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The logo of the former Chubb Corp. during Percy Chubb III's last years with the company founded by his great-grandfather.

Percy Chubb III, former vice chairman of Warren, N.J.-based Chubb Corp. has died at 81, the company announced today.

Known to generations of employees, friends and industry colleagues as Pi, Chubb was the great-grandson of Thomas Caldecot Chubb and grandson of Hendon Chubb, who founded Chubb & Son in 1882. After graduating from Yale and serving two years in the Army, Pi Chubb joined the firm in 1958 as a trainee in the New York office. At that time, Chubb & Son had 17 offices and $67 million in written premium.



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