Chubb Reports First Quarter Net Income Per Share of $0.55 versus $2.25 Prior Year, and Core Operating Income Per Share of $2.68 versus $2.54 Prior Year; Consolidated Net Premiums Written of $8.0 Billi

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Chubb Corp. (CB) Tops Q1 EPS by 11c

April 21, 2020 4:07 PM EDT

Chubb Corp. (NYSE: CB) reported Q1 EPS of $2.68, $0.11 better than the analyst estimate of $2.57.

Evan G. Greenberg, Chairman and Chief Executive Officer of Chubb Limited, commented: "Chubb had a very good first quarter that demonstrated the underlying health and strength of our company as we entered this period of the COVID-19 global pandemic. Core operating income per share of $2.68 was up 5.5% from prior year, and our underwriting results were highlighted by a P&C combined ratio of 89.1%. We grew P&C... More