other material
confidence high
sentiment neutral
materiality 0.50
Chubb shareholders approve authorized share capital increase and share capital reduction at 2022 AGM
Chubb Ltd
- Authorized capital increased up to CHF 4.83B (200M shares) for general purposes; pre-emptive rights may be limited.
- Share capital reduction approved prospectively, subject to Swiss creditor notice and 2-month waiting period.
- Shareholder proposal to restrict fossil fuel underwriting rejected (284.8M against vs 68.5M for).
- Shareholder proposal for greenhouse gas emissions report approved (255.9M for, 98.6M against).
- All director nominees elected; Evan G. Greenberg re-elected as Chairman despite 126.9M votes against.