Forge bankruptcy costs Swiss Re and Chubb $150mn
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Email
  • Free Trial
  • Log in

Forge bankruptcy costs Swiss Re and Chubb $150mn

19 May 2014
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Email

The $95mn surety loss disclosed by Swiss Re and the $54mn hit reported by Chubb in the first quarter were both triggered by the bankruptcy of Australian engineering and construction group Forge.

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Request a free trial Already a subscriber? Log in now

Topics

News May 2014/3
Gift this article