CB · 8-K · 20260721PR310312

Competition and Pricing Pressure

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

Chubb reported overly soft underwriting conditions in certain global property markets, particularly large-account and E&S-related property. Management said soft conditions were spreading to certain casualty areas, while financial lines also remained soft. Chubb reduced exposure to weaker property markets, with major accounts and specialty premiums down 9.0%, but up 0.4% excluding large-account and E&S property.

Key facts

• Chubb stated that overly soft underwriting conditions persist in certain areas of property insurance globally, particularly large account and E&S related, and that soft market conditions are spreading to certain areas of casualty and financial lines remain soft. source