Chubb Corp. (CB) Reports In-Line Q1 EPS

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Go back to Chubb Corp. (CB) Reports In-Line Q1 EPS

Chubb Reports First Quarter Per Share Net Income and Core Operating Income of $2.30 and $2.34, Respectively, Including Catastrophe Losses of $0.64 Per Share Versus $0.35 Prior Year; Net Premiums Writt

April 24, 2018 4:06 PM EDT

ZURICH, April 24, 2018 /PRNewswire/ -- Chubb Limited (NYSE: CB) today reported net income for the quarter ended March 31, 2018 of $1,082 million, or $2.30 per share, compared with $1,093 million, or $2.31 per share, for the same quarter last year. Core operating income was $1,097 million, or $2.34 per share, compared with $1,175 million, or $2.48 per share, for the same quarter last year. The property and casualty (P&C) combined ratio was 90.1%. Book value and tangible book value per share decreased 0.2% and 0.3%, respectively, from December 31, 2017 and now stand at $110.10 and $65.65, respectively. Book value and tangible book value per share growth was... More