The company said net income for Q4 2023 was $3.30 billion ($8.03 per share), and core operating income was $3.41 billion ($8.30 per share). These figures included a one-time deferred tax benefit related to Bermuda's new income tax law of $1.14 billion.

1. 01

   The company said net income for Q4 2023 was $3.30 billion ($8.03 per share), and core operating income was $3.41 billion ($8.30 per share). These figures included a one-time deferred tax benefit related to Bermuda's new income tax law of $1.14 billion.

2. 02

   Chubb said full-year 2023 net income was $9,028 million ($21.80 per share) and core operating income was $9,337 million ($22.54 per share). It also said its P&C combined ratio was 86.5%, compared with 87.6% a year earlier.

3. 03

   The company said full-year 2023 operating cash flow was $12.63 billion and adjusted operating cash flow was $12.18 billion. It said total capital returned to shareholders was $3.88 billion, including $2.48 billion in share repurchases and $1.40 billion in dividends.

4. 04

   Chubb said it acquired an additional 4.5% interest in Huatai on December 18, 2023, bringing its total aggregate interest to 76.5% as of December 31. It said it further closed on an incremental 2.9% interest on January 2, 2024, raising its total aggregate interest to approximately 79.5%.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call.

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

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