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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

業績電話會議摘要 | 安達有限公司(CB.US)2024 年第一季度業績發佈會
moomoo AI ·  04/24 14:48  · 電話會議

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

以下是安達有限公司(CB)2024年第一季度業績電話會議記錄摘要:

Financial Performance:

財務業績:

  • 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%.

  • 安達報告稱,2024年第一季度核心營業收入增長了20%以上,達到22億美元,每股收益增長了近23%,達到5.41美元。

  • 由於強勁的保費增長和穩健的承保利潤率,財產和意外承保收入增長了15%以上,合併比率爲86%。

  • 投資收益增長了23%以上,淨投資收益接近15億美元。

  • 人壽保險收入增長了近10%,投資回報率爲13.7%,有形資產回報率接近22%。

Business Progress:

業務進展:

  • 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.

  • 全球合併淨保費增長了14%以上,全球財產和保險(不包括農業)的淨保費增長了13.3%。

  • 在亞洲業務的推動下,人壽保險和存款大幅增長了39%以上。

  • 國際業務增長強勁,保費按固定美元計算增長了17.5%。

  • 得益於嚴格的承保紀律和積極的風險管理,持續實現強勁的財務業績。

  • 公司在維持承保紀律方面保持警惕,準備撤出風險敞口定價不充分的市場,並繼續加強對客戶的服務。

  • 由於安達擁有過剩的風險和機會資本,因此可能的併購活動。

  • 對數據和分析能力的投資繼續增強定價、風險選擇和損失趨勢預測能力。

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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