Chubb financial results News

Chubb Reports ‘Outstanding’ Q3

Calmer weather, rate increases, high account retention and lower expenses powered The Chubb Corp. to a what the firm’s CEO said was an “outstanding” third quarter. The New Jersey-based insurer reported that net income in the third quarter of 2014 …

Chubb Reports Drop in 1Q Profit Due to Winter Weather, Fire Losses

The Chubb Corp. reported a drop in net income in the first quarter of 2014 to $449 million, compared to $656 million in the first quarter of 2013. The drop was due in large measure to claims from severe winter …

Chubb Reports 4Q Profit Surge a Year After Sandy

Chubb Corp., the insurer of corporate boards and high-end homes, said profit surged as margins improved a year after Superstorm Sandy. Fourth-quarter net income rose to $569 million, or $2.24 a share, from $102 million, or 38 cents, a year …