Chubb financial results 2017 News

Chubb Records Solid Q4 and Year Despite Catastrophe Losses

Chubb had a solid last quarter of 2017 and year even though challenged by wildfire and other catastrophe costs. Fourth quarter results were enhanced by a one-time gain from the Trump tax cuts. The insurer booked $1.5 billion in net …

Chubb Reports Q3 Loss Due to Catastrophes; CEO Greenberg Sees Prices Firming

Chubb, like other property/casualty insurers and reinsurers, faced significant catastrophe losses from hurricanes and earthquakes that struck in August and September. The insurer reported a net loss of $70 million for the quarter. The results are a fall from a …

Chubb Net Income Up 79% in Q2; P/C Combined Ratio at 88

Chubb Limited reported net income for the second quarter ended June 30 of $1,305 million compared with $726 million for the same quarter last yearβ€š a 79 percent increase. Operating income was $1,180 million compared with $1,058 million for the …

Despite ‘Difficult’ Environment, Chubb Q1 Profit Tops $1 Billion

Chubb Limited reported net income for the quarter of $1.09 billion, compared with $439 million for the same quarter last year. Operating income was $1.17 billion, compared with $1.01 billion, for the same quarter last year. The insurer’s property/casualty (P&C) …