CB Earnings Predictions — 2026-07-21

Ticker Report or Guide KPI Prediction Answer Confidence
CB Report Core operating EPS BEAT pred ~$7.08 vs. cons $6.72 MEDIUM
CB Report P&C current-accident-year combined ratio excluding catastrophes BEAT pred ~82.2% vs. cons 82.6% MEDIUM
CB Report Consolidated net premiums written MISS pred ~$14.78B vs. cons $14.98B MEDIUM
CB Guide Adjusted net investment income BETTER guide ~$1.87B vs. cons $1.84B (3Q26) MEDIUM
CB Guide North America large-account property pricing LOWER guide ~-30% rate change vs. cons ~-20% (2H26) HIGH
CB Guide Core operating effective tax rate UNCHANGED guide ~19.75% vs. cons 19.70% (FY26) HIGH
CB Return Day-1 residual (stock − beta × S&P 500) +2.1% MEDIUM
CB Return 5-day cumulative residual +2.8% (FOLLOW-THROUGH) A ~$7.08 EPS result versus $6.72 consensus and an ~82.2% underlying combined ratio versus 82.6% should drive modest 2026-27 core-EPS revisions; the ~$14.78B premium result versus $14.98B is acceptable if explicitly tied to deliberate property shrinkage rather than broader demand weakness. MEDIUM