Chubb

/ tʃʌb /

noun

1. a type of patent lock containing a device that sets the bolt immovably if the lock is picked

Example Sentences

Other insurers that have disclosed L.A. fire losses topping $1 billion include Allstate and Chubb.

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Last week, another larger insurer, Chubb Ltd., estimated its losses from the fire will total about $1.5 billion, with the financial impact expected to be limited to the fourth quarter.

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Chubb expects that its losses from the L.A.

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Chubb Ltd. is estimating that it will need to pay out $1.5 billion to cover its Los Angeles County fire claims, making the Swiss insurer the first company to report its expected losses from the conflagrations.

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Chubb, which earned $2.6 billion in the fourth quarter, said it anticipates the financial impact to the company will be limited to the first quarter of this year.

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