Chubb

Chubb Limited today announced preliminary net loss estimates in the fourth quarter of 2018 attributable to the California wildfires of approximately $225 million pre-tax, or $195 million after tax.

These estimates do not include losses from Hurricane Michael or other weather events occurring globally in the quarter.

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Hurricane Michael losses: $150-$250 million pre-tax

The company believes its estimated losses from Hurricane Michael are currently at the upper end of the range of $150 million to $250 million pre-tax that was previously disclosed.

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Jayleen R. Heft

Jayleen Heft is the digital content editor for PropertyCasualty360.com. Contact her at [email protected].

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