Chubb reviews Q3 2023 outcomes

Chubb reviews Q3 2023 outcomes | Insurance coverage Enterprise America

Quarterly numbers contribute to report 9 months

Chubb reports Q3 2023 results

Insurance coverage Information

Terry Gangcuangco

Chubb Restricted’s efficiency within the third quarter of 2023 has shaped a part of a report 9 months.

In response to the insurer, right here’s the way it fared within the interval ended September 30:


Q3 2023

Q3 2022

9M 2023

9M 2022

Web revenue

$2.04 billion

$792 million

$5.73 billion

$3.94 billion

Cigna integration bills and different, web of tax

$12 million

$17 million

$42 million

$33 million

Core working revenue, web of tax

$2.04 billion

$1.31 billion

$5.93 billion (a report)

$4.76 billion


The corporate’s web premiums written in Q3 grew 9.1%. Of this consolidated end result, property & casualty, world P&C (excludes agriculture), and life insurance coverage all posted development. Underwriting revenue for each P&C and world P&C elevated as properly, as did the phase revenue for all times insurance coverage.

“We had one other excellent quarter which contributed to a report 9 months,” Chubb chair and chief govt Evan G. Greenberg stated in a launch.

“Our efficiency within the quarter included double-digit world P&C premium income development, world-class P&C underwriting outcomes, report web funding revenue, and powerful life working revenue. Over $2 billion of core working revenue led to per-share earnings development of 58.1% for the quarter and 27.5% for the yr.”

The CEO added that his camp is assured in Chubb’s means to proceed rising income and working earnings.

What do you concentrate on this story? Share your ideas within the feedback under.

Associated Tales

Leave a Reply

Your email address will not be published. Required fields are marked *