The Chubb Corp. has established a $1 million fund for disaster relief efforts related to the recent earthquake and tsunami in Asia.
Chubb will make direct contributions to disaster relief organizations and will match contributions by its U.S. and international employees to such organizations on a two-for-one basis.
“We are saddened by the tremendous loss of life and destruction in Asia. Our thoughts and prayers are with all the victims of this tragedy and their families,” said John Finnegan, chairman and CEO of The Chubb Corporation. “We hope that contributions from Chubb, our employees and other members of the global business community will help ease the pain for those who unfortunately continue to suffer.”