CB · 8-K · 20260721PR310312

Market Demand Trends

Chubb Ltd · 2026-07-21 · Importance 22 · Surprise 32

Chubb reported persistently soft underwriting conditions in certain global property-insurance markets, particularly large-account and excess-and-surplus property. Management said soft conditions were spreading to certain casualty areas, while financial lines also remained soft. The company reduced major-accounts and specialty premiums by 9.0% and North America Commercial premiums by 2.3%, but commercial premiums increased 4.1% excluding major and specialty property, reflecting underwriting selectivity rather than broad market expansion.