This decline was driven by a 0.4-point dip YoY in the loss ratio, and a 1.1-point decrease in the expense ratio year-over-year.
Chubb CoR drops 1.5 points to 84% in Q2, as cats and expenses steady

This decline was driven by a 0.4-point dip YoY in the loss ratio, and a 1.1-point decrease in the expense ratio year-over-year.