v3.26.1
Shareholders' Equity (Tables)
 6 Months Ended
Jun. 30, 2026
Stockholders' Equity Note [Abstract]  
Dividends Declared
The following table presents dividend distributions per Common Share in Swiss francs (CHF) and U.S. dollars (USD):

Three Months EndedSix Months Ended
June 30June 30
2026202520262025
CHFUSDCHFUSDCHFUSDCHFUSD
Total dividend distributions per common share0.80 $1.02 0.81 $0.97 1.55 $1.99 1.62 $1.88 
Share Repurchase Program [Table Text Block]
Chubb Limited securities repurchase authorizations
In June 2023, the Board authorized the repurchase of up to $5.0 billion of Chubb Common Shares, effective July 1, 2023, with no expiration date. In May 2025, the Board determined to terminate the June 2023 authorization as of June 30, 2025 and concurrently authorized a new repurchase amount of up to $5.0 billion of Chubb Common Shares, effective July 1, 2025, with no expiration date. In May 2026, the Board determined to terminate the June 2025 authorization as of June 30, 2026 and concurrently authorized a new repurchase amount of up to $7.5 billion of Chubb Common Shares, effective July 1, 2026, with no expiration date. The following table presents repurchases of Chubb's Common Shares conducted in a series of open market transactions under the Board authorizations:

Three Months EndedSix Months EndedJuly 1, 2026
through
July 27, 2026
June 30June 30
(in millions of U.S. dollars, except share data)2026202520262025
Number of shares repurchased2,989,571 2,339,727 6,507,381 3,685,509 40,000 
Cost of shares repurchased$979 $676 $2,122 $1,061 $14 
Repurchase authorization remaining at end of period (1)
$— $— $— $— $7,486 
Schedule of Accumulated Other Comprehensive Income (Loss)
The following table presents changes in accumulated other comprehensive income (loss):
Three Months EndedSix Months Ended
June 30June 30
(in millions of U.S. dollars)2026202520262025
Accumulated other comprehensive income (loss) (AOCI)
Net unrealized appreciation (depreciation) on investments
Balance – beginning of period, net of tax$(3,611)$(3,704)$(1,997)$(4,552)
Change in period, before reclassification from AOCI (before tax)276 918 (1,663)1,761 
Amounts reclassified from AOCI (before tax)81 68 194 126 
Change in period, before tax357 986 (1,469)1,887 
Income tax (expense) benefit(21)(50)189 (111)
Total other comprehensive income (loss)336 936 (1,280)1,776 
Noncontrolling interests, net of tax7 4 5 (4)
Balance – end of period, net of tax(3,282)(2,772)(3,282)(2,772)
Current discount rate on liability for future policy benefits
Balance – beginning of period, net of tax(27)(645)(344)(539)
Change in period, before tax(145)(130)241 (252)
Income tax (expense) benefit(8)9 (69)21 
Total other comprehensive income (loss)(153)(121)172 (231)
Noncontrolling interests, net of tax(16)(20)(8)(24)
Balance – end of period, net of tax(164)(746)(164)(746)
Three Months EndedSix Months Ended
June 30June 30
(in millions of U.S. dollars)2026202520262025
Accumulated other comprehensive income (loss) (AOCI) - continued
Instrument-specific credit risk on market risk benefits
Balance – beginning of period, net of tax(13)(13)(23)(16)
Change in period, before tax1 1 13 5 
Income tax expense— — (2)(1)
Total other comprehensive income1 1 11 4 
Noncontrolling interests, net of tax— — — — 
Balance – end of period, net of tax(12)(12)(12)(12)
Cumulative foreign currency translation adjustment
Balance – beginning of period, net of tax(2,778)(3,685)(3,135)(4,025)
Change in period, before reclassification from AOCI (before tax)(147)803 390 1,170 
Amounts reclassified from AOCI (before tax)(11)(7)(20)(15)
Change in period, before tax (158)796 370 1,155 
Income tax (expense) benefit10 3 4 (9)
Total other comprehensive income (expense)(148)799 374 1,146 
Noncontrolling interests, net of tax89 33 254 40 
Balance – end of period, net of tax(3,015)(2,919)(3,015)(2,919)
Fair value hedging instruments
Balance – beginning of period, net of tax(61)(22)(58)50 
Change in period, before reclassification from AOCI (before tax)16 141 (27)115 
Amounts reclassified from AOCI (before tax)27 (164)66 (229)
Change in period, before tax43 (23)39 (114)
Income tax (expense) benefit(9)5 (8)24 
Total other comprehensive income (loss)34 (18)31 (90)
Noncontrolling interests, net of tax— — — — 
Balance – end of period, net of tax(27)(40)(27)(40)
Postretirement benefit liability adjustment
Balance – beginning of period, net of tax579 434 582 438 
Change in period, before tax(4)(3)(6)(7)
Income tax benefit2 — 1 — 
Total other comprehensive loss(2)(3)(5)(7)
Noncontrolling interests, net of tax— — — — 
Balance – end of period, net of tax577 431 577 431 
Accumulated other comprehensive loss$(5,923)$(6,058)$(5,923)$(6,058)
Reclassification out of Accumulated Other Comprehensive Income
The following table presents reclassifications from accumulated other comprehensive income (loss) to the Consolidated statements of operations:
Three Months EndedSix Months EndedConsolidated Statement of Operations Location
June 30June 30
(in millions of U.S. dollars)2026202520262025
Fixed maturities available-for-sale$(81)$(68)$(194)$(126)Net realized gains (losses)
Income tax benefit5 3 23 28 Income tax expense
$(76)$(65)$(171)$(98)Net income
Cumulative foreign currency translation adjustment
Cross-currency swaps$11 $7 $20 $15 Interest expense
Income tax expense(2)(1)(4)(3)Income tax expense
$9 $6 $16 $12 Net income
Net gains (losses) of fair value hedging instruments
Cross-currency swaps$(23)$169 $(57)$238 Net realized gains (losses)
Cross-currency swaps(4)(5)(9)(9)Interest expense
Income tax (expense) benefit6 (34)14 (48)Income tax expense
$(21)$130 $(52)$181 Net income
Total amounts reclassified from AOCI$(88)$71 $(207)$95