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Top analysts & firms
All analyzed callsNot limited to the selected quarter · analysts and firms with 2 or more questions
What does “challenging” mean?
Percentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions.
Most active analysts
Analyst
Firm
Questions · challengingPercentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions.
Questions · challengingPercentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions.
Chubb delivered Q1 core operating earnings of $2.7 billion with EPS of $6.82, as the P&C combined ratio reached 84% with relatively light catastrophe activity. Total company net premiums grew 10.7% to over $14 billion, with international retail P&C up over 15%. Adjusted net investment income reached $1.84 billion up more than 10%. Property pricing deterioration was accelerating, though financial lines showed signs of firming.
Key themes
7
positive📊 company
Excellent P&C Underwriting At 84% Combined Ratio
P&C underwriting income was $1.8 billion with a combined ratio of 84%. Current accident year ex-cats combined ratio was 82.1%, with underwriting income up 9.8%.
MarginRevenue Growth
FY2026 Q3 reported. Analysis in progress.
✓Headline results released on October 20
○Full financial statements pending
✓Earnings call transcript received
○Sentiment analysis in progress
Pre-Earnings Brief
Reported Tuesday, Oct 20. Earnings call pending.
A pre-earnings brief is ready for CB: the setup, what peers and partners said this season, and which analysts to watch.Reading it is a Tellvest Pro feature.
Chubb delivered Q1 core operating earnings of $2.7 billion with EPS of $6.82, as the P&C combined ratio reached 84% with relatively light catastrophe activity.
PositiveExcellent P&C Underwriting At 84% Combined Ratio
Analyst challenge ratePercentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions. · all analyzed quarters
3%
Share price · trailing year
daily closes, last 12 months — not scoped to the selected quarter · dots mark earnings calls, colored by that quarter’s score
Sources.Tellvest earnings-call sentiment score for Chubb Limited (CB), FY2026 Q1: 7/10. Scores: Chubb Limited’s public earnings-call transcripts and SEC-reported results — the base band is anchored to reported GAAP revenue growth; transcript, EPS and guidance adjustments are applied separately (documented exceptions apply to a few issuers). Price: CB daily closing prices for the trailing year; dots mark earnings calls, colored by that quarter’s score; the newest quarter’s score is part of Tellvest Pro. How to read a company earnings-call score.
Key financials
FY2026 Q1 selectedReported GAAP figures from SEC filings
The table scrolls sideways. Swipe it, or select it and use the arrow keys.
Quarter
Revenue
Rev YoY
EPS
EPS YoY
Net margin
FY2024 Q4
$14.18B
+9.1%
$6.33
-21.2%
18.2%
FY2025 Q1
$13.35B
+3.6%
$3.29
-37.1%
10.0%
FY2025 Q2
$14.84B
+7.2%
$7.35
+34.6%
20.0%
FY2025 Q3
$16.15B
+8.7%
$6.99
+22.6%
17.3%
FY2025 Q4
$15.06B
+6.3%
$8.10
+28.0%
21.3%
FY2026 Q1Selected
$14.77B
+10.6%
$5.88
+78.7%
15.7%
FY2026 Q2
$15.82B
+6.6%
$7.30
-0.7%
18.0%
As stated by management
Management’s own words, often on a non-GAAP, constant-currency, or adjusted basis — so these can differ from the GAAP figures above (e.g. constant-currency revenue growth excludes currency swings).
EPS
“core operating earnings of $2.7 billion or $6.82 per share”
Revenue
“Total company net premiums grew 10.7% for the quarter to more than $14 billion”
Guidance
“We expect adjusted net investment income in the second quarter to be between $1.825 billion to $1.85 billion”
Key metric
“P&C underwriting income was $1.8 billion with a combined ratio of 84%”
Corporate events
Filed after the FY2026 Q1 call day (Apr 22, 2026) through the next call day (Jul 22, 2026)From SEC 8-K filings
No 8-K events recorded for this window.
negative🏢 sector
Property Pricing Deterioration Accelerating
Shared and layered property pricing down 25% heading to 30% in North America and London, while loss costs run at 4-5%. Chubb purposely shrank large account property book due to inadequate pricing.
PricingCompetitive Dynamics
positive📊 company
Adjusted NII Of $1.84B Up More Than 10%
Fixed income portfolio yield was 5.1% with new money rate of 5.5%. Invested assets reached $170 billion, up from $152 billion a year ago.
Revenue GrowthCapital Allocation
positive📊 company
International Retail P&C Premiums Up Over 15%
Overseas General grew 14.4% or 6.1% in constant dollar. Europe grew 17.5%, Asia more than 12%, Latin America almost 18%. Consumer-related premiums up over 20%.
Revenue GrowthGeographic Expansion
positive📊 company
Life And Worksite Benefits Driving Diversified Growth
Life premiums rose 37% and worksite benefits grew almost 16%. Life division produced $316 million of pretax income, up 8.5% or 11.5% adjusted for onetime items.
Revenue GrowthProduct Launch
mixed🌍 macro
Middle East Conflict Raising Macro Uncertainty
War raises the specter of higher inflation and slower economic growth. Impact on global supply chains, commodities and shipping will not be zero, but degree and timing are unknowable.
MacroeconomicSupply Chain
positive📊 company
AI And Agentics Accelerating Digital Transformation
Agentics and enterprise large language model solutions are evolving rapidly. Small commercial market is a real growth area over the next 5 years, both in North America and internationally.
if the insurance brokers collectively use AI to lower their own expenses or expand their margins. Does that provide an opportunity for companies like Chubb to reduce acquisition expenses?
What's causing the competition this time? Is it just simply what you've seen before and folks are getting excited about increasing their top line growth
GAAP revenue YoY +9.50% → base 7. The base score is anchored to the GAAP revenue YoY band before transcript, EPS, and guidance adjustments.
