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

© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.


Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

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

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%

Request a free trial:

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
Gift this article