Chubb Posts Higher Profit, Raises Guidance

NU Online News Service, July 31, 3:53 p.m. EDT?Chubb Corp. late yesterday posted a 20 percent gain in net incomeciting higher premium rates and investment income.

Second quarter net income was $252.1 million compared with$210.2 million recorded for the period in 2002.

Continue Reading for Free

Register and gain access to:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.