We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
What's in the Cards for Chubb Limited This Earnings Season?
Read MoreHide Full Article
Key Takeaways
Chubb Limited Q1 likely saw premium growth from strong retention, new business and broad product reach.
Investment income expected to rise on higher assets and reinvestment rates, boosting overall results.
Better pricing, exposure growth and underwriting discipline likely improved the combined ratio to 83.
Chubb Limited (CB - Free Report) is expected to register an improvement in both top and bottom lines when it reports first-quarter 2026 results on April 21, after market close.
The Zacks Consensus Estimate for CB’s first-quarter revenues is pegged at $14.85 billion, indicating 8.6% growth from the year-ago reported figure. The consensus estimate for earnings is pegged at $6.47 per share. The Zacks Consensus Estimate for CB’s first-quarter earnings has moved down 0.3% in the past 60 days. The figure suggests a year-over-year rise of 75.8%.
What the Zacks Model Unveils for CB
Our proven model does not conclusively predict an earnings beat for Chubb this time around. This is because a stock needs to have the right combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy), or 3 (Hold). This is not the case, as you can see below:
Earnings ESP: Chubb Limited has an Earnings ESP of -0.32%. This is because the Most Accurate Estimate of $6.45 is pegged lower than the Zacks Consensus Estimate of $6.47. You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter.
Its first-quarter top line is likely to have benefited from investment results as well as solid premium revenue growth, driven by a compelling product portfolio, strong retention and new business across most product lines as well as geographic presence. Its digital and AI efforts are expected to have added to the upside.
The high net-worth personal lines business is likely to have benefited from strong new business and retention, including positive rates and exposure increases across all lines.
Premiums at Life Insurance are expected to have gained from strong new business in North Asia, notably in Huatai, Hong Kong, Taiwan and Korea.
The Zacks Consensus Estimate for net premiums earned is pegged at $13 billion. We expect net premiums earned to be $12.9 billion, indicating a 7.7% year-over-year increase.
Net investment income is likely to have benefited from higher average invested assets and higher reinvestment rates on fixed maturities. Chubb Limited expects quarterly adjusted net investment income to be between $1.81 billion and $1.84 billion in the first quarter of 2026. We expect net investment income to be $2 billion in the to-be-reported quarter, indicating a 27.2% year-over-year increase. The Zacks Consensus Estimate is pegged at $1.8 billion, indicating an 18.8% year-over-year increase.
Better pricing and increased exposure, coupled with prudent underwriting, are expected to have aided underwriting profitability, which is expected to have led to an improvement in the combined ratio. The Zacks Consensus Estimate for the combined ratio is pegged at 83.
Expenses are expected to have increased because of higher policy acquisition costs, administrative expenses and interest expenses. We estimate the metric to be $11.4 billion.
Nevertheless, share buybacks in the to-be-reported quarter are likely to have aided the bottom line.
Stocks to Consider
Here are three P&C insurance stocks you may want to consider, as our model shows that these also have the right combination of elements to post an earnings beat:
Arch Capital Group Ltd. (ACGL - Free Report) has an Earnings ESP of +0.97% and a Zacks Rank #3 at present. The Zacks Consensus Estimate for first-quarter 2026 earnings is pegged at $2.46, indicating a year-over-year increase of 59.7%. You can see the complete list of today’s Zacks #1 Rank stocks here.
ACGL’s earnings beat estimates in each of the last four reported quarters.
RenaissanceRe Holdings Ltd. (RNR - Free Report) has an Earnings ESP of +4.62% and a Zacks Rank #3 at present. The Zacks Consensus Estimate for first-quarter 2026 earnings is pegged at $11.36, indicating a year-over-year increase of 862.42%.
RNR’s earnings beat estimates in three of the last four reported quarters and missed in one.
The Allstate Corporation (ALL - Free Report) has an Earnings ESP of +1.65% and a Zacks Rank #3 at present. The Zacks Consensus Estimate for first-quarter 2026 earnings is pegged at $7.61, indicating a year-over-year increase of 115.6%.
ALL’s earnings beat estimates in each of the last four reported quarters.
