Chubb’s Q3 net income down as Ian and investments take toll

Cat losses of $1.16bn including $975m from hurricane Ian

Chubb has reported a big fall in net income for the third quarter of 2022 to $812m from $1.83bn a year earlier, as it took a hit from hurricane Ian. However, core operating income was up 15.1% to $1.33bn.

P&C underwrit...


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