Chubb steps into Bermuda’s high-net-worth life market

Chubb has entered Bermuda’s direct life insurance market for high-net-worth individuals, targeting growing demand for wealth preservation and legacy planning solutions among clients with complex, multi-jurisdictional needs.

The expansion adds life protection, savings and investment-linked products as it deepens its offering for private wealth clients.

Chubb Tempest Life’s consolidated balance sheet held more than $17 billion in shareholder equity and $35 billion in total assets on December 31, 2025. The business is rated A++ by AM Best and AA by S&P Global Ratings.

Chris Wiseman, Chubb’s Bermuda regional chief financial officer, said: “As global wealth continues to grow, so does the demand for sophisticated wealth preservation and legacy planning solutions. Our expanded offering reflects Chubb’s long-term commitment to the private wealth segment and reinforces our ability to serve clients with complex, multi-jurisdictional needs through tailored, globally connected solutions.”

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