earnings
confidence high
sentiment positive
materiality 0.80
Chubb Q2 net income $5.46 EPS, up 26%; P&C combined ratio 86.8%; premiums up 11.8%
Chubb Ltd
2024-Q2 EPS reported
$10.68
revenue$26,729,000,000
- Net income $2.23B ($5.46 per share), up 24.3%; core operating income $2.20B ($5.38), up 7.5%.
- Consolidated net premiums written $13.36B, +11.8% (+12.3% constant); P&C combined ratio 86.8%.
- P&C underwriting income $1.418B; pre-tax catastrophe losses $580M vs $400M year ago.
- Life Insurance net premiums written $1.58B, up 24.5% (27.6% constant); segment income $276M, up 8.7%.
- Share repurchases of $570M at avg $253.02; dividends $369M; book value per share $151.05.