Chubb Ltd. and Allstate Corp., two of the best-known names in property-and-casualty insurance, posted strong gains in fourth-quarter net income, as their core insurance operations benefited from fewer catastrophe claims and growth in premium volume. For U.S. property-casualty insurers, the most-recent quarter included Texas tornadoes and California wildfires, but the damage was light compared with… Continue reading Allstate, Chubb Profits Rise on Disaster Claim Decline, Premium Growth
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