2005 Annual Incentive Compensation Award FormulaComponents

EX-10.2 3 a05-4557_1ex10d2.htm EX-10.2

Exhibit 10.2

 

2005 Annual Incentive Compensation Award Formula Components

 

The performance metrics for calculating 2005 annual incentive compensation are:

 

•                  Combined Ratio of Chubb’s property and casualty insurance subsidiaries; and

•                  Chubb’s 2005 operating income.