Chubb seeking to buy $500mn additional top layer for US Northeast

17 August 2023

Chubb is seeking to buy a new $500mn top layer for its property cat program, in a sign that major buyers are returning to the market for additional capacity deemed too difficult to source during the January 1 renewal, this publication can reveal.

Sources told this publication that the additional layer will provide Chubb with protection for the Northeast US only and attaches at a remote level.

The

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