Chubb Limited: Geographic Diversification As A Vital Tool For Growth! 

Chubb Limited delivered a robust third quarter of 2024, posting significant growth in its Property and Casualty (P&C) underwriting, investment income, and life insurance segments. Core operating income increased by 14.3% year-over-year to $2.3 billion, contributing to a 16.9% rise in net income. The global P&C premium revenue grew by 7.6%, translating to an 8.5% increase in constant currency, reflecting strong performance across its diversified international markets and business segments. This growth was compounded by a favorable pricing environment in the P&C business, where overall pricing exceeded loss costs, demonstrating strong pricing discipline in both property and casualty lines.