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    Chubb Ltd (CB)

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    Business Description

    Chubb Limited is a global insurance and reinsurance organization that operates through six business segments, providing a wide range of insurance products and services . The company offers property and casualty (P&C) insurance, accident and health (A&H) insurance, crop insurance, and life insurance, among other products . Chubb emphasizes product and geographic diversification, contributing to its stability in the face of industry volatility .

    1. North America Commercial P&C Insurance - Provides property and casualty (P&C) and accident and health (A&H) insurance to large, middle market, and small commercial businesses in the U.S., Canada, and Bermuda .
    2. Overseas General Insurance - Offers commercial and consumer P&C insurance in 51 countries outside North America .
    3. North America Personal P&C Insurance - Focuses on high net worth personal lines, offering products like homeowners and automobile insurance .
    4. Global Reinsurance - Provides reinsurance solutions to various clients .
    5. Life Insurance - Includes life and asset management businesses, with significant contributions from the Huatai Group acquisition .
    6. North America Agricultural Insurance - Provides crop insurance and other agricultural coverages .

    Key Metrics

    View all financials →
    Revenue by Segment - in Millions of USDFY 2013Q1 2014Q2 2014Q3 2014Q4 2014FY 2014Q1 2015Q2 2015Q3 2015Q4 2015FY 2015Q1 2016Q2 2016Q3 2016Q4 2016FY 2016Q1 2017Q2 2017Q3 2017Q4 2017FY 2017Q1 2018Q2 2018Q3 2018Q4 2018FY 2018Q1 2019Q2 2019Q3 2019Q4 2019FY 2019Q1 2020Q2 2020Q3 2020Q4 2020FY 2020Q1 2021Q2 2021Q3 2021Q4 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025
    North America Commercial P&C Insurance5,06418,4164,8804,9004,7356,07420,5894,787
    - Net Premiums Written-5,4651,633-1,452-20,0084,787
    North America Personal P&C Insurance1,5385,5361,4711,5121,4072,1426,5321,552
    North America Agricultural Insurance8973,1691286351,54042,703276
    Overseas General Insurance3,43812,2313,1982,9083,3114,55513,9723,903
    Global Reinsurance2579622953392394731,346408
    Life Insurance2,1535,3981,6111,2561,4422,0176,3261,720
    Corporate-0------
    Property and Other Short-Tail Lines----2,314---
    Commercial Casualty----2,548---
    Financial Lines----1,249---
    Workers' Compensation----539---
    Commercial Multiple Peril----433---
    Surety----188---
    Total Commercial P&C Lines----7,271-20,58910,926
    Agriculture----1,379---
    Personal Homeowners----1,287---
    Personal Automobile----624---
    Personal Other----509---
    Total Personal Lines----2,420-6,532-
    Global A&H - P&C----855-6,874-
    Reinsurance Lines----352-1,346-
    Total Property and Casualty Lines----12,277-45,179-
    Net Investment Income-4,9371,391---6,4651,561
    Total Revenue17,36950,64912,89412,29214,84911,43356,31113,353
    Revenue by Geography - in Millions of USDFY 2013Q1 2014Q2 2014Q3 2014Q4 2014FY 2014Q1 2015Q2 2015Q3 2015Q4 2015FY 2015Q1 2016Q2 2016Q3 2016Q4 2016FY 2016Q1 2017Q2 2017Q3 2017Q4 2017FY 2017Q1 2018Q2 2018Q3 2018Q4 2018FY 2018Q1 2019Q2 2019Q3 2019Q4 2019FY 2019Q1 2020Q2 2020Q3 2020Q4 2020FY 2020Q1 2021Q2 2021Q3 2021Q4 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025
    Europe, Middle East, and Africa7365,0281,8691,4091,347---
    Asia5,6248,2281,1611,1771,279---
