Chubb Limited Overview and Company Information

Chubb Limited is a global insurance company with a rich history dating back to 1882. The company was founded by Thomas Caldecot Chubb and his son, Percy, in London, England.

The company's early success was driven by its innovative approach to insurance, including the introduction of the first fire insurance policy in 1882. This policy was designed to protect businesses and homes from damage caused by fires.

Chubb Limited is headquartered in Zurich, Switzerland, and has a significant presence in over 54 countries worldwide. The company's global reach is a testament to its commitment to providing insurance solutions to businesses and individuals around the world.

Chubb Limited has consistently delivered impressive financial results. In 2024, the company's net sales reached $45.11B, a significant jump from the $37B in 2023. This upward trend continued in 2025, with net sales reaching $48.38B.

The company's net income has also seen a substantial increase, rising to $8.97B in 2024 from $7.36B in 2023. In 2025, net income further grew to $9.48B. This growth in net income is a testament to the company's strong financial health.

Here's a breakdown of Chubb Limited's financial performance over the past few years:

Chubb Limited's net debt has also seen a slight increase, rising to $15.37B in 2024 from $12.61B in 2023. However, the company's net debt remains under control, indicating a manageable financial risk.

Chubb Limited has a seasoned management team, with Evan Greenberg serving as CEO since 2004. He's been with the company for over 18 years, taking on the role of CEO on April 30, 2004.

The company's President, John Keogh, has been in his position since November 30, 2020. Peter Enns is the Director of Finance/CFO, appointed on June 30, 2021. Timothy Boroughs has been the Chief Investment Officer since May 31, 2000, and Shekar Pannala is the Chief Tech/Sci/R&D Officer, appointed on December 31, 2021.

Evan Greenberg also serves as the Chairman of the board, a role he's held since April 30, 2007. The board of directors is composed of several experienced individuals, including Michael Atieh, who has been a director since December 31, 1989, and Sheila Burke, who joined the board on December 31, 2015.

Here is a list of the board members, along with their titles and ages:

Chubb Limited has a rich history dating back to 1882, when Thomas Caldecot Chubb and his son Percy started a marine underwriting business in New York City.

The company was initially focused on insuring ships and cargoes, and it collected $1,000 from 100 prominent merchants to get started.

Chubb Corporation was incorporated in 1967 and listed on the New York Stock Exchange in 1984.

In 1970, the corporation owned The Chubb Institute, a chain of commercial technical schools that grew out of the company's employee training program.

The schools were sold for $1 to a partnership of private equity firms in 2004, marking a shift in the company's focus.

Chubb Limited has received numerous accolades, including being named the Readers' Choice winner as "Best Admitted Property/Casualty Insurance Company" by Business Insurance in 2007.

In 2010, Chubb was ranked number five on Chicago Business's "Best Places to Work" list.

Here's a snapshot of Chubb Limited's performance compared to its peers:

Note: The table shows a comparison of Chubb Limited's performance with its peers over various time periods.

Chubb Limited has seen significant growth in its sales over the years, with a notable increase in North America Commercial P&C Insurance sales from $15B in 2019 to $21.43B in 2023.

The company's Overseas General Insurance sales have also risen steadily, reaching $13.13B in 2023, up from $9.47B in 2019. Life Insurance sales have experienced a more dramatic surge, jumping from $2.72B in 2019 to $6.15B in 2023.

Here's a breakdown of Chubb Limited's sales by segment:

The company's performance has been mixed, with some periods showing significant gains and others experiencing losses. For example, Chubb Limited's stock price increased by 4.57% in one week, but decreased by 2.47% in the current month.

Chubb Limited's geographical sales breakdown reveals a significant increase in sales over the years. The company's sales in North America have consistently been the highest, reaching $29.71 billion in 2023.

In 2019, Chubb Limited's North America sales were $21.9 billion, but this number increased to $29.71 billion in 2023, a substantial growth of 35.6%. This growth is a testament to the company's strong presence in the region.

The Asia Pacific/Japan region saw a significant increase in sales, from $3.75 billion in 2019 to $8.23 billion in 2023. This represents a growth of 119.2% over the four-year period.

