Bob Jian Huang's questions to Chubb Ltd (CB) leadership • Q2 2025
Question
Bob Jian Huang from Morgan Stanley asked about the drivers of strong growth in Latin America and the potential impact on Chubb's high-net-worth business if the FEMA flood insurance program were phased out.
Answer
Chairman & CEO Evan Greenberg attributed Latin America's strong performance to broad-based growth across Mexico, Chile, Brazil, and Argentina, particularly in auto, small commercial, A&H, and digital partnerships, expecting double-digit growth to continue. Regarding FEMA, he stated its limits are modest for high-net-worth clients and the private flood market is growing, so a phase-out would not significantly move the needle for Chubb's business, though it would be detrimental for the country.