Chubb’s Q2 CoR rises 1.4 points to 85.4% on higher cat losses, lower reserve releases
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Chubb’s Q2 CoR rises 1.4 points to 85.4% on higher cat losses, lower reserve releases

Jairo Ibarra
July 25, 2023
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Chubb’s combined ratio increased 1.4 points to 85.4% in Q2 as the insurer was affected by higher catastrophe losses and lower favorable reserve development.

The firm posted a total of $400mn in P&C pre-tax cat losses compared with $291mn a year earlier, while reserve releases in the period were $200mn, down from $247mn.

The

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Jairo Ibarra
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