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Chubb Corp

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    Trader on the floor of the New York Stock Exchange.

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  • April 24- Property and casualty insurer Chubb Corp reported a weaker-than-expected first-quarter profit, hurt by higher catastrophe losses related to severe winter in the United States. On an operating basis, Chubb earned $1.50 per share, below analysts' average estimate of $1.56 per share, according to Thomson Reuters I/B/E/S.

  • April 24- Property and casualty insurer Chubb Corp reported a 32 percent fall in first-quarter profit, hurt by higher catastrophe losses related to the severe winter in the United States. The company's net income fell to $449 million, or $1.80 per share, for the quarter ended March 31, from $656 million, or $2.48 per share, a year earlier.

  • NEW YORK, April 8- New York state's top insurance regulator has sent subpoenas to four U.S. insurance companies as part of a probe of potential sanctions violations involving Iran, a person familiar with the matter said on Tuesday.

  • Jan 30- Property and casualty insurer Chubb Corp reported a better-than-expected quarterly profit as its claims fell 30 percent and announced a $1.5 billion share buyback. Chubb's net profit rose more than five-fold to $569 million, or $2.24 per share, in the fourth quarter ended Dec. 31, from $102 million, or 38 cents per share, a year earlier.

  • Chubb profit jumps five-fold as claims fall Thursday, 30 Jan 2014 | 4:22 PM ET

    Jan 30- Property and casualty insurer Chubb Corp reported a more than five-fold rise in quarterly profit as the company paid lower claims. The company's net income rose to $569 million, or $2.24 per share, in the fourth quarter ended Dec. 31, from $102 million, or 38 cents per share, a year earlier. Net earned premium rose 4 percent to $3.04 billion.

  • *Fourth-quarter operating earnings $2.68/ share vs est $2.16. *After-tax catastrophe losses $37 mln vs $689 mln a year earlier. Jan 21- U.S. insurer Travelers Cos Inc's slowing pace of price hikes raised concerns about its margins and overshadowed a three-fold rise in quarterly profit, sending its shares down as much as 3 percent.

  • Insurance crews helped protect rich from wildfires Sunday, 29 Sep 2013 | 2:11 PM ET
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    I niche insurance program operates under the premise that it is cheaper to defend wealthy homes against fire than to replace them.

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  • Floods Hammer U.S., China     Thursday, 11 Jul 2013 | 12:00 PM ET

    Major flooding hit Colorado, Virginia and Pennsylvania in the U.S. yesterday, and China saw its worst flooding in 50 years in the southwestern part of the country.

  • All Eyes on Fed as Traders Look for Easing Clues Tuesday, 21 May 2013 | 10:29 AM ET

    Traders will be listening for clues about possible tapering off of quantitative easing when two Fed presidents speak later on Tuesday.

  • After-Hours Buzz: AMZN, SBUX, JCP & More Thursday, 25 Apr 2013 | 5:35 PM ET

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  • A Make-or-Break Week Ahead for the Stock Market Saturday, 20 Apr 2013 | 12:30 AM ET

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  • Insurance Stocks That Superstorm Sandy Didn't Blow Away Wednesday, 16 Jan 2013 | 11:23 AM ET
    Damage in the Rockaway neighborhood in New York City, where the historic boardwalk was washed away during Hurricane Sandy.

    TheStreet.com details brief earnings previews for five major property and casualty insurers.

  • For Now, Insurance Stocks to Stay Sought After: Pro Tuesday, 18 Dec 2012 | 11:19 AM ET

    For now, insurance companies will continue to increase their cash reserves and invest some of that money into stock buybacks, dividend increases and acquisitions. That will keep it one of the most sought-after sectors by investors. TheStreet.com reports.

  • Companies such as environmental cleanup specialist Clean Harbors Inc, building supply chains Home Depot Inc and Lowe's Cos Inc, building products makers Owens Corning and Beacon Roofing Supply Inc, and generator manufacturer Generac Holdings Inc surged in early trading on the assumption that the recovery from Sandy will take years and boost sales.

  • NEW YORK, Oct 31- The first piece of post-storm advice after a major weather event like Sandy is always to call your insurance company. But what if your phone isn't working or you don't have Internet service? State Farm says as of Tuesday evening, it had logged 6,000 homeowners policy claims, and 900 car claims.

  • Companies like environmental cleanup specialist Clean Harbors, building supply chains Home Depot and Lowe's, building products makers Owens Corning and Beacon Roofing and generator manufacturer Generac Holdings surged in early trading on the assumption that the recovery from Sandy will take years and boost sales.

  • Sandy spending hopes drive rally for recovery companies Wednesday, 31 Oct 2012 | 4:30 PM ET

    Companies like environmental cleanup specialist Clean Harbors, building supply chains Home Depot and Lowe's, building products makers Owens Corning and Beacon Roofing and generator manufacturer Generac Holdings surged in early trading, on the assumption that the recovery from Sandy will take years and boost sales.