Chubb Limited Reports First Quarter 2025 Results with Lowered Earnings and Premiums

Details

Consolidated net premiums written increased by 3.5% to $12.646 billion, with Property & Casualty (P&C) premiums up by 3.2% to $10.926 billion. However, net investment income decreased, and significant catastrophe losses, primarily from the California wildfires, adversely impacted the P&C underwriting income, leading to a higher combined ratio of 95.7%. The company also returned $751 million to shareholders through share repurchases and dividends.

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.