Chubb adds $352mn to Q3 pre-tax cat bill

Chubb is expecting $352mn in additional pre-tax losses from
third quarter catastrophes, including $220mn in net insurance and
reinsurance losses from Hurricane Maria.
The carrier's commercial and personal P&C businesses
will book $152mn of pre-tax net losses tied to Maria, while the
reinsurance segment will take a $53mn net loss, it said today.
Estimated reinstatement premiums will cost an additional $15mn
before tax.
The insurer also estimated its pre-tax net loss from the two
Mexican earth