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Chubb Ltd.'s profit fell from a year prior while net premiums written rose.
Source: MarketWatch | Published on October 30, 2019
Chubb's net income in the third quarter was $1.09 billion, down 11% from the comparable quarter a year ago. Earnings were $2.38 a share, down from $2.64 a share.
Chubb's core operating earnings were $2.70 a share, up from $2.41 a share.
Net premiums written were $8.62 billion, up 6.3%. Analysts were expecting $7.87 billion.
The company reported $155 million in net realized losses.
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