Fire, Marine & Casualty Insurance · SIC 6331

Chubb Ltd

CB

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Latest revenue

$1.71B

as of 2026-03-31

Latest net income

$2.32B

as of 2026-03-31

Net margin

135.8%

as of 2026-03-31

Price · 5Y

+15.8% / yr 2.1 pts / yr vs S&P 500 108.1% total
Compare:

Live market

delayed ≤15 min
$327.89
0.72%
Market cap
$148.00B
Enterprise value
$160.40B
P/E (trailing)
14.4×
Forward P/E
P/B
2.01×
Dividend yield
1.2%
52-wk high
$345.67
52-wk low
$264.10
Beta
Shares out
451.4M

5-year trend

What this company does

AI

Chubb is a Zurich-based global insurer selling property & casualty, accident & health, life, and reinsurance coverage to businesses and individuals across North America and overseas markets. It earns money primarily from net premiums on policies it underwrites, supplemented by investment income on its $170 billion portfolio of bonds and equities. First-quarter premiums grew 11% to $14 billion and net income jumped 74% to $2.3 billion, reflecting lower catastrophe losses and stronger underwriting alongside aggressive buybacks of $1.1 billion.

Key risks

AI
  • Investment portfolio mark-to-market pressure: Q1 net realized losses of $407M and AOCI declined to -$5.9B from -$5.0B on $1.8B unrealized depreciation.
  • Reserve adequacy exposure: $88.9B unpaid loss reserves and $20.2B reinsurance recoverables; any adverse development would materially hit $73.8B equity base.
  • Aggressive capital return amid rising leverage: $1.17B repurchased in Q1 (vs $691M prior year) while long-term debt rose to $15.97B.

Profitability

Net margin

17.4%

4.4%

Return on equity

14.0%

3.5%

Return on assets

790.0%

1.2%

Leverage

Debt / equity

-0.98×

0.0%

Long-term debt / equity

0.21×

5.1%

Debt / assets

-5551.9%

2.5%

Earnings tracker

QuarterRevenueYoYNet incomeYoYNet margin

Q1 2026

2026-03-31

$1.71B+9.5%$2.32B+74.3%135.8%

Q4 2025

2025-12-31

$54.63B+6.3%$3.21B+24.7%5.9%

Q3 2025

2025-09-30

$1.65B+9.3%$2.80B+20.5%170.0%

Q2 2025

2025-06-30

$1.57B+6.8%$2.97B+33.1%189.3%

Q1 2025

2025-03-31

$1.56B+12.2%$1.33B-37.9%85.3%

Q4 2024

2024-12-31

$51.39B$2.58B5.0%

Q3 2024

2024-09-30

$1.51B+14.8%$2.32B+13.8%154.1%

Q2 2024

2024-06-30

$1.47B+28.2%$2.23B+24.4%151.9%

Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.

Industry trend

Fire, Marine & Casualty Insurance · SIC 6331

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Insider activity

Insider buying

$3.0M

Insider selling

$49.2M

Net activity

−$46.2M

Distinct insiders

11

Open-market trades over the last 365 days.

Recent transactions

DateInsiderTypeSharesPriceValue
2026-03-19

Olivier Steimer

Director

Sale2,000$329.30$658.6K
2026-03-06

George F. Ohsiek

Chief Accounting Officer

Sale770$325.20$250.4K
2026-03-04

Bryce L. Johns

Senior Vice President,*

Sale1,500$336.62$504.9K
2026-03-03

Joseph F Wayland

Executive Vice President and*

Sale7,645$336.44$2.6M
2026-02-13

George F. Ohsiek

Chief Accounting Officer

Sale3,900$324.30$1.3M

Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.

Who owns CB

Institutional value

$34.34B

Total shares held

106.8M

Distinct holders

741

As of

2026-03-31

Filers with $100M+ AUM disclose holdings 45 days after quarter end.

Top institutional holders

#ManagerSharesValueQoQ changeAction
1VANGUARD CAPITAL MANAGEMENT LLC23.3M$7.58BNew
2GQG Partners LLC12.4M$4.05BNew
3VANGUARD PORTFOLIO MANAGEMENT LLC8.9M$2.91BNew
4WELLS FARGO & COMPANY/MN4.7M$1.52BNew
5Bank of New York Mellon Corp3.4M$1.11BNew
6UBS Group AG2.9M$935.8MNew
7Legal & General Group Plc2.6M$840.3MNew
8Invesco Ltd.2.3M$741.5MNew
9DIMENSIONAL FUND ADVISORS LP2.2M$701.7MNew
10VANGUARD FIDUCIARY TRUST CO2.0M$664.3MNew
11Nuveen, LLC1.8M$576.8MNew
12PRINCIPAL FINANCIAL GROUP INC1.3M$428.0MNew
13ENVESTNET ASSET MANAGEMENT INC1.3M$423.9MNew
14DEUTSCHE BANK AG\1.3M$418.9MNew
15Davis Selected Advisers1.2M$389.6MNew
16National Pension Service1.2M$378.5MNew
17Swiss National Bank1.1M$357.6MNew
18Sumitomo Mitsui Trust Group, Inc.971.2K$316.5MNew
19MYCIO WEALTH PARTNERS, LLC950.4K$309.8MNew
20Troy Asset Management Ltd874.8K$285.1MNew

Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.

Top questions investors are asking

AI
  1. 1

    Losses and loss expenses fell to $6.13B from $6.90B despite 11% NPW growth—how much was favorable PYD versus benign cat activity, and is this run-rate sustainable?

  2. 2

    Net realized losses widened to $407M and AOCI deteriorated $936M on $1.83B unrealized depreciation—what's driving the fixed-income mark, and any forced-sale risk?

  3. 3

    You repurchased $1.14B of stock this quarter versus $385M a year ago—what's the buyback pace for 2026 given rising rates and reserve growth?