Chubb appoints Lord Turner

Insurance firm Chubb has appointed Lord Adair Turner as non-executive chairman of Chubb European Group and Chubb Underwriting Agencies.

Previously executive chairman of the Financial Services Authority (FSA) from 2008 to 2013, overseeing the UK’s policy and regulatory response to the global financial crisis, he succeeds John Napier, who recently stepped down from the position.

Juan Andrade, executive vice president of Chubb Group and president, overseas general insurance at Chubb, said, ‘Adair Turner’s exceptional background in business, government and supervision will be of great benefit to our boards and our business as we continue to navigate the evolving market and regulatory landscape in Europe. I am delighted to welcome him to Chubb.’