Chubb GWP grows but profits drop in 2017
Overseas general insurance division posts rise in net written premiums but COR worsens.
Chubb has reported a 4% increase in gross written premiums to $36.4bn (£25.7bn) for 2017.
The US insurer also revealed a drop in profit to $3.9bn (2016: $4.1bn).
Net premiums for property and casualty (P&C) business were up at $27.1bn from $26bn the year before.
However the P&C combined operating ratio (COR) worsened to 94.7% (2016: 88.7%).
The provider did not supply a breakdown of figures for the UK.
For the 12 months overseas general insurance net written premiums grew from $8.1bn in
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