    Latin America7742,743777697701---
    Other--285140---
    North America-29,713------
    - Japan--------
    Total Revenue28,55945,7123,8353,3343,367---
    KPIs - Metric (Unit, Scale)FY 2013Q1 2014Q2 2014Q3 2014Q4 2014FY 2014Q1 2015Q2 2015Q3 2015Q4 2015FY 2015Q1 2016Q2 2016Q3 2016Q4 2016FY 2016Q1 2017Q2 2017Q3 2017Q4 2017FY 2017Q1 2018Q2 2018Q3 2018Q4 2018FY 2018Q1 2019Q2 2019Q3 2019Q4 2019FY 2019Q1 2020Q2 2020Q3 2020Q4 2020FY 2020Q1 2021Q2 2021Q3 2021Q4 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025
    P&C Combined ratio for North America Commercial P&C Insurance (percentage)-81.6%85.9%85.9%86.5%---
    P&C Combined ratio for North America Personal P&C Insurance (percentage)-89.7%87.4%83.5%90.3%---
    P&C Combined ratio for North America Personal P&C Insurance (%)--------
    P&C Combined ratio (percentage)-95.4%56.6%94.4%90.4%---
    P&C Combined ratio for North America Agricultural Insurance (percentage)--------
    P&C Combined ratio for Overseas General Insurance (%)-85.3%83.8%86.1%86.0%---
    P&C Combined ratio for Overseas General Insurance (percentage)--------
    P&C Combined ratio for Global Reinsurance (%)-75.5%76.9%74.6%81.2%---
    P&C Combined ratio for Global Reinsurance (percentage)--------
    P&C Combined ratio (Percentage)-86.5%86.0%86.8%87.7%---
    P&C Combined ratio for Total P&C (percentage)--------
    Combined ratio - North America Personal P&C (percentage)--------
    Combined ratio - North America Commercial P&C (percentage)--------
    Combined ratio - North America Agricultural Insurance (percentage)--------
    Combined ratio - Overseas General Insurance (percentage)--------
    Combined ratio - Global Reinsurance (percentage)--------
    Loss and loss expense ratio for North America Commercial P&C Insurance (percentage)-61.1%65.1%62.7%63.9%---
    Loss and loss expense ratio for North America Personal P&C Insurance (percentage)-63.4%61.1%57.9%55.8%---
    Loss and loss expense ratio for North America Agricultural Insurance (percentage)-90.7%38.6%86.8%84.1%---
    Loss and loss expense ratio (percentage)--------
    Loss and loss expense ratio for Overseas General Insurance (percentage)-49.9%47.7%52.7%51.2%---
    Loss and loss expense ratio (%, percentage)--------
    Loss and loss expense ratio for Global Reinsurance (percentage)-44.3%46.3%45.7%48.4%---
    Loss and loss expense ratio (%)--------
    Loss and loss expense ratio for Total P&C (percentage)-60.6%58.1%60.6%64.0%---
    Loss and loss expense ratio for Total P&C (%)--------
    Policy acquisition and administrative expense ratio for North America Commercial P&C Insurance (percentage)-20.5%20.8%20.2%20.3%---
    Policy acquisition and administrative expense ratio for North America Agricultural Insurance (percentage)--------
    Underwriting and administrative expense ratio (percentage)--------
    Policy acquisition and administrative expense ratio for North America Personal P&C Insurance (percentage)-26.3%26.3%25.6%25.5%---
    Policy acquisition and administrative expense ratio (percentage)-4.7%10.7%7.6%7.4%---
    Policy acquisition and administrative expense ratio for Overseas General Insurance (percentage)-35.4%36.1%35.5%34.8%---
    Policy acquisition and administrative expense ratio for Global Reinsurance (percentage)-31.2%29.4%27.0%31.1%---
    Policy acquisition and administrative expense ratio (%)-25.9%27.4%26.2%24.4%---
    Policy acquisition and administrative expense ratio for Total P&C (percentage)--------
