Earnings per share

3 Months Ended

Mar. 31, 2025


	Three Months Ended
	March 31
(in millions of U.S. dollars, except share and per share data)		2025		2024
Numerator:
Net income		$	1,343	$	2,294
Net income attributable to noncontrolling interests		12		151
Net income attributable to Chubb		$	1,331	$	2,143
Denominator:
Denominator for basic earnings per share attributable to Chubb:
Weighted-average shares outstanding		400,681,956		405,662,694
Denominator for diluted earnings per share attributable to Chubb:
Share-based compensation plans		3,992,395		4,076,941
Weighted-average shares outstanding and assumed conversions		404,674,351		409,739,635
Basic earnings per share attributable to Chubb		$	3.32	$	5.28
Diluted earnings per share attributable to Chubb		$	3.29	$	5.23
Potential anti-dilutive share conversions		1,268,531		1,005,420

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 2024 Form 10-K for additional information on stock options.