-
Organic growth was flat on the prior year and in line with Q4 2024 figures. -
The Insurance Insider US news team runs you through the earnings results for the day.
-
Of the $170mn cat losses outside LA wildfires, US cat activity accounted for 74% and international cats 26%.
-
The carrier forecasts stable profits, but tariffs are creating “high uncertainty”.
-
Reserve releases at Chubb rose to $255mn from $207mn a year ago.
-
The legacy carrier reported an operating loss of $45.3mn for the year.
-
The insurer's professional liability reinsurance book shrank by around 25%.
-
Guy Carpenter president Dean Klisura added that Q1 was a record cat bond issuance quarter.
-
The growth figure represents a 5-point deceleration on the 9% reported in Q4 2024.
-
A one-time impact would be a mid-single digit increase to physical injury auto severity.
-
The business insurance segment booked a CoR of 96.2%, up 2.9 points YoY.
-
Despite wildfires, reinsurers are “well positioned to maintain strong profitability in 2025”.