    CAY P&C Combined ratio ex CATs for North America Commercial P&C Insurance (percentage)-80.5%82.0%80.7%80.8%---
    CAY P&C Combined ratio ex CATs (percentage)-83.9%83.7%83.2%83.4%---
    CAY P&C Combined ratio ex CATs for North America Personal P&C Insurance (percentage)-80.1%79.3%78.6%78.7%---
    CAY P&C Combined ratio ex CATs for North America Agricultural Insurance (percentage)-94.4%83.9%87.5%88.4%---
    CAY P&C Combined ratio ex CATs for Overseas General Insurance (percentage)-85.1%85.8%85.3%84.8%---
    CAY P&C Combined ratio ex CATs for Global Reinsurance (percentage)-77.9%78.4%77.0%75.8%---
    CAY P&C Combined ratio ex CATs for Global Reinsurance (%)--------
    CAY P&C Combined ratio ex CATs (%, Total P&C)--------
    CAY P&C Combined ratio ex CATs for Total P&C (%)--------
    Modeled Net Probable Maximum Loss (PML) Pre-tax - Worldwide 1-in-10 (millions of U.S. dollars)-2,4972,7262,7962,862---
    Modeled Annual Aggregate Net PML - 1-in-100 (millions of USD)--------
    Modeled Annual Aggregate Net PML - 1-in-250 (millions of USD)--------
    Modeled Net Probable Maximum Loss (PML) Pre-tax - Worldwide 1-in-100 (millions of U.S. dollars)-5,6135,1795,2825,489---
    Modeled Net Probable Maximum Loss (PML) Pre-tax - Worldwide 1-in-100 (millions of U.S. dollars) - U.S. Hurricanes--------
    Modeled Net Probable Maximum Loss (PML) Pre-tax - Worldwide 1-in-100 (millions of U.S. dollars) - California Earthquakes--------
    Modeled Net Probable Maximum Loss (PML) Pre-tax - Worldwide 1-in-250 (millions of U.S. dollars)-9,2178,0528,1808,583---
    Modeled Net Probable Maximum Loss (PML) Pre-tax - Worldwide 1-in-250 (millions of U.S. dollars) - U.S. Hurricane--------
    Modeled Net Probable Maximum Loss (PML) Pre-tax - Worldwide 1-in-250 (millions of U.S. dollars) - California Earthquake--------
    Modeled Net Probable Maximum Loss (PML) Pre-tax - U.S. Hurricane 1-in-10 (millions of U.S. dollars)-1,3731,4921,5731,623---
    Modeled Annual Aggregate Net PML Pre-tax - U.S. Hurricane 1-in-100 (millions of U.S. dollars)--------
    Modeled Net Probable Maximum Loss (PML) Pre-tax - U.S. Hurricane 1-in-100 (millions of U.S. dollars)-3,8273,5013,6363,786---
    Modeled Net Probable Maximum Loss (PML) Pre-tax - U.S. Hurricane 1-in-250 (millions of U.S. dollars)-7,0415,5675,7186,109---
    Modeled Net Probable Maximum Loss (PML) Pre-tax - California Earthquake 1-in-10 (millions of U.S. dollars)-155164165169---
    Modeled Annual Aggregate Net PML - California Earthquake 1-in-100 (millions of U.S. dollars)--------
    Modeled Annual Aggregate Net PML - California Earthquake 1-in-250 (millions of U.S. dollars)--------
    Modeled Net PML - California Earthquake 1-in-100 (millions of U.S. dollars)--------
    Modeled Net PML - California Earthquake 1-in-250 (millions of U.S. dollars)--------
    Modeled Net Probable Maximum Loss (PML) Pre-tax - California Earthquake 1-in-100 (millions of U.S. dollars)-1,4261,8431,8741,878---
    Modeled Net Probable Maximum Loss (PML) Pre-tax - California Earthquake 1-in-250 (millions of U.S. dollars)-1,6912,0982,1572,170---
    GMDB net amount at risk (reinsurance covering GMDB risk only) (millions of U.S. dollars)-252222216213---
    Claims at 100% immediate mortality (millions of U.S. dollars)-136133131130---
    Claims at 100% immediate mortality (reinsurance covering GMDB risk only) (+20%) (millions of U.S. dollars)--------
    Claims at 100% immediate mortality (reinsurance covering GMDB risk only) (Flat) (millions of U.S. dollars)--------
