The Chubb Corp. has established a $1 million fund for disaster relief efforts related to the recent earthquake and tsunami in Asia.
Chubb will make direct contributions to disaster relief organizations and will match contributions by its U.S. and international employees to such organizations on a two-for-one basis.
“We are saddened by the tremendous loss of life and destruction in Asia. Our thoughts and prayers are with all the victims of this tragedy and their families,” said John Finnegan, chairman and CEO of The Chubb Corporation. “We hope that contributions from Chubb, our employees and other members of the global business community will help ease the pain for those who unfortunately continue to suffer.”
Topics Catastrophe Natural Disasters Chubb
Was this article valuable?
Here are more articles you may enjoy.
Rational Market? How About ‘Dumb’ and ‘Bizarre’? 
Commercial Lines Rates Continue to Soften, Says Ivans Index 
Lemonade Logs Q1 Net Loss With Topline Growth 
GEICO Responds After Error Sent Cancellation Notices to Florida Drivers 
