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Stock impact report

CB Q1 Earnings Beat, Premiums & Net Investment Income Rise Y/Y [Yahoo! Finance]

Chubb Limited (CB) 
Last chubb limited earnings: 4/21 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Chubb Limited's results reflected higher catastrophe losses and poor underwriting income, which were partially offset by higher premiums and improved net investment income. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.) Net premiums written improved 3.5% year over year to $12.6 billion in the quarter. Our estimate was $13.2 billion, while the Zacks Consensus Estimate was pegged at $13 billion. Net investment income was $1.5 billion, up 12.2% year over year. The Zacks Consensus Estimate and our estimate for the same were both pegged at $1.6 billion. Chubb Limited price-consensus-eps-surprise-chart | Chubb Limited Quote Property and casualty (P&C) underwriting income was $441 million, down 68.5% year over year. Global P&C underwriting income, excluding Agriculture, was $387 million, down 71.2%. Chubb Limited incurred pre-tax net catastrophe losses of $1.64 billion, wider than the year-ago quarter's loss of $435 million. The losses include $1.47 bill Show less Read more
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