China Chubb: Your Friends Show Who You Really Are
Chubb and its CEO Evan Greenberg are all-in on Communist China
Chubb CEO Evan Greenberg’s deep ties with China
Learn more about Evan Greenberg’s deep ties with China
- In his 2022 annual letter to Chubb shareholders, CEO Evan Greenberg said “any efforts” from Washington to try to “contain” China or to seek the collapse of its ruling Communist party would be “self-isolating.”
- Evan Greenberg has deep personal and professional connections to China. He serves as Executive Vice Chair of the National Committee on U.S.-China Relations and is a Director of the U.S.-China Business Council which push pro-China policies.
- Evan Greenberg sits on the Advisory Board of Xi Jinping’s alma mater, the Tsinghua University School in Beijing which cultivates individuals to work for the CCP and has ties to the Chinese military.
Chubb is betting big on
Communist China
Learn more about how Chubb is betting big on Communist China
- Chubb has invested billions in Chinese companies. The company owns more than 85% stake in Chinese insurer Huatai Insurance Group, which is overseen by the Chinese Communist Party regulatory agency.
- In 2017, Chubb entered into a 10-year agreement with PICC Property & Casualty Company of China. This agreement helps Chubb support Chinese companies and promote the CCP’s initiatives around the world.
- Evan Greenberg has a long history of doing business in China, and has met frequently with leaders, including Chinese President Xi Jinping, which has helped Chubb expand business interests in China.
Evan Greenberg with Senior CCP officials
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