Chubb Estimates $1.4 Billion in Q2 Global Losses Tied to Coronavirus

Chubb Estimates $1.4 Billion in Q2 Global Losses Tied to Coronavirus

Chubb’s disclosure of second quarter 2020 global net catastrophe losses underscores the damage COVID-19 is doing to some carriers’ bottom lines. The global property/casualty insurer estimated $1.8 billion in pretax catastrophe losses for Q2, or $1.5 billion after tax. Of …

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