6 May 2016Insurance

Underwriting profits climb at Chubb post ACE deal

Chubb, the company that now includes the combined operations of ACE and Chubb following their January merger, reported a 35.6 percent fall in its net income for the first quarter of the year, compared to the prior-year quarter, mainly thanks to integration costs relating to the deal, which was technically a takeover by ACE.

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