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Insurer Chubb Ltd. has estimated its costs related to the Los Angeles fires to be around $1.5 billion before taxes.

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Chubb expects that its losses from the L.A. County fires will total $1.5 billion, making the Swiss company the first major ...

(Reuters) - Insurance company Chubb posted a rise in fourth-quarter profit on Tuesday, helped by strong gains in its ...

Net income: US$9.27b (up 2.7% from FY 2023). Profit margin: 16% (down from 18% in FY 2023). The decrease in margin was driven ...

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Chubb Ltd estimates that the wildfires that ravaged swaths of Los Angeles earlier this month will cost the insurer $1.5 billion in the first quarter. The Zurich-based firm revealed the expected cost ...