Comments
yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.

2008 West
DIAMOND SPONSOR:
Data Direct
SOA, WOA and Cloud Computing: The New Frontier for Data Services
PLATINUM SPONSORS:
Red Hat
The Opening of Virtualization
GOLD SPONSORS:
Appsense
User Environment Management – The Third Layer of the Desktop
Cordys
Cloud Computing for Business Agility
EMC
CMIS: A Multi-Vendor Proposal for a Service-Based Content Management Interoperability Standard
Freedom OSS
Practical SOA” Max Yankelevich
Intel
Architecting an Enterprise Service Router (ESR) – A Cost-Effective Way to Scale SOA Across the Enterprise
Sensedia
Return on Assests: Bringing Visibility to your SOA Strategy
Symantec
Managing Hybrid Endpoint Environments
VMWare
Game-Changing Technology for Enterprise Clouds and Applications
Click For 2008 West
Event Webcasts

2008 West
PLATINUM SPONSORS:
Appcelerator
Get ‘Rich’ Quick: Rapid Prototyping for RIA with ZERO Server Code
Keynote Systems
Designing for and Managing Performance in the New Frontier of Rich Internet Applications
GOLD SPONSORS:
ICEsoft
How Can AJAX Improve Homeland Security?
Isomorphic
Beyond Widgets: What a RIA Platform Should Offer
Oracle
REAs: Rich Enterprise Applications
Click For 2008 Event Webcasts
SYS-CON.TV
Today's Top SOA Links


Chubb Estimates Net Losses After Tax from Storm Sandy of Approximately $570 Million; Will Resume Share Repurchases; Expects To Announce Fourth Quarter Financial Results on January 31, 2013

WARREN, N.J., Dec. 11, 2012 /PRNewswire/ -- The Chubb Corporation (NYSE: CB) announced today that it estimates its losses from Storm Sandy to be approximately $880 million before tax, or $570 million after tax ($2.14 per share after tax). These amounts include estimated losses and loss expenses net of reinsurance recoverable and also include estimated reinsurance reinstatement premiums.

As previously disclosed, in light of Storm Sandy and the uncertainties surrounding it, Chubb temporarily suspended the repurchase of its common stock under its share repurchase program. Following this announcement, the company intends to resume repurchasing its shares, although it no longer expects to complete repurchases under its current $1.2 billion authorization by the end of January 2013 as previously contemplated. After the Board of Directors' annual review of Chubb's share repurchase program in January 2013, Chubb expects to announce an additional share repurchase authorization at the same time it announces its fourth quarter 2012 financial results.

Chubb expects to announce its fourth quarter 2012 financial results on Thursday, January 31, 2013 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.

A conference call will take place on the same day, Thursday, January 31, 2013 at 5:00 p.m. ET hosted by Chairman, President and Chief Executive Officer John D. Finnegan and other members of Chubb's senior management.  The call will be broadcast live over the Internet.  To listen to the conference call, log on to Chubb's website at www.chubb.com and click on the microphone icon.  A replay of the call will be available on Chubb's website at www.chubb.com approximately two hours following the webcast through Thursday, February 28, 2013.

Those who wish to listen to the live conference call may pre-register on Chubb's website at www.chubb.com by clicking on this press release in the press release category of our home page. 

FORWARD-LOOKING INFORMATION

Some of the statements in this release, including those about estimated losses from Storm Sandy and Chubb's repurchase of shares of its common stock, are "forward-looking information" 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 results may differ materially from those suggested by the forward-looking statements as a result of risks and uncertainties, which include, among others, those discussed or identified from time to time in our public filings with the Securities and Exchange Commission.  Chubb assumes no obligation to update any forward-looking information set forth in this release, which speaks as of its date.

For further information contact:   

Investors:

Glenn A. Montgomery    



908-903-2365                 





Media:             

Mark E. Greenberg



908-903-2682

                                                                                                                                                               

SOURCE Chubb Corporation

About PR Newswire
Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Web 2.0 Latest News
One look at the comments section of an April column on digital marketing in TechCrunch, and it becomes obvious that contributor Samuel Scott, the marketing and communications director for data analytics software firm Logz.io, pushed a few hot buttons with his take on marketing tech. S...
The current version of Angular is Release Candidate 1. This version changed the way how the framework is distributed – it comes as a set of scoped npm packages now. Any imports of the Angular classes will be done from @angular instead of angular2, for example: import {bootstrap} from ...
Cloud computing changed data analytics for good. It enabled companies to drastically decrease resources and architecture previously assigned with business intelligence departments. It also enabled laymen to run advanced business analytics. Cloud was also the architecture of choice for ...
Are you evaluating a software asset for a potential purchase, investment, decision making for the future, possible termination, etc? Here are some questions to consider. Is this a revenue generating asset? How much revenue does it generate? - Establishing the true business value of a...
If the cloud was once (ever) bleeding edge, now the cloud is sheer necessity for anyone doing anything on the Internet. It has changed the way we architect applications, build IT budgets, grow userbases, even write individual lines of code. As the Internet continues to lambdify, cloud ...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET News.com Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)sys-con.com!

Advertise on this site! Contact advertising(at)sys-con.com! 201 802-3021




SYS-CON Featured Whitepapers
ADS BY GOOGLE