QUARTER
Net income per share was $8.10, up 28.0%, and core operating income per share was $7.52, up 24.9%. Both were records.
P&C net premiums written were $11.31 billion, up 7.7%. North America was up 6.6%, including growth of 6.7% in commercial insurance and 6.1% in personal insurance. Overseas General was up 10.8%, including growth of 18.7% in consumer insurance and 5.6% in commercial insurance; Latin America, Asia, and Europe were up 14.7%, 13.0%, and 7.2%, respectively.
P&C underwriting income was $2.20 billion, up 39.6%, with a record low combined ratio of 81.2%. P&C current accident year underwriting income excluding catastrophe losses was a record $2.29 billion, up 16.5%, with a record low combined ratio of 80.4%.
Total pre-tax catastrophe losses were $365 million compared with $607 million last year. Total pre-tax favorable prior period development was $268 million compared with $213 million last year.
Life Insurance net premiums written were $1.83 billion, up 16.9%, and segment income was $322 million, up 19.3%.
Pre-tax net investment income was $1.69 billion, up 8.0%, and adjusted net investment income was $1.81 billion, up 7.3%. Both were records.
Annualized return on equity (ROE) was 17.6%. Annualized core operating return on tangible equity (ROTE) was 23.5% and annualized core operating ROE was 15.9%.
Du måste logga in eller registrera dig för att svara på tråden.
