1. News Articles
  2. Related News Articles
News Article Details

Chubb Expects $290 Million Q1 Cat Losses

Posted on 30 Mar 2010

Facebook LinkedIn Twitter Google

Insurer Chubb has estimated pre-tax losses worth nearly $290 million from first quarter catastrophes. The losses after tax amount to nearly $189m, which includes losses and loss expenses net of reinsurance recoverable and reinsurance reinstatement premiums.

Loss estimations from catastrophes in the US amounted to nearly $200 million, including $125 million from the March north-east US storm. Losses from catastrophes outside the US amounted to nearly $90 million pre-tax, including $70 million from the Chilean earthquake.


Post a Comment
If you are a Storefront / Tradingfloor user, click here to login.
Note: As a guest user, please fill out the form below to post a comment.
Post your comments here.
Name :
Email Address :
Captcha :
Comments :
Character left : 2000