CEO of top American insurance company faces scrutiny over CCP ties amid growing U.S.-China tensions

By willowt // 2025-10-14

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Insurance giant Chubb Limited and CEO Evan Greenberg accused of maintaining deep ties to the Chinese Communist Party (CCP).
Consumers’ Research launches multi-million-dollar campaign, including TV ads and mobile billboards, alleging Chubb prioritizes CCP-linked business over U.S. interests.
Greenberg has met repeatedly with Chinese leaders, including Xi Jinping, and holds advisory roles at CCP-linked institutions like Tsinghua University.
Chubb defends Greenberg, citing his criticism of China’s "authoritarian approach," while former Trump officials vouch for his pro-U.S. stance.
Greenberg’s father, Maurice Greenberg, has long-standing CCP connections, receiving awards from Beijing for advancing China’s economic interests.

As U.S.-China tensions escalate, insurance behemoth Chubb Limited and its CEO Evan Greenberg face explosive allegations of prioritizing Chinese Communist Party interests over American security. Nonprofit Consumers’ Research launched a seven-figure media blitz this week, accusing Greenberg of fostering "deep ties" to Beijing while pushing progressive policies at home. The campaign, featuring TV ads and a mobile billboard circling Capitol Hill, underscores growing scrutiny of corporate entanglements with adversarial regimes.

The allegations

Consumers’ Research alleges Chubb’s operations in China—including its 85.5 percent stake in Huatai Insurance Group and partnership with state-owned PICC—reveal a pattern of deference to CCP influence. The group’s ad starkly declares: "While U.S. leaders warn of China’s growing threat, Chubb is investing more, standing closer and tied tighter to China. Your friends show who you really are." Chubb swiftly dismissed the claims as "completely dishonest," citing Greenberg’s public critiques of China’s "predatory practices." Robert O’Brien, former Trump national security adviser, defended Greenberg, telling Fox News his business dealings helped shrink the U.S. trade deficit. Yet records show Greenberg has repeatedly praised China’s economic "resilience" and downplayed U.S. efforts to counter CCP aggression—even urging Washington to "tone down rhetoric about Taiwan."

A family legacy of China ties

The Greenbergs’ connections to Beijing span decades. Evan’s father, Maurice Greenberg, former AIG chairman, lobbied for China’s WTO accession and was honored by Xi Jinping as an "old friend of China." Evan himself has met Xi multiple times, including at a 2024 Beijing forum where he hailed U.S.-China economic interdependence. He also serves on the advisory board of Tsinghua University—a hub for China’s military-tech development—alongside Meta’s Mark Zuckerberg and Apple’s Tim Cook. Critics argue such relationships blur corporate loyalty with national security. "When American corporations cozy up to communist dictators, they betray not just their country, but their customers," warned Consumers’ Research Executive Director Will Hild.

Broader implications

The campaign highlights a widening rift in U.S. policy circles over how to engage—or disengage—with China. While Greenberg insists stable U.S.-China relations benefit commerce, skeptics warn corporate partnerships empower Beijing’s authoritarian ambitions. The House Select Committee on the CCP has previously slammed U.S. executives for legitimizing Xi’s regime, citing events like a $40,000-per-seat banquet with the Chinese leader. Meanwhile, Chubb’s 2022 acquisition of Huatai Insurance—a $10 billion Chinese firm—raises questions about data security, given Tsinghua’s defense ties. Greenberg’s actions make it clear "he’s all in on the CCP," Hild asserted.

A test of corporate allegiance

As Washington tightens restrictions on tech exports and investment in China, the Chubb controversy underscores a pivotal question: Can U.S. corporations balance profit with patriotism in an era of great-power rivalry? For Consumers’ Research, the answer is clear—companies like Chubb must choose sides. For now, Greenberg’s defenders insist his engagement serves U.S. interests. But with bipartisan momentum building to counter CCP influence, the insurance titan’s China ties may face even fiercer scrutiny ahead. In an age of economic warfare, corporate loyalty is no longer just a boardroom issue—it’s a national security imperative. The Chubb controversy signals a new front in America’s struggle to disentangle from Beijing’s orbit, one board membership and shareholder letter at a time. Sources for this article include: TheEpochTimes.com FoxNews.com NTD.com