Chubb Q2 Net Down 3.8%; Large E&S Property ‘Overly Soft’: CEO

Second-quarter 2026 net income at insurer Chubb was down 3.8% compared to the same period in 2025 to about $2.85 billion, with property/casualty underwriting income up 18.8% to about $1.9 billion. Pretax net catastrophe losses were $475 million compared to Q21 2025 losses of $630 million. The P/C business ended Q2 2026 with a combined … Continued