Earnings per share

3 Months Ended

Mar. 31, 2024


	Three Months Ended
	March 31
(in millions of U.S. dollars, except share and per share data)		2024		2023
Numerator:
Net income		$	2,294	$	1,892
Net income attributable to noncontrolling interests		151		—
Net income attributable to Chubb		$	2,143	$	1,892
Denominator:
Denominator for basic earnings per share attributable to Chubb:
Weighted-average shares outstanding		405,662,694		414,289,150
Denominator for diluted earnings per share attributable to Chubb:
Share-based compensation plans		4,076,941		3,639,042
Weighted-average shares outstanding and assumed conversions		409,739,635		417,928,192
Basic earnings per share attributable to Chubb		$	5.28	$	4.57
Diluted earnings per share attributable to Chubb		$	5.23	$	4.53
Potential anti-dilutive share conversions		1,005,420		1,731,523

Excluded from weighted-average shares outstanding and assumed conversions is the impact of securities that would have been anti-dilutive during the respective periods. These securities consisted of stock options in which the underlying exercise prices were greater than the average market prices of our Common Shares. Refer to Note 16 to the Consolidated Financial Statements of our 2023 Form 10-K for additional information on stock options.