Quote:
Originally Posted by Londonee
I think American Airlines turning PHL into its main European gateway certainly helped land Chubb here. There's not a ton of non-stop destinations from Zurich (Chubbs global HQ) so having that non-stop route put Philly on a shortlist of potential locations.
Hopefully we see this trend continue with additional US HQs of European companies.
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Not that it matters but Ace bought Chubb who bought the property and causality business based in Philadelphia from CIGNA. The NA in the CIGNA name comes from the original company based here, the Insurance Company of North America. INA held the distinction of being America’s first insurance company. Chubb’s offices are currently located at 4th and walnut and my friend who works there said they want more modern offices because their current digs are very 80s. So this isn’t a new move (I actually doubt any company is older) but it’s good to see their desire to stay here.
https://en.m.wikipedia.org/wiki/Insu..._North_America