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Earnings Call Summary | Chubb Ltd(CB.US) Q1 2024 Earnings Conference

Earnings Call Summary | Chubb Ltd(CB.US) Q1 2024 Earnings Conference

财报电话会议摘要 | 安达有限公司(CB.US)2024 年第一季度业绩发布会
moomoo AI ·  04/24 14:48  · 电话会议

The following is a summary of the Chubb Limited (CB) Q1 2024 Earnings Call Transcript:

以下是安达有限公司(CB)2024年第一季度财报电话会议记录摘要:

Financial Performance:

财务业绩:

  • Chubb reported a Q1 2024 core operating income increase of over 20% to $2.2 billion, with EPS increasing nearly 23% to $5.41.

  • P&C underwriting income up by over 15% due to strong premium growth and solid underwriting margins, combined ratio of 86%.

  • Increased investment income, up by over 23%, net investment income of nearly $1.5 billion.

  • Life insurance income rose by almost 10% and achieved an ROE of 13.7% with a return on tangible equity of nearly 22%.

  • 安达报告称,2024年第一季度核心营业收入增长了20%以上,达到22亿美元,每股收益增长了近23%,达到5.41美元。

  • 由于强劲的保费增长和稳健的承保利润率,财产和意外承保收入增长了15%以上,合并比率为86%。

  • 投资收益增长了23%以上,净投资收益接近15亿美元。

  • 人寿保险收入增长了近10%,投资回报率为13.7%,有形资产回报率接近22%。

Business Progress:

业务进展:

  • Consolidated net premiums rose over 14% globally, net premiums for Global P&C (excluding agriculture) increased by 13.3%.

  • Substantial growth of over 39% in life insurance and deposits, driven by Asian business.

  • Strong international operations growth with premiums increasing by 17.5% in constant dollars.

  • Continued delivery of strong financial results due to robust underwriting discipline and proactive risk management.

  • Company remains vigilant in maintaining underwriting discipline, ready to pull back from markets where risk exposure isn't adequately priced, and continues to enhance services for customers.

  • Possible M&A activities as Chubb possesses excess capital for both risk and opportunities.

  • Investments in data and analytics capabilities continue to enhance pricing, risk selection, and loss trend forecasting abilities.

  • 全球合并净保费增长了14%以上,全球财产和保险(不包括农业)的净保费增长了13.3%。

  • 在亚洲业务的推动下,人寿保险和存款大幅增长了39%以上。

  • 国际业务增长强劲,保费按固定美元计算增长了17.5%。

  • 得益于严格的承保纪律和积极的风险管理,持续实现强劲的财务业绩。

  • 公司在维持承保纪律方面保持警惕,准备撤出风险敞口定价不充分的市场,并继续加强对客户的服务。

  • 由于安达拥有过剩的风险和机会资本,因此可能的并购活动。

  • 对数据和分析能力的投资继续增强定价、风险选择和损失趋势预测能力。

More details: Chubb Ltd IR

Tips: This article is generated by AI. The accuracy of the content can not be fully guaranteed. For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.

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