Short-tail and long-tail business for Chubb Ltd (ACE)

ACE » Topics » Short-tail and long-tail business

This excerpt taken from the ACE 10-K filed Feb 25, 2010.

Short-tail and long-tail business

Short-tail business

Short-tail business generally describes product lines for which losses are usually known and paid shortly after the loss actually occurs. This would include, for example, most property, personal accident, aviation hull, and automobile...

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