Chubb Corp. (NYSE:CB) has reported its Q4 and 2012 results. The quarter saw a steep year-over-year fall in bottom line of 77%, due largely to the effects of last autumn's "super storm" Hurricane Sandy. Net came in at $102 million ($0.38 per share), as opposed to the $452 million of Q4 2011.   In spite of the drop, the net profit came as a surprise to the many analysts who expected the company to post an operating loss.

For the period, net premiums written totaled $2.91 billion, a slight decline from the $2.97 billion in the same period the previous year.

For 2012, Chubb saw a bottom line of $1.5 billion ($5.69 EPS), down from the $1.7 billion ($5.76) it posted in 2011. Net premiums written increased modestly, to $11.87 billion, from the previous year's $11.76 billion.

Looking forward, in fiscal 2013 the company expects an increase in net written premiums of 2%-4%, and an operating income of $6.40-$6.80 per share.