earnings
confidence high
sentiment positive
materiality 0.75
Chubb Q2 core operating EPS $7.26, up 18.2%; P&C combined ratio 83.8%
Chubb Ltd
- Core operating income $2.84B ($7.26/share), up 14.6% and 18.2% YoY respectively.
- P&C net premiums written $12.77B, up 3.0% (6.3% ex large account & E&S property); combined ratio 83.8%.
- Life insurance net premiums written $1.94B, up 7.5%; segment income $332M, up 9.0%.
- Pre-tax net investment income $1.76B, up 12.3% (record); adjusted net investment income $1.88B, up 11.4%.
- Returned $1.37B to shareholders via $979M buybacks and $395M dividends.