Chubb Expects Fourth Quarter Financial Results To Be Announced On January 26

Jan 08, 2016, 09:00 ET from Chubb Corporation

WARREN, N.J., Jan. 8, 2016 /PRNewswire/ -- The Chubb Corporation (NYSE: CB) expects that its fourth quarter 2015 financial results will be announced on Tuesday, January 26, 2016 after the close of the market.  The press release and financial supplement will be available shortly thereafter on Chubb's website at www.chubb.com.

As previously disclosed, on June 30, 2015, Chubb entered into an Agreement and Plan of Merger with ACE Limited, under which ACE has agreed to acquire Chubb.  Completion of the transaction is subject to the satisfaction of a number of closing conditions, including the receipt of required regulatory approvals in several jurisdictions.  Although many of the conditions to closing have been met, all have not been satisfied as of the date of this press release.  Chubb currently expects that the transaction will be completed early in the first quarter of 2016, which could be before or after the release of Chubb's fourth quarter 2015 financial results.

 

For further information contact:

Chubb Investor Relations 908-903-2365

FORWARD-LOOKING INFORMATION In this press release, we make statements regarding the expected timing of the announcement of Chubb's fourth quarter 2015 financial results and the expected timing of the completion of the pending acquisition of Chubb by ACE that are "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995 (PSLRA).  These forward-looking statements are made pursuant to the safe harbor provisions of the PSLRA.  Actual timing may differ materially from that suggested by the forward-looking statements.  Additional information regarding factors that could cause such differences appears in Chubb's filings with the Securities and Exchange Commission. Chubb assumes no obligation to update any forward-looking statement set forth in this document, which speak as of the date hereof.

SOURCE Chubb Corporation



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