Chubb Corp. (CB) Tops Q3 EPS Expectations

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Go back to Chubb Corp. (CB) Tops Q3 EPS Expectations

Chubb Reports Third Quarter Net Income per Share of $2.60, The Highest for Any Quarter in Chubb's History; Operating Income per Share Is Up 9% to a Record $2.37; Combined Ratio Is 83.3%

October 20, 2015 4:04 PM EDT

WARREN, N.J., Oct. 20, 2015 /PRNewswire/ -- The Chubb Corporation (NYSE: CB) today reported that net income in the third quarter of 2015 was $601 million compared to $594 million in the third quarter of 2014.  Net income per share increased 5% to $2.60 from $2.47.  It was the highest net income per share for any quarter in Chubb's history. 

Operating income, which the company defines as net income excluding after-tax realized investment gains and losses, was $547 million in the third quarter of 2015 compared to $522 million in the third quarter of 2014.  Operating income per share increased 9% to a record... More