Chubb's Evan Greenberg says insurer just had the best year in its history
1. Chubb reported record earnings in 2024 despite wildfire losses. 2. CEO Greenberg cautioned about California's unsustainable insurance pricing. 3. Chubb expects $1.5 billion in wildfire-related costs for Q1 2024. 4. P&C underwriting income rose 7% with strong premium growth. 5. Market competition favors Chubb due to its data and resources.