Chubb

Inside P&C’s morning summary of the key stories to get you up to speed fast.

The commercial lines giant is continuing to execute on its long-term vision of pursuing a global balanced book of business.

Chubb CEO Evan Greenberg said he expects casualty business to grow faster on the admitted market side than in excess and surplus (E&S) channels going forward.

The executive pointed out that the company is looking at sufficient compensation and geographic concentration as two factors in its participation in the property cat market.

Inside P&C’s morning summary of the key stories to get you up to speed fast.

The underwriting results benefited from an improvement of 1.3 points on the expense ratio to 23.5%, offsetting a one-point gain in the loss ratio to 69.6% on the year.

Hurricane Ian’s total effect is still unknown, but lessons from Hurricane Irma give insight into potential outcomes.

A California court has denied a bid for $125mn in coverage following the forced suspension of filming.

In his new role, Martin Audis will be based in London and will report to Nigel Griffiths, regional head of general aviation.

Chubb pushed its loss trend assumptions higher as it seeks to stay ahead of inflationary pressures.

Sources said Obregon will retire at year end after over 26 years working for Chubb Colombia.

Inside P&C’s morning summary of the key stories to get you up to speed fast.