Chubb Limited Reports Third Quarter 2024 Results with Significant Growth in Net Income and Core Operating Income

Details

Both P&C underwriting and net investment income contributed to double-digit growth. Net premiums written were up 5.5%, with global P&C net premiums written increasing by 8.5% in constant dollars. Chubb also returned $782 million to shareholders through share repurchases and dividends. The company's book value per share and tangible book value per share increased by 8.0% and 12.8%, respectively, from the previous quarter.

Items reported

Exhibits (2)

About Chubb Ltd.

Chubb Ltd. is a prominent global insurance company that provides a comprehensive range of insurance products and services. Known for its extensive portfolio, Chubb offers commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance. With a focus on underwriting excellence and superior risk management, Chubb serves businesses of all sizes and individual clients across various industries, including healthcare, finance, manufacturing, and energy. Headquartered in Zurich, Switzerland, Chubb operates in 54 countries and territories, employing a network of experienced professionals and maintaining an extensive distribution system consisting of independent agents, brokers, and direct marketing. As a market leader, Chubb holds a significant role in the insurance sector, where it is recognized for its financial strength, claims resilience, and innovative product development. This enables the company to offer tailored solutions that meet the diverse risk management needs of an international clientele.