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Chubb’s Hidden Life Insurance Surge: A 33% Premium Growth Story!

Chubb Limited reported a strong start to its fiscal year 2026, demonstrating resilience amid ongoing geopolitical uncertainties and a complex macroeconomic environment characterized by inflationary pressures and potential economic slowdowns. The company emphasized its globally diversified portfolio and disciplined underwriting approach as key strengths supporting its performance. For the first quarter, Chubb Limited delivered core operating earnings of $2.7 billion or $6.82 per share, representing substantial increases from the prior year’s quarter, which had been impacted by significant catastrophe losses related to California wildfires. Adjusted for such losses, core operating income rose 10.7% and earnings per share increased 13.5%. Tangible book value per share also grew notably by 21.5%. The company’s total net premiums increased 10.7%, underpinned by a 7.2% growth in Property and Casualty (P&C) premiums and a more than 33% increase in Life insurance premiums, both benefiting from favorable foreign exchange.