    Claims at 100% immediate mortality (reinsurance covering GMDB risk only) (-20%) (millions of U.S. dollars)--------
    Claims at 100% immediate mortality (reinsurance covering GMDB risk only) (-40%) (millions of U.S. dollars)--------
    Claims at 100% immediate mortality (reinsurance covering GMDB risk only) (-60%) (millions of U.S. dollars)--------
    Claims at 100% immediate mortality (reinsurance covering GMDB risk only) (-80%) (millions of U.S. dollars)--------
    Claims at 100% immediate mortality (reinsurance covering GMDB risk only) (+20%)--------
    Claims at 100% immediate mortality (reinsurance covering GMDB risk only) (Flat)--------
    Claims at 100% immediate mortality (reinsurance covering GMDB risk only) (-20%)--------
    Claims at 100% immediate mortality (reinsurance covering GMDB risk only) (-40%)--------
    Claims at 100% immediate mortality (reinsurance covering GMDB risk only) (-60%)--------
    Claims at 100% immediate mortality (reinsurance covering GMDB risk only) (-80%)--------
    GLB net amount at risk (reinsurance covering GLB risk only) (millions of U.S. dollars, +20% equity shock)-846779759745---
    GLB net amount at risk (reinsurance covering GLB risk only) (millions of U.S. dollars, Flat equity shock)-1,1361,023996975---
    GLB net amount at risk (reinsurance covering GLB risk only) (millions of U.S. dollars, -20% equity shock)-1,5961,4111,3651,339---
    GLB net amount at risk (reinsurance covering GLB risk only) (millions of U.S. dollars, -40% equity shock)-2,1211,9701,8971,851---
    GLB net amount at risk (reinsurance covering GLB risk only) (millions of U.S. dollars, -60% equity shock)-2,4862,2962,2052,155---
    GLB net amount at risk (reinsurance covering GLB risk only) (millions of U.S. dollars, -80% equity shock)-2,7672,5562,4752,418---
    GLB net amount at risk (reinsurance covering GLB risk only) (millions of U.S. dollars)--------
    GLB net amount at risk (reinsurance covering GLB risk only) (millions of U.S. dollars) (+20%)--------
    GLB net amount at risk (reinsurance covering GLB risk only) (millions of U.S. dollars) (Flat)--------
    GLB net amount at risk (reinsurance covering GLB risk only) (millions of U.S. dollars) (-20%)--------
    GLB net amount at risk (reinsurance covering GLB risk only) (millions of U.S. dollars) (-40%)--------
    GLB net amount at risk (reinsurance covering GLB risk only) (millions of U.S. dollars) (-60%)--------
    GLB net amount at risk (reinsurance covering GLB risk only) (millions of U.S. dollars) (-80%)--------
    GMDB net amount at risk (reinsurance covering both GMDB and GLB) (millions of U.S. dollars)-41363535---
    GLB net amount at risk (reinsurance covering both GMDB and GLB) (millions of U.S. dollars)-351319305296---
    GLB net amount at risk (millions of U.S. dollars)--------
    Claims at 100% immediate mortality (reinsurance covering both GMDB and GLB) (millions of U.S. dollars)-30282726---
    Claims at 100% immediate mortality (millions of U.S. dollars) (+20%)--------
    Claims at 100% immediate mortality (millions of U.S. dollars) (Flat)--------
    Claims at 100% immediate mortality (millions of U.S. dollars) (-20%)--------
    Claims at 100% immediate mortality (millions of U.S. dollars) (-40%)--------
    Claims at 100% immediate mortality (millions of U.S. dollars) (-60%)--------
    Claims at 100% immediate mortality (millions of U.S. dollars) (-80%)--------

