In awarding Chris Hogan Insurance Asset Risk's CIO of the year award, it goes to 'new hands' – in May, he replaced Chubb's Tim Boroughs, upon the long-standing incumbent's promotion to vice chairman and executive chairman, asset management.
Chubb's CEO and chairman Evan Greenberg called Hogan "a proven leader and talented investment manager who has demonstrated the skill, deep knowledge, professionalism and character of a Chubb senior executive". And Boroughs dubbed him "a great partner in driving Chubb's exemplary investment results [who had] proven his exceptional value as portfolio manager and market strategist".
Since 2023, when Hogan joined Chubb from being co-CIO of GSAM's fixed income hedge fund, the group's pre-tax, and adjusted, net investment income results improved by double-digit percentages in 11 of 12 quarterly readings, commonly topped 30%.
The phrase 'both were records' peppers the group's recent results announcements.
The portfolio's rise has not just been about riding core yields up, either.
Chubb's European units' holdings in private equity funds, high-yield and securitisations demonstrate a willingness - and skill - in successfully seeking both diversification and returns, for instance.
Chubb is, at its heart, an insurer. But Hogan looks set to continue its track record as a successful, astute and eclectic investor, giving the group's underwriters a reliably solid investment base upon which to write business.