During his keynote, Greenberg said he believes the issue that is most pressing in the medium-term is the national deficit. Photo: Joseph Zwielich/RIMS
The economy, litigation costs, global geopolitical issues and climate change were just a few of the topics of conversation during Tuesday morning's keynote address from Evan Greenberg, chairman and CEO of Chubb Group, at RIMS RISKWORLD in San Diego. The discussion with Greenberg was hosted by Eric Anderson, president of Aon, who began by asking Greenberg about his outlook for the U.S. economy.
"It has a lot of resilience, a lot of strength to it," Greenberg shared. "We're not reliant on any one sector, any one area of the economy, and broadly it's doing well. Manufacturing services; slowing down a bit. I think Fed policy is beginning to take hold. But my own mental model is that this inflation is unlikely to return to the Fed target of 2%. We're going to live more permanently in a higher inflation world."
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Brittney Meredith-Miller
Brittney Meredith-Miller is assistant editor of PropertyCasualty360.com. She can be reached at [email protected].
