Why Chubb?
Well, here are a few good reasns.
Navigating the Future of Insurance with Evan Greenberg!
Here’s an insightful episode of CNBC's "Mad Money" featuring Evan Greenberg, the dynamic CEO of Chubb. Greenberg's take on the evolving landscape of insurance was nothing short of enlightening.
Here's a quick rundown of what stood out:
*Climate Change & Insurance Volatility* Greenberg highlighted how climate change is drastically impacting insurance costs. With more frequent natural disasters, the industry is facing unprecedented volatility.
*Inflation & Litigation* Beyond the environmental factors, general inflation and increased litigation are pushing insurance prices upward. Navigating these challenges requires innovative strategies and resilience.
*Strategic Moves & Endorsements* Did you know that Chubb's shares recently surged after Warren Buffett's Berkshire Hathaway revealed a significant stake in the company? This endorsement speaks volumes about Chubb's robust market position and future potential.
Greenberg's leadership and vision are truly shaping the future of the insurance industry. For those interested in the intersection of business strategy and environmental factors, this is a must-watch interview!
#Insurance#Leadership#ClimateChange#BusinessStrategy#EvanGreenberg#MadMoney#Chubb
Thank you to Romaine Bostick, CFA and Katie Greifeld for a good conversation earlier this week. Despite recent encouraging data, we expect this last stretch of the race towards 2% inflation to be the toughest. Service inflation ran at 2.9% from 1997 to 2019. Inflation remained low during that period because goods inflation averaged .04% (effectively zero). For many reasons, this negligible goods inflation will be very difficult to achieve in the next decade. These reasons include climate change, fragmenting supply chains, and rising labor cost in parts of the world that used to export deflation. As a result, and as the bond market is finally reflecting, interest rates are likely to remain higher for longer.
On August 7, 2023, Emily Bowersock Hill, Founder and CEO of Bowersock Capital Partners, joined Romaine Bostick and Katie Greifeld on Bloomberg Markets: The Close, where she discussed the shifting views on the prospects for a soft landing. Emily’s interview begins at the 11:58 mark.
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I had a great interview with Jon Erlichman and BNN Bloomberg recently. We chatted about why investors could see a broadening out of the market this year, as well as some key areas to consider. Many thanks, as always, to Jon for the great chat! Watch the full interview here: https://lnkd.in/gr6pm9Wu#marketoutlook
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Joe Sitt, Thor Equities Chairman and CEO, joined CNBC's 'Squawk on the Street' to discuss the returns for data centers, how the higher cost of capital is impacting Thor Equities, and much more. Enjoy the full clip below!
At Bloomberg News, we're big on connecting the dots.
A great example of that today from our Harshita Swaminathan in Mumbai on how bank earnings in Asia will cut through the spin and give us a real view of the economy. From Chinese banks (and those like UOB and Standard Chartered with China exposure) broadcasting the full effects of property market headwinds, to Indian banks on consumer spending, to the effects of higher yields on banks like Nomura in Japan.
(with Haidi Stroud-Watts & Rishaad Salamat.)
Thanks for sharing