The current insurance pricing environment will likely continue as insurers contend with rising loss costs due to inflation, higher court awards and climate-driven claims, Chubb Ltd. Chairman and CEO Evan Greenberg said Tuesday.
While inflation may slow for some property exposures, casualty rates will need to continue rising as litigation increases, he said during his keynote presentation at Riskworld, the Risk & Insurance Management Society Inc.’s annual conference in Atlanta. (Click to Read Full Article…)
