Trump, the likely GOP nominee in the 2024 presidential race, was ordered in January to pay $83.3 million to Carroll, a former Elle columnist, for damaging her reputation after she accused him of sexually assaulting her in a department store dressing room in the mid-1990s.
He later added: "There is a simple way of looking at this, is that he has $450 million reasons to be differential if somebody else is putting up the money or co-signing...That issue of who is actually behind this is something that people who are voting should know."
The former president owes further payments in New York after a civil fraud trial judgment was imposed by Judge Arthur Engoron.
Trump was recently fined roughly $355 million, plus interest, in his New York civil fraud case, which accused him, his two adult sons, Donald Jr. and Eric, The Trump Organization and two firm executives of fraudulently overvaluing assets to secure more favorable bank loans and taxation deals.
Meanwhile, Chubb chairman and CEO Evan Greenberg has history with Trump, having been appointed in 2018 to his Advisory Committee for Trade Policy and Negotiations during his presidency.
The Washington Post recently reported it is "not clear from court records what collateral Trump presented to obtain the bond from Chubb."
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