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Chubb Q3 Earnings Surpass Expectations on Solid Underwriting
CBChubb(CB) ZACKS·2024-10-30 13:55

Chubb Limited (CB) reported third-quarter 2024 core operating income of $5.72 per share, which beat the Zacks Consensus Estimate by 16%. The bottom line increased 15.6% year over year. Chubb's results reflect strong performance in North America P&C, Overseas General and Life Insurance divisions, solid underwriting income and improved investment income, partially offset by a higher level of catastrophe. Quarter in Detail Net premiums written improved 5.5% year over year to $13.8 billion in the quarter. Our e ...