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Chubb Reports 10.6% Increase in WC Premiums

Monday, April 27, 2015 | 0

International commercial insurance carrier Chubb reported $343 million in net written workers' compensation premiums for the first quarter of 2015, a 10.6% increase compared to the $310 million reported for the first three months of 2014. The combined loss and expense ratio of 84.1% on workers' compensation policies for 2015 is essentially unchanged from the 84% for 2014 policies, according to a financial supplement accompanying the carrier's first quarter earnings report, released Thursday. Chubb reported an overall 2% increase in net written commercial premiums, and an overall ...

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