Chubb Reports Second Quarter Net Income per Share of $1.42; Operating Income per Share is $1.27; Combined Ratio is 94.9% Including Catastrophe Impact of 11.3 Points

WARREN, N.J., July 21, 2011 /PRNewswire/ -- The Chubb Corporation [NYSE: CB] today reported that net income in the second quarter of 2011 was $419 million compared to $518 million in the second quarter of 2010.  Net income per share declined 11% to $1.42 from $1.59. Operating income, which the