Home

2017 Canadian Public Accountability Statement

Affiliates

This 2017 Canadian Public Accountability Statement includes the contributions of the following affiliate companies of CICC:

  • Chubb Life Insurance Company of Canada (“CLICC”)
  • Combined Insurance (Canadian Branch) (“Combined”)
  • Federal Insurance Company (Canadian Branch)

Contact Us

For any inquiries regarding our 2017 Canadian Public Accountability Statement please contact:

David Yeatman
Senior Vice President, Canadian Distribution Leader & Communications Manager
dyeatman@chubb.com
416.359.3240

Community Development & Participation

Chubb Canada believes its employees should positively influence the communities in which they work and live. Chubb Canada actively supports eligible community, environmental, health, human services, educational and cultural nonprofit charities.  In total, Chubb Canada donated $163,491 to charitable organizations in 2017.

Matching Gift Program

Chubb Canada’s commitment to enriching our communities and helping the less fortunate is supported by our Matching Gift Program.  The Matching Gift Program applies to employees of CICC and CLICC with at least 6 months of service.  As part of this program, we match 50% of individual employee contributions, from a $25.00 minimum to an aggregate maximum of $20,000 per employee for each calendar year.

CARE Committee

The Charitable Actions and Resources for Employees (“CARE”) Committee represents Chubb Canada’s strong commitment to community outreach and philanthropic initiatives.  The CARE Committee empowers our employees by providing them with opportunities to volunteer and fundraise for registered charities and not-for-profit organizations. 

The CARE Committee works to support annual events including: United Way Week, Hope in Bloom (Parkinson’s Canada), Women in Insurance Cancer Crusade (“WICC”) Relay for Life, and the SickKids Great Camp Adventure Walk. 

In 2017, the CARE Committee was responsible for helping to facilitate 412 hours of charitable work by our employees, and through the efforts of the CARE Committee and our employees, over $280,000 was donated to local charities and not-for-profit organizations. 

CARE Days

At Chubb Canada, community involvement and volunteerism are an integral part of our culture. As part of the CARE program, employees of CICC and CLICC are eligible to receive up to 15 hours of paid time away from the office to volunteer at a Canadian registered charity of their choice.  For cases of extraordinary charitable work, employees may receive an additional 5 CARE days per year.

Chubb Canada in Action

Annual Toy Drive

Employees of CICC and CLICC participate in an annual holiday toy drive. In our Toronto office, each floor was decorated for the holiday season and had a CARE Holiday Corner – a place where employees could leave a gift donation. In 2017, the CARE Holiday Corner campaign supported the Firefighters Association of Toronto, and due to our employees’ generosity, toys were donated to over 400 children.  In our Vancouver office, a holiday exchange in the style of ‘Secret Santa’ was organized in support of the Lower Mainland Christmas Bureau, which focused on providing gifts to teenagers in need.

Women in Insurance Cancer Crusade (“WICC”)

Chubb Canada is a National Platinum Sponsor for WICC.  Since 2016, Chubb Canada has committed $15,000 each year over a three year period in support of WICC and its initiatives.  In furthering its partnership with WICC, Chubb Canada participated in WICC’s Relay for Life event which supports the Canadian Cancer Society. All Chubb Canada employees and their guests who participated were given Chubb-branded attire as they celebrated cancer survivors and fundraised for ongoing cancer research.  Over $9,000 was raised by Chubb Canada employees for this event. 

The Great Camp Adventure Walk

In September 2017, 24 of our employees together with their families and canine friends participated in The Great Camp Adventure Walk to raise funds for SickKids.  The Great Camp Adventure Walk saw a team of our employees reach distance milestones, play games, and earn badges at activity stations all with the aim of having a great time while raising awareness for this honourable cause.  This event was a huge success with a total of $7,300 in donations for SickKids, including over $2,800 from Chubb Canada’s Matching Gift Program.

