Chubb Limited. (NYSE:CB) Q3 2024 Earnings Conference Call October 30, 2024 8:30 AM ET

Company Participants

Karen Beyer - Senior Vice President, Investor Relations
Evan Greenberg - Chairman & Chief Executive Officer
Peter Enns - Chief Financial Officer
Paul O'Connell - Chief Actuary Officer

Conference Call Participants

Bob Huang - Morgan Stanley
Brian Meredith - UBS Financial
David Motemaden - Evercore ISI
Yaron Kinar - Jefferies
Gregory Peters - Raymond James
Ryan Tunis - Autonomous Research
Alex Scott - Barclays
Andrew Kligerman - TD Cowen
Elyse Greenspan - Wells Fargo
Meyer Shields - KBW
Michael Zaremski - BMO

Operator

Thank you for standing by. And welcome to the Chubb Limited Third Quarter 2024 Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer session. [Operator Instructions] Thank you.

I’d now like to turn the call over to Karen Beyer, Senior Vice President, Investor Relations. You may begin.

Karen Beyer

Thank you and welcome everyone to our September 30, 2024 third quarter earnings conference call. Our report today will contain forward-looking statements including statements relating to company performance, pricing and business mix, growth opportunities and economic market conditions which are subject to risks and uncertainties and actual results may differ materially. Please see our recent SEC filings, earnings release and financial supplement which are available on our website@investors.chubb.com for more information on factors that could affect these matters.

We will also refer today to non-GAAP financial measures, reconciliations of which to the most direct comparable GAAP measures and related details are provided in our earnings Press release and financial supplements. Now I'd like to introduce our speakers. First we have Evan Greenberg, Chairman and Chief Executive Officer, followed by Peter Enns, our Chief Financial Officer, and then we'll take your questions.

Also with us to assist with your questions today are several members of our management team and now it's my pleasure to turn the call over to Evan.

Evan Greenberg

Good morning. As you've seen, we had another really great quarter with strong double digit growth in both P&C underwriting and investment income leading to core operating EPS growth of over 15.5%. Global P&C premium revenue, which excludes agriculture, grew 7.6% or 8.5% in constant dollars, which is the clearer way to view intrinsic growth and once again reflected the broad and diversified nature of our company and the opportunities we're capitalizing on around the world with strong contributions from our North America P&C International, P&C and life insurance businesses.