Chubb Releases Annual Liability Limit Benchmark & Large Loss Profile Report
Benchmark report provides meaningful insights and serves as an additional tool to help companies evaluate insurance limits and exposures against industry peers
"Our report provides brokers and risk managers industry data and insights to stay ahead of the curve and to effectively manage risks while identifying and rectifying potential gaps in coverage," said
Risk managers can use the report to benchmark their own limits against their industry peers. For example, based on the data, the report recognizes a rapid uptick in nuclear and super-nuclear verdicts, potentially suggesting a need for businesses to increase their liability coverage.
Download Chubb's Liability Limit Benchmark & Large Loss Profile Report 2021 here.
About Chubb
Chubb is the world's largest publicly traded property and casualty insurance company. With operations in 54 countries and territories, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. The company is also defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company
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SOURCE Chubb
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