The earnings call reflects a strong overall performance with record core operating results and significant growth across several key segments and regions. However, challenges remain in the competitive large account commercial P&C market and financial lines pricing. Despite these challenges, the company's diversified portfolio and strategic discipline suggest a positive outlook for sustained growth.

Company Guidance

During Chubb Limited's Second Quarter 2025 Earnings Call, the company reported record performance metrics, emphasizing strong financial results and growth across various segments and geographies. Core operating EPS reached an all-time high of $6.14, marking a 14% year-over-year increase, while core operating income surged to a record $2.5 billion, up 13%. Underwriting income improved significantly, with a published underwriting income of $1.6 billion, reflecting a 15% increase, and a combined ratio of 85.6%. Investment income also rose, with adjusted net investment income of nearly $1.7 billion, an 8% increase, supported by a fixed income portfolio yield of 5.1%. Operating cash flow was robust at $3.2 billion, and tangible book value per share grew 23.7% from the previous year. The company highlighted growth in global P&C premiums, which increased by 5.8% overall, with commercial and consumer segments up 4.2% and 11.9%, respectively, while premiums in the Life Insurance division grew by 17.5%. Chubb also reported a strong balance sheet, with book value and tangible book value per share increasing by 6.1% and 8% for the quarter, respectively. The company maintained a disciplined underwriting approach amid competitive market conditions and executed a $1.1 billion capital return to shareholders, including share repurchases and dividends.

Record Core Operating EPS and Income

Core operating EPS reached a record $6.14, reflecting a 14% increase from the previous year, backed by record underwriting income, strong investment results, and premium revenue growth. Core operating income also saw a record result of $2.5 billion, up 13%.

Strong Underwriting Performance

Published underwriting income was $1.6 billion, up 15% from the previous year, resulting in a combined ratio of 85.6%. Current accident year underwriting income, excluding catastrophes, increased by 11.5%, with a combined ratio of 82.3%.

Tangible Book Value Growth

Tangible book value per share grew 23.7% year-over-year and 8% from the previous quarter. The annualized core operating return on tangible equity was a robust 21%.

Global P&C and Life Insurance Premium Growth

Global P&C premiums, excluding agriculture, grew by 5.8% (6.4% in constant dollars), with life insurance premiums increasing nearly 17.5%.

Strong Regional and Segment Performance

North America P&C premiums, excluding agriculture, grew by 5.3%, with personal insurance up 9.1% and commercial up 4.1%. Internationally, Asia, Europe, and Latin America showed significant growth in both commercial and consumer segments.

Positive Investment Income

Adjusted net investment income was $1.69 billion, up 8%, with a fixed income portfolio yield of 5.1% and a new money rate averaging 5.4%.

Chubb (CB) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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CB Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 28, 2025	2025 (Q3)	5.45 / -	5.72	―	―	―
Jul 22, 2025	2025 (Q2)	5.98 / 6.14	5.38	14.13% (+0.76)
Apr 22, 2025	2025 (Q1)	3.17 / 3.68	5.41	-31.98% (-1.73)
Jan 28, 2025	2024 (Q4)	5.44 / 6.02	8.3	-27.47% (-2.28)
Oct 29, 2024	2024 (Q3)	4.99 / 5.72	4.95	15.56% (+0.77)
Jul 23, 2024	2024 (Q2)	5.14 / 5.38	4.92	9.35% (+0.46)
Apr 23, 2024	2024 (Q1)	5.31 / 5.41	4.41	22.68% (+1.00)
Jan 30, 2024	2023 (Q4)	5.12 / 8.30	4.05	104.94% (+4.25)
Oct 24, 2023	2023 (Q3)	4.46 / 4.95	3.17	56.15% (+1.78)
Jul 25, 2023	2023 (Q2)	4.42 / 4.92	4.2	17.14% (+0.72)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

CB Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 22, 2025	$278.73	$270.15	-3.08%
Apr 22, 2025	$289.45	$283.54	-2.04%
Jan 28, 2025	$270.50	$274.04	+1.31%
Oct 29, 2024	$284.39	$280.87	-1.24%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Chubb Ltd (CB) report earnings?

Chubb Ltd (CB) is schdueled to report earning on Oct 28, 2025, After Close (Confirmed).

What is Chubb Ltd (CB) earnings time?

Chubb Ltd (CB) earnings time is at Oct 28, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is CB EPS forecast?

CB EPS forecast for the fiscal quarter 2025 (Q3) is 5.45.

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