Our 16th annual Liability Limit Benchmark & Large Loss Profile by Industry Sector report provides concrete data on liability limits purchased, overlaying ISO loss trends, and large losses, to support well-informed insurance-purchasing decisions. The 2024 report features:
- A sampling of large losses seen in the industry
- Median liability limits purchased over a 10-year period based on Chubb’s 2023 year-end portfolio data
- ISO loss cost trends compared to median liability limits
- A deep dive into punitive damages
- Insights from Chubb Industry Experts
To download the full report, please complete this brief form.
If you have questions about our 2024 Benchmark report, please email benchmarkinquiries@chubb.com.
The information contained in this document is intended for general marketing purposes and information only. For terms and conditions of coverage, please refer to the specific policy wording. Chubb Bermuda is regulated by the Bermuda Monetary Authority. It is not licensed in the U.S. as an admitted insured nor is it an eligible excess and surplus lines insurer. This information is intended to be illustrative of the average limits of liability being purchased by companies within particular industry sectors, and of notable large loss industry events which have given rise to liability claims. The Estimated Loss Amounts may or may not include defense costs. The Estimated Loss amounts shown for earlier years have not been trended or developed. No inference should be drawn from the loss information that such an event or resultant liability claims would (or would not) be covered by a Chubb Policy. © 4/2024