- Chubb Limited (CB, Financial) reported a notable 33.1% increase in net income for Q2 2025, reaching $2.97 billion or $7.35 per share.
- The company achieved record core operating income of $2.48 billion, up 12.9% from the previous year, with consolidated net premiums written of $14.2 billion, reflecting a 6.3% increase.
- Chubb's P&C business saw strong performance, with net premiums written at $12.39 billion, a 5.8% growth in constant dollars, and a commendable combined ratio of 85.6%.
Chubb Limited (CB) delivered strong financial results in the second quarter of 2025, marked by a significant net income of $2.97 billion, up 33.1% compared to the prior year. This increase translates to $7.35 per share, showcasing the company's operational efficiency and strong market performance.
Core operating income reached a record $2.48 billion, a 12.9% rise, reflecting the company's robust underwriting capabilities and favorable investment income. Consolidated net premiums written were $14.2 billion, showing a 6.3% uplift, or 7.1% in constant dollars, indicating solid growth across various insurance lines.
The Property & Casualty (P&C) segment achieved net premiums written of $12.39 billion, up 5.8% in constant dollars, supported by a strong combined ratio of 85.6%. Record underwriting income of $1.63 billion, a 15% increase, underscores Chubb's superior risk management and pricing strategy.
In its geographical markets, Chubb demonstrated impressive growth: Latin America surged by 17.3%, Asia by 12.7%, and Europe by 8.2%. North America recorded a 5.3% increase, driven by a 9.1% rise in personal insurance and a 4.1% increase in commercial insurance.
Chubb's Life Insurance segment also showed considerable growth, with net premiums written up 17.3% in constant dollars to $1.80 billion. Segment income increased by 10.4%, reaching $305 million.
The company's annualized return on equity (ROE) stood at 17.6%, with a core operating return on tangible equity (ROTE) of 21.0%, reflecting strong shareholder value creation. Book value per share increased by 6.1% to $174.07, while tangible book value per share rose by 8.0% to $112.64, driven by gains in the investment portfolio and favorable foreign currency movements.
