earnings
confidence high
sentiment negative
materiality 0.80
Chubb Q1 net income drops 38% to $3.29/sh on $1.64B catastrophe losses, core operating income $3.68/sh
Chubb Ltd
2025-Q1 EPS reported
$3.29
revenue$13,353,000,000
- Net income $1.33B ($3.29/sh) vs $2.14B ($5.23/sh) last year; core operating income $1.49B ($3.68/sh) down 31%.
- Pre-tax catastrophe losses $1.64B (15.9 pts of combined ratio), including $1.47B from California wildfires.
- P&C combined ratio 95.7%; current accident year combined ratio ex-cats improved to 82.3% from 83.7% prior year.
- Consolidated net premiums written $12.6B, up 5.7% constant currency; Life insurance premiums up 10.3% constant currency.
- Book value per share $164.01, up 2.7% from Dec 31; core operating ROTE 13.0%, ROE 8.2%.