Chubb trapped in woke crossfire - UPDATED

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US P&C profitability peak is fading, Swiss Re warns

17 July 2026

Thomas Holzheu, chief economist Americas at the Swiss Re Institute, says pricing is softening across several lines
UK captive regime proposals "significant milestone" but won't create rush to redomicile

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The proposals will increase choice but most will take a wait-and-see approach
Dora reports expose Germany's third-party IT weak spots

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BaFin warns of concentrated technology dependencies
California turns a corner as insurers expand coverage in wildfire-distressed areas

17 July 2026

California's Department of Insurance says the improved outlook is due to comprehensive reforms
Germany targets gold-plating in push against red-tape

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Government plans fewer reporting duties and limits on national additions to EU rules