    Leadership

    NamePositionExternal RolesShort Bio

    Evan G. Greenberg

    ExecutiveBoard

    Chairman and Chief Executive Officer

    None

    Evan G. Greenberg has been with Chubb since 2001, serving as CEO since 2004. He has over 45 years of leadership experience in the insurance industry.

    		View Report →

    Annmarie Hagan

    Executive

    Chief Financial Officer of Operations & Technology and Transformation

    None

    Annmarie Hagan joined Chubb in 2014 and has held various executive leadership positions, including CFO for Cigna Corp.

    Bryce L. Johns

    Executive

    Senior Vice President, Chubb Group and President, Chubb Life

    None

    Bryce L. Johns joined Chubb in 2022 and has a distinguished career in insurance and financial services.

    Christopher Maleno

    Executive

    Vice Chairman, North America Insurance

    None

    Christopher Maleno has over 35 years of insurance industry experience and has played a pivotal role in managing Chubb's North America Field Operations.

    Frances D. O'Brien

    Executive

    Executive Vice President, Chubb Group, and Chief Risk Officer

    None

    Frances D. O'Brien has over 40 years of experience in the insurance industry and has been with Chubb since 2016.

    George Ohsiek

    Executive

    Vice President, Chubb Group and Chief Accounting Officer

    None

    George Ohsiek joined Chubb in 2008 and has over 25 years of accounting and finance experience.

    John J. Lupica

    Executive

    Executive Chairman of North America Insurance

    None

    John J. Lupica joined Chubb in 2000 and has played a significant role in overseeing Chubb's general insurance business in North America.

    John W. Keogh

    Executive

    President and Chief Operating Officer

    None

    John W. Keogh joined Chubb in 2006 and has held various senior leadership roles, contributing to Chubb's growth and global insurance operations.

    Joseph F. Wayland

    Executive

    Executive Vice President, General Counsel, and Secretary

    None

    Joseph F. Wayland has been with Chubb since 2013 and has significant legal experience, including roles at the U.S. Department of Justice.

    Juan Luis Ortega

    Executive

    President, North America Insurance

    None

    Juan Luis Ortega joined Chubb in 1999 and has led Chubb's international P&C operations, delivering outstanding financial results.

    Mong-Diep "Dee" Le

    Executive

    Chief Auditor

    None

    Mong-Diep "Dee" Le has been with Chubb for over 25 years and has extensive expertise in corporate finance, accounting, and reporting.

    Peter C. Enns

    Executive

    Executive Vice President and Chief Financial Officer

    None

    Peter C. Enns joined Chubb in 2021 and has over 30 years of experience in finance and investment banking.

    Scott Meyer

    Executive

    Chief Operating Officer, North America Insurance

    None

    Scott Meyer has nearly 35 years of insurance industry experience and has held major leadership roles within Chubb.

    David H. Sidwell

    Board

    Director

    None

    David H. Sidwell has been a director at Chubb since 2014 and has extensive expertise in accounting, finance, and capital markets.

    Frances F. Townsend

    Board

    Director

    Lead Independent Director at Leonardo DRS, Inc.; Director at Freeport-McMoRan Inc.

    Frances F. Townsend has extensive experience in public policy, government, regulatory, and legal matters.

    Michael G. Atieh

    Board

    Director

    Director and Chairman of the Audit Committee at Immatics N.V.

    Michael G. Atieh has been a director at Chubb since 1991 and brings extensive experience in finance, operations, and governance.

    Michael L. Corbat

    Board

    Director

    Senior Advisor at 26North Partners; Founder of Teton Advisors LLC

    Michael L. Corbat joined Chubb's Board in 2023 and has extensive expertise in financial services and risk management.

    Michael P. Connors

    Board

    Independent Lead Director

    Chairman and CEO of Information Services Group, Inc.

    Michael P. Connors has been a director at Chubb since 2011 and serves as the Independent Lead Director.

    Nancy K. Buese

    Board

    Director

    CFO of Baker Hughes Company

    Nancy K. Buese joined Chubb's Board in 2023 and has over 25 years of finance leadership experience.

