Chubb’s Q1’25 net income down 37% amid $1.5bn LA wildfire loss

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Reinsurance News - Apr 23, 2025

Global insurer Chubb has announced its financial results for the first quarter of 2025, reporting a net income of $1.33 billion, impacted by total pre-tax net catastrophe losses of $1.64 billion, which includes $1.47 billion from the California wildfires. The company’s Q1 2025 net income repre...

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