Chubb records Q1 $74mn net realized loss related to Russia asset impairment
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Chubb records Q1 $74mn net realized loss related to Russia asset impairment

Jairo Ibarra
April 26, 2022
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Chubb logo Russia.jpg

Chubb has disclosed it recorded a $74mn pre-tax net realized loss that includes impairment of assets related to its Russian entities.

The figure was partially offset by $15mn of pre-tax unrealized gains, bringing a total net realized and unrealized loss of $58mn, according to the company’s Q1 2022 filings.

The

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Jairo Ibarra
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