Chubb Limited reported a net loss for the quarter ended June 30, 2020 of $331 million, or $ 0.73 per share, compared with net income of $1,150 million, or $2.50 per share, for the same quarter last year. Evan G. Greenberg, Chairman and Chief Executive Officer of Chubb Limited, commented: “It was a difficult quarter… Continue reading Chubb Reports 2Q Losses Due in Part to COVID-19
Tag: Chubb losses
Chubb Reports Q1 Profit Decrease
Chubb Ltd. posted first-quarter net income of $252 million compared with $1.04 billion a year ago, as the carrier saw a reduction of more than $900 million in adjusted net realized losses, according to its earnings release Tuesday. Speaking on Chubb’s Wednesday morning earnings call, chairman and CEO Evan Greenberg said the first quarter “would… Continue reading Chubb Reports Q1 Profit Decrease