Chubb (CB) Exceeds Q4 Earnings Expectations
[Para 1: The Lead] Chubb Corp. (CB) reported a significant beat in its Q4 earnings, surpassing Wall Street expectations. The insurer disclosed a net income of $3.21 billion, equating to $8.10 per share on a per-share basis, a 23% increase from the prior year. This surpasses analyst forecasts of $6.60 per share. [Para 2-3: Supporting details & Context] Chubb's revenue for the quarter stood at $15.07 billion, exceeding the forecast of $15.09 billion. For the fiscal year, the company reported a profit of $10.31 billion, or $25.68 per share, a 12% increase from the previous year. Revenue for the year was $59.96 billion. The strong performance is attributed to robust underwriting results and favorable market conditions.