Europe and Latin America also saw growth in sales, with Europe increasing from $3.44 billion in 2019 to $5.03 billion in 2023, a growth of 46.5%, and Latin America increasing from $2.19 billion in 2019 to $2.74 billion in 2023, a growth of 24.7%.

Here is a breakdown of Chubb Limited's geographical sales in 2023:

Overall, Chubb Limited's geographical sales breakdown shows a strong presence in North America, with significant growth in the Asia Pacific/Japan region.

As we take a closer look at the sales and performance of our company, it's clear that there have been some fluctuations in recent times.

Over the past day, the stock price has actually dropped by 1.48%. This is a significant decline, and it's worth keeping an eye on to see if it continues.

In contrast, the stock has seen a more substantial increase over the past week, rising by 4.57%. This is a promising sign, and it's possible that this trend will continue.

The current month has been a bit of a mixed bag, with the stock price dropping by 2.47%. However, this is still within a relatively normal range.

Looking at the numbers, it's clear that the stock price has been relatively stable over the past month, with a decrease of only 0.77%. This suggests that the company is doing okay, but there's still room for improvement.

Here's a breakdown of the stock price over different time periods:

It's worth noting that the stock price has actually dropped by 10.67% over the past three months. This is a significant decline, and it's possible that the company is experiencing some challenges.

Chubb Limited has a rich history that spans over 200 years. The company was founded in 1792 by Thomas Chubb and his son, Henry Chubb, as a lock manufacturer in London.

In 1862, the company began to focus on insurance, and by the early 1900s, it had established itself as a leading provider of fire insurance in the United Kingdom.

The company's early success can be attributed to its innovative approach to insurance, which included the use of cash boxes and other secure storage devices to protect valuables from theft and fire.

ACE acquired Chubb Corporation for $28.3 billion in cash and ACE stock in 2015.

The deal involved ACE shareholders holding 70% of the new combined company, while Chubb shareholders got 30%.

The new company was based in Zürich, where ACE Limited's headquarters were.

Evan Greenberg of ACE became the Chairman and CEO of the new company.

John Finnegan of Chubb became Executive Vice Chairman for North America External Affairs.

The company's board was expanded to 18, with 4 of them coming from Chubb.

The new combined company adopted the Chubb name.

The deal received ACE and Chubb shareholder approval and all required regulatory approval.

The acquisition closed on 14 January 2016.

In 2008, ACE relocated from the Cayman Islands to Zürich, Switzerland, marking a significant move for the company. This change provided ACE with a "better strategic flexibility" and a solid legal and regulatory environment.

The company ESIS Inc. was hired by BP in 2010 to process claims made by the victims of the Deepwater Horizon oil spill. This was a major undertaking that required careful management.

ACE Limited purchased Rain and Hail, LLC for $1.1 billion in 2010. This acquisition made ACE a leader in crop insurance in the United States. Rain and Hail Insurance Service is headquartered in Johnston, Iowa.

In 2010, ACE Limited also acquired the Hong Kong and Korea life insurance operations of New York Life. This move expanded ACE's presence in the global insurance market.

ACE Limited purchased agribusiness insurer Penn Millers in 2011. This acquisition further solidified ACE's position in the crop insurance industry.

In October 2014, ACE Limited acquired the large commercial property and casualty business of Itaú Unibanco Holding SA. This transaction made ACE the largest property and casualty insurer in Brazil.

ACE Limited acquired the Fireman's Fund high net-worth personal lines insurance business in the U.S. from Allianz for $365 million in April 2015. ACE Private Risk Services is now one of the largest high net worth insurers in the U.S.

On 1 September 2020, Chubb introduced the latest update of its Enterprise Guard Plus product for the emerging needs of Hong Kong business insurance. This update reflects the changing needs of businesses in the region.

In February 2021, Chubb Limited and the World Health Organization announced the roll out of a no-fault compensation scheme for COVID-19 vaccinations for low and middle-income countries. This initiative aims to provide support to those who need it most.