Shutterstock.com_1107947153/TicaC
23 April 2025Insurance

Chubb feels heat: California wildfires burn fat off Q1 P&C margins

California wildfire burnt the fat off the usually rich Chubb margins, pushing the group’s Q1 P&C combined ratio to 95.7%, the highest reading since 2020 when Chubb acknowledged its Covid pandemic losses.  

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Week Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk


More on this story

Insurance
24 June 2026   Commercial property, cyber and D&O face tighter margins in 2026.
Insurance
24 June 2026   Managing geopolitical disruption now a top priority for shipowners and cargo operators, says Allianz.
Insurance
24 June 2026   New leadership and structure strengthens broker and client engagement.