Chubb’s Q4 P&C combined ratio dropped 2.5 points to 85.5% as the insurer recorded lower cat losses and higher favorable development, driven mostly by its North American commercial book, offset by a deterioration in the overseas results.
Net
Chubb Q4 CoR decreases 2.5 points to 85.5% as improved NA results offset overseas segment
The insurer recorded lower cat losses and higher favorable development.