Investor Relations
NYSE:CB 124.64 -1.61 -1.27% Volume: 1,625,941 October 15, 2018

Company Profile
Second Quarter 2018

Six months ended June 30, 2018 

Chubb produces a quarterly summary of the company's financial strength, underwriting performance, product and geographic diversification, operating units and business leaders.

Download a PDF of Chubb Limited Profile.


Chubb is the world’s largest publicly traded property and casualty insurer, providing commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance

— As an underwriting company, we assess, assume and manage risk with insight and discipline

— We service and pay our claims fairly and promptly

— Chubb operates in 54 countries and territories, with approximately 31,000 employees serving a diverse group of clients worldwide

Balanced, Diversified Leader

— A global leader in traditional and specialty P&C coverage for industrial commercial and mid-market companies

— The leading commercial lines insurer in the U.S. and the largest financial lines provider globally

— The leading personal lines insurer for America's successful individuals and families and a large personal lines provider globally

— A global leader in personal accident and supplemental health insurance

— A P&C reinsurer

— An international life insurer focused on Asia

Financial Snapshot (FY 2017)

Gross premiums written $36.4 billion
Net premiums written $29.2 billion
Net income $3.9 billion
Core Operating income $3.8 billion


Premium Distribution by Product (YTD)*

*YTD 2018 net premiums written

P&C Combined Ratio1

1 2016 combined ratio includes results from the first 14 days of January prior to the acquisition close and excludes purchase accounting adjustments and a one-time pension plan harmonization benefit of $113 million; historical combined ratios as if ACE and Chubb were one company.
2 Current accident year P&C combined ratio excluding catastrophe losses.

Geographic Sources of Premium *

*YTD 2018 gross premiums written

Disciplined Underwriting Culture

— Five-year (2013–2017) average combined ratio: 89.1%1

— Our consistent underwriting performance provides stability for customers and shareholders

Balance Sheet Strength (As of June 30, 2018)

— Total assets of $167.5 billion

— Total capital, which reflects our capacity to take on risk, of $64.1 billion

— Net loss reserves of $48.0 billion back our policyholder commitments

— Book value, or shareholders’ equity in the company, is $51.0 billion

— Total investments of $101.2 billion are predominantly investment-grade fixed income securities

Current Ratings1

Rating Agency
Strength Rating
Outlook ERM
S&P AA Stable Strong*
A.M. Best A++ Stable -
Fitch AA Stable -
Moody’s Aa3 Positive -

1Ratings apply to Chubb’s core operating insurance companies as of June 1, 2018. For ratings of individual insurance companies, see Investor Information on

*Top 20% of North America and Bermuda insurance companies rated.

Claims and Engineering

— Claims handling service renowned for its quality, promptness and fairness

— Industry-leading loss control services and more than 400 risk engineering professionals serving commercial clients in the U.S. and globally

— Residential risk consulting and appraisal services

Chubb Leadership

Evan Greenberg
Chairman & Chief Executive Officer
Chubb Limited / Chubb Group

John Keogh
Executive Vice Chairman, Chubb Limited / Chubb Group
Chief Operating Officer

John Lupica
Vice Chairman, Chubb Group
President, North America Major Accounts and Specialty Insurance

Paul J. Krump
Executive Vice President, Chubb Group
President, North America Commercial and Personal Insurance

Juan C. Andrade
Executive Vice President, Chubb Group
President, Overseas General Insurance

Philip Bancroft
Executive Vice President, Chubb Limited / Chubb Group
Chief Financial Officer

Timothy Boroughs
Executive Vice President, Chubb Group
Chief Investment Officer

Edward Clancy
Executive Vice President, Chubb Group
Global Accident & Health and Life

Rainer Kirchgaessner
Executive Vice President, Chubb Group
Global Corporate Development Officer

Sean Ringsted
Executive Vice President, Chubb Group
Chief Risk Officer & Chief Digital Officer

Joseph Wayland
Executive Vice President, Chubb Limited / Chubb Group
General Counsel

Michael Smith 
Chief Claims Officer

North America

Chief Field Operations
Christopher Maleno

Major Accounts
Matthew Merna

Commercial Insurance
C. Scott Gunter

Personal Risk Services
Frances D. O’Brien

Bruce Kessler

Chubb Bermuda
Joseph Clabby

Scott Arnold

Small Commercial
James Williamson


David Furby

Asia Pacific
Paul McNamee

Latin America
Juan Luis Ortega

Eurasia & Africa
Giles Ward

Far East
Brad Bennett

Chubb Global Markets
Matthew Shaw


Chubb Life
Russell Bundschuh

Combined Insurance
Kevin Goulding


Chubb Tempest Re Group
James Wixtead

This document contains non-GAAP financial measures. For a reconciliation to the most directly comparable GAAP measures visit Chubb's Q2 Financial Supplement.

For more information, visit ©2018 Chubb


Investor Relations:

Phone: 1 441 299 9283 Email


U.S. & Bermuda: 1 877 522 3752 Outside the U.S.: 1 201 680 6898 Computershare Website