Chubb Limited Reports 33.1% Increase in Net Income to $2.97 Billion for Q2 2025

Chubb Limited reported strong financial performance for the second quarter of 2025, with net income attributable to the company reaching $2.97 billion, a 33.1% increase from $2.23 billion in the same period last year. The company’s total revenues for the quarter were $14.84 billion, up 7.2% from $13.84 billion in the prior year, driven by a 6.3% increase in net premiums written, which totaled $14.20 billion. The growth in premiums was attributed to strong performance in both property and casualty (P&C) and life insurance segments, with P&C net premiums written increasing to $12.39 billion, reflecting a 5.2% rise.

In comparison to the previous fiscal period, Chubb's net premiums earned also saw a notable increase, rising to $13.13 billion from $12.29 billion, marking a 6.8% growth. The company’s net investment income increased by 6.8% to $1.57 billion, supported by higher average invested assets. However, total expenses remained relatively stable, with a slight decrease to $11.12 billion from $11.13 billion, resulting in an income before income tax of $3.72 billion, a 37.4% increase from $2.71 billion in the prior year.

Strategically, Chubb completed the acquisition of Liberty Mutual's property and casualty insurance businesses in Thailand for $321 million, which is expected to enhance its market presence in Asia. Additionally, the company increased its ownership in Huatai Group to approximately 87.2%, further solidifying its position in the Asian insurance market. The company also reported a significant increase in its cash flow from operations, amounting to $3.55 billion, although this was lower than the $7.3 billion reported in the previous year, primarily due to higher net losses and taxes paid.

Operationally, Chubb's customer base and engagement metrics showed positive trends, with the company reporting a total of $261.56 billion in assets as of June 30, 2025, up from $246.55 billion at the end of 2024. The company’s total shareholders' equity also increased to $74.45 billion, compared to $68.39 billion at the end of the previous year. The P&C combined ratio improved to 85.6% from 86.8%, indicating better underwriting performance, while the life insurance segment also reported growth in premiums and income.

Looking ahead, Chubb remains optimistic about its growth trajectory, with expectations of continued premium growth driven by strong demand in both commercial and consumer lines. The company anticipates that its strategic acquisitions and increased market presence in Asia will contribute positively to its financial performance in the coming quarters.