Chubb Corp. (CB) Misses Q1 EPS by 7c

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Go back to Chubb Corp. (CB) Misses Q1 EPS by 7c

Chubb Reports First Quarter Net Income Per Share of $4.53 Versus $4.55 Prior Year, and Record Core Operating Income Per Share of $4.41, Up 15.1%; Consolidated Net Premiums Written, Up 16.6%, or 18.3%

April 25, 2023 4:15 PM EDT

Net income was $1.89 billion versus $1.95 billion prior year and core operating income was a record $1.84 billion, up 11.8%.P&C net premiums written were up 9.3%, or 11.0% in constant dollars, with commercial lines up 11.5% and consumer/personal lines up 9.4%. North America was up 11.3%, with growth of 11.7% in commercial lines and 9.9% in personal lines. Overseas General was up 6.0%, or 10.0% in constant dollars, with growth of 10.8% in commercial lines and 8.6% in consumer lines; Asia... More