    Olivier Steimer

    Board

    Director

    Board Member at Allreal Holding AG; Board Member at Bank Lombard Odier & Co. Ltd.

    Olivier Steimer has been a director at Chubb since 2008 and provides valuable insights into the Swiss commercial and insurance sectors.

    Robert J. Hugin

    Board

    Director

    Director at Biohaven Pharmaceutical Holding Company Ltd.

    Robert J. Hugin has been a director at Chubb since 2020 and has led Celgene Corporation through significant growth.

    Robert W. Scully

    Board

    Director

    Director at KKR & Co. Inc.; Director at Zoetis Inc.

    Robert W. Scully has been a director at Chubb since 2014 and brings extensive expertise in capital markets and risk management.

    Sheila P. Burke

    Board

    Director

    Faculty Research Fellow at Harvard University; Senior Public Policy Advisor at Baker Donelson

    Sheila P. Burke has been a director at Chubb since 2016 and brings extensive knowledge of public policy matters.

    Theodore E. Shasta

    Board

    Director

    Director at MBIA, Inc.

    Theodore E. Shasta has been a director at Chubb since 2010 and brings 25 years of experience covering the insurance industry as a financial analyst.

    Questions to Ask Management

    1. Can you provide more detail on the $59 million of unfavorable development in long-tail lines, particularly in general casualty, and explain how you plan to address this issue?

    2. With premiums in financial lines down 6.2% and low single-digit rate decreases, can you elaborate on the profitability of your D&O business and the outlook for this segment?

    3. Given the increased competition and rate pressure in the shared and layered property market, especially due to what you describe as "aberrant" behavior in the London market, how do you anticipate this will impact your underwriting margins and what strategies are you implementing to maintain profitability?

    4. Despite strong cash flows and record capital levels, you stated a "steady as she goes" approach to capital management; can you discuss why there is no change in your view on share repurchases versus special dividends, particularly with the appreciating stock price?

    5. You expressed confidence in your ability to continue growing above trend without providing forward guidance; given the rate pressures in some lines and potential economic headwinds, what underpins this confidence in sustaining above-trend growth?

    Share Repurchase Program

    Program DetailsProgram 1Program 2
    Approval DateMay 19, 2022 July 1, 2023
    End Date/DurationJune 30, 2023 No expiration date
    Total additional amount$2.5 billion $5.0 billion
    Remaining authorization$0 (allocated to Program 2)$2.4 billion
    DetailsN/AOffset dilution from stock options

    Debt Maturity Schedule

    YearAmount Due (Millions)Debt TypeInterest Rate (%)% of Total Debt
    2024700Senior Notes3.354.3% = (700 / 16,440) * 100
    2029700Senior Notes4.654.3% = (700 / 16,440) * 100
    20341,000Senior Notes5.006.1% = (1,000 / 16,440) * 100
    2034600Senior Notes5.003.6% = (600 / 16,440) * 100

    Customer Concentration

    CustomerRelationshipSegmentDetails

    Marsh & McLennan Companies, Inc.

    Broker

    All

    Accounted for ~11% of Chubb's gross premiums written for the years ended December 31, 2024, 2023, and 2022. No dollar amount provided (N/A).

    Auditor

    NameStart DateEnd DateReason for Change
    PricewaterhouseCoopers LLP1985 PresentCurrent auditor

    Recent Mergers & Acquisitions

    Notable M&A activity and strategic investments in the past 3 years.

    CompanyYearDetails

    Huatai Group

    2024

    Chubb increased its ownership interest in Huatai Group to 85.5% by acquiring an incremental 9.0% interest for a total of $555 million (with $236 million paid in 2024) and recorded significant goodwill ($3,458 million) and other intangibles ($1,655 million). The strategic rationale was to expand its presence in the Chinese market by integrating Huatai’s life insurance, asset management, and P&C capabilities, with financing provided through available cash and full consolidation effective July 1, 2023.

