Loading…
Chubb Limited provides insurance and reinsurance products worldwide. It operates in six segments: North America Commercial Property and Casualty (P&C) Insurance, North America Personal P&C Insurance, North America Agricultural Insurance, Overseas General Insurance, Global Reinsurance, and Life Insurance. The company offers property and general liability, workers' compensation, and umbrella; professional and management liability; environmental, health, and international coverages; and claims and risk management products and services, loss control, and engineering and complex claims management. It also provides homeowners, automobile and collector cars, valuable articles, and personal and excess liability insurance. In addition, the company offers multiple peril crop insurance and crop-hail insurance for farm, ranch, specialty (P&C), and commercial agriculture products; product and employer liability, business interruption, and specialty risk; property insurance products, including traditional commercial fire coverage, energy industry-related, marine, construction, and other technical coverages; personal accident and supplemental medical coverages, such as accidental death, business/holiday travel, specified disease, disability, medical and hospital indemnity, and income protection; and directors and officers, professional indemnity, cyber, surety, aviation, political risk, and specialty personal lines products. Further, it provides property catastrophe reinsurance; traditional and specialty P&C reinsurance; and protection and savings products, which includes individual and group term life, dental, critical illness, dementia, hospital cash, credit life, group employee benefits, whole life, universal life, unit linked contracts, endowment plans, and annuities. The company was formerly known as ACE Limited and changed its name to Chubb Limited in January 2016. Chubb Limited was incorporated in 1985 and is headquartered in Zurich, Switzerland.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $59.8B | - | $10.3B | $12.8B | 14.0% | 6.7% | 11.2% |
| 2024 | $56.0B | - | $9.3B | $16.2B | 14.5% | 12.4% | 2.7% |
| 2023 | $49.8B | - | $9.0B | $12.6B | 15.2% | 15.7% | 72.1% |
| 2022 | $43.1B | - | $5.2B | $11.3B | 10.4% | - | - |
| 2021 | - | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 43,055 | 49,826 | 56,010 | 59,783 |
| Operating Revenue | - | 43,055 | 49,826 | 56,010 | 59,783 |
| Selling General And Administration | - | 3,395 | 4,007 | 4,380 | 4,504 |
| Total Expenses | - | 36,570 | 40,300 | 44,555 | 46,739 |
| EBIT | - | 7,055 | 10,198 | 12,196 | 13,808 |
| Interest Income | - | 42 | 69 | 80 | 40 |
| Interest Expense | - | 570 | 672 | 741 | 764 |
| Net Interest Income | - | -570 | -672 | -741 | -764 |
| Other Income Expense | 91 | 80 | -307 | -140 | - |
| Interest Expense Non Operating | - | 570 | 672 | 741 | 764 |
| Net Non Operating Interest Income Expense | - | -570 | -672 | -741 | -764 |
| Pretax Income | - | 6,485 | 9,526 | 11,455 | 13,044 |
| Tax Provision | - | 1,239 | 511 | 1,815 | 2,422 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | -9.17 | -3.73 | -6.16 | -14.69 |
| Net Income Continuous Operations | - | 5,246 | 9,015 | 9,640 | 10,622 |
| Net Income From Continuing And Discontinued Operation | - | 5,246 | 9,028 | 9,272 | 10,310 |
| Net Income From Continuing Operation Net Minority Interest | - | 5,246 | 9,028 | 9,272 | 10,310 |
| Net Income | - | 5,246 | 9,028 | 9,272 | 10,310 |
| Net Income Common Stockholders | - | 5,246 | 9,028 | 9,272 | 10,310 |
| Net Income Including Noncontrolling Interests | - | 5,246 | 9,015 | 9,640 | 10,622 |
| Normalized Income | - | 5,284.83 | 9,093.27 | 9,304.84 | 10,374.31 |
| Diluted NI Availto Com Stockholders | - | 5,246 | 9,028 | 9,272 | 10,310 |
| Basic Average Shares | - | 414.59 | 410.80 | 408.50 | 401.50 |
| Diluted Average Shares | - | 423.50 | 414.20 | 411.91 | 401.50 |
| Reconciled Depreciation | - | 285 | 310 | 323 | 301 |
| Total Unusual Items | - | -48 | -69 | -39 | -79 |
| Total Unusual Items Excluding Goodwill | - | -48 | -69 | -39 | -79 |
| Minority Interests | - | 0 | 13 | -368 | -312 |
| Special Income Charges | - | -48 | -69 | -39 | -79 |
| Restructuring And Mergern Acquisition | - | 48 | 69 | 39 | 79 |
| Depreciation And Amortization In Income Statement | - | 285 | 310 | 323 | 301 |
| General And Administrative Expense | - | 3,395 | 4,007 | 4,380 | 4,504 |
| Other Gand A | - | 3,395 | 4,007 | 4,380 | 4,504 |
| Other Operating Expenses | - | 48 | 47 | 55 | 56 |
| Amortization | - | 285 | 310 | 323 | 301 |
| Loss Adjustment Expense | - | 22,572 | 24,100 | 26,022 | 26,700 |
| Net Policyholder Benefits And Claims | - | 22,572 | 24,100 | 26,022 | 26,700 |
| Policyholder Benefits Gross | - | 22,572 | 24,100 | 26,022 | 26,700 |
Financial Services sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Chubb Limitedthis co. | CB | $122.0B | 11.83↓ discount | 1.65 | 14.0% | - |
| Interactive Brokers Group, Inc. | IBKR | $147.7B | 150.07 | 27.54 | 18.3% | 15.71 |
| Blackstone Inc. | BX | $144.9B | 47.99 | 16.72 | 34.8% | - |
| S&P Global Inc. | SPGI | $124.4B | 27.81 | 4.00 | 14.4% | 17.70 |
| The Progressive Corporation | PGR | $114.0B | 10.08 |
| - |
| - |
| - |
| - |
| 3.76 |
| 37.3% |
| - |
| Capital One Financial Corporation | COF | $114.0B | 52.27 | 1.00 | 1.9% | - |
| The Bank of New York Mellon Corporation | BK | $94.1B | 16.97 | 2.38 | 14.1% | - |
| CME Group Inc. | CME | $92.5B | 22.72 | 3.22 | 14.2% | 15.69 |
| The PNC Financial Services Group, Inc. | PNC | $91.2B | 13.87 | 1.51 | 10.9% | - |
| Peer Median | - | 25.27 | 3.49 | 14.3% | 15.71 | |