Chubb (CB)
NYSE:CB
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Earnings Data
Report Date
Jul 28, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
6.7Last Year’s EPS
6.14Same Quarter Last Year
Moderate Buy
Based on 19 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a strong quarter with multiple positive financial and operating metrics: substantial core operating earnings, double-digit premium growth, robust investment income and high returns on tangible equity, coupled with active capital returns and favorable reserve development. However, the company also flagged meaningful market challenges—notably accelerating property pricing deterioration in large account/shared/layered segments, heightened competition in London and E&S channels driven by alternative capital and MGAs, a $500 million quarter of catastrophe losses, and $1.6 billion of unrealized investment markdowns. Management emphasized disciplined underwriting and balance-sheet strength as mitigants and signaled deliberate risk management actions (including shrinking poorly priced property exposure and opportunistic reinsurance). On balance, the positive operational and capital results in the quarter outweigh the near-term market and macro headwinds called out by management.Company Guidance
Strong Core Operating Earnings
Core operating earnings of $2.7 billion, or $6.82 per share, both up substantially year-over-year; excluding catastrophe losses, core operating income rose 10.7% and EPS rose 13.5%.
Robust Premium Growth
Total company net premiums grew 10.7% to more than $14 billion. P&C premiums rose 7.2% and Life premiums increased more than 33% (both benefited from foreign exchange).
Broad Geographic and Product Growth
International retail premiums rose >15%; consumer A&H and personal lines +20%+, Europe +17.5%, Asia +12%+, Latin America ~18%. North America premiums +4.1% (or +7.8% excluding large account property).
Underwriting Performance
P&C underwriting income of $1.8 billion with a statutory combined ratio of 84%. On a current accident year basis excluding cats, underwriting income grew 9.8% with a combined ratio of 82.1%.
Strong Investment Income and Asset Base
Adjusted net investment income of $1.84 billion (up >10% year-over-year), fixed income portfolio yield 5.1%, new money rate ~5.5% as of March 31. Invested assets increased to approximately $170–$173 billion.
Healthy Returns and Capital Management
Annualized core operating return on tangible equity 20.6% and core operating ROE 14%. Returned $1.5 billion to shareholders (including $1.1 billion share repurchases at an average price of $325.06 and $380 million in dividends).
Book and Tangible Book Value Growth
Tangible book value per share highlighted as up 21.5% (Evan G. Greenberg). Peter Enns reported book and tangible book value per share, excluding AOCI, grew 12.1% and 16.5% year-over-year — both metrics indicate meaningful capital growth.
Favorable Reserve Development and Cash Flow
Pretax prior period development favorable $301 million (short-tail favorable $322 million; long-tail unfavorable $21 million). Adjusted operating cash flow of $3.8 billion and record cash/invested assets levels reported.
CB Earnings History
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 |
|---|---|---|---|
Apr 21, 2026 | $329.29 | $325.43 | -1.17% |
Feb 03, 2026 | $312.46 | $328.48 | +5.13% |
Oct 21, 2025 | $267.62 | $274.83 | +2.70% |
Jul 22, 2025 | $276.08 | $267.58 | -3.08% |
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 (CB) report earnings?
Chubb (CB) is schdueled to report earning on Jul 28, 2026, After Close (Confirmed).
What is Chubb (CB) earnings time?
Chubb (CB) earnings time is at Jul 28, 2026, 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 2026 (Q2) is 6.7.