💨 Abstract

Chubb Corp. reported a first-quarter net income of $1.33 billion, surpassing Wall Street expectations with earnings of $3.68 per share. Revenue was $13.35 billion, though adjusted revenue fell short of estimates. Shares have climbed 5% this year and finished the day at $290.42, marking a 15% increase in the last 12 months.

Courtesy: wtop.com

Summarized by Einstein Beta 🤖