For the 12 months ended December 31, 2013, Chubb personal insurance internet
written charges accelerated 5% to $four.three billion. net written rates have
been up 4% with the exception of reinsurance reinstatement rates associated
with storm Sandy. CPI’s mixed ratio
was 87.0% in 2013 and 94.four% in 2012. The impact of catastrophes accounted
for 7.2 percentage factors of the combined ratio in 2013 and thirteen.7 factors
in 2012. excluding the effect of catastrophes, the mixed ratio became seventy
nine.8% in 2013 and 80.7% in 2012.
owners net written premiums expanded four% (improved three%
aside from storm Sandy reinsurance reinstatement
premiums), and the combined ratio changed into eighty two.three% (70.8% with
the exception of the effect of catastrophes). non-public car internet written
premiums were up 6%, and the combined ratio was ninety four.eight%. different
private strains internet written charges expanded 6%, and the combined ratio
became 94.8%.
Chubb business coverage internet written charges for 2013
multiplied 2% to $five.3 billion. net written premiums have been up 1%
excluding reinsurance reinstatement premiums related to typhoon Sandy.
The combined ratio became 86.5% in 2013 and ninety nine.zero% in 2012. The effect
of catastrophes accounted for 2.1 percent points of the mixed ratio in 2013 and
11.four factors in 2012. except the effect of catastrophes, the mixed ratio
turned into eighty four.4% in 2013 and 87.6% in 2012.
within the U.S.,
average CCI renewal prices had been up 7%, renewal premium retention became 84%
and the ratio of new to misplaced business was zero.eight to 1.
Chubb distinctiveness insurance internet written premiums
for 2013 increased 3% to $2.6 billion. The mixed ratio turned into 84.3% in 2013
and ninety one.three% in 2012.
professional legal responsibility’s internet written
premiums were up 2%. PL had a combined ratio of 89.three%. in the U.S.,
average 2013 renewal costs for PL have been up eight%, renewal top class
retention became eighty four% and the ratio of recent to lost enterprise
changed into zero.eight to 1.
Surety net written premiums accelerated 6%, and the combined
ratio turned into 47.2%.
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