Chubb Non-GAAP EPS of $7.26 beats by $0.52
Seeking Alpha ·
Chubb press release ( CB ): Q2 Non-GAAP EPS of $7.26 beats by $0.52 . P&C net premiums written were $12.77 billion, up 3.0%, or 6.3% excluding large account and E&S property. P&C underwriting income was $1.94 billion, up 18.8%, with a combined ratio of 83.8%. P&C
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Chubb's Q2 Non-GAAP EPS reached $7.26, beating market expectations by $0.52. Property and Casualty (P&C) net premiums rose 3% year-over-year to $12.77 billion, while underwriting income surged 18.8% to $1.94 billion. The combined ratio stood at 83.8%, demonstrating strong profitability and sending a positive signal to investors.
상승 영향
- Insurance — Chubb's Q2 EPS beat estimates and P&C underwriting income rose 18.8%, raising expectations for profit improvements across the industry.
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