Chubb Corp. (CB) Tops Q4 EPS by 40c
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Chubb Reports Fourth Quarter Net Income Per Share of $4.95 Versus $5.34 Prior Year, and Record Core Operating Income Per Share of $3.81, Up 19.8%; Commercial Lines Net Premiums Written Up 12.9%; P&
February 1, 2022 4:10 PM ESTZURICH, Feb. 1, 2022 /PRNewswire/ --Â Chubb Limited (NYSE: CB) today reported net income for the quarter ended December 31, 2021 of $2.14 billion, or $4.95 per share, and core operating income of $1.65 billion, or $3.81 per share. The P&C combined ratio was 85.5% compared to 87.6% prior year, and the current accident year P&C combined ratio excluding catastrophe losses was 83.9% compared to 86.4% prior year. Book and tangible book value per share increased 1.7% and 2.7%, respectively, from September 30, 2021 and now stand at $139.99 and $94.38, respectively.
