Chubb Corporation said it would pay a regular quarterly dividend of 29 cents per share payable Oct. 9 to shareholders of record as of Sept. 21.
The Warren, N.J.-based insurer reported for the second quarter of this year that net income increased 19 percent, or $111 million, to $709 million based on net premiums written of more than $3 billion. Net premiums written decreased in the quarter by $23 million. Earnings were helped by increases in investments and underwriting income.
For the first half of this year net income rose $108 million, or 8 percent, to $1.3 billion. Net premiums written were down $81 million to $5.9 billion, the company said.
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