v3.26.1
Consolidated Statements Of Operations and Comprehensive Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenues        
Net premiums written $ 14,705 $ 14,196 $ 28,710 $ 26,842
Increase in unearned premiums (816) (1,071) (1,364) (1,717)
Net premiums earned 13,889 13,125 27,346 25,125
Net investment income 1,760 1,568 3,469 3,129
Net realized gains (losses) 162 160 (245) 44
Market risk benefits gains (losses) 5 (17) 19 (109)
Total revenues 15,816 14,836 30,589 28,189
Expenses        
Losses and loss expenses 6,691 6,572 12,822 13,468
Policy benefits (includes remeasurement losses of nil, $2, $2, and $5) 1,615 1,406 3,400 2,633
Policy acquisition costs 2,632 2,415 5,228 4,728
Administrative expenses 1,168 1,125 2,317 2,205
Interest expense 200 181 398 362
Other (income) expense (196) (655) (357) (738)
Amortization of purchased intangibles 74 74 147 149
Integration expenses and severance 8 2 17 2
Total expenses 12,192 11,120 23,972 22,809
Income before income tax 3,624 3,716 6,617 5,380
Income tax expense 742 717 1,388 1,038
Net income 2,882 2,999 5,229 4,342
Net income attributable to noncontrolling interests 28 31 55 43
Net income attributable to Chubb 2,854 2,968 5,174 4,299
Other comprehensive income (loss):        
Unrealized appreciation (depreciation) 357 986 (1,469) 1,887
Current discount rate on future policy benefits (145) (130) 241 (252)
Instrument-specific credit risk on market risk benefits 1 1 13 5
Cumulative foreign currency translation adjustment (158) 796 370 1,155
Other, including postretirement benefit liability adjustment 39 (26) 33 (121)
Other comprehensive income (loss), before income tax 94 1,627 (812) 2,674
Income tax (expense) benefit related to OCI items (26) (33) 115 (76)
Other comprehensive income (loss) 68 1,594 (697) 2,598
Comprehensive income 2,950 4,593 4,532 6,940
Comprehensive income attributable to noncontrolling interests 108 48 306 55
Comprehensive income attributable to Chubb $ 2,842 $ 4,545 $ 4,226 $ 6,885
Earnings per share        
Basic earnings per share attributable to Chubb $ 7.37 $ 7.42 $ 13.30 $ 10.74
Diluted earnings per share attributable to Chubb $ 7.30 $ 7.35 $ 13.17 $ 10.63