Chubb’s Greenberg: Property insurance rates more favourable than cat
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Chubb’s Greenberg: Property insurance rates more favourable than cat

Chubb logo greenberg v2.jpg

Chubb is putting greater emphasis on property insurance than cat business as it sees more “favourable” risk-adjusted returns in the former, according to chairman and CEO Evan Greenberg.

Speaking on the company’s Q2 results call today, Greenberg addressed a question around why the company is not growing its exposures in property cat as much as analysts had expected, despite hard market conditions.

Greenberg

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