ZURICH (AP) — ZURICH (AP) — Chubb Corp. (CB) on Tuesday reported second-quarter profit of $2.97 billion.
On a per-share basis, the Zurich-based company said it had profit of $7.35. Earnings, adjusted for non-recurring gains, were $6.14 per share.
The results beat Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $5.89 per share.
The insurer posted revenue of $14.84 billion in the period. Its adjusted revenue was $14.81 billion, matching Street forecasts.
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