Insurance industry continues to post positive results

Chubb and W.R. Berkley released “positive” Q3 earnings reports this week. But how positive were they?

For Chubb, net income was $2.8 billion, up 20.5% from Q3 last year; record core operating income was $3.00 billion, up by 28.7%. Underwriting income also hit $2.26 billion, up by a record 55%. Chubb’s pre-tax investment income came in at $1.65 billion, up 9.3% and adjusted net investment was $1.78 billion, up 8.3% from Q3 2024, both records for the company.

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