second quarter financials News

Chubb Estimates Q2 Catastrophe Losses at $240M

The Chubb Corp. estimates that catastrophe losses in the second quarter will be approximately $240 million before tax, or $156 million after tax ($0.60 per share after tax). The company said that about $175 million of the losses before tax …

Marsh Reports Revenue Up 12% in Q2

Marsh & McLennan Companies Inc. reported 12 percent combined revenue growth for the second quarter, reflecting new business and increased retention in insurance and risk services, along with growth in consulting. Consolidated revenue in the second quarter of 2011 was …