United Way Campaign

CICC and CLICC’s offices across Canada were actively involved in the United Way Campaign. Over $185,000 was raised for the United Way, including a 50% match from the CCF.  Over 75% of CICC and CLICC’s employees in Toronto participated in Decades for Dollars, the week-long campaign centered on the theme of culture and trends across different decades. In 2017, CICC was nominated for a Spirit Award under the Leadership Campaign category, which is “awarded to organizations that bring United Way’s campaign best practices to life— including effective awareness building around the benefit of giving directly to United Way, successful canvassing and comprehensive recognition—to improve results over the previous year.”

In 2017, Combined’s United Way Campaign sponsored many fundraising events including an international food festival, a farm produce sale, prize draws, and a pizza day.  During this campaign, Combined matches 50% of its employees’ contributions.  As a result of high engagement and Combined’s support of this initiative, $22,500 was raised for the United Way.

Canadian Shoreline Clean Up

Chubb Canada’s employees in Vancouver were involved in the Great Canadian Shoreline Clean-Up delivered in partnership with the Vancouver Aquarium and the World Wildlife Fund Canada, and recognized as one of the largest direct action conservation programs in Canada.  The clean-up activity took place at a “high risk” / “in need” site at CRAB Park at Portside.

In addition to collecting bags of the “dirty dozen”, which included plastic products, batteries, cigarette butts, lighters, and Styrofoam, Chubb Canada employees safely removed an estimated 100 syringes.  Chubb Canada employees were humbled by the positive reception they received, which included local visitors of the park who helped with the clean-up efforts.

Big Bike Ride – Heart and Stroke Foundation of Canada

Employees at Combined participated in the Big Bike Ride for the Heart and Stroke Foundation.  The Combined team consisted of 17 employees who pedaled the Big Bike in Unionville, Ontario, to raise funds and awareness to support the fight against heart disease and stroke.  Due to the contributions of Combined’s employees and their sponsors, $5,178 was donated to the Heart and Stroke Foundation.

Taxes Paid

Chubb Canada is an active corporate citizen that contributes to the Canadian economy. In 2017, Chubb Canada paid $19.5 million in federal income taxes and $63.3 million in provincial income and premium taxes.  Collectively, Chubb Canada paid $82.9 million in taxes for 2017. 

For the period of January 1, 2017 – December 31, 2017

 

Income Taxes Paid

(in thousands) 

Premium Taxes

Paid

(in thousands) 

Total Taxes

Paid

(in thousands)

 

Federal

 

19,521

 

 

19,521

Alberta

1,277

8,584

9,861

British Columbia

545

5,938

6,483

Manitoba

339

801

1,140

New Brunswick

960

801

1,761

Newfoundland & Labrador

749

1,438

2,187

Nova Scotia

851

1,024

1,875

Northwest Territories

1

29

30

Nunavut

0.09

6

6

Ontario

4,006

18,846

22,852

Prince Edward Island

132

173

305

Quebec

5,404

9,429

14,833

Saskatchewan

635

1,350

1,985

Yukon

1

22

23

Total Provincial

14,901

48,441

63,341

 Total

34,422

48,441

82,863

Our Employees

As of December 31, 2017, Chubb Canada employed 914 individuals across Canada. 

Province*

Full-Time

Part-Time

Total

 

Alberta

 

37

 

 

37

British Columbia

24

24

Manitoba

2

2

New Brunswick

2

2

Newfoundland & Labrador

1

1

Nova Scotia

7

7

Ontario

680

26

706

Quebec

127

6

133

Saskatchewan

2

2

Total

882 

32 

 914 

*Provinces or territories where we have no employees are not listed.

*Chubb is the world's largest publicly traded property and casualty insurance company. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients.  As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly.  The company is also defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally.  In Canada, Chubb operates through Chubb Insurance Company of Canada and Chubb Life Insurance Company of Canada. 

Our parent company, Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index.  Chubb maintains executive offices in Zurich, New York, London and other locations, and employs approximately 31,000 people worldwide.

 CHUBB® is a registered trademark of Chubb INA Holdings Inc., and is used under licence by Chubb Insurance Company of Canada.