Chubb Announces Preliminary Fourth Quarter 2018 Net Catastrophe Loss Estimates Related to the California Wildfires of Approximately $225 Million Pre-Tax, or $195 Million After Tax
These estimates are net of reinsurance, include reinstatement premiums and comprise losses generated from the company's commercial and personal property and casualty insurance businesses as well as its reinsurance operations.
About Chubb
Chubb is the world's largest publicly traded property and casualty insurance company. With operations in 54 countries and territories, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. The company is also defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company
Cautionary Statement Regarding Forward-Looking Statements:
Forward-looking statements made in this press release related to losses reflect
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