Business
Chubb Reports Third Quarter Net Income Per Share of $6.99, Up 22.6%, and Record Core Operating Income Per Share of $7.49, Up 30.9%; Consolidated Net Premiums Written of $14.9 Billion, Up 7.5%; Record P&C Combined Ratio of 81.8%
Chubb Limited (NYSE: CB) today reported net income for the quarter ended September 30, 2025 of $2.80 billion, or $6.99 per share, and core operating income of $3.00 billion, or $7.49 per share. Book value per share and tangible book value per share increased 4.7% and 6.6%, respectively, from June 30, 2025 and now stand at $182.22 and $120.13. Book value was favorably impacted by after-tax net realized and unrealized gains of $884 million in Chubb's investment portfolio. Book value per share and
About this update from Chubb Limited
[{"type":"list","items":[{"val":[{"type":"text","content":"Net income was $2.80 billion, up 20.5%, and record core operating income was $3.00 billion, up 28.7%.","length":101,"tagName":"p"}]},{"val":[{"type":"text","content":"P&C net premiums written were $12.93 billion, up 5.3%. North America was up 4.4%, including growth of 8.1% in personal insurance and 3.5% in commercial insurance, or 6.2% adjusting for the impact of two non-recurring items that benefited 2024. Overseas General was up 9.7%, including growth of 15.5% in consumer insurance and 5.8% in commercial insurance; Asia, Latin America, and Europe were up 14.3%, 10.6% and 4.8%, respectively.","length":436,"tagName":"p"}]},{"val":[{"type":"text","content":"P&C underwriting income was a record $2.26 billion, up 55.0%, with a record combined ratio of 81.8%. P&C current accident year underwriting income excluding catastrophe losses was a record $2.18 billion, up 10.3% over prior year, with a combined ratio of 82.5%.","length":269,"tagName":"p"}]},{"val":[{"type":"text","content":"Total pre-tax catastrophe losses in the quarter were $285 million compared with $765 million last year, and $2.56 billion for the nine months compared with $1.78 billion last year.","length":180,"tagName":"p"}]},{"val":[{"type":"text","content":"Total pre-tax favorable prior period development was $361 million compared with $244 million last year.","length":103,"tagName":"p"}]},{"val":[{"type":"text","content":"Life Insurance net premiums written were $1.93 billion, up 24.6%, and segment income was $324 million, up 14.2%.","length":112,"tagName":"p"}]},{"val":[{"type":"text","content":"Pre-tax net investment income was $1.65 billion, up 9.3%, and adjusted net investment income was $1.78 billion, up 8.3%. Both were records.","length":139,"tagName":"p"}]},{"val":[{"type":"text","content":"Annualized return on equity (ROE) was 15.9%. Annualized core operating return on tangible equity (ROTE) was 24.5% and annualized core operating ROE was 16.3%.","length":158,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":1498,"olType":false},{"type":"text","content":"ZURICH, Oct. 21, 2025 /PRNewswire/ -- Chubb Limited (NYSE: CB) today reported net income for the quarter ended September 30, 2025 of $2.80 billion, or $6.99 per share, and core operating income of $3.00 billion, or $7.49 per share. Book value per share a...