Chubb Limited: How Its Focus on Underwriting Excellence Is Paying Off!

Chubb Limited reported strong financial results for the fourth quarter and the entire year, demonstrating continued growth across their business segments despite facing external challenges such as natural disasters and competitive pressures in some insurance markets. Positive aspects of the results include record P&C underwriting income with a combined ratio of 85.7% for the quarter, alongside substantial growth in investment income. The firm’s global P&C premium revenue grew by 6.7% in the quarter, with life insurance premiums rising by 8.5% on a constant dollar basis. These achievements contributed to a record core operating income of $2.5 billion for the quarter, marking a 9.4% increase on a pretax basis.