Chubb
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The Marsh-placed account renews its all-risks cover on 16 November. -
This publication exclusively reported the executive’s plans last month.
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Some disagreement remains in where rate declines have been swiftest and how much further they could go.
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Normalized growth and peak multiples confirm we are headed towards a Darwinian race.
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Total pre-tax favorable prior period development in the quarter was $361mn, up nearly 48% YoY.
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Pre-tax cat losses were down 63% from the prior year quarter to $285mn.
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Activists from the left and the right are focusing on insurance, often on the same issues.
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The federal panel hasn’t finalized a timeline for formulating the new rules.
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Brian Church has spent 20 years at Chubb.
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Lupica moved to the role last year as part of a staggered handover of responsibilities to Juan Luis Ortega.
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The executive said record operating income and returns don’t indicate Chubb is “beleaguered”.
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He will drive the growth of Chubb's claims-made excess casualty facility.
