Chubb LtdCB
▲ PositiveCapitalrelevance
Chubb reported 85.2% core operating income growth and authorized a $7.5 billion buyback.
Chubb Limited reported core operating income of $2.7 billion, or $6.82 per share, for the first quarter of 2026, an 85.2% year-over-year increase that exceeded the consensus estimate of $6.61. Consolidated net premiums written rose 10.7% to $14 billion, with Property & Casualty premiums up 7.2% and Life Insurance premiums surging 33.1%. The board also authorized a new $7.5 billion share repurchase program. Warren Buffett's Berkshire Hathaway has been steadily increasing its stake in Chubb, holding over 34 million shares as of the first quarter of 2026.
Chubb LtdChubb reported 85.2% core operating income growth and authorized a $7.5 billion buyback.
Berkshire Hathaway IncBerkshire Hathaway increased its stake in Chubb, indicating confidence in the company.
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