Scott Henck, Executive Vice President and Chief Actuary, North America, has been appointed Senior Vice President, Chubb Group and Chief Actuary. He succeeds Paul O'Connell, who is retiring after a 40-year career in the property and casualty insurance industry. The appointment is effective April 1, Chubb announced.

In his new role, Henck will oversee all actuarial functions, including reserving, pricing and capital performance measurement.

"On behalf of all of us at Chubb and me personally, I want to thank Paul for his many contributions, outstanding judgment and deep professionalism over his distinguished career", said Evan G. Greenberg, Chairman and Chief Executive Officer of Chubb Limited and Chubb Group. "Paul has been an important steward of Chubb's actuarial capabilities, and we wish him all the best in his retirement", the CEO added.

"We are pleased to appoint Scott to lead Chubb's global actuarial functions. He is an accomplished actuary and proven leader whose deep technical expertise and understanding of our businesses will ensure we continue to manage risk with the rigor and excellence that define our company", commented Evan G. Greenberg.

Cynthia Bentley, currently Senior Vice President and Head Actuary of North America Commercial Insurance, will succeed Henck as Executive Vice President, North America Chief Actuary.