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Stock impact report

BRIEF-Chubb Reports Q1 EPS Of $0.55 [Reuters]

Chubb Limited (CB) 
Last chubb limited earnings: 4/21 04:05 pm Check Earnings Report
Company Research Source: Reuters
BRIEF-Chubb Reports Q1 EPS Of $0.55 April 21 (Reuters) - Chubb Ltd: * 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 BILLION, UP 9.1%, OR 9.5% IN CONSTANT DOLLARS * QTRLY P&C UNDERWRITING INCOME WAS $778 MILLION, UP 9.3%, LEADING TO A P&C COMBINED RATIO OF 89.1% COMPARED WITH 89.2% PRIOR YEAR * QTRLY P&C NET PREMIUMS WRITTEN WERE $7.3 BILLION, UP 8.9%, OR 9.3% IN CONSTANT DOLLARS * BOOK AND TANGIBLE BOOK VALUE PER SHARE DECREASED 5.5% AND 7.5%, RESPECTIVELY, FOR THE QUARTER * BOOK VALUE PER SHARE DECREASED 5.5% , FROM DECEMBER 31, 2019 AND NOW STAND AT $115.64 * QTRLY TANGIBLE BOOK VALUE PER SHARE DECREASED 7.5%, FROM DECEMBER 31, 2019 AND NOW STAND AT $72.29 * CHUBB-PRE-TAX CATASTROPHE LOSSES WERE $237 MILLION IN THE QUARTER, INCLUDING $224 MILLION FROM GLOBAL WEATHER-RELATED EVENTS,$13 MILLION RELATED TO COVID-19 * CO ANTICIPATES THAT CO Show less Read more
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