Chubb Corporation

• Treasury Dept. Announces FACI Members Who Will Advise FIO

  By Arthur D. Postal, PropertyCasualty360.com  |  November 2, 2011

  Officials of Chubb and Liberty Mutual and consumer advocate Birny Birnbaum are among 15 people named today to the Treasury Department’s Federal Advisory Committee on Insurance.

• U.S. Storms To Cost Chubb Up To $310M; Alterra Up To $28M

  By Phil Gusman, PropertyCasualty360.com  |  June 21, 2011

  The Chubb Corporation says it expects losses of between $250 million and $310 million, pretax, for April and May U.S. storms.

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  Obama’s Budget Proposal Brings Foreign Tax Issue Back Into Focus

  By Arthur D. Postal, PropertyCasualty360.com  |  February 15, 2011

  The Obama administration’s budget proposal has reopened the debate over taxing certain reinsurance premiums ceded to foreign insurers by their U.S. affiliates.

• Industry Supports Trade Agreement With South Korea

  By Arthur D. Postal, PropertyCasualty360.com  |  December 7, 2010

  The insurance industry is lauding the new trade pact reached between the U.S. and South Korean governments.

• Industry Supports Trade Agreement With South Korea

  By Arthur D. Postal, PropertyCasualty360.com  |  December 6, 2010

  The insurance industry is lauding the new trade pact reached Friday between the U.S. and South Korean governments.

• Chubb Personal Insurance Names New COO

  By Staff Writer  |  November 3, 2010

  The Chubb Corporation announced that Kathleen M. Tierney will succeed Andrew A. McElwee Jr. as chief operating officer of Chubb Personal Insurance, effective immediately.

• Chubb Corp. 3Q Net Income Down Slightly On Cats, Investments

  By Chad Hemenway, PropertyCasualty360.com  |  October 22, 2010

  The Chubb Corporation reported a slight drop in third-quarter net income while recording higher pre-tax catastrophe losses and lower net realized investment gains.

• European Trade Group President, Chubb Exec Spar On Foreign Tax

  By Arthur D. Postal, PropertyCasualty360.com  |  July 26, 2010

  Disallowing the tax deduction for reinsurance between affiliated entities would have a "detrimental effect on U.S. consumer" and lead to higher insurance premiums, the head of a trade group representing European insurers said.

• Chubb 2Q Net Income Dips 6% On Cat Losses; First Half Net Up 10%

  By Staff Writer  |  July 23, 2010

  The Chubb Corporation reported 2010 second-quarter net income of $518 million, a 6 percent decline from 2009 second-quarter net income of $551 million.

• Foreign, Domestic Insurers Square Off In Offshore Tax Testimony

  By Arthur D. Postal, PropertyCasualty360.com  |  July 15, 2010

  Domestic and foreign insurers traded barbs--although the foreign insurers did so anonymously--at a congressional hearing over whether the U.S. should tighten rules dealing with the ceding of premiums to offshore parent companies by U.S. affiliates.