Chubb said net income attributable to Chubb was $1.33 billion, down from $2.14 billion in the prior year period, due to higher catastrophe losses. Total pre-tax catastrophe losses were $1.64 billion, which include California wildfire losses of $1.47 billion.

1. 01

   Chubb said net income attributable to Chubb was $1.33 billion, down from $2.14 billion in the prior year period, due to higher catastrophe losses. Total pre-tax catastrophe losses were $1.64 billion, which include California wildfire losses of $1.47 billion.

2. 02

   The company said the P&C combined ratio was 95.7% compared with 86.0% in the prior year period. The P&C current accident year combined ratio excluding catastrophe losses was 82.3% compared with 83.7% in the prior year period.

3. 03

   Chubb said consolidated net premiums written were $12.65 billion, up 3.5%, or 5.7% in constant dollars. Pre-tax net investment income was $1.56 billion, up 12.2% compared with $1.39 billion in the prior year period.

4. 04

   The company said operating cash flows for Q1 2025 were $1.6 billion compared with $3.2 billion in the prior year period. It repurchased $385 million of Common Shares during the quarter, with $1.3 billion of repurchase authorization remaining as of March 31.

Key figures

Quarter ended March 31, 2025

Revenue

$13.4B

Net income

$1.3B

EPS

$3.29

Operating cash flow

$1.6B

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.