Chubb posts record Q3’25 P&C underwriting income of $2.3bn

Large insurer Chubb has reported record property and casualty (P&C) underwriting income of $2.26 billion, representing a 55% year-on-year increase, for the third quarter of 2025, with a combined ratio of 81.8%, compared with underwriting profit of $1.5 billion in Q3’24 with a combined ratio of 87.7%.The global insurer explained that P&C current accident year underwriting income, excluding catastrophe losses, was also a record $2.18 billion, a 10.3% increase over the prior year, with a combined ratio of 82.5 ...