Chubb’s net Q1 cat losses nearly triple
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Chubb’s net Q1 cat losses nearly triple

James Thaler, 
Fiona Robertson
28 April 2021
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Chubb took $700mn of pre-tax cat losses, net of reinsurance, nearly triple the $237mn figure incurred a year earlier.

However, Covid-19 losses remained stable, as the firm posted continued underlying margin expansion and grew P&C gross premiums written by 9.1%.

Its

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