Cats and combined ratios
Chubb’s Evan Greenberg believes the reported calendar year combined ratio should take precedence in the minds of management and investors assessing underwriting performance, rather than focusing on the underlying ratio. With the constant stream of higher cat losses in the past five years, the outspoken executive has a point.
If you are a subscriber, please sign back in to read this article
If you are not currently a subscriber please see contact details below