Chubb (CB) Q4 Earnings Beat Estimates on Underwriting Strength
CBChubb(CB) Zacks Investment Research·2024-01-31 23:06

Chubb Limited (CB) reported fourth-quarter 2023 core operating income of 8.30pershare,whichoutpacedtheZacksConsensusEstimateby63.78.30 per share, which outpaced the Zacks Consensus Estimate by 63.7%. The bottom line doubled year over year. Chubb's results reflected record underwriting income, lower catastrophe loss, improved combined ratio across most of the segments and higher premium growth across all the segments. Quarter in Detail Net premiums written improved 13.4% year over year to 11.6 billion in the quarter, in line with our estimate. The Zacks Consensu ...