Chubb’s Q3 CoR decreases 4.7 points to 88.4%, driven by lower cat losses
  • 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

Cookies Settings

Chubb’s Q3 CoR decreases 4.7 points to 88.4%, driven by lower cat losses

Jairo Ibarra
October 24, 2023
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
Chubb logo New York City 2023.jpg

Chubb’s combined ratio decreased 4.7 points to 88.4% in Q3 as pre-tax net cat losses declined to $670mn from $1.16bn a year earlier.

The insurer's loss ratio dropped 5.6 points to 64% in Q3, despite slightly lower favorable reserve development in the period, but it was partially offset by a 0.9-point

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
Request a free trial Already a subscriber? Login now

Topics

NewsResultsChubbEarnings
jairo ibarra/jairo ibarra ii us.png
Jairo Ibarra
Senior Reporter
Contact
Gift this article