Chubb’s Q2 CoR rises 1.4 points to 85.4% on higher cat losses, lower reserve releases
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • 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

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

chubb-logo-ny-nw.jpg

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

Request a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Gift this article