Chubb tops third-quarter earnings forecasts as premiums grow
Chubb beat third-quarter earnings expectations as net premiums and record investment income rose. Shares slipped 0.8% in after-hours trading, according to Seeking Alpha.
- published on Newsmetry
- original source published
the public page opens no earlier than 15 minutes after we detect the story. approved stories may reach the api sooner. connect the api →
what happened
Chubb reported stronger-than-expected third-quarter earnings, with profit beating the average analyst estimate of $6.80, according to Seeking Alpha.
Net premiums written reached $15.1 billion, up from $14.71 billion in the previous quarter and $14.9 billion a year earlier. Adjusted pretax net investment income hit a record $1.89 billion. The combined ratio was 84.1%, compared with 81.8% a year ago.
Chairman and CEO Evan G. Greenberg said, "We had a really strong quarter with strong contributions from all of our businesses." Chubb stock slipped 0.8% in after-hours trading.
why it matters
Premium growth and record investment income matter to markets because they support the insurer's margins. However, the higher combined ratio and lower P&C underwriting income compared with last year suggest profitability remains under some pressure. The stock's reaction after the report was modest.
market impact
US insurers: strong premiums and investment income support Chubb shares
tags
instruments
sources
- Chubb Q3 earnings top consensus as net premiums written grow — Seeking Alpha, 20 October 2026 at 21:14 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
the public page opens no earlier than 15 minutes after we detect the story. approved stories may reach the api sooner.
get stories in real time ↗