Chubb posts 33% Q2 2025 profit surge as income hits $3b

Regionally, premiums rose 12.7% in Asia.

Chubb posted a 33.1% year-on-year increase in net income to $2.97b in the second quarter, whilst core operating income rose 12.9% to a record $2.48b.

Property and casualty (P&C) net premiums written reached $12.39b, up 5.2%, or 5.8% in constant dollars. 

Global P&C net premiums written, excluding agriculture, grew 5.8%, or 6.4% in constant dollars.

Chubb’s Overseas General business posted an 8.5% increase in P&C premiums, or 10.2% in constant dollars, led by 15.3% growth in consumer insurance and 6.8% in commercial insurance. 

Regionally, premiums rose 17.3% in Latin America, 12.7% in Asia, and 8.2% in Europe.

P&C underwriting income reached a record $1.63b, up 15%, with a combined ratio of 85.6%.

Life insurance net premiums written rose 14.1% to $1.80b, or 17.3% in constant dollars.

Segment income increased 10.4% to $305m, or 15.3% in constant dollars

Chubb reported an annualized return on equity of 17.6%. Core operating return on tangible equity was 21%, and core operating return on equity was 13.9%.