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RBC Capital lowered its price target on Chubb Corporation (NYSE: CB) to $160.00 (from $165.00) while maintaining a Outperform rating.
... MoreChubb Corp. (NYSE: CB) reported Q1 EPS of $2.34, in-line with the analyst estimate of $2.34. Revenue for the quarter came in at $0 versus the consensus estimate of $6.43 billion.
Evan G. Greenberg, Chairman and Chief Executive Officer of Chubb Limited, commented: "We had a very good quarter though it was impacted by a higher level of catastrophe losses. We produced world-class ex-CAT underwriting results, strong net investment income and good premium revenue growth while... More

