Chubb Announces Estimated Net Losses for Hurricane Milton of $250-300 Million Pre-Tax and $208-250 Million After-Tax
Chubb(CB) Prnewswire·2024-11-01 20:55ZURICH, Nov. 1, 2024 /PRNewswire/ -- Chubb Limited (NYSE: CB) today announces losses in the fourth quarter of 2024 attributable to Hurricane Milton are estimated to be $250-300 million pre-tax and $208-250 million after-tax, net of reinsurance and including reinstatement premiums.These estimates include losses generated from the company's commercial and personal property and casualty insurance businesses as well as its reinsurance operations.About Chubb Chubb is a world leader in insurance. With operations ...