Chubb Announces Estimated Net Losses For Hurricane Milton Of $250M-300M Pre-Tax And $208M-250M After-Tax
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Chubb Limited (NYSE:CB) today announces losses in the fourth quarter of 2024 attributable to Hurricane Milton are estimated to be $250-300 million pre-tax and $208-250 million after-tax, net of reinsurance and including reinstatement premiums.
These estimates include losses generated from the company's commercial and personal property and casualty insurance businesses as well as its reinsurance operations.