Chubb Q4 P&C UW gain up 35% to record $1.52bn as cat losses fall 25%
Chubb’s fourth quarter P&C underwriting income grew by 35 percent year on year to a record $1.52bn, driven by 120 basis points in current accident year loss ratio improvement, nearly 13 percent growth in net earned premiums to $11.9bn and a 25 percent drop in cat losses.
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