Sector: Financials | Industry: Multiline Insurance & Brokers |
See Regulatory Filings on SEC |
Company Contact | |
Address: | Baerengasse 32 ZUERICH 8001 |
Tel: | 1-212-8274445 |
Website: | https://www.chubb.com |
IR: | See website |
Key People | ||
Evan G. Greenberg Chairman of the Board, Chief Executive Officer | John W. Keogh President, Chief Operating Officer | Peter C. Enns Chief Financial Officer, Executive Vice President |
Timothy Alan Boroughs Executive Vice President, Chief Investment Officer | Joseph F. Wayland Executive Vice President, General Counsel | Juan Luis Ortega Executive Vice President, President - Overseas General Insurance |
Bryce L. Johns Senior Vice President, President, Chubb Life | Frances D. O'Brien Chief Risk Officer, Executive Vice President - Chubb Group |
Business Overview |
Chubb Limited is a Switzerland-based holding company. The Company, through its subsidiaries, provides a range of insurance and reinsurance products and services to clients around the world. Its segments include North America Commercial property and casualty (P&C) Insurance, North America Personal P&C Insurance, North America Agricultural Insurance, Overseas General Insurance, Global Reinsurance and Life Insurance. It offers commercial insurance products and service offerings, such as risk management programs, loss control, and engineering and complex claims management. It provides specialized insurance products to areas, such as aviation and energy. It also offers personal lines insurance coverage, including homeowners, automobile, valuables, umbrella liability and recreational marine products. In addition, it supplies personal accident, supplemental health and life insurance to individuals in select countries. |
Financial Overview |
For the three months ended 31 March 2024, Chubb Ltd revenues increased 17% to $12.89B. Net income increased 13% to $2.14B. Revenues reflect Net premiums written increase of 14% to $12.22B, Investment Income, Gross increase of 25% to $1.44B. Net income was partially offset by Policy Acquisition Expense Ratio -%-Ins increase of 81% to 16.8%, Loss Ratio -%-Ins NA Agri decrease of 56% to 38.6%, Policy acquisition costs increase of 13% to $2.21B (expense). |