Chubb CoR falls 0.3 points despite $975mn Ian loss, book value slide for year hits 18%
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

Chubb CoR falls 0.3 points despite $975mn Ian loss, book value slide for year hits 18%

Farhin Lilywala
October 25, 2022
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
Chubb logo New York 2 2022.jpg

Chubb's combined ratio improved 0.3 points to 93.1% as the carrier booked $1.16bn in pre-tax cat losses, of which $975mn were attributable to Hurricane Ian.

The carrier’s underwriting results benefited from an improvement of 1.3 points on the expense ratio to 23.5%, offsetting a one-point increase in the loss ratio to 69.6%

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Request a free trial Already a subscriber? Log in now

Topics

News Chubb Earnings
farhin lilywala/farhin lilywala ii us.png
Farhin Lilywala
Section Editor, Distribution & Specialty
Contact
Gift this article