30-10-2017 15:24 via insuranceinsider.com

Greenberg criticises 'protectionist' US insurers

Chubb CEO Evan Greenberg has criticised "protectionist"
lobbying by US insurers, saying they are acting to the detriment of
consumers.
On an analysts' call to discuss the Zurich-domiciled
company's third quarter results, Greenberg lambasted what he
referred to as "a lot of noise recently from protectionist US
insurers".
"They want to stop competition from foreign insurers who
help keep rates down," he said.
"US insurers claim they are suffering compared to foreign
insurers because of tax laws. W
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