Chubb among US cedants pulling plans for extra cat protection
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
  • Email

© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Chubb among US cedants pulling plans for extra cat protection

Chubb logo New York v2.jpg

Chubb is among the US insurers that have pruned back plans to extend their catastrophe reinsurance programmes as the extent of post-Hurricane Ian market hardening becomes clear, sources said.

The insurer’s main protection renews in April but it had tested the market for a large slug of reinsurance capacity – $500mn or more – to function as a new top layer, with the hope of securing coverage before...

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Gift this article