Chubb estimates US tax change benefit

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  • Positive impact: Chubb Limited estimates it will see a one-time benefit of more than $250 million as a result of US tax changes

    Positive impact: Chubb Limited estimates it will see a one-time benefit of more than $250 million as a result of US tax changes


Chubb Limited, which has offices in Bermuda, expects to record a one-time benefit from the new US tax law in excess of $250 million in the fourth quarter of this year.

Chubb’s preliminary estimate reflects the one-time impact of the reduced US corporate income tax rate and the deemed repatriation of foreign subsidiary earnings on the company’s net deferred tax liability position.

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Published Dec 27, 2017 at 9:59 am (Updated Dec 27, 2017 at 9:59 am)

Chubb estimates US tax change benefit

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