Zacks' 7 Best Strong Buy Stocks (New Research Report)
Valued at $99, click below to receive our just-released report
predicting the 7 stocks that will soar highest in the coming month.
View the Zacks #1 Rank List
Image: Bigstock
What's in the Cards for Chubb Limited This Earnings Season?
Key Takeaways
Chubb Limited (CB - Free Report) is expected to register an improvement in both top and bottom lines when it reports first-quarter 2026 results on April 21, after market close.
The Zacks Consensus Estimate for CB’s first-quarter revenues is pegged at $14.85 billion, indicating 8.6% growth from the year-ago reported figure. The consensus estimate for earnings is pegged at $6.47 per share. The Zacks Consensus Estimate for CB’s first-quarter earnings has moved down 0.3% in the past 60 days. The figure suggests a year-over-year rise of 75.8%.
What the Zacks Model Unveils for CB
Our proven model does not conclusively predict an earnings beat for Chubb this time around. This is because a stock needs to have the right combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy), or 3 (Hold). This is not the case, as you can see below:
Earnings ESP: Chubb Limited has an Earnings ESP of -0.32%. This is because the Most Accurate Estimate of $6.45 is pegged lower than the Zacks Consensus Estimate of $6.47. You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter.
Chubb Limited Price and EPS Surprise
Chubb Limited price-eps-surprise | Chubb Limited Quote
Zacks Rank: CB currently carries a Zacks Rank #3.
Factors Likely to Shape Q1 Results
Its first-quarter top line is likely to have benefited from investment results as well as solid premium revenue growth, driven by a compelling product portfolio, strong retention and new business across most product lines as well as geographic presence. Its digital and AI efforts are expected to have added to the upside.
The high net-worth personal lines business is likely to have benefited from strong new business and retention, including positive rates and exposure increases across all lines.
Premiums at Life Insurance are expected to have gained from strong new business in North Asia, notably in Huatai, Hong Kong, Taiwan and Korea.
The Zacks Consensus Estimate for net premiums earned is pegged at $13 billion. We expect net premiums earned to be $12.9 billion, indicating a 7.7% year-over-year increase.
Net investment income is likely to have benefited from higher average invested assets and higher reinvestment rates on fixed maturities. Chubb Limited expects quarterly adjusted net investment income to be between $1.81 billion and $1.84 billion in the first quarter of 2026. We expect net investment income to be $2 billion in the to-be-reported quarter, indicating a 27.2% year-over-year increase. The Zacks Consensus Estimate is pegged at $1.8 billion, indicating an 18.8% year-over-year increase.
Better pricing and increased exposure, coupled with prudent underwriting, are expected to have aided underwriting profitability, which is expected to have led to an improvement in the combined ratio. The Zacks Consensus Estimate for the combined ratio is pegged at 83.
Expenses are expected to have increased because of higher policy acquisition costs, administrative expenses and interest expenses. We estimate the metric to be $11.4 billion.
Nevertheless, share buybacks in the to-be-reported quarter are likely to have aided the bottom line.
Stocks to Consider
Here are three P&C insurance stocks you may want to consider, as our model shows that these also have the right combination of elements to post an earnings beat:
Arch Capital Group Ltd. (ACGL - Free Report) has an Earnings ESP of +0.97% and a Zacks Rank #3 at present. The Zacks Consensus Estimate for first-quarter 2026 earnings is pegged at $2.46, indicating a year-over-year increase of 59.7%. You can see the complete list of today’s Zacks #1 Rank stocks here.
ACGL’s earnings beat estimates in each of the last four reported quarters.
RenaissanceRe Holdings Ltd. (RNR - Free Report) has an Earnings ESP of +4.62% and a Zacks Rank #3 at present. The Zacks Consensus Estimate for first-quarter 2026 earnings is pegged at $11.36, indicating a year-over-year increase of 862.42%.
RNR’s earnings beat estimates in three of the last four reported quarters and missed in one.
The Allstate Corporation (ALL - Free Report) has an Earnings ESP of +1.65% and a Zacks Rank #3 at present. The Zacks Consensus Estimate for first-quarter 2026 earnings is pegged at $7.61, indicating a year-over-year increase of 115.6%.
ALL’s earnings beat estimates in each of the last four reported quarters.