WASHINGTON (dpa-AFX) - Chubb Corp. (CB) said Tuesday that it estimates the impact in the second quarter of losses from catastrophes to be about $200 million to $240 million before tax, or about $0.48 to $0.57 per share after tax.
Catastrophe losses during the quarter were mainly related to severe hail and wind storms from 13 catastrophe events in the United States, the company noted
Chubb expects to release second quarter financial results as scheduled on July 26 after the close of the market.
Copyright RTT News/dpa-AFX
