Earnings per share

9 Months Ended

Sep. 30, 2024

Earnings Per Share [Abstract]

Earnings per share

Earnings per share

	Three Months Ended				Nine Months Ended
	September 30				September 30
(in millions of U.S. dollars, except share and per share data)	2024		2023		2024		2023
Numerator:
Net income	$	2,490	$	2,040	$	7,000	$	5,725
Net income (loss) attributable to noncontrolling interests	166		(3)		303		(3)
Net income attributable to Chubb	$	2,324	$	2,043	$	6,697	$	5,728
Denominator:
Denominator for basic earnings per share attributable to Chubb:
Weighted-average shares outstanding	403,831,412		409,505,454		404,700,118		412,076,470
Denominator for diluted earnings per share attributable to Chubb:
Share-based compensation plans	4,047,315		3,100,505		4,191,655		3,288,940
Weighted-average shares outstanding and assumed conversions	407,878,727		412,605,959		408,891,773		415,365,410
Basic earnings per share attributable to Chubb	$	5.75	$	4.99	$	16.55	$	13.90
Diluted earnings per share attributable to Chubb	$	5.70	$	4.95	$	16.38	$	13.79
Potential anti-dilutive share conversions	1,330,590		2,562,206		1,080,371		2,330,821

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.