Chubb
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A quick roundup of today’s need-to-know news, including Chubb’s Q2 earnings call. -
NA casualty pricing was up 11.7%, with rates increasing 9.9% and exposure up 1.6%.
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Overseas GI cat losses rose to $157mn from $26mn while NA commercial cats were $252mn vs $231mn.
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A roundup of today’s need-to-know news, including leadership changes at Chubb.
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Diego Sosa will head up northern Latin America while Mario Romanelli will lead southern LatAm, excluding Brazil.
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Two new promotions follow on the heels of appointments announced Tuesday.
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He was also appointed to vice president of Chubb Group.
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It is understood that the executive will report to Scott Meyer, now COO for NA Insurance.
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The executives being promoted are all long-term Chubb veterans.
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Marcos Gunn and Federico Spagnoli have been promoted as a result.
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Investor skepticism visible in stock prices and short interest data over first half of 2024.
