Profits recover at Chubb in Q3 as reinsurance business shrinks

24-10-2018

Profits recover at Chubb in Q3 as reinsurance business shrinks

Evan Greenberg, CEO, Chubb

Chubb’s net profits soared in the third quarter reaching $1.2 billion in the period compared with a net loss of $70 million in the same period a year earlier, when it was hit by multiple natural catastrophes. Its combined ratio for the period was 90.9 percent compared with 110.8 percent in the same period a year earlier.


Chubb, Evan Greenberg, Third quarter 2018, Results, Insurance, Reinsurance, Profits, Property, Casualty, North America, Global

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