AI Earnings Predictions for Chubb Limited (CB)

EX-99.1

2 d160822dex991.htm

EX-99.1

EX-99.1

Exhibit 99.1

Chubb Limited

Bärengasse 32

CH-8001 Zurich

Switzerland

www.chubb.com

@Chubb

News Release

Chubb Reports Third Quarter Per Share Net Income and Record

Core Operating Income of $7.30 and $7.66, Respectively, Up 4.4%

and 0.8%; Consolidated Net Premiums Written of $15.1 Billion, Up

1.9%, with P&C and Life Insurance Up 1.9% and 1.4%; P&C Combined

Ratio of 84.1%;

Record Year-to-Date Per Share Net Income and Core

Operating

Income of $20.46 and $21.94, Up 16.2% and 24.5%, Respectively;

Annualized Return on Equity (ROE) of 14.5% and Core Operating

ROE of 14.6%

●

Net income was $2.84 billion, up 1.5%, and core operating income was $2.98 billion, down 2.2%. For the nine months, net income and core operating income were a record $8.02 billion and $8.60 billion, respectively, up 12.9% and 21.0%.

●

P&C net premiums written were $13.18 billion, up 1.9%.

●

North America Commercial was down 2.7%, or up 1.7% excluding large account property including E&S and financial lines underwriting related exposure changes including additional reinsurance.

●

North America Personal was up 5.3%.

●

North America Agriculture was up 5.1%.

●

Overseas General was up 6.7%, or 5.2% in constant dollars. Consumer insurance was up 7.2% and commercial insurance was up 6.3%; Latin America, Asia and Europe were up 11.7%, 7.5% and 6.8%, respectively.

●

P&C underwriting income was $2.06 billion, with a combined ratio of 84.1%. P&C current accident year underwriting income excluding catastrophe losses was $2.26 billion, up 3.3%, with a combined ratio of 82.6%. For the nine months, P&C underwriting income was $5.79 billion, up 33.7%, and was $6.39 billion, up 6.1%, on a current accident year excluding catastrophe losses basis. Both were records.

●

Total pre-tax net catastrophe losses were $705 million compared with

$285 million in the prior year.

●

Total pre-tax favorable prior period development was $511 million

compared with $361 million in the prior year.

●

Life Insurance net premiums written were $1.96 billion, up 1.4%, or 3.7% in constant dollars. International life insurance net premiums written and deposits collected were $2.44 billion, up 15.7%, or 18.6% in constant dollars. Life Insurance segment income was $369 million, up 11.4%, or 14.7% in constant dollars, with International Life income up 7.0%, or 10.9% in constant dollars. For the nine months, Life Insurance segment income was $1.03 billion, up 9.3%, or 10.0% in constant dollars, with International Life income up 10.8%, or 11.8% in constant dollars.

Chubb®, Chubb logo® and Chubb. Insured.SM are trademarks of Chubb.

1

Chubb Limited News Release

●

Pre-tax net investment income was $1.79 billion, up 8.6%, and

adjusted net investment income was $1.89 billion, up 6.3%. Both were records.

●

Annualized return on equity (ROE) was 15.3%. Annualized core operating return on tangible equity (ROTE) was 21.6% and annualized core operating ROE was 14.9%.

●

Book value and tangible book value per share increased 5.1% and 5.7%, respectively, from September 30, 2025. Tangible book value per share excluding AOCI was up 15.4% over the same period.

ZURICH – October 20, 2026 – Chubb

Limited (NYSE: CB) today reported net income for the quarter ended September 30, 2026 of $2.84 billion, or $7.30 per share, and core operating income of $2.98 billion, or $7.66 per share. Book value per share and tangible book value per share increased by 5.1% and 5.7%, respectively, from September 30, 2025 and now stand at $191.43 and $126.96. For the last three months, book value was unfavorably impacted by after-tax net realized and unrealized losses of $4.48 billion in Chubb’s investment portfolio, partially offset by $551 million of foreign currency gains. Book value per share and tangible book value per share excluding AOCI increased by 11.1% and 15.4% from September 30, 2025.

Effective Q3 2026, segment income and core operating income have been redefined to exclude intangible amortization expenses related to purchased intangibles other than long-term distribution agreements. Refer to “Regulation G – Non-GAAP Financial Measures” in this press release and the Table of Contents page in the Q3 2026 Chubb Limited Financial Supplement for additional information. Prior-period results have been restated to reflect these changes.

Chubb Limited

Third Quarter Summary

(in millions of U.S. dollars, except per share amounts and ratios)

(Unaudited)

(Per Share)

2026

2025

Change

2026

2025

Change

Net income

$2,844

$2,801

1.5%

$7.30

$6.99

4.4%

Adjusted net realized (gains) losses, net of tax

94

48

95.8%

0.25

0.12

108.3%

Integration expenses and severance, net of tax

8

1

NM

0.02

-

NM

Market risk benefits (gains) losses, net of tax

55

120

(54.2)%

0.14

0.30

(53.3)%

Amortization of deferred tax asset from Bermuda law

(60)

36

NM

(0.15)

0.09

NM

Amortization of fair value adjustments, net of tax

39

42

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