Chubb(CB)

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Chubb(CB) - 2024 Q1 - Quarterly Report
2024-04-26 18:53
The underlying assets included in Securities lending collateral in the Consolidated balance sheets are fixed maturities which are classified in the valuation hierarchy on the same basis as other fixed maturities. Excluded from the valuation hierarchy is the corresponding liability related to Chubb's obligation to return the collateral plus interest as it is reported at contract value and not fair value in the Consolidated balance sheets. 16 Table of Contents The carrying values of cash, other assets, other ...
Chubb Limited: Where Impressive Becomes The New Norm
Seeking Alpha· 2024-04-25 12:44
Panuwat Dangsungnoen/iStock via Getty Images Executive Summary The Dividend Champions, companies that have raised their dividend for 25+ consecutive years, count Chubb Limited (NYSE:CB) among their esteemed members. Renowned for its dominance in property and casualty insurance markets, Chubb has consistently achieved single-digit growth and maintained exceptional underwriting standards over the years. Like other property and casualty insurers in 2023, Chubb remediated some of its portfolios and implemen ...
Why Chubb Limited Fell Today
The Motley Fool· 2024-04-24 19:33
Earnings beat estimates, but it perhaps wasn't enough to offset a premium valuation and angst over interest rates.Shares of insurance giant Chubb Limited (CB -3.17%) were falling on Wednesday, down as much as 4.3% before recovering to a 3.1% decline as of 1:30 p.m. ET.Chubb reported earnings last night, and in truth, there wasn't much to complain about for shareholders. However, most insurance stocks were down on Wednesday, as economic concerns moved to the forefront. Given Chubb's premium valuation, at lea ...
Chubb's (CB) Q1 Earnings Top Estimates, Premiums Rise Y/Y
Zacks Investment Research· 2024-04-24 19:21
Chubb Limited (CB) reported first-quarter 2024 core operating income of $5.41 per share, which outpaced the Zacks Consensus Estimate by 2.3%. The bottom line increased 22.7% year over year.Chubb's results reflected solid underwriting income, lower catastrophe loss and improved combined ratio across most of the segments. The insurer witnessed double-digit premium revenue growth from across the globe with strong results in commercial and consumer P&C and Asia life businesses.Quarter in DetailNet premiums writ ...
Chubb(CB) - 2024 Q1 - Earnings Call Transcript
2024-04-24 16:48
Chubb Limited (NYSE:CB) Earnings Conference Call April 24, 2024 8:30 AM ET Company Participants Evan Greenberg - Chairman, Chief Executive Officer Peter Enns - Executive Vice President, Chief Financial Officer John Lupica - Vice Chairman, President, North America Insurance Karen Beyer - Senior Vice President, Investor Relations Conference Call Participants David Motemaden - Evercore ISI Mike Zaremski - BMO Capital Markets Gregory Peters - Raymond James Ryan Tunis - Autonomous Brian Meredith - UBS Bob Huang ...
Chubb (CB) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
Zacks Investment Research· 2024-04-24 00:01
For the quarter ended March 2024, Chubb (CB) reported revenue of $13.07 billion, up 15.2% over the same period last year. EPS came in at $5.41, compared to $4.41 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $12.63 billion, representing a surprise of +3.43%. The company delivered an EPS surprise of +2.27%, with the consensus EPS estimate being $5.29.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectat ...
Chubb (CB) Beats Q1 Earnings and Revenue Estimates
Zacks Investment Research· 2024-04-23 22:36
Chubb (CB) came out with quarterly earnings of $5.41 per share, beating the Zacks Consensus Estimate of $5.29 per share. This compares to earnings of $4.41 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.27%. A quarter ago, it was expected that this insurer would post earnings of $5.07 per share when it actually produced earnings of $8.30, delivering a surprise of 63.71%.Over the last four quarters, the company has surpassed ...
Chubb(CB) - 2024 Q1 - Quarterly Results
2024-04-23 20:26
Exhibit 99.2 Investor Contact Karen Beyer: (212) 827-4445 email: investorrelations@chubb.com Cautionary Statement Regarding Forward-Looking Statements Our forward-looking statements could also be affected by, among other things, competition, pricing and policy term trends, market acceptance, changes in demand, actual market developments, rating agency action, possible terrorism or the outbreak and effects of war, and such other factors identified in our filings with the Securities and Exchange Commission. R ...
Countdown to Chubb (CB) Q1 Earnings: Wall Street Forecasts for Key Metrics
Zacks Investment Research· 2024-04-18 14:21
Analysts on Wall Street project that Chubb (CB) will announce quarterly earnings of $5.26 per share in its forthcoming report, representing an increase of 19.3% year over year. Revenues are projected to reach $12.62 billion, increasing 11.3% from the same quarter last year.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Prior to a company's earnings an ...
Combined Insurance Continues Legacy of Military Support
Prnewswire· 2024-04-15 17:00
Presents Grants to Two Military-Focused Non-Profit Organizations; Receives 5-Star Employer Rating by VETS Indexes CHICAGO, April 15, 2024 /PRNewswire/ -- Combined Insurance Company of America, a Chubb company and a leading North American provider of supplemental insurance sold at the worksite and directly to individuals, continued its enduring commitment to the nation's military, veterans, families and communities through its Operation Veteran Giveback program. The company was also recognized as a 5-Star Em ...