| Business Summary | | Chubb
Corporation
is
a
holding
company
with
subsidiaries
principally
engaged
in
the
property
and
casualty
insurance
business.
The
property
and
casualty
insurance
subsidiaries
provide
insurance
coverages
principally
in
the
United
States,
Canada,
Europe,
Australia,
and
parts
of
Latin
America
and
the
Far
East.
The
Company
also
has
investments
in
high
quality
bonds,
U.S.
Treasury,
government
agency,
mortgage-backed
securities
and
corporate
issues
as
well
as
equity
securities.
The
Company
has
a
Real
Estate
Group
that
is
composed
of
Bellemead
Development
Corporation
and
its
subsidiaries.
The
group's
activities
involve
commercial
development
primarily
in
New
Jersey
and
residential
development
activities
primarily
in
central
Florida. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | CB
is
a
holding
company
whose
subsidiaries
are
engaged
in
two
industries:
property
and
casualty
insurance
and
real
estate.
For
the
six
months
ended
6/30/01,
revenues
increased
7%
to
$3.81
billion.
Net
income
decreased
5%
to
$321.8
million.
Revenues
reflect
increased
personal
and
specialty
commercial
insurance
premiums
earned
and
higher
investment
income.
Net
income
was
offset
by
increased
insurance
claims
and
claim
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Dean O'Hare, 58 Chairman
of th Board, CEO | $2.0M | $3.3M | John Degnan, 56 Pres | 824K | 287K | Weston Hicks, 44 CFO,
Sr. VP | -- | -- | George Fay, 52 Exec.
VP of Chubb & Son | -- | -- | Ralph Jones III, 45 Exec.
VP of Chubb & Son | -- | -- | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|