earnings
confidence high
sentiment positive
materiality 0.75
Chubb Q4 core operating EPS $3.81 record, up 19.8% YoY; P&C combined ratio 85.5%
Chubb Ltd
2021-FY EPS reported
$19.27
revenue$40,963,000,000
- Q4 net income $2.14B ($4.95 EPS); core operating income record $1.65B ($3.81 EPS, +19.8%).
- P&C underwriting income $1.27B record; combined ratio 85.5% vs 87.6% prior year; commercial lines NPW +12.9%.
- Full-year net income $8.54B ($19.27 EPS, +147%); core operating income $5.57B ($12.56 EPS, +72%).
- Record full-year P&C combined ratio 89.1%; current accident year ex-cat combined ratio 84.8% (record).
- Agreements to increase Huatai Group ownership to 86.1% (pending regulatory approval); returned $6.25B to shareholders in 2021.