Chubb Corp. (CB) Tops Q4 EPS by 16c

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Go back to Chubb Corp. (CB) Tops Q4 EPS by 16c

Chubb Reports Fourth Quarter Net Income Per Share of $2.57 versus $0.76 Prior Year, and Core Operating Income Per Share of $2.28 versus $2.02 Prior Year; Consolidated Net Premiums Written of $8.0 Bill

February 4, 2020 4:05 PM EST

ZURICH, Feb. 4, 2020 /PRNewswire/ -- Chubb Limited (NYSE: CB) today reported net income for the quarter ended December 31, 2019 of $1,173 million, or $2.57 per share, compared with $355 million, or $0.76 per share, for the same quarter last year. Core operating income was $1,040 million, or $2.28 per share, compared with $935 million, or $2.02 per share, for the same quarter last year. The property and casualty (P&C) combined ratio was 92.7% and the Global P&C combined ratio, which excludes Agriculture, was 91.9%. Book and tangible book value per share increased 1.7% and 2.5%, respectively, from September 30, 2019 and now stand at $122.42 and... More