Chubb's profit rises slightly, net earned premiums rise 2 pct

Reuters

Oct 24 (Reuters) - Property and casualty insurer Chubb Corp reported a modest rise in quarterly profit, underpinnedby higher rates across all of its businesses.

Net profit rose to $541 million, or $2.10 per share, for thethird quarter ended Sept. 30, from $533 million, or $1.98 pershare, a year earlier.

Net earned premiums rose about 2 percent to $3.02 billion.

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