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Chubb announces donation to pandemic relief

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Chubb has committed $US10 million ($16.66 million) to pandemic relief efforts and has pledged not to retrench employees while the crisis is ongoing.

The funds will be made by the Chubb Charitable Foundation and will go to emergency frontline services and “most financially vulnerable members of the community”.

Chubb says it will work with partner organisations in the US and other countries to provide essential resources “in areas facing the most acute need”.

Separately, the company announced it will not conduct “any layoffs of Chubb employees” while the COVID-19 pandemic health crisis continues.

“We are committed to supporting people, business and communities most impacted by this global crisis,” Chairman and CEO Evan Greenberg said.

“Our $US10 million commitment will add to the urgent efforts required to meet the immediate health and nutrition needs of those most affected.

“Concerning our no-layoff pledge, we want our 33,000 employees around the globe to be assured that their jobs are secure at this difficult time.”