Chubb Establishes $1,000,000 Fund for Sandy Disaster Relief Efforts
WARREN, NJ, November 8, 2012 -- The Chubb Corporation [NYSE:CB] has established a $1,000,000 fund for disaster relief efforts related to Hurricane/Tropical
Storm Sandy.
Chubb will contribute $500,000 to the American Red Cross for disaster relief. In addition, the insurer will match employee
contributions to qualified relief organizations on a two-for-one basis, up to $500,000. If total employee donations exceed
$250,000, Chubb will continue to match those employee dollars on a dollar-for-dollar basis.
“We hope that our contributions will ease the suffering of Sandy victims and help them return to their normal lives as soon
as possible,” said John D. Finnegan, Chairman, President and Chief Executive Officer of The Chubb Corporation.
The Chubb Corporation is a holding company for a family of insurance companies informally known as the Chubb Group of Insurance
Companies. The Chubb organization provides property and casualty insurance to personal and commercial customers through 8,500
independent agents and brokers. Chubb's global network includes branches and affiliates throughout North America, Europe,
Latin America, Asia and Australia. More information on Chubb can be obtained at www.chubb.com.
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