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Dipanjan Banchur

Chubb's Q2 2024 Earnings: What to Expect

CB Berkshire Hathaway Insurance

Chubb Limited (CB), headquartered in Zurich, Switzerland, provides insurance and reinsurance products worldwide. Valued at $104.08 billion by market cap, the company has operations in 54 countries and territories and offers commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance to a diverse group of clients. The insurance giant is expected to announce its fiscal second-quarter earnings for 2024 after the market closes on Tuesday, Jul. 23.

Ahead of the event, analysts expect CB to report a profit of $5.14 per share on a diluted basis, up 4.5% from $4.92 per share in the year-ago quarter. The company has consistently surpassed Wall Street’s EPS estimates in its last four quarterly reports. During the previous quarter, the insurer’s core operating income rose double-digit, investment income was up by more than 23%, and life insurance income increased by nearly 10%.

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