ZURICH (AP) — ZURICH (AP) — Chubb Corp. (CB) on Tuesday reported third-quarter earnings of $2.8 billion.
On a per-share basis, the Zurich-based company said it had net income of $6.99. Earnings, adjusted for non-recurring costs, were $7.49 per share.
The results topped Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $5.94 per share.
The insurer posted revenue of $16.15 billion in the period. Its adjusted revenue was $16.14 billion, also beating Street forecasts. Five analysts surveyed by Zacks expected $15.88 billion.
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