Chubb recorded net income of $2.8bn in the third quarter of 2025 (Q3 2025), a 20.5% rise from the $2.3bn reported in the corresponding quarter of the previous year.  

Net income per share grew year on year (YoY) by 22.6%, now standing at $6.99.  

Chubb’s core operating income, net of tax, surged by 28.7% to $3bn.  

Consolidated net premiums written grew by 7.5% to $14.86bn from the same quarter of the previous year.  

Property and casualty (P&C) underwriting income saw a significant boost of 55%, reaching $2.25bn, while the life insurance segment’s income rose by 14.2% to $324m. 

Chubb chairman and CEO Evan Greenberg said: “We had a simply outstanding quarter. The results again put a point on the broad-based, diversified nature of our company geographically, by customer segment both and within commercial and consumer, by product and distribution channel.”  

P&C net premiums written were up 5.3%, reaching $12.93bn in Q3 2025. North American P&C net premiums experienced growth of 4.4%. Global P&C (excluding agriculture) net premiums grew 5.3% to $11.4bn.  

Global Reinsurance net premiums written declined by 13.5% to $304m.  

Life insurance net premiums written grew 24.6% to $1.93bn in Q3 2025. 

Pre-tax net investment income increased by 9.3% to $1.65bn and adjusted net investment income grew by 8.3% to $1.78bn. 

Greenberg stated: “In the quarter, we increased share buybacks since our stock is trading well below intrinsic value. Given our earning power, increased buyback activity will continue, while at the same time we build additional capital and our invested asset base.”  

Chubb’s total capital returned to shareholders in the quarter was $1.62bn, which included $1.23bn in share repurchases at an average price of $277.67 per share, and $385m paid out in dividends.  

The company reported total pre-tax catastrophe losses of $285m, against $765m in the previous year’s corresponding quarter. 

Greenberg added: “In sum, Chubb’s fundamentals and our positioning are excellent, and our balance sheet, starting with our loss reserves, has never been stronger. I am confident we will maintain superior earnings growth, including double-digit growth in EPS, book and tangible book value, with core operating ROE [return on equity] increasing to 14% plus over the medium term, CATs [Credit Accumulation Transfer System] and FX [foreign exchange] notwithstanding.” 

For the nine-month period ending 30 September 2025, Chubb reported net income of $7.10bn, a 6% increase, while core operating income, net of tax, was $6.97bn, up by 4.2%.  

The total capital returned to shareholders during this period amounted to $3.43bn, with share repurchases of $2.29bn at an average price of $282.38 per share and dividends of $1.14bn.  

Chubb’s financial performance in Q2 2025 showed a 33% increase in net income from the previous year.