About Chubb in Bermuda

About Chubb Tempest Re Bermuda

A global leader in the catastrophe reinsurance market

Recent years have demonstrated that both the frequency and severity of catastrophes can have a devastating impact on insurer balance sheets. Our goal is to help you manage that risk by providing unsurpassed security and responsive claims management.

Chubb Tempest Re Bermuda’s success with managing that risk is built on a combination of state-of-the-art analytical capabilities and a responsive and transparent approach.

Proprietary Technology Streamlines Risk Assessment

Our underwriters utilize the most sophisticated techniques available for risk assessment and employ multiple event-based catastrophe simulation models to evaluate the loss potential of each risk assumed. For perils and regions where a robust vendor model is not available, we rely upon a proprietary exposure and experience model, developed over our operating history.

Our proprietary portfolio management system, Excalibur, helps us to streamline a complex and data intensive process allowing us to assess each risk as well as evaluate the amount of capital required to support it. We further stress test our portfolio by managing to worst case events. This highly technical approach combined with a measured willingness to lose ensures our interest in being a valued catastrophe reinsurance partner now and in the future.

We Give You a Comprehensive Understanding of Your Exposure

We believe that our analysis is only as strong as the tools we use and the data we are provided. Our in-house research & development team works with our underwriters to evaluate the strengths and sensitivities of the models and to determine any adjustments that are warranted. In addition, we assess data quality issues and strive to gain a comprehensive understanding of a client’s exposures through extensive exposure profiling and mapping. We work closely with our brokers and clients to provide transparent feedback of our analysis and modeling, as well as an understanding of pricing.

Capabilities

Chubb Tempest Re Bermuda continually responds to your needs by developing innovative, customized reinsurance products. We offer property catastrophe, casualty and specialty reinsurance products worldwide. Here is the list of products:

Property Catastrophe Reinsurance

  • Occurrence excess of loss
  • Aggregate excess of loss
  • Proportional catastrophe peril treaties
  • Reinstatement premium protection covers
  • Back-up covers
  • Options on catastrophe excess of loss

Casualty Reinsurance

  • Workers’ compensation catastrophe
  • Personal accident and life catastrophe excess of loss
  • Casualty reinsurance for captives and alternative risk vehicles

Specialty Reinsurance

  • US crop aggregate excess
  • Terrorism risk excess
  • Industry loss warranty covers
  • Cat bonds

Financial Strength

Chubb Tempest Re Bermuda takes pride in bringing superior underwriting expertise, capital and capacity to the worldwide reinsurance market. Our solid financial ratings, strong balance sheet and responsive claims paying have earned us a reputation as a world leader in the property and casualty reinsurance market. 

Contact Information

Tim Mardon, Division President
Chubb Tempest Re Bermuda
Tel: 441 299 9315
Email: Tim.mardon@chubb.com

Corporate Address

Chubb Tempest Reinsurance Ltd.
Chubb Building
17 Woodbourne Avenue
Hamilton HM 08
Bermuda

Mailing Address

Chubb Tempest Reinsurance Ltd.
P.O. Box HM 2702
Hamilton HM KX
Bermuda
Telephone: +1 (441) 295 5200
E-mail: tempestre@chubb.com

Please visit the Investor Information page at www.chubb.com for current financial strength ratings, Chubb annual report, and financial supplements.