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Subsidy Tracker Parent Company Summary
Parent Company Name: Chubb Limited
Ownership Structure: publicly traded (ticker symbol NYSE: CB)
Headquartered in: Switzerland
Major Industry: financial services
Specific Industry: insurance
Subsidy Summary | Subsidy Value | Number of Awards |
State/Local | $49,328,621 | 23 |
Federal (grants and allocated tax credits) | $0 | 0 |
TOTAL | $49,328,621 | 23 |
Loan / Bailout Summary | Total Face Value | Number of Awards |
State/Local loans, bond financing and venture capital | $10,000,000 | 1 |
Federal loans, loan guarantees and bailout assistance (not including repayments) | $209,842,951 | 1 |
TOTAL | $219,842,951 | 2 |
Time Period for Federal Awards: FY2000 to the present
Notes: Dollar totals do not include awards for which no subsidy value is disclosed.
Links: For a summary of this company's regulatory violations see its Violation Tracker summary page
here.
Top 5 States for state/local awards | Total Subsidy $ | Number of Awards |
New Jersey | $40,232,584 | 3 |
North Carolina | $6,096,037 | 18 |
Pennsylvania | $3,000,000 | 2 |
Individual Subsidy Records:
Click on the company name for more information on each subsidy award.
Company | Location | Subsidy Source | Year | Subsidy Value | Loan/Bailout Value | Type of Subsidy |
The Chubb Corporation | New Jersey | state | 2010 | $28,956,550 | | Tax credit/rebate |
ACE American Insurance Company | New Jersey | state | 2009 | $9,706,284 | | grant |
Chubb Corporation, The | New Jersey | state | 2000 | $1,569,750 | | grant |
ACE American Insurance Company | Pennsylvania | state | | $1,500,000 | | tax credit/rebate |
Ace American Insurance Company | Pennsylvania | state | | $1,500,000 | | grant |
Federal Insurance Co. | North Carolina | state | 2016 | $1,071,615 | | tax credit/rebate |
Federal Insurance Co. | North Carolina | state | 2015 | $1,055,394 | | tax credit/rebate |
Federal Insurance Co. | North Carolina | state | 2017 | $1,012,969 | | tax credit/rebate |
Federal Insurance Co. | North Carolina | state | 2014 | $996,266 | | tax credit/rebate |
Federal Insurance Co. | North Carolina | state | 2018 | $921,616 | | tax credit/rebate |
Federal Insurance Co. | North Carolina | state | 2019 | $272,105 | | tax credit/rebate |
Pacific Indemnity Co. | North Carolina | state | 2015 | $85,775 | | tax credit/rebate |
Pacific Indemnity Co. | North Carolina | state | 2016 | $81,782 | | tax credit/rebate |
Pacific Indemnity Co. | North Carolina | state | 2017 | $81,782 | | tax credit/rebate |
Pacific Indemnity Co. | North Carolina | state | 2014 | $77,791 | | tax credit/rebate |
Chubb Indemnity Ins. Co. | North Carolina | state | 2015 | $73,385 | | tax credit/rebate |
Chubb Indemnity Insurance Co. | North Carolina | state | 2014 | $73,261 | | tax credit/rebate |
Pacific Indemnity Co. | North Carolina | state | 2018 | $72,935 | | tax credit/rebate |
Chubb Indemnity Ins. Co. | North Carolina | state | 2016 | $72,621 | | tax credit/rebate |
Chubb Indemnity Insurance Co. | North Carolina | state | 2017 | $64,573 | | tax credit/rebate |
Chubb Indemnity Ins. Co. | North Carolina | state | 2018 | $62,440 | | tax credit/rebate |
Chubb Indemnity Ins. Co. | North Carolina | state | 2019 | $10,877 | | tax credit/rebate |
Pacific Indemnity Co. | North Carolina | state | 2019 | $8,850 | | tax credit/rebate |
ACE American Insurance Company | United States | federal | 2017 | | $209,842,951 | federal insurance |
ACE INA Holdings | Pennsylvania | state | | | $10,000,000 | loan or bond financing |
Combined Insurance Company of America | Illinois | state | 2010 | undisclosed | | tax credit/rebate |
Federal Insurance Company | Maryland | state | 2010 | undisclosed | | tax credit/rebate |
ACE AMERICAN INSURANCE COMPANY | New Jersey | state | | undisclosed | | tax credit/rebate; property tax abatement |
Federal Insurance Company | Maryland | state | 2010 | undisclosed | | tax credit/rebate |
ACE AMERICAN INSURANCE COMPANY | New Jersey | state | | undisclosed | | tax credit/rebate; property tax abatement |
Chubb Insurance | Maryland | local | 2006 | undisclosed | | grant |
Federal Insurance Company | Maryland | local | 2006 | undisclosed | | enterprise zone |