Earnings / Insurance
Chubb's Q3 core operating income falls 2.2% from a year earlier as catastrophe losses more than double
Net income rose 1.5% from a year earlier to $2.84 billion, and buybacks lifted core operating EPS 0.8% to a record $7.66, but catastrophe losses were the main driver of an 8.8% year-over-year fall in P&C underwriting income.