- 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
Technology is designed to alert clients to take action and avoid severe property damage from water leaks and changes in temperature, humidity and vibration
New product Private Equity+(SM) extends coverages, blending Professional, Management and Employment Practices Liability coverage to insure private equity firms for a broad range of activities and services
- Core operating income was $1.1 billion compared with a loss of $(60) million prior year. Core operating income excluding catastrophe losses was $1.5 billion, or $3.21 per share, up 2.9% per share. On a current accident year basis, core operating income excluding catastrophe losses was $2.82 per share, up 5.2%.
Research and advisory firm recognizes the Chubb Marketplace for optimizing the agent experience in the placement and service of small business insurance