Fourth zone

Chubb private coverage (CPI) internet written rates increased 6% within the fourth area of 2013 to $1.1 billion. internet written charges have been up three% except reinsurance reinstatement premiums related to storm Sandy. CPI’s mixed ratio for the fourth area become 83.5% in 2013 and 117.nine% in 2012. The impact of catastrophes on CPI’s combined ratio in the fourth area was five.three percentage points in 2013 and 40.1 factors in 2012. excluding the effect of catastrophes, the blended ratio for the fourth area was 78.2% in 2013 and 77.eight% in 2012.

house owners internet written charges were up 6% (up 2% excluding typhoon Sandy reinsurance reinstatement charges), and the blended ratio changed into seventy five.8% (67.three% apart from the effect of catastrophes). non-public vehicle internet written premiums elevated 2%, and the blended ratio became ninety three.nine%. other non-public strains internet written premiums have been up 9%, and the mixed ratio was 96.8%.

Chubb industrial coverage (CCI) internet written charges for the fourth area of 2013 extended 4% to $1.three billion. net written premiums were up 2% with the exception of reinsurance reinstatement charges related to storm Sandy. The combined ratio for the sector turned into 89.0% in 2013 and 118.7% in 2012. The impact of catastrophes on CCI’s combined ratio in the fourth area accounted for 0.6 points in 2013 compared to an impact of 36.8 percent points in 2012. except for the effect of catastrophes, the combined ratio for the fourth zone changed into 88.four% in 2013 and 81.nine% in 2012.

inside the U.S., average fourth quarter CCI renewal fees were up 6%, renewal premium retention become 83% and the ratio of recent to lost business became 0.7 to at least one.

Chubb uniqueness insurance (CSI) internet written charges extended 2% inside the fourth quarter to $705 million. The blended ratio changed into eighty one.nine%, as compared to 88.five% in the fourth zone of 2012.

professional liability (PL) net written rates elevated 2%, and PL had a mixed ratio of 85.9%. in the U.S., average PL renewal rates have been up eight%, renewal top rate retention was 84% and the ratio of new to lost business changed into zero.eight to 1.Surety internet written premiums were up four%, and the combined ratio became 53.9%.