This decline was driven by a 0.4-point dip YoY in the loss ratio, and a 1.1-point decrease in the expense ratio year-over-year.
Chubb CoR drops 1.5 points to 84% in Q2, as cats and expenses steady
![Chubb logo New York v2.jpg](https://assets.euromoneydigital.com/dims4/default/89300fa/2147483647/strip/true/crop/700x410+0+0/resize/840x492!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2F13%2Ff8%2Fcf78305044f5b4ab1f95b9aeada4%2Fchubb-logo-new-york-v2.jpg)
This decline was driven by a 0.4-point dip YoY in the loss ratio, and a 1.1-point decrease in the expense ratio year-over-year.