Chubb’s Q2 combined ratio increased 1.4 points to 86.8% as the insurer’s catastrophe losses climbed to $580mn from $400mn in Q2 last year.
The
Chubb Q2 CoR ticks up to 86.8% on higher cat losses overseas
Overseas GI cat losses rose to $157mn from $26mn while NA commercial cats were $252mn vs $231mn.