Summary
Chubb Limited reported a strong financial performance for the second quarter and first half of 2025. Net income attributable to Chubb increased significantly year-over-year for the quarter, driven by robust growth in both its Property & Casualty (P&C) underwriting income and Life Insurance segments, alongside higher income from private equity investments. Consolidated net premiums written also saw a healthy increase, with notable growth across both commercial and personal P&C lines, as well as strong performance in the Life Insurance segment, particularly in Asia and the U.S. worksite business. The company's investment income also grew, supported by higher average invested assets. Chubb completed the acquisition of Liberty Mutual's insurance business in Thailand and increased its ownership stake in Huatai Group. The P&C combined ratio remained favorable, though impacted by higher catastrophe losses in the first half of the year, partially offset by strong prior period development. The company also announced an increase in its quarterly dividend and continued its share repurchase program, demonstrating a commitment to returning capital to shareholders.
Financial Highlights
39 data points| Revenue | $14.84B |
| Interest Expense | $181.00M |
| Net Income | $2.97B |
| EPS (Basic) | $7.42 |
| EPS (Diluted) | $7.35 |
| Shares Outstanding (Basic) | 399.89M |
| Shares Outstanding (Diluted) | 403.85M |
Key Highlights
- 1Net income attributable to Chubb increased by 33.1% to $2.97 billion for the three months ended June 30, 2025, compared to $2.23 billion in the prior year period.
- 2Consolidated net premiums written grew by 6.3% to $14.20 billion for the quarter, or 7.1% in constant dollars, driven by broad-based growth across P&C and Life insurance segments.
- 3P&C underwriting income saw significant growth, contributing to a P&C combined ratio of 85.6% for the quarter, a slight improvement from 86.8% in the prior year.
- 4Life Insurance segment income increased by 10.4% to $305 million for the quarter, benefiting from premium growth and higher net investment income.
- 5The company completed the acquisition of Liberty Mutual's P&C insurance business in Thailand for $321 million on April 1, 2025.
- 6Chubb increased its aggregate ownership interest in Huatai Group to approximately 87.2% through incremental ownership interests acquired in Q2 2025.
- 7The company repurchased $676 million of common shares during the quarter and announced a new $5.0 billion share repurchase authorization, effective July 1, 2025.