COVID-19 hits earnings and growth at Chubb in 'difficult' Q2

29-07-2020

COVID-19 hits earnings and growth at Chubb in 'difficult' Q2

Evan Greenberg, CEO, Chubb

Property/casualty insurer Chubb swung to loss in a "difficult quarter" that impacted both its earnings and growth. The insurer recorded after-tax COVID-related charge of $1.2 billion, including insurance losses resulting directly from the pandemic and consequent economic crises.


Chubb, 2020 Results, Q2, GWP, Coronavirus, Insurance, Reinsurance, Evan Greenberg, North America

Intelligent Insurer