Chubb Report: Damage During Home Renovations and from Extreme Weather are Top Concerns of U.K. High Earners
Inaugural Wealth Report survey offers insight on the wealthy, their passions, and protecting what matters
These are some of the key findings of the inaugural Wealth Report from
Theft is a primary concern. Nearly nine in 10 respondents (86%) said that theft is the primary worry when it comes to their collections, with many believing social media exposure is making them more of a target for thieves. "Watch thefts have risen dramatically," said Vaughan. "It is really important for collectors to think about their surroundings and whether they really want to wear their most expensive pieces in places where they are hard to protect."
Eight out of 10 respondents are collectors of fine art, jewellery, watches, cars, wine and other valuables. More than six in ten (62%) say they have a passion for what they collect, while 38% see it primarily as an investment.
Building wealth is now more challenging than ever before. Half of the
What keeps successful people up at night? Competitiveness of the
The complete
Chubb Wealth Report Survey Methodology
Findings are based on a survey of 350 high net worth individuals in the United Kingdom, conducted by iResearch Services in September and
About Chubb
Chubb is a world leader in insurance. With operations in 54 countries and territories, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. The company is also defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company
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