Computed from published fixed rules, not a model's judgement — though one input, the count of high-severity risks, comes from the AI analysis below.
Not investment advice and not a price target: it scores the quarter's fundamentals, not the stock. Full methodology →
AI Takeaway
Chubb Limited delivered a strong Q1 2026 with revenue rising 10.6% YoY to $14.77B and net income surging 74.3% to $2.32B, driven by robust underwriting performance and significantly higher operating cash flow of $3.95B.
Revenue
$14.77B
+10.63% YoY
EPS (Diluted)
$5.88
+78.72% YoY
Source: SEC XBRL
Chubb (CB) reported Q1 FY2026 revenue of $14.77B, up 10.6% year over year. Operating cash flow was $3.95B, up 152.0% year over year. CB's fiscal Q1 FY2026 corresponds to calendar Q1 2026.
Last 4 quarters: 4 beats
| Quarter | Actual EPS (USD) | Consensus (USD) | Result |
|---|---|---|---|
| Jun 2026 | 7.26 | 6.95 | Beat +4.4% |
| Mar 2026This filing | 6.82 | 6.80 | Beat +0.3% |
| Dec 2025 | 7.52 | 6.98 | Beat +7.7% |
| Sep 2025 | 7.49 | 6.33 | Beat +18.2% |
Adjusted (non-GAAP) EPS of $6.82 versus the $6.80 analyst consensus — a +0.3% beat for Mar 2026. Analyst consensus is quoted on the adjusted (non-GAAP) basis the street uses. GAAP diluted EPS for this quarter was $5.88.
Compiled by AI from this SEC filing
Total revenue grew 10.6% year-over-year from $13.35B to $14.77B in Q1 2026, reflecting continued premium growth across Chubb's diversified global insurance and reinsurance operations.
Source: 10-Q Financial Data, Income Statement
Net income surged 74.3% YoY from $1.33B to $2.32B, with basic EPS jumping from $3.32 to $5.94 (+78.9%), suggesting a meaningful improvement in underwriting profitability and/or investment income relative to the prior-year period.
Source: 10-Q Financial Data, Income Statement
Operating cash flow increased 152.0% YoY from $1.57B to $3.95B, indicating significantly stronger cash generation from core insurance operations and favorable claims/premium timing dynamics.
Source: 10-Q Financial Data, Cash Flow Statement
Total assets grew 9.4% YoY to $275.46B while stockholders' equity increased 12.3% to $73.79B, reflecting retained earnings accumulation and a strengthening capital base to support continued underwriting growth.
Source: 10-Q Financial Data, Balance Sheet
Share buybacks increased 69.9% YoY to $1.17B in Q1 2026, demonstrating management's confidence in the company's financial strength and commitment to returning capital to shareholders.
Source: 10-Q Financial Data, Cash Flow Statement
Compiled by AI from this SEC filing · 1 high, 3 medium, 1 low
Chubb's debt-to-equity ratio stands at 2.65x, reflecting the capital-intensive nature of the insurance business. While typical for large insurers, elevated leverage amplifies sensitivity to adverse reserve developments, catastrophe losses, or investment portfolio deterioration. Long-term debt rose 10.1% YoY to $15.97B.
Source: 10-Q Financial Data, Balance Sheet
As one of the world's largest property and casualty insurers, Chubb faces significant exposure to large-scale natural catastrophes and man-made disasters. A severe catastrophe season could materially compress underwriting margins and reverse the strong profitability trends seen in Q1 2026. This risk is inherent to the P&C insurance model and not fully hedgeable.
Source: 10-Q Financial Data, Income Statement
With total assets of $275.46B, a significant portion of Chubb's balance sheet is invested in fixed income and other financial instruments. Rising or volatile interest rates, credit spread widening, or equity market downturns could negatively impact investment income and unrealized gains, affecting both earnings and book value.
Source: 10-Q Financial Data, Balance Sheet
Insurance companies must estimate future claims liabilities, and adverse development on prior-year reserves could materially reduce net income. The 74.3% YoY surge in net income may partly reflect favorable reserve releases, which are not guaranteed to recur in future quarters.
Source: 10-Q Financial Data, Income Statement
Investing cash flow deteriorated sharply to -$2.84B from -$798M in the prior year period (-255.3% YoY), suggesting significantly higher capital deployment into investments or acquisitions. If these investments underperform, they could weigh on future returns and liquidity.
Source: 10-Q Financial Data, Cash Flow Statement
| Metric | Current | Previous | YoY Change |
|---|---|---|---|
Revenue $B | 14.77 $B | 13.35 $B | +10.63% |
Net Income $B | 2.32 $B | 1.33 $B | +74.31% |
EPS (Basic) $ | 5.94 $ | 3.32 $ | +78.92% |
EPS (Diluted) $ | 5.88 $ | 3.29 $ | +78.72% |
Answers draw on this SEC filing and the data on this page
In 2026-Q2, Chubb delivered 6.6% growth in total revenues to $15.8B and lower catastrophe losses, but net income attributable to Chubb declined 3.8% to $2.9B as lower private-equity mark-to-market gains and higher expenses more than offset underwriting and investment-income growth. Source: 10-Q Item 2 MD&A, p.53
CB (Chubb) delivered strong FY2025 results with revenue growing 6.5% to $59.4B and net income rising 11.2% to $10.3B, though operating cash flow declined 20.8% year-over-year.
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