Chubb Q1 earnings: Solving the margins puzzle
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Chubb Q1 earnings: Solving the margins puzzle

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It's expanding; no, it's contracting. It's expanding… no, it’s contracting. This pretty much summarizes how the thought process on commercial insurance margins has seesawed over the past two weeks or so.

A similar thought process played out on the Chubb conference call.

CEO Evan Greenberg highlighted the continued expectation of rate in excess of loss cost trends, growth opportunities, and set out his thoughts on industry consolidation and the broad economic...

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