▸How this score was built
Base7Base 7GAAP revenue YoY +9.50% → base 7. The base score is anchored to the GAAP revenue YoY band before transcript, EPS, and guidance adjustments.+Transcript0Transcript 0GAAP revenue is clean for P&C underwriting-focused insurer. NWP grew 10.7% vs GAAP revenue 9.50%, divergence ~1.2 percentage points, below the 3 percentage points threshold for Tier 1. No adjustment needed.+EPS0EPS 0P&C Insurance sector rule: always use core/underlying EPS excluding catastrophe losses and prior-year reserve development. GAAP EPS YoY +80.85% is structurally meaningless, prior year Q1 was depressed by California wildfire losses ($3.29 GAAP EPS). Management stated 'excluding cat losses, core operating income was up 10.7% and EPS was up 13.5%'. Core EPS spread: 13.5 - 9.50 = +4.0 percentage points, inside ±5 percentage points.+Guidance0Guidance 0NII guidance of $1.825B-$1.85B for Q2 and tax rate guidance of 19.5-20% for full year are standard quarterly operational updates, not growth-metric guidance changes. No forward EPS or revenue guidance was raised, lowered, or introduced.=Final7
How this score was built
Base7Base 7GAAP revenue YoY +9.50% → base 7. The base score is anchored to the GAAP revenue YoY band before transcript, EPS, and guidance adjustments.+Transcript0Transcript 0GAAP revenue is clean for P&C underwriting-focused insurer. NWP grew 10.7% vs GAAP revenue 9.50%, divergence ~1.2 percentage points, below the 3 percentage points threshold for Tier 1. No adjustment needed.+
363.50
275.58
8
7
7
Oct 25Oct 26
EPS
0
EPS 0P&C Insurance sector rule: always use core/underlying EPS excluding catastrophe losses and prior-year reserve development. GAAP EPS YoY +80.85% is structurally meaningless, prior year Q1 was depressed by California wildfire losses ($3.29 GAAP EPS). Management stated 'excluding cat losses, core operating income was up 10.7% and EPS was up 13.5%'. Core EPS spread: 13.5 - 9.50 = +4.0 percentage points, inside ±5 percentage points.
+
Guidance0Guidance 0NII guidance of $1.825B-$1.85B for Q2 and tax rate guidance of 19.5-20% for full year are standard quarterly operational updates, not growth-metric guidance changes. No forward EPS or revenue guidance was raised, lowered, or introduced.
=
Final7
Mentions
Calendar Q1 2026
What CB said about other companies on its FY2026 Q1 call, and what other companies said about CB on their calls covering the same calendar quarter (Q1 2026). Each company's own fiscal quarter is shown next to its name. Extracted verbatim from public transcripts. Mentions from the newest quarter are a Pro feature.
“your partnership with KKR and some of the funds that you're putting together.”
Chubb has an asset-management partnership with KKR (part of its alternative-assets/Strategic Holdings strategy) that contributes to adjusted net investment income.
Assurant delivered its strongest first quarter on record, with total revenue up 11% and adjusted EBITDA up 6% and adjusted EPS up 9%, both excluding reportable catastrophes
Allstate delivered Q1 revenue of $16.9 billion up 3% with adjusted EPS of $10.65 as the underlying combined ratio improved 2.8 points to 80.3% and the recorded combined ratio reached 82% with underwriting income of $2.7 billion
Lemonade extended its growth acceleration streak to 10 consecutive quarters with IFP reaching $1.33 billion (+32% YoY), while the QS reinsurance transition propelled revenue up 71% to $258 million and gross profit up 159% to $100 million
Mercury General's Q1 2026 demonstrated the underlying strength of the franchise with a combined ratio of 89.3% and net income of $190 million ($3.44 per share), a dramatic reversal from the prior-year Q1 net loss of $108 million during the wildfire catastrophe
Progressive delivered 8.7% revenue growth with extraordinary profitability, maintaining personal auto combined ratios below 90 in nine of the last ten quarters
Root delivered its most profitable quarter ever with $36 million in net income and an annualized ROE of 47%, reversing the prior quarter's expectation of lower 2026 net income
Travelers delivered record underwriting income with a core ROE of 19.7%, generating $1.7 billion in core income as the combined ratio remained excellent at 88.6% despite elevated catastrophe activity
Assurant delivered its strongest first quarter on record, with total revenue up 11% and adjusted EBITDA up 6% and adjusted EPS up 9%, both excluding reportable catastrophes
Allstate delivered Q1 revenue of $16.9 billion up 3% with adjusted EPS of $10.65 as the underlying combined ratio improved 2.8 points to 80.3% and the recorded combined ratio reached 82% with underwriting income of $2.7 billion
Lemonade extended its growth acceleration streak to 10 consecutive quarters with IFP reaching $1.33 billion (+32% YoY), while the QS reinsurance transition propelled revenue up 71% to $258 million and gross profit up 159% to $100 million
Mercury General's Q1 2026 demonstrated the underlying strength of the franchise with a combined ratio of 89.3% and net income of $190 million ($3.44 per share), a dramatic reversal from the prior-year Q1 net loss of $108 million during the wildfire catastrophe
Progressive delivered 8.7% revenue growth with extraordinary profitability, maintaining personal auto combined ratios below 90 in nine of the last ten quarters
Root delivered its most profitable quarter ever with $36 million in net income and an annualized ROE of 47%, reversing the prior quarter's expectation of lower 2026 net income
Travelers delivered record underwriting income with a core ROE of 19.7%, generating $1.7 billion in core income as the combined ratio remained excellent at 88.6% despite elevated catastrophe activity