Current P&C pricing dynamic to persist amid loss-cost pressure: Chubb’s Greenberg
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Current P&C pricing dynamic to persist amid loss-cost pressure: Chubb’s Greenberg

Thorsten Schier
May 02, 2023
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The current pricing cycle for commercial P&C insurance that includes rising rates for most classes but also pressure on loss costs is likely to persist for the “foreseeable future”, according to Chubb’s top executive.

“The loss-cost environment is hardly benign, given inflationary pressures both economic and legal or social, and the impacts of climate change,” CEO Evan Greenberg said during RIMS Riskworld conference in Atlanta today.

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Thorsten Schier
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