Chubb's (CB) Q1 Earnings Top Estimates, Premiums Rise Y/Y

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 ...