UPDATE: Chubb Q4 Profit Down 77%
February 01, 2013 at 03:21 AM EST
Chubb (NYSE: CB ) reported a 77% drop in its fourth-quarter earnings. Chubb expects 2013 operating income of $6.40 to $6.80 per share, versus analysts' estimates of $6.26 per share. Chubb's quarterly profit fell to $102 million, or $0.38 per share, from $452 million, or $1.60 per share, in