Chubb lands near Mexico City the week of a $20 billion Strait of Hormuz reinsurance plan

Chubb flew from Morristown Municipal Airport to Adolfo López Mateos International Airport outside Mexico City on June 10, a 4-hour-34-minute trip in its Gulfstream G650ER (N846CB). The flight arrived at 20:34 UTC, touching down in the same week the company is executing on one of the most consequential geopolitical risk events of 2026.

The same week, per Yahoo Finance and Insurance Journal, Chubb CEO Evan Greenberg announced the company had been tapped by the U.S. International Development Finance Corporation to lead a $20 billion maritime reinsurance plan to resume commercial shipping through the Strait of Hormuz, where war risk coverage has dried up amid the U.S.-Israeli-Iran conflict. Greenberg told analysts the commerce passing through the strait plays a vital role in the global economy. Separately, a New York court-appointed special referee ruled the Archdiocese of New York may depose Greenberg in a clergy abuse coverage dispute, as reported by Insurance Journal on May 21.

The flight to Mexico City follows a pattern of Chubb's G650ER moving between its Zurich home base and its major U.S. operations in New Jersey and New York. The aircraft had made six trips in the prior three weeks, including a Zurich-to-Fort Lauderdale leg on May 21 and a Westchester-to-Zurich round trip on May 20, reflecting the global scope of Chubb's insurance operations.