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Chubb Reports Strong Third Quarter Net Income Per Share and Record Operating Income Per Share
26 October 2016 —
Chubb Limited (NYSE: CB) today reported net income for the quarter ended September 30, 2016 of USD 1,360 million, or USD 2.88 per share, compared with USD 528 million, or USD 1.62 per share, for the same quarter last year. Operating income was USD 1,356 million, or USD 2.88 per share, compared with USD 897 million, or USD 2.74 per share, for the same quarter last year. The property and casualty (P&C) combined ratio for the quarter was 86.0%. Book value and tangible book value per share increased 2.4% and 5.5%, respectively, from June 30, 2016 and now stand at USD 103.96 and USD 60.26, respectively. Read the full story Chubb Reports Strong Third Quarter Net Income Per Share and Record Operating Income Per Share