- Net income was $1.0 billion. Core operating income was $1.2 billion, up 6.7%. On a constant-dollar basis, core operating income was up 9.0%, or 10.9% on a per share basis.
- Fourth quarter net income was $355 million. Core operating income was $935 million compared with $1.5 billion prior year, which included a tax benefit of $450 million.
Chubb internal data suggests manufacturers are under-purchasing key insurance products, namely Errors and Omissions and Cyber, while new research suggests a more holistic solution is needed