Current P&C pricing dynamic to persist amid loss-cost pressure: Chubb’s Greenberg
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

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

Thorsten Schier
May 02, 2023
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
Chubb logo greenberg v2.jpg

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.

This

Subscribers, log in here:

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
      • Fuel a smarter strategy for business growth
Request a free trial Already a subscriber? Log in now

Topics

News Chubb
thorsten schier/thorsten schier II US.png
Thorsten Schier
Managing Editor
Contact
Gift this article