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Chubb Ltd (CB.N)

CB.N on New York Stock Exchange

148.72USD
15 Dec 2017
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Latest Key Developments (Source: Significant Developments)

Chubb Announces Preliminary Q4 Catastrophe Loss Estimates, Including California Wildfires, Of About $320 Mln Pre-Tax, Or $249 Mln After Tax
Thursday, 30 Nov 2017 

Nov 29 (Reuters) - Chubb Ltd ::CHUBB ANNOUNCES PRELIMINARY FOURTH QUARTER CATASTROPHE LOSS ESTIMATES, INCLUDING CALIFORNIA WILDFIRES, OF APPROXIMATELY $320 MILLION PRE-TAX, OR $249 MILLION AFTER TAX.CHUBB LTD - INSURED LOSSES FOR CALIFORNIA WILDFIRES ARE CURRENTLY ESTIMATED AT APPROXIMATELY $280 MILLION PRE-TAX, OR $215 MILLION AFTER TAX FOR Q4.CHUBB LTD - ‍ALL OTHER NATURAL CATASTROPHE NET INSURED LOSSES TO DATE IN Q4 ARE ESTIMATED AT APPROXIMATELY $40 MILLION PRE-TAX, OR $34 MILLION AFTER TAX​.  Full Article

Chubb Ltd ‍Entered Into Strategic Cooperation Agreement With PICC Property & Casualty Co
Monday, 27 Nov 2017 

Nov 27 (Reuters) - Chubb Ltd ::CHUBB LTD- ‍ENTERED INTO A STRATEGIC COOPERATION AGREEMENT WITH PICC PROPERTY & CASUALTY COMPANY OF CHINA​.CHUBB LTD- ‍STRATEGIC COOPERATION AGREEMENT HAS A TERM OF 10 YEARS​.  Full Article

Chubb says it creates small commercial division for SMEs in Asia Pacific
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - Chubb Ltd -:CHUBB CREATES SMALL COMMERCIAL DIVISION FOR SMES IN ASIA PACIFIC.  Full Article

Chubb, on Oct 25, Chubb Ltd, Chubb Bermuda Insurance, among others, entered into amended, restated credit agreement
Tuesday, 31 Oct 2017 

Oct 30 (Reuters) - Chubb Ltd ::Chubb ltd - ‍ on October 25, Chubb limited, Chubb Bermuda insurance, among others, entered into an amended and restated credit agreement - sec filing​.Chubb-Credit agreement is unsecured, provides for upto $1 billion availability, all of which may be used for issuance of letters of credit, revolving loans​.Chubb ltd - ‍subject to obtaining additional commitments, Chubb may increase availability under credit agreement by up to an additional $1.0 billion.Chubb ltd - ‍credit agreement amended and restated Chubb's prior $1.0 billion syndicated credit agreement, dated as of November 6, 2012​.Chubb ltd - ‍terms and conditions of credit agreement are substantially similar to provisions in prior credit agreement​.Chubb ltd - ‍credit agreement is scheduled to expire on October 25, 2022.  Full Article

Chubb reports Q3 operating loss $0.13/shr
Friday, 27 Oct 2017 

Oct 26 (Reuters) - Chubb Ltd :Chubb reports third quarter per share net loss and operating loss of $(0.15) and $(0.13), respectively, including catastrophe losses of $3.27 per share, in line with midpoint of preannounced estimates.Q3 operating loss per share $0.13.Q3 loss per share $0.15.Q3 earnings per share view $-0.24 -- Thomson Reuters I/B/E/S.Chubb Ltd qtrly ‍net premiums written $7,902 million versus $7,573 million ​.Chubb Ltd - ‍pre-tax catastrophe losses, net of reinsurance and including reinstatement premiums, were $1,893 million in quarter​.  Full Article

ITT Educational says receives letter from Chubb to post collateral of $19.8 mln
Thursday, 1 Sep 2016 

