Chubb CEO Greenberg Discusses Insurance Affordability and Data Center Growth

Chubb CEO Evan Greenberg expressed concerns about the potential implementation of excess profit laws in some states, saying it could exacerbate the affordability issue in the US. He emphasized that insurance companies intermediate money and don't print it, and that factors such as litigation and catastrophe losses contribute to rising insurance costs. Greenberg also discussed Chubb's participation in the data center boom, stating that the company is "all over it" and offers a range of insurance capabilities, including primary property, engineering, and multiple risks.