Chubb Reports Third Quarter 2026 Financial Results

Chubb Limited Reports Q3 2026 Financial Results

Chubb Limited (NYSE: CB) filed Form 8-K under Item 2.02 detailing its operating and financial results for the third quarter ended September 30, 2026.

Key Financial Highlights:

• Net Income: $2.84 billion ($7.30 per share), up 1.5% in total and up 4.4% per share compared to $2.80 billion ($6.99 per share) in Q3 2025.
• Core Operating Income: $2.98 billion ($7.66 per share), up 0.8% per share compared to $3.05 billion ($7.60 per share) in Q3 2025.
• Net Premiums Written: Consolidated net premiums written totaled $15.1 billion, an increase of 1.9%:
  • P&C net premiums written increased 1.9% to $13.18 billion.
  • Life Insurance net premiums written reached $1.96 billion, up 1.4% (3.7% in constant dollars).
• Underwriting Performance: P&C underwriting income was $2.06 billion with a combined ratio of 84.1%. Current accident year underwriting income excluding catastrophe losses was $2.26 billion (82.6% combined ratio).
• Catastrophe Losses & Prior Period Development: Pre-tax net catastrophe losses were $705 million, compared with $285 million in Q3 2025. Pre-tax favorable prior period development was $511 million compared to $361 million in the prior year.
• Investment Income: Pre-tax net investment income rose 8.6% to a record $1.79 billion, while adjusted net investment income grew 6.3% to $1.89 billion.
• Returns & Book Value: Annualized ROE stood at 15.3%, with core operating ROE at 14.9% and core operating ROTE at 21.6%. Book value per share and tangible book value per share were $191.43 and $126.96, up 5.1% and 5.7% year-over-year, respectively.

Year-to-Date Performance:

• Nine-month net income reached a record $8.02 billion ($20.46 per share), up 16.2% per share.
• Nine-month core operating income reached a record $8.60 billion ($21.94 per share), up 24.5% per share.