    Healthy Paws Pet Insurance LLC

    2024

    Chubb acquired Healthy Paws Pet Insurance LLC on May 31, 2024 for approximately $300 million in cash, recognizing $256 million in goodwill and $39 million in intangible assets. This strategic move, building on a longstanding underwriting relationship since 2013, positions Chubb to expand into a niche pet insurance market under its North America Commercial Insurance segment.

    Cigna's Accident and Health and Life Insurance Business in Asia-Pacific Markets

    2022

    Chubb completed the acquisition of Cigna's A&H and Life Insurance Business in six Asia-Pacific markets on July 1, 2022 for $5.36 billion in cash, later adjusted for market factors. The deal expanded Chubb’s footprint into key markets (Korea, Taiwan, New Zealand, Thailand, Hong Kong, Indonesia) and generated $1,340 million in goodwill, with additional integration costs and planned expense synergies supporting its long-term growth strategy.

    Latest news

    Recent press releases and 8-K filings for CB.

    Chubb Ltd AGM Updates: Capital Renewal, Dividend Increase & Share Buyback Program
    •CB
    Proxy Vote Outcomes
    Dividends
    Share Buyback
    Board Change
    Auditor Change
    • Capital Band Renewal: Shareholders approved a renewal enabling a 20% adjustment in share capital until May 15, 2026, as part of amendments to the Articles of Association .
    • Dividend Increase: Announced a 6.6% annual dividend increase to $3.88 per share (or $0.97 quarterly), marking the 32nd consecutive annual increase .
    • Share Buyback Program: The board authorized a new $5 billion share repurchase program effective July 1, 2025, while maintaining the existing program through June 30, 2025 .
    • AGM Proxy Vote Outcomes: Decisive proxy vote results on management reports, director elections, and auditor appointments underscored key governance updates .
    May 16, 2025, 12:00 AM
    8-KPress Release
    Chubb Announces Q1 2025 Earnings Results
    •CB
    Earnings
    Dividends
    M&A
    • Strong operational performance was achieved with core operating income of $1.5 billion despite significant catastrophe losses, including a $1.6 billion impact from California wildfires.
    • The company delivered robust underwriting and premium growth across global P&C and Life divisions with constant dollar improvements and a combined ratio of 95%.
    • Solid balance sheet metrics were reported with a book value of $65.7 billion, adjusted operating cash flow of $2 billion, and $751 million returned to shareholders through repurchases and dividends.
    • Strategic investments were highlighted, including the acquisition of Liberty Mutual's business in Highland and Vietnam to strengthen international growth prospects.
    Apr 23, 2025, 12:31 PM
    Transcript
    Chubb Ltd Q1 2025 Earnings and Financial Results
    •CB
    Earnings
    Revenue Acceleration/Inflection
    • Reported Net income of $1.33B and core operating income of $1.49B for Q1 2025, impacted by catastrophe losses including $1.47B from California wildfires.
    • Delivered net income per share of $3.29 and core operating income per share of $3.68, reflecting solid operating performance.
    • Achieved consolidated net premiums written of $12.6B with a 5.7% growth in constant dollars, while P&C net premiums reached $10.93B.
    • Maintained a P&C combined ratio of 95.7% (or 82.3% excluding catastrophe losses and prior period development).
    • Generated underwriting income of $441M and witnessed Life Insurance net premiums written grow by 10.3% in constant dollars.
    Apr 22, 2025, 12:00 AM
    Press Release8-K
    Chubb Ltd Completes Share Capital Reduction
    •CB
    Share Buyback
    • Chubb Ltd’s Board of Directors completed a share capital reduction of CHF 3,759,282.50 by canceling 7,518,565 treasury shares repurchased in 2024.
    • The amendment to the Articles of Association reduced the share capital from CHF 209,812,993 (419,625,986 shares) to CHF 206,053,710.50 (412,107,421 shares), effective upon registration with the Zurich Commercial Register.
    Mar 10, 2025, 12:00 AM
    8-K