Chubb
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The Simon Wiesenthal Center teams with a litigant group established by four high-profile American chefs.
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Coronavirus’ unwanted record; John Neal speaks out; structured credit freezes up.
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RLI shares plunged by nearly 12 percent, while and Argo dropped over 6 percent.
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The Chubb CEO said capital and liquidity “will be king” for carriers in the current environment. -
The insurer reports a 0.1-point improvement in its P&C combined ratio for the quarter.
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Evan Greenberg says the industry should prevent self-inflicted harm from government attempts to re-write insurance contracts.
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If insurers want to lead us out of this crisis, and not be ruined by it, they need to stick to the straight and narrow.
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Among the biggest gainers was Fairfax Financial, which jumped by nearly 10 percent.
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The Chubb CEO calls on Congress to shield corporate America from Covid-19-related litigation as the US begins to re-open.
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Speaking on Fox Business, the Chubb CEO explained that testing and social distancing protocols were essential.
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The Great American Economic Revival industry groups include senior executives from sectors including energy, hospitality and banking.
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At least one insurer, Chubb, has paused quoting casualty cover for new healthcare clients.
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