v3.26.3
Consolidated Statements Of Operations and Comprehensive Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Revenues        
Net premiums written $ 15,143 $ 14,866 $ 43,853 $ 41,708
Increase in unearned premiums (219) (507) (1,583) (2,224)
Net premiums earned 14,924 14,359 42,270 39,484
Net investment income 1,791 1,648 5,260 4,777
Net realized gains (losses) (455) 283 (700) 327
Market risk benefits gains (losses) (65) (142) (46) (251)
Total revenues 16,195 16,148 46,784 44,337
Expenses        
Losses and loss expenses 7,526 6,951 20,348 20,419
Policy benefits (includes remeasurement gains (losses) of $(9), $66, $(11), and $61) 1,477 1,372 4,877 4,005
Policy acquisition costs 2,739 2,563 7,967 7,291
Administrative expenses 1,126 1,138 3,443 3,343
Interest expense 204 197 602 559
Other (income) expense (364) (43) (721) (781)
Amortization of purchased intangibles 74 75 221 224
Integration expenses and severance 11 1 28 3
Total expenses 12,793 12,254 36,765 35,063
Income before income tax 3,402 3,894 10,019 9,274
Income tax expense 666 787 2,054 1,825
Net income 2,736 3,107 7,965 7,449
Net income (loss) attributable to noncontrolling interests (108) 306 (53) 349
Net income attributable to Chubb 2,844 2,801 8,018 7,100
Other comprehensive income (loss):        
Unrealized appreciation (depreciation) (4,836) 868 (6,305) 2,755
Current discount rate on future policy benefits 300 305 541 53
Instrument-specific credit risk on market risk benefits 0 (9) 13 (4)
Cumulative foreign currency translation adjustment 655 128 1,025 1,283
Other, including postretirement benefit liability adjustment 7 (6) 40 (127)
Other comprehensive income (loss), before income tax (3,874) 1,286 (4,686) 3,960
Income tax (expense) benefit related to OCI items 357 (40) 472 (116)
Other comprehensive income (loss) (3,517) 1,246 (4,214) 3,844
Comprehensive income (loss) (781) 4,353 3,751 11,293
Comprehensive income (loss) attributable to noncontrolling interests (65) 386 241 441
Comprehensive income (loss) attributable to Chubb $ (716) $ 3,967 $ 3,510 $ 10,852
Earnings per share        
Basic earnings per share attributable to Chubb $ 7.38 $ 7.05 $ 20.68 $ 17.78
Diluted earnings per share attributable to Chubb $ 7.30 $ 6.99 $ 20.46 $ 17.61