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Consolidated Statements Of Operations and Comprehensive Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenues        
Net premiums written $ 14,196 $ 13,360 $ 26,842 $ 25,581
Increase in unearned premiums (1,071) (1,068) (1,717) (1,706)
Net premiums earned 13,125 12,292 25,125 23,875
Net investment income 1,568 1,468 3,129 2,859
Net realized gains (losses) 160 104 44 3
Market risk benefits gains (losses) (17) (29) (109) (8)
Total revenues 14,836 13,835 28,189 26,729
Expenses        
Losses and loss expenses 6,572 6,431 13,468 12,158
Policy benefits (includes remeasurement losses of $2, $3, $5 and $22) 1,406 1,219 2,633 2,399
Policy acquisition costs 2,415 2,226 4,728 4,433
Administrative expenses 1,125 1,094 2,205 2,164
Interest expense 181 182 362 360
Other (income) expense (655) (110) (738) (301)
Amortization of purchased intangibles 74 80 149 160
Integration expenses 2 7 2 14
Total expenses 11,120 11,129 22,809 21,387
Income before income tax 3,716 2,706 5,380 5,342
Income tax expense 717 490 1,038 832
Net income 2,999 2,216 4,342 4,510
Net income (loss) attributable to noncontrolling interests 31 (14) 43 137
Net income attributable to Chubb 2,968 2,230 4,299 4,373
Other comprehensive income (loss):        
Unrealized appreciation (depreciation) 986 (489) 1,887 (1,166)
Current discount rate on future policy benefits (130) 53 (252) 0
Instrument-specific credit risk on market risk benefits 1 5 5 10
Cumulative foreign currency translation adjustment 796 (530) 1,155 (450)
Other, including postretirement benefit liability adjustment (26) (29) (121) 2
Other comprehensive income (loss), before income tax 1,627 (990) 2,674 (1,604)
Income tax (expense) benefit related to OCI items (33) 29 (76) 38
Other comprehensive income (loss) 1,594 (961) 2,598 (1,566)
Comprehensive income 4,593 1,255 6,940 2,944
Comprehensive income (loss) attributable to noncontrolling interests 48 (57) 55 66
Comprehensive income attributable to Chubb $ 4,545 $ 1,312 $ 6,885 $ 2,878
Earnings per share        
Basic earnings per share attributable to Chubb $ 7.42 $ 5.51 $ 10.74 $ 10.79
Diluted earnings per share attributable to Chubb $ 7.35 $ 5.46 $ 10.63 $ 10.68