Chubb’s Q1 CoR deteriorates two points to 86.3% due to higher cat losses
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Chubb’s Q1 CoR deteriorates two points to 86.3% due to higher cat losses

Kyoung-son Song
April 25, 2023
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Chubb’s Q1 combined ratio increased two points to 86.3%, as pre-tax catastrophe losses increased by more than 37% year-on-year to $458mn.

The higher cat losses added 5.1 points to the combined ratio, as the carrier booked favorable reserve development of 2.2

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News Chubb Earnings
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Kyoung-son Song
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