Re/Insurance groups

Chubb Reports Fourth Quarter Net Income of USD 1,533 million

Chubb Limited (NYSE: CB) today reported net income for the quarter ended December 31, 2017 of USD 1,533 million, or USD 3.27 per share, compared with net income of USD 1,610 million, or USD 3.41 per share, for the same quarter last year.

SCOR completes the acquisition of MutRe

French reinsurer SCOR said it has successfully completed its 100% acquisition of mutual reinsurer - MutRe S.A. SCOR has been a 33% shareholder and a major technical and commercial partner of MutRe since the company was created in 1998.