CB · 8-K · 20261020PR426866

Competition and Pricing Pressure

Chubb Ltd · 2026-10-20 · Importance 25 · Surprise 32

Chubb reported that commercial property and casualty markets remained increasingly competitive across the United States and London during the third quarter. Management said most underwriting businesses still grew, while some lines were held flat or intentionally reduced because pricing or policy terms were inadequate. The company’s North America Commercial segment declined 2.7% year over year, while Overseas General grew 6.7%, indicating a selective response to market conditions rather than broad-based expansion.

Key facts

• Chubb stated that the market continues to grow more competitive in commercial P&C across the board, particularly in the U.S. and London. source