Chubb Limited · NYSE:CB
Chubb — Investor Presentation (December 2017)
18 slides from Chubb's investor presentation, December 2017
Slide 1: A Global Leader in P&C Insurance
A Global Leader in P&C Insurance Third Quarter 2017
Slide 2: Chubb name carries our promise (CEO quote)
Third Quarter 2017 “The Chubb name carries our promise of superior service, underwriting and execution. Our unique combination of people, products and places positions us to meet the needs of clients no matter where they are in the world.” — Evan Greenberg, Chairman & CEO 2
Slide 3: Who We Are
Third Quarter 2017 Who We Are • The world’s largest publicly traded property and casualty (P&C) insurer, based on market capitalization of $66.2 billion.* • A truly global company, with local operations in 54 countries and territories. • Insurance is our only business. • Well balanced by product and
Slide 4: Global Reach
Third Quarter 2017 Global Reach • Chubb has an extensive local presence globally, with insurance professionals and operating subsidiaries in 54 countries. • Thirty-five percent of the company’s business is transacted outside the United States. Argentina Czech Republic Ireland Panama Sweden Geographi
Slide 5: Product Breadth
Third Quarter 2017 Product Breadth • Chubb has one of the largest product portfolios in the global insurance industry. More than 200 distinct commercial insurance and reinsurance products and services Specialty coverages for clients ranging from multinational corporations, middle market companie
Slide 6: Business Units with Extensive Distribution Capabilities
Third Quarter 2017 Business Units with Extensive Distribution Capabilities • Chubb’s insurance products are distributed through retail and wholesale brokers, independent and captive agents, bancassurance, mobilassurance, direct marketing and other channels. North America Overseas General Major Accou
Slide 7: Commercial Property & Casualty
Third Quarter 2017 Commercial Property & Casualty • For large corporations and multinationals, Chubb’s underwriting, claims and risk engineering professionals have the underwriting expertise, risk appetite and global network to tailor insurance coverage and services to help clients reduce risk and m
Slide 8: Accident & Health
Third Quarter 2017 Accident & Health • Chubb works with distribution partner organizations worldwide to offer affordable personal accident and supplemental health insurance products to employees, members and customers. • Products include employee benefits, special insurance offered through affinity
Slide 9: Personal Lines Insurance
Third Quarter 2017 Personal Lines Insurance • Chubb is the premier provider of high-value automobile, homeowners, recreational marine/aviation, valuables and umbrella liability coverage, with exceptional claims service, for successful individuals and families in the U.S. and selected international m
Slide 10: Life Insurance
Third Quarter 2017 Life Insurance • Chubb Life provides protection and savings-oriented life insurance products to individuals and groups in Asia and Latin America. • Chubb Life serves the needs of consumers through a variety of distribution channels including agents, banks, retailers, brokers, work
Slide 11: Reinsurance
Third Quarter 2017 Reinsurance • Chubb Tempest Re provides a broad range of reinsurance products to a diverse array of primary insurance companies worldwide. • The company’s underwriting, actuarial and claims expertise in property catastrophe reinsurance and other diversified lines, including casual
Slide 12: Underwriting Expertise
Third Quarter 2017 Underwriting Expertise • Chubb is an underwriting company — we have a passion for the art and science of underwriting. • Our underwriters have deep expertise in a broad range of industries and specialty coverage areas — risks where an underwriter makes a difference. • Discipline d
Slide 13: Claims and Engineering
Third Quarter 2017 Claims and Engineering • Chubb’s claim handling service is renowned for its quality, promptness and fairness Deep technical knowledge and talent Expertise and scale to handle claims of all sizes and complexity Investment in technology and innovation to improve claim outcomes
Slide 14: Proven Insurance Leadership
Third Quarter 2017 Proven Insurance Leadership • Chubb’s top leaders have built their entire careers in insurance and managed their business lines through a variety of insurance cycles and economic conditions. Evan Greenberg John Keogh John Lupica Paul Krump Juan Andrade Ed Clancy Chairman & Executi
Slide 15: Exceptional Balance Sheet Strength
Third Quarter 2017 Exceptional Balance Sheet Strength • Chubb’s total capital position is $63.4 billion. • Net loss reserves, which back our policyholder commitments, of $49.4 billion. Balance Sheet Highlights $ in billions 9/30/17 Total Assets $167.4 Total Investments 102.4 Net Loss Reserves 49.4 T
Slide 16: Financial Strength Ratings
Third Quarter 2017 Financial Strength Ratings • Chubb is highly rated by the rating agencies for financial strength. A primary component of Standard & Poor’s (S&P) rating is its evaluation of Chubb’s enterprise risk management (ERM) process. • The company manages risk on both sides of its balance
Slide 17: Conservative Investment Philosophy
Third Quarter 2017 Conservative Investment Philosophy • 95% of Chubb’s investment portfolio is in fixed income securities, with an average credit quality of A (S&P) and Aa (Moody’s) and a duration of about four years. • The portfolio’s asset allocation is well diversified across issuers, geographies
Slide 18: Sustainability and Global Citizenship
Third Quarter 2017 Sustainability and Global Citizenship Our People, Our Culture Environment Commitment to our craft is at the core of Chubb’s culture. This At Chubb, we recognize our responsibility to provide solutions that includes the principles by which we run our business, how we make help clie