@The Hartford.
The latest Q3 investment results for North American insurers showed interest rate falls have not hit their returns as of yet but that expected hits from the recent powerful hurricanes that affected the southeast US would likely cause Q4 issues.
The insurance giant Chubb said its pre-tax net investment income was $1.51 billion, up 14.7%, and adjusted net investment income was $1.64 billion, up 15.9% for Q3 2024.
“Both were records,” it said, which it also said for its Q2 results.
