Chubb will ‘shed revenue’ in casualty if it can’t make a profit: CEO
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Chubb will ‘shed revenue’ in casualty if it can’t make a profit: CEO

Choosing to shrink a money-losing business when necessary is “a strength”.

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Citing a “money-making litigation industry” in casualty, and loss-cost inflation in the current legal environment, Chubb chairman and CEO Evan Greenberg said the company will shed revenue when it can’t make a profit. 

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