ITT Educational Services Inc : On August 26, Received Letter From Chubb, Whereby Ace American Insurance Makes Demand To Post Collateral In Amount Of $19.8 Million . Insurance Companies Named In Agreement Of Indemnity Entered Into By Co Make Demand On Co To Post Collateral Of $19.8 Million . Chubb Also Provided Notice That It Plans To Issue Notices Of Cancellation On All Of Surety Bonds, Starting With Largest First . Demand Of Collateral In Form Of An Acceptable Irrevocable Letter Of Credit . ITT Educational Services Inc Says "Currently Reviewing This Demand And Its Potential Impact On Business" . "Continuing To Evaluate All Options Available To It Related To ED Letter" . Contacted U.S. Department Of Education To Request That ED Consider Possible Alternatives To ED's Positions, Requirements . Scheduled Last Day Of Classes For Current Academic Quarter Is Sept 2, And Ed Letter Did Not Have Any Impact On Completion Of That Academic Quarter . ITT Educational Services Inc Says Next Academic Quarter For ITT Technical Institutes Was Scheduled To Begin On September 12, 2016. . However, Because Only A Small Number, If Any, Of Students Who Typically Enroll In ITT Technical Institutes Would Not Be Eligible For Title Iv Program Funds . As A Result, Co Currently Is Not Enrolling New Students At Any ITT Technical Institute For Academic Quarter That Begins On September 12.  Full Article

Chubb reports Q2 operating earnings per share $2.25
Wednesday, 27 Jul 2016 

Chubb Ltd : Chubb reports second quarter net and operating income of $1.54 and $2.25 per share, respectively; annualized roe and operating roe are 6.2 pct and 9.5 pct, respectively, for the quarter and 5.3 pct and 9.8 pct year-to-date . Book value, tangible book value per share increased 2.7 pct and 6.1 pct, respectively, from March 31, now stand at $101.56 and $57.14, respectively . Q2 operating earnings per share $2.25 . Q2 earnings per share view $2.22 -- Thomson Reuters I/B/E/S . Q2 earnings per share $1.54 . Qtrly consolidated and p&c net premiums written of $7.6 billion and $7.1 billion, respectively, up 59.7 pct and 66.0 pct .Property and casualty (P&C) combined ratio for quarter was 91.2 pct.  Full Article

BBSI appoints Gary Kramer as CFO
Thursday, 14 Jul 2016 

Barrett Business Services Inc : BBSI appoints Gary Kramer as chief financial officer . Kramer succeeds interim CFO Tom Carley. .Prior to his current role at Chubb, Kramer served as divisional financial officer for ace financial solutions..  Full Article

Chubb names regional presidents in Asia Pacific and Latin America
Thursday, 30 Jun 2016 

Chubb Ltd : Chubb announces changes to its regional presidents in Asia Pacific and Latin America; New division president named for company's International Accident & Health Business . Jorge Luis Cazar has been named division president of company's International A&H business . Says Paul McNamee has been named regional president, Asia Pacific .Juan Luis Ortega has been named regional president, Latin America.  Full Article

Chubb hikes annual dividend 3 pct to $2.76/shr
Thursday, 19 May 2016 

Chubb Ltd: 3 percent increase in company's dividend to $2.76 annually .Chubb shareholders approve 23rd consecutive annual dividend increase; board declares record date for first dividend installment; all other shareholder proposals approved.  Full Article

BRIEF-Chubb Announces The Passing Of Dean R. O'hare, Former Chairman And Chief Executive Officer Of Chubb Corp

* CHUBB ANNOUNCES THE PASSING OF DEAN R. O'HARE, FORMER CHAIRMAN AND CHIEF EXECUTIVE OFFICER OF CHUBB CORPORATION, A PREDECESSOR COMPANY Source text for Eikon: Further company coverage: (Bangalore.newsroom@thomsonreuters.com)