Item 5.02. Departure of Directors or Certain Officers; Election of Directors;


           Appointment of Certain Officers; Compensatory Arrangements of Certain
           Officers.

(b) On January 15, 2021, Chubb Limited ("Company" or "Chubb") announced that Philip Bancroft, Executive Vice President of Chubb Group and Chief Financial Officer, plans to retire from the role of Chief Financial Officer on July 1, 2021 after 19 years of service. Mr. Bancroft has served as Chief Financial Officer of Chubb since January 2002.

(c) On January 15, 2021, the Company announced that Peter Enns has agreed to join the Company on or before April 1, 2021 as Executive Vice President, Finance, Chubb Group and to become Chief Financial Officer of Chubb upon Mr. Bancroft's retirement.

Mr. Enns, age 55, has more than 30 years of finance and investment banking experience. He spent over 20 years with Goldman Sachs (investment banking and financial services) in various senior roles, including partner of the firm's U.S. Financial Institutions Group based in New York, head of its Asia Financial Institutions Group based in Hong Kong, and chief executive of its business operations in Canada. More recently, Mr. Enns held a number of roles with HSBC (banking and financial services), including his last assignment as Global Co-Head of Investment Banking Coverage based in Hong Kong.

In connection with Mr. Enns's appointment he will be entitled to receive an annual base salary of $880,000. He will have an annual "target" bonus of $1,400,000 and a "target" annual equity award of $2,400,000, with actual awards based on both individual and Company performance. He will also receive a monthly housing allowance of $10,000 to $12,000. As a buyout or replacement of a portion of his unvested deferred cash and equity and a bonus he is forfeiting upon leaving HSBC, Mr. Enns will receive a special equity grant valued at $3,680,000 in the form of time-based restricted shares, with 25% vesting per year, performance shares and stock options. Mr. Enns will also be eligible to participate in the Company's other benefit plans and programs, such as retirement plans, deferred compensation plans, incentive plans, health benefits and relocation assistance.

Item 7.01 Regulation FD Disclosure

On January 15, 2021, the Company issued a press release announcing that Mr. Bancroft, Executive Vice President of Chubb Group and Chief Financial Officer, plans to retire from the Company on July 1, 2021 and that Mr. Enns has agreed to join the Company on or before April 1, 2021 as Executive Vice President, Finance, Chubb Group and to become Chief Financial Officer upon Mr. Bancroft's retirement. A copy of the press release is attached hereto as Exhibit 99.1 and incorporated into this Item 7.01 by reference.

The information furnished pursuant to this Item 7.01, including Exhibit 99.1, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 (the "Exchange Act") or otherwise subject to the liabilities under that Section and shall not be deemed to be incorporated by reference into any filing of the Company under the Securities Act of 1933 or the Exchange Act.

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Item 9.01. Financial Statements and Exhibits




(d)  Exhibits



Exhibit
Number                                    Description

99.1           Press Release, dated January 15, 2021, announcing the retirement of
             Philip Bancroft and naming of Peter Enns as Chief Financial Officer,
             each effective July 1, 2021

104          Cover Page Interactive Data File (the cover page XBRL tags are
             embedded within the Inline XBRL document)

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