COVID Stimulus Watch Individual Entry
Recipient Company:
Chubb INA Holdings Inc
Loan or Loan Guarantee Amount:
$2,221,869
Recipient Details
Ownership Structure: publicly traded (ticker symbol NYSE: CB)
Award Details
Award Date: Sep 8, 2020
Award Type: loan
Award Details: Amount represents the purchase price of company bonds bought by the Fed.
Program Name: Secondary Market Corporate Credit Facility
Legislation: CARES
Awarding Agency: Federal Reserve
Data Source for Award:
https://www.federalreserve.gov/publications/reports-to-congress-in-respo...
Parent Company Data
Parent Company: Chubb Limited
Headquartered in: Switzerland
Parent Sector: financial services
Parent Industry: insurance
Employees (prior to pandemic): 33,000
Accountability Issues Since 2010
Employment-related Penalties: $6,000,000
Government-contracting-related Penalties: $70,000,000
Good Jobs First has no data in this category
Consumer Protection / Financial / Competition-related Penalties: $5,446,204
Ratio of CEO Pay to that of Median Worker: 309 to 1
CEO Compensation: $20,475,070
Worker Median Pay: $66,372
Total Federal, State, and Local Subsidies: $28,956,550
Violation Tracker
Tax / Subsidy Issues
Environment / Safety Issues
Consumer Protection Issues