Greenberg sees 'firming price environment' after Q3 Chubb loss
Evan Greenberg, chairman and CEO of global insurer Chubb, said his firm intends to demonstrate leadership regarding rates following years of soft pricing and a series of natural catastrophes in the third quarter.
Chubb made a pre-tax loss of $70m (£53m) in the third quarter of 2017 compared with a pre-tax profit of $1.36bn in Q3 2016.
Chubb suffered pre-tax catastrophes losses, net of reinsurance, of $1.89bn
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