Subject: CB CEO interview (CNBC)
Chubb CEO Evan Greenberg talks the state of the insurance market with Jim Cramer
Chubb Chairman and CEO Evan Greenberg sits down with 'Mad Money' host Jim Cramer to talk the insurance bull market, Berkshire Hathaway's recent investment in the company, the impact of climate change and more.
Read in CNBC:
https://stocks.apple.com/AaZmM...
Enjoyed watching this. Also a new Barron’s piece on CB. Topics include:
Respect of Berkshire’s large stake in CB & friendship with Buffett
Reasons for CB’s recent success
Business is 60% USA 40% China
Importance of USA/China Relations
Essential Underwriting Discipline
Increase of premiums given climate change and social inflation lawsuits/attorney fees
$140B investment portfolio, delivering half of its income
Concern with US Debt
Barron’s piece on CB has similar topics and Q&A with Greenberg:
https://www.barrons.com/articl...