CB
FY2026 Q2 · Calendar Q3 2026
Chubb Limited
Chubb's diversified insurance franchise extended its streak of double-digit core earnings growth in Q2 2026, with core operating earnings of $2.8 billion (up 14.6% year-over-year) and tangible book value per share rising 17.1%. Record adjusted net investment income of $1.88 billion, driven by strong fixed-income and private-equity performance, was the standout. Underwriting remained disciplined despite $475 million in pre-tax catastrophe losses and persistent pricing softness in U.S. commercial lines. The company launched a $7.5 billion share repurchase program and returned $1.4 billion to shareholders this quarter. EPS of $7.26 beat the $6.77 consensus by 7.2%, but revenue of $14.7 billion missed the $15.07 billion estimate by 2.5%, reflecting competitive pricing pressure. The stock fell 3.3% on the report before recovering 5.9% in subsequent sessions, suggesting the market initially…
EPS surprise+7.2%
Market move-3.3%
