Chubb beats on earnings as P&C underwriting income climbs 11.7% to $1.46bn
Chubb reported third quarter earnings that included a P&C combined ratio that improved 70 basis points (bps) to 87.7 percent despite higher cat losses that included a $250mn loss pick for Hurricane Helene, as CEO Evan Greenberg revealed property and casualty pricing remained ahead of loss-cost inflation.
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