Chubb estimates Q4 2019 global net cat loss at $430m pre-tax

15-01-2020

Global P&C insurer Chubb estimates net catastrophe loss estimates for the fourth quarter of 2019 of $430 million pre-tax, or $353 million after tax. The losses are primarily attributable to severe weather-related events around the globe including tornadoes in Texas, wildfires in California, and Typhoon Hagibis in Japan, as well as civil unrest in Hong Kong and Chile.


Chubb, Catastrophe, Property & Casualty, Insurance, Reinsurance, Q4, North America

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