The Chubb Corp. on Friday reported net income of $620 million in the fourth quarter of 2010, down 10.8% from the $695 million in profits during the same period of 2009.For the full year, Chubb reported net income of $2.2 billion, unchanged from 2009."Chubb's excellent results in both the fourth quarter of 2010 and the full year continue to demonstrate our ability to generate superior financial results, even in a challenging economic and industry environment," stated John D. Finnegan, chairman, president and chief executive officer. "Particularly noteworthy were combined ratios that were be...
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