Chubb grows UW income 23% to $4.56bn in ’22

Fourth quarter underwriting income at Chubb fell 11.4 percent to $1.1bn as its combined ratio worsened 2.5 points to 88 percent on pre-tax cat losses that climbed 45 percent to $400mn, but the company grew overall 2022 underwriting income by 23 percent to $4.56bn.

 

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