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The Wrap
Chubb's cat costs more than doubled; investment income hit $1.79bn
Pre-tax investment income rose 8.6% to a record $1.79 billion; Travelers' domestic business renewal increases, excluding National Accounts, slowed to 0.9% from 4.3%.
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The Wrap · Oct 22Chubb CEO says 'naive capacity' entering casualty lines
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Cat bonds & reinsurance · Oct 22Chubb CEO Evan Greenberg flags 'naive capacity' in casualty sidecars on Q3 call
Insurer portfolios · Oct 20Chubb's record $1.79bn investment income blunts catastrophe losses that more than doubled