Chubb, Zurich, and National Indemnity launch $100M excess casualty facility

Chubb , Zurich North America , and National Indemnity (NICO) (part of Berkshire Hathaway) have partnered to launch a new excess casualty facility offering up to $100 million in claims-made lead excess capacity for large US companies. The solution targets national and multinational firms facing rising litigation risks and diminishing market capacity.

Underwritten by Chubb and Zurich and reinsured by National Indemnity, the facility aims to streamline acquisition and administration with consistent terms, cost efficiencies, and centralized access through either Chubb or Zurich. Coverage becomes available starting July 1, 2025.

The move reflects growing demand for scale, financial strength, and claims expertise in a volatile excess casualty market.