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Chubb Announces Estimated Net Losses for Hurricane Milton of $250-300 Million Pre-Tax and $208-250 Million After-Tax

Δευτέρα, 04 Νοεμβρίου 2024 14:15

Chubb Limited (NYSE: CB) announced 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.

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