Chubb Corp. (CB) Tops Q4 EPS by 5c

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Go back to Chubb Corp. (CB) Tops Q4 EPS by 5c

Chubb Reports Fourth Quarter Net Income Per Share and Core Operating Income Per Share of $0.76 and $2.02, Respectively, Including Catastrophe Losses of $1.09 Per Share; Full-Year Net Income Per Share

February 5, 2019 4:05 PM EST

ZURICH, Feb. 5, 2019 /PRNewswire/ -- Chubb Limited (NYSE: CB) today reported net income for the quarter ended December 31, 2018 of $355 million, or $0.76 per share, compared with $1,533 million, or $3.27 per share, for the same quarter last year. Core operating income was $935 million, or $2.02 per share, compared with $1,489 million, or $3.17 per share, for the same quarter last year. The property and casualty (P&C) combined ratio was 93.1%. Book and tangible book value per share decreased 0.8% and 1.4%, respectively, from September 30, 2018 and now stand at $109.56 and $65.89, respectively. Book and tangible book value per share were unfavorably impacted... More