Chubb Corp. Swings To Profit

By Michael Ha

NU Online News Service, Oct. 28, 4:15 p.m. EST?Chubb Corp. late yesterday posted net income of $259.8 million for the third quarter, reversing a net loss of $242.1 million recorded one year ago when it took a $625 million pre-tax charge to strengthen asbestos and environmental reserves.

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