Chubb Promotes Scott Henck to Global Chief Actuary as Paul O'Connell Retires
Event summary
- Scott Henck, current North America Chief Actuary, promoted to Global Chief Actuary effective April 1, 2026.
- Paul O'Connell retires after 40 years in the property and casualty insurance industry.
- Cynthia Bentley promoted to succeed Henck as North America Chief Actuary.
- Henck will oversee all actuarial functions, including reserving, pricing, and capital performance measurement.
The big picture
Chubb's promotion of Scott Henck to Global Chief Actuary underscores the company's focus on maintaining rigorous risk management and actuarial excellence. This leadership transition comes at a time when the insurance industry is grappling with evolving risk landscapes and increasing regulatory scrutiny. With operations in 54 countries and a strong financial foundation, Chubb's strategic moves in actuarial leadership will be closely watched by investors and industry peers.
What we're watching
- Leadership Transition
- How Henck's promotion will impact Chubb's global actuarial strategy and risk management.
- Actuarial Excellence
- Whether Henck can sustain the high standards set by O'Connell in actuarial functions.
- North America Focus
- The pace at which Bentley can strengthen actuarial capabilities in North America.
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