What is the Chubb in the Chubb Classic on PGA Tour Champions?
Champions Tour

What is the Chubb in the Chubb Classic on PGA Tour Champions?


The Chubb Classic is one of the longest-running events on the 50-plus PGA Tour Champions. However, the Naples, Fla., tournament drew some snickers and looks of confusion when the name changed from ACE Group Classic to Chubb Classic starting in 2016.

The disengaged are probably wondering what it is Chubb does.

Chubb is actually the world's largest publicly-traded property and casualty insurer. They provide, according to their website, "commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance."

Chubb has approximately $160 billion in assets and $35 billion of gross premiums written in 2016, according to their website, and they employ approximately 31,000 people.

So, before you make a Chubb joke, know that Chubb is worth big money.

About the author

Golf News Net

Golf News Net

We use the Golf News Net byline sometimes just to change things up. But, it's one of us humans writing the story, we promise.

Sometimes we post sponsored content from this account, and it is labeled as such. We also occasionally include links to products and services from which we could make a small percentage of a sale through affiliate programs.