Chubb Corp. (CB) Tops Q2 EPS by 6c
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Chubb Reports Second Quarter Net Income Per Share of $2.76; Core Operating Income Per Share of $2.68, up 7.2%; Net Premiums Written of $8.0 Billion, Up 5.7%; Annualized ROE and Core Operating ROE of 1
July 24, 2018 4:05 PM EDTZURICH, July 24, 2018 /PRNewswire/ -- Chubb Limited (NYSE: CB) today reported net income for the quarter ended June 30, 2018 of $1,294 million, or $2.76 per share, compared with $1,305 million, or $2.77 per share, for the same quarter last year. Core operating income was $1,253 million, or $2.68 per share, compared with $1,180 million, or $2.50 per share, for the same quarter last year. The property and casualty (P&C) combined ratio was 88.4%. Book value per share decreased 0.1% and tangible book value per share increased 0.5% from March 31, 2018 and now stand at $109.97 and $66.00, respectively. Book value and tangible book value per share... More
