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Insurance executives join chorus condemning the storming of the US Capitol



Insurance executives joined other executives considering the need for a peaceful transfer of power in the face of violence by Trump supporters in Washington on Wednesday and the Republicans' attempt to delay the certification of US presidential election results. [19659002] In a statement on Thursday, Chubb Ltd.'s Chairman and CEO Evan Greenberg said: “As citizens of our great nation, we all have a responsibility to speak out against and condemn the strongest violence and demonstration of demagoguery we have witnessed in our nation capital yesterday. This is not who we are as a nation, and our democracy must be protected.

The statement came a day after protesters who apparently questioned the validity of the November election forced their way into the US capital building. One person was shot dead and more than 50 were arrested during the violence.

The election was "fair and lawful," Greenberg said. "We should all hope for a new era of respect and decency as we face the many common challenges facing our nation."

Mr. Greenberg had previously been critical of the current political environment and condemned "rising nationalism and populism" in a letter to Chubb shareholders in 201

9.

Late on Wednesday, David Sampson, President and CEO of the American Property Casualty Insurance Association in Washington, issued a statement condemning the violence, which began after President Donald Trump addressed a demonstration by his supporters.

“On behalf of the American property accident insurance industry, I am appalled and saddened by the scenes of bullying in our nation's capital today. This has no place in America. Words matter, and when leaders call for violence, violence follows, he says.

Insurers support the peaceful transition of power, he said.

Earlier this week, 170 New York business leaders wrote to Congress urging them to accept. of the Electoral College results, which showed that President-elect Joe Biden won a clear majority. For several months, President Trump and his supporters have characterized the presidential election as fraudulent.

Various Republican senators and representatives had previously signaled that they would object to the formal approval of the Electoral College's results by Congress on Wednesday.

Business leaders said in the letter that attempts to delay the certification of the election, which finally took place early on Thursday after the Capitol had been cleared of protesters, were "contrary to the fundamental principles of our democracy." Among those who signed the letter were: Brian Duperreault, CEO of American International Group Inc .; Dan Glaser, President and CEO of Marsh & McLennan Cos. Inc .; Philip Ryan, President of Swiss Re Americas; and Alan Schnitzer, Chairman and CEO of Travelers Cos. Inc.

The statement continued: “Our elected leaders deserve the respect and bipartisan support of all Americans at a time when we are dealing with the worst health and economic crises in modern history. There should be no further delays in the orderly transfer of power.


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