Australia floods News

Bermuda-based Alterra Capital Holdings Limited has announced initial loss estimates for three recent natural catastrophe events. Alterra said the estimates are “$5 to $8 million related to the Australian floods in January 2011; $6 to $10 million related to Cyclone …

The Chubb Corp. reported that net income in the fourth quarter of 2010 was $620 million, compared to $695 million in the fourth quarter of 2009. For the year ended Dec. 31, 2010, net income was $2.2 billion, the same …