Yes and some real diversity as well! That is something I am very glad to see.
Too bad I don’t see any woman in the leadership rank announcement – it would have been a great opportunity to showcase how great and innovative this new combined company could be. How can there not be 1 woman amongst these 2 global companies worthy of contributing on this new management team?
LOOKS TO ME LIKE OLD CIGNA AND AIG LIGHT.CHUBB EMPLOYEES WATCH OUT.THESE ACE GUYS HAVE NO IDEA ON HOW TO RUN A COMPANY WITH THE QUALITY OF CHUBB.THESE GUYS JUST WANT TO MAKE AS MUCH MONEY AS THEY CAN AT THE EXPENSE OF EVERYONE ELSE.WATCH WHAT YOU SAY AND WHO YOU BEFRIEND.
If you are looking at it from the perspective of a buyer who doesn’t care whether carriers remain insolvent, your rant would be accurate. If you are looking at it from the perspective of underwriters and actuaries, rates need to improve a lot more. You would do well to remember there are more sides to the industry that simply your own narrow view.
If you are looking at it from the perspective of a buyer who doesn’t care whether carriers remain insolvent, your rant would be accurate. If you are looking at it from the perspective of underwriters and actuaries, rates need to improve a lot more. You would do well to remember there are more sides to the industry that simply your own narrow view.
To write what the standards don’t want. Most of them are unregulated and do it for their own price.
August 30, 2015 at 9:25 pm
okt0ber says:
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The phrase “rates need to improve” in of itself has multiple meanings depending on who you ask. Improving rates means lower, more competitive rates to me, and that won’t be what we’re getting with a combined company.
Chubb mgt team is reigning supreme!
Yes and some real diversity as well! That is something I am very glad to see.
Too bad I don’t see any woman in the leadership rank announcement – it would have been a great opportunity to showcase how great and innovative this new combined company could be. How can there not be 1 woman amongst these 2 global companies worthy of contributing on this new management team?
Gender should never be a consideration. It should be based 100% on merit and qualification for the job at hand.
I wonder which of these cut throat artists will be in charge of layoffs in their quest for efficiency.
LOOKS TO ME LIKE OLD CIGNA AND AIG LIGHT.CHUBB EMPLOYEES WATCH OUT.THESE ACE GUYS HAVE NO IDEA ON HOW TO RUN A COMPANY WITH THE QUALITY OF CHUBB.THESE GUYS JUST WANT TO MAKE AS MUCH MONEY AS THEY CAN AT THE EXPENSE OF EVERYONE ELSE.WATCH WHAT YOU SAY AND WHO YOU BEFRIEND.
ACE has been eating Chubb’s lunch in product and price, at least down here in Texas. Chubb has not been very competitive for years.
Percy Chubb is turning blue, pink, yellow, red and magenta!
What a bad deal!
We need more industry consolidation.
The industry needs more consolidation like this to improve rates.
If you believe the rates will improve, I have ……
If you are looking at it from the perspective of a buyer who doesn’t care whether carriers remain insolvent, your rant would be accurate. If you are looking at it from the perspective of underwriters and actuaries, rates need to improve a lot more. You would do well to remember there are more sides to the industry that simply your own narrow view.
More competition is what improves rates, not consolidation into giant companies.
If you are looking at it from the perspective of a buyer who doesn’t care whether carriers remain insolvent, your rant would be accurate. If you are looking at it from the perspective of underwriters and actuaries, rates need to improve a lot more. You would do well to remember there are more sides to the industry that simply your own narrow view.
Like why do they have Admiral and Verus?
To write what the standards don’t want. Most of them are unregulated and do it for their own price.
The phrase “rates need to improve” in of itself has multiple meanings depending on who you ask. Improving rates means lower, more competitive rates to me, and that won’t be what we’re getting with a combined company.