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Chubb Corporation Detail
 
 
 
 
 
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Chubb Corporation

Stock Symbol: CB

15 Mountain View Road
http://www.chubb.com

Chubb Corporation Industry:
Insurance (Prop. & Casualty)

Chubb Corporation Description:
Chubb Corporation is a holding company for a family of property and casualty insurance companies known informally as the Chubb Group of Insurance Companies (the Group). The Group provides property and casualty insurance to businesses and individuals around the world. Chubb Commercial Insurance offers a full range of commercial customer insurance products, including coverage for multiple peril, casualty, workers' compensation and property and marine.

Chubb Corporation Financial Summary:
CB is a holding company for a family of property and casualty insurance companies known informally as the Chubb Group of Insurance Companies. For the 6 months ended 6/30/05, revenues increased 8% to $6.9B. Net income increased 35% to $965.1M. Revenues reflect an increase in premiums earned, and higher investment income. Earnings also benefitted from a decrease in insurance operating costs and expenses.

Chubb Corporation Business Summary:
Chubb Corporation is a holding company for a family of property and casualty insurance companies known as the Chubb Group of Insurance Companies (the P&C Group). The P&C Group is divided into three strategic business units. Chubb Commercial Insurance offers commercial customer insurance products, including coverage for multiple peril, casualty, workers' compensation, and property and marine. Chubb Specialty Insurance offers specialized executive protection and professional liability products for privately and publicly owned companies, financial institutions, professional firms and healthcare organizations. Chubb Specialty Insurance also includes the Company's surety and accident businesses, as well as its reinsurance assumed business. Chubb Personal Insurance offers products for individuals with fine homes and possessions, who require more coverage choices and higher limits than standard insurance policies. As of December 31, 2004, the Company had total assets of $44.3 billion.

 
 
 
 
 
 
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