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Valued at a market cap of $117.2 billion, Chubb Limited (CB) operates in the property and casualty insurance sector. Based in Zurich, Switzerland, it offers a wide range of commercial and personal insurance products, reinsurance, and life insurance globally. The company is expected to announce its Q3 earnings after the market closes on Tuesday, Oct. 29.
Ahead of the event, analysts expect the insurance giant to report a profit of $4.96 per share, marginally up from $4.95 per share reported in the year-ago quarter. The company has consistently surpassed Wall Street’s EPS estimates in the past four quarters. CB reported an EPS of $5.38 in the most recent quarter, exceeding the consensus estimate by 6.8%.