Chubb to take $1.81bn Q2 hit from Covid-19, nat cats and civil unrest

Evan Greenberg – Chubb

Chubb has estimated its second quarter results will include $1.81bn of pre-tax global net catastrophe losses – $1.37bn of which come from Covid-19 pandemic losses – as well as $259mn of reserve development for US child molestation claims.

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