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Chubb expects $290m Q1 cat losses

30 March 2010

Insurance provider, Chubb, has estimated pre-tax losses worth nearly $290m from first quarter catastrophes.

Read more: Chubb catastrophe Chilean earthquake

US insurer Chubb has estimated pre-tax losses worth nearly $290m from first quarter catastrophes....


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For more catastrophe reports, data and news, click through to the RMS/Reactions Catastrophe Centre.

Poll

Catastrophe bond issuance was $4.3bn in 2011. How much new issuance will there be in 2012?

Less than $3bn
0%
$3bn-$4bn
50%
$4bn-$5bn
25%
$5bn-$6bn
12%
$6bn-$7bn
12%
More than $7bn
0%

Quote

If last year was the year of the cat, then this year could be the year of the debt crisis.

Mike Van Slooten, head of international market analysis at Aon Benfield