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Consolidated Statements Of Operations and Comprehensive Income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Revenues      
Net premiums written $ 51,468 $ 47,361 $ 41,720
Increase in unearned premiums (1,622) (1,649) (1,360)
Net premiums earned 49,846 45,712 40,360
Net investment income 5,930 4,937 3,742
Net realized gains (losses) 117 (607) (1,085)
Market risk benefits gains (losses) (140) (307) 80
Total revenues 55,753 49,735 43,097
Expenses      
Losses and loss expenses 26,022 24,100 22,572
Policy benefits (includes remeasurement gains (losses) of $(2), $19, and $3) 4,714 3,628 2,314
Policy acquisition costs 9,102 8,259 7,339
Administrative expenses 4,380 4,007 3,395
Interest expense 741 672 570
Other (income) expense (1,023) (836) 89
Amortization of purchased intangibles 323 310 285
Integration expenses 39 69 48
Total expenses 44,298 40,209 36,612
Income before income tax 11,455 9,526 6,485
Income tax expense 1,815 511 1,239
Net income 9,640 9,015 5,246
Net income (loss) attributable to noncontrolling interests 368 (13) 0
Net income attributable to Chubb 9,272 9,028 5,246
Other comprehensive income (loss):      
Unrealized appreciation (depreciation) (251) 3,448 (10,578)
Current discount rate on future policy benefits (701) 84 1,480
Instrument-specific credit risk on market risk benefits 7 2 33
Cumulative foreign currency translation adjustment (1,177) (13) (911)
Other, including postretirement benefit liability adjustment 257 157 (100)
Other comprehensive income (loss), before income tax (1,865) 3,678 (10,076)
Income tax (expense) benefit related to OCI items (117) (317) 965
Other comprehensive income (loss) (1,982) 3,361 (9,111)
Comprehensive income (loss) 7,658 12,376 (3,865)
Comprehensive income (loss) attributable to noncontrolling interests 221 (28) 0
Comprehensive income (loss) attributable to Chubb $ 7,437 $ 12,404 $ (3,865)
Earnings per share      
Basic earnings per share attributable to Chubb $ 22.94 $ 21.97 $ 12.50
Diluted earnings per share attributable to Chubb $ 22.70 $ 21.80 $ 12.39