21 February 2018

Search archive

Chubb: Californian wildfires to cost $280mn

30 November 2017

Chubb has estimated that losses as a result of the devastating recent Californian wildfires will cost it some $280mn before tax.

It added that the estimate is net of reinsurance, includes reinstatement premiums and comprises losses generated from the company's commercial and personal property and casualty insurance businesses as well as its reinsurance operations.

The insurer added that expected Q4 2017 catastrophe losses to date are some $320mn before tax.

Several wineries in northern California sustained total or very significant...

If you are a non-subscriber but would like to be able to view this article, then please go to our Publications page for further information on joining our readership


Euromoney Trading Limited - 3rd Floor, 41 Eastcheap, London, EC3M 1DT, United Kingdom. The content of this website is copyright of Euromoney Trading Limited 2018. All rights reserved Euromoney Trading Limited actively monitors usage of our website and products and reserves the right to terminate accounts if abuse occurs.