Chubb Limited (NYSE: CB) today reported net income for the quarter ended March 31, 2017 of USD 1,093 million, or USD 2.31 per share, compared with USD 439 million, or USD 0.97 per share, for the same quarter last year. Operating income was USD 1,175 million, or USD 2.48 per share, compared with USD 1,019 million, or USD 2.26 per share, for the same quarter last year. The property and casualty (P&C) combined ratio was 87.5% for the quarter. Book value per share increased 1.7% and tangible book value per share increased 3.1% from December 31, 2016 and now stand at USD 105.35 and USD 62.52, respectively.
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