Chubb Limited Reports Record $10.31 Billion Net Income for Fiscal Year 2025

Chubb Limited reported a strong financial performance for the fiscal year ending December 31, 2025, with net income attributable to the company reaching a record $10.31 billion, an increase of 11.2% from $9.27 billion in 2024. The company’s consolidated net premiums written also rose by 6.6% to $54.84 billion, driven by growth in both property and casualty (P&C) and life insurance segments. The P&C segment saw a 5.4% increase in net premiums written, while the life insurance segment experienced a notable 15.1% growth, reflecting strong demand in international markets, particularly in North Asia.

Compared to the previous fiscal year, Chubb's total revenues increased by 6.5% to $59.40 billion, supported by a 9.0% rise in net investment income, which reached $6.47 billion. The company’s underwriting performance improved, with a P&C combined ratio of 85.7%, down from 86.6% in 2024, indicating better efficiency in managing claims and expenses. The decrease in the combined ratio was attributed to lower catastrophe losses, particularly from severe weather events, and favorable prior period development.

Strategically, Chubb expanded its operations through acquisitions, including a controlling interest in Huatai Insurance Group, which was finalized on July 1, 2023. This acquisition is expected to enhance Chubb's product offerings and geographic reach, particularly in the Asian markets. The company also launched new initiatives to improve service delivery and product offerings, particularly for small and lower mid-market customers, through a modernized digital operating model.

Operationally, Chubb maintained a workforce of approximately 45,000 employees, with a focus on talent acquisition and retention. The company filled around 9,000 roles in 2025, reflecting a healthy talent pipeline. Additionally, Chubb's investment portfolio grew significantly, with total investments valued at $168.75 billion at year-end, up from $150.70 billion in 2024. The company’s strong capital position, with total shareholders' equity of $73.76 billion, provides a solid foundation for future growth and strategic initiatives.

Looking ahead, Chubb anticipates continued growth driven by its diversified product offerings and geographic expansion. The company remains focused on maintaining underwriting discipline and leveraging its strong balance sheet to capitalize on market opportunities. However, it acknowledges potential risks from economic fluctuations, regulatory changes, and the impacts of climate change on its operations and underwriting practices.