Chubb Estimates Third Quarter Hurricane Losses And Third Quarter Operating Income Per Share
WARREN, NJ, October 15, 2004 – The Chubb Corporation [NYSE: CB] announced today that its total pre-tax losses from all third quarter hurricanes are estimated
to be approximately $180 million. Including these losses, Chubb expects to report third quarter operating income (which Chubb
defines as net income excluding after-tax realized investment gains and losses) in the range of $1.65 to $1.75 per share.
As previously announced, Chubb expects to issue its earnings release with actual third quarter results on October 26, 2004
after 4:00 P.M. Eastern Daylight Time and to hold a webcast analyst conference call on the same day at 5:00 p.m. Information
about the conference call is available on Chubb’s website at www.chubb.com.
For further information contact:
Investors:
Glenn A. Montgomery
908-903-2365
Media:
Mark E. Greenberg
908-903-2682
Certain statements made in this release should be considered forward-looking information as defined in the Private Securities
Litigation Reform Act of 1995. Chubb cautions investors that any such forward-looking statements are not guarantees of future
performance, and actual results may differ materially. Investors are directed to consider the risks and uncertainties in our
business that may affect future performance and that are discussed in readily available documents, including annual and quarterly
reports and other documents filed by The Chubb Corporation with the Securities and Exchange Commission.
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