Chubb Corp. (CB) Tops Q2 EPS by 48c

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Go back to Chubb Corp. (CB) Tops Q2 EPS by 48c

Chubb Reports Second Quarter Net Income Per Share of $4.32, Up 54.3%, and Record Core Operating Income Per Share of $4.92, Up 16.6%; Consolidated Net Premiums Written of $11.95 Billion, Up 16.1%, or 1

July 25, 2023 4:15 PM EDT

Net income was $1.79 billion, up 50.7%, and core operating income was a record $2.04 billion, up 13.9%. For the six months, net income was $3.69 billion, up 17.2%, and core operating income was a record $3.89 billion, up 12.9%.P&C net premiums written of $10.68 billion were up 9.8%, or 10.4% in constant dollars.Global P&C premiums, which exclude Agriculture, were up 10.2%, or 10.9% in constant dollars, with commercial lines up 11.1% and consumer lines up 10.5%. North America was up 10.6%, with personal lines growth of... More