Chubb
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The CEO said companies are still taking charges on years 2013 to 2019.
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In April, this publication revealed that the carrier is the lead market on the property placement for the bridge.
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There is a high likelihood the property claim will be subrogated.
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The CEO said Q1 was “one of the best quarters” for casualty pricing.
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The Insurance Insider US news team runs you through the earnings results for the day.
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The executive has been with the firm for 30 years.
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The value of the bridge is estimated at $1.2bn.
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This publication revealed Chubb was planning to re-enter the London TL market.
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Choosing to shrink a money-losing business when necessary is “a strength”.
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On average, revenue was up 12.4% for the year, but expansion plans are slowing.
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Commercial carrier earnings continue to show mixed prior-year development.
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Chubb elevates Gillston to EVP, head of NA industry practices
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