--- schema_version: "secwatch.filing_event.v1" accession: "0001104659-24-062549" form_type: "8-K" ticker: "CB" cik: "0000896159" company_name: "Chubb Ltd" filed_at: "2024-05-16T23:59:59+00:00" generated_at: "2026-06-01T22:22:38.310981+00:00" event_type: "other_material" sentiment: "neutral" materiality_score: 0.4 calibrated_materiality_score: 0.4 confidence: "high" source: SEC EDGAR --- # Chubb shareholders approve capital band, share cancellation, and ESPP at 2024 AGM ## Summary - Capital band authorizes board to increase or decrease share capital by up to 20% for one year through May 2025. - Share cancellation of repurchased shares approved; amended Articles expected to register on or about May 22, 2024. - All 14 management proposals passed; two shareholder proposals on Scope 3 emissions and pay gap reporting rejected. - Amended Employee Stock Purchase Plan approved, adding 2.5 million shares for future purchases. ## SEC filing metadata - accession: 0001104659-24-062549 - form_type: 8-K - ticker: CB - cik: 0000896159 - company_name: Chubb Ltd - filed_at: 2024-05-16T23:59:59+00:00 - event_type: other_material - sentiment: neutral - materiality_score: 0.4 - calibrated_materiality_score: 0.4 - confidence: high - sec_items: 5.02, 5.03, 5.07, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/896159/000110465924062549/0001104659-24-062549-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/896159/000110465924062549/tm2414646d1_8k.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001104659-24-062549 - JSON: https://secwatch.observer/filing/0001104659-24-062549.json - Plain text: https://secwatch.observer/filing/0001104659-24-062549.txt ## Source-grounded claims - claim_id: f032c26378838abb8a394985ba39b8c44b1eeb07 claim: Chubb Ltd: Approved an amendment to Article 6 of the Articles of Association to introduce a capital band authorizing the Board to increase or decrease share capital by up to 20% for a 1-year period, and a share capital reduction via cancellation of shares (effective 2024-05-22). evidence_excerpt: At the annual general meeting, the Company’s shareholders also approved (i) a share capital reduction via cancellation of shares, as further described in the Proxy Statement under the heading “Agenda Item 9: Cancellation of Repurchased Shares,” incorporated herein by reference; and (ii) an amendment to Article 6 of the Articles of Association to authorize the Company’s Board of Directors to introduce a capital band, which authorizes the Board of Directors to increase or decrease the Company’s share capital by up to 20% for a 1-year period ending on May 16, 2025, and in connection therewith, limit or withdraw the shareholders’ pre-emptive rights in specified and limited circumstances, all as further described in the Proxy Statement under the heading “Agenda Item 10: Approval of a Capital Band for Authorized Share Capital Increases and Reductions,” which is incorporated herein by reference. evidence_url: https://www.sec.gov/Archives/edgar/data/896159/000110465924062549/0001104659-24-062549-index.htm - claim_id: 1b88376c5f607db522965a066fdf1a839fef8111 claim: Chubb Ltd shareholders approved Election of PricewaterhouseCoopers AG (Zurich) as the Company's statutory auditor for the financial year ending December 31, 2024 at the 2024-05-16 meeting. evidence_excerpt: 4.1 Election of PricewaterhouseCoopers AG (Zurich) as the Company’s statutory auditor for the financial year ending December 31, 2024 Shares Voted For Shares Voted Against Shares Abstained Broker Non-Votes 346,648,307 14,420,831 228,430 0 evidence_url: https://www.sec.gov/Archives/edgar/data/896159/000110465924062549/0001104659-24-062549-index.htm - claim_id: 1ba75017b51161ca222320609894b78259467149 claim: Chubb Ltd shareholders approved Election of Michael P. Connors as Compensation Committee member until the Company's next annual general meeting at the 2024-05-16 meeting. evidence_excerpt: 7.1 Election of Michael P. Connors as Compensation Committee member until the Company’s next annual general meeting Shares Voted For Shares Voted Against Shares Abstained Broker Non-Votes 321,479,700 14,468,622 279,390 25,069,856 evidence_url: https://www.sec.gov/Archives/edgar/data/896159/000110465924062549/0001104659-24-062549-index.htm - claim_id: 278561d0a0e67dce331a367249739937bc523d1a claim: Chubb Ltd shareholders approved Cancellation of repurchased shares at the 2024-05-16 meeting. evidence_excerpt: 9. Cancellation of repurchased shares Shares Voted For Shares Voted Against Shares Abstained Broker Non-Votes 360,234,451 688,687 374,430 0 evidence_url: https://www.sec.gov/Archives/edgar/data/896159/000110465924062549/0001104659-24-062549-index.htm - claim_id: 2e434ef18bfeb95c6457263e8e0c195ed1a31ac9 claim: Chubb Ltd shareholders approved Election of Homburger AG as independent proxy until the conclusion of the Company's next annual general meeting at the 2024-05-16 meeting. evidence_excerpt: 8. Election of Homburger AG as independent proxy until the conclusion of the Company’s next annual general meeting Shares Voted For Shares Voted Against Shares Abstained Broker Non-Votes 360,701,122 224,978 371,468 0 evidence_url: https://www.sec.gov/Archives/edgar/data/896159/000110465924062549/0001104659-24-062549-index.htm - claim_id: 4b83aceeac569206c1aa67e7faef58bfbd8d6a29 claim: Chubb Ltd shareholders approved Election of BDO AG (Zurich) as special audit firm until the Company's next annual general meeting at the 2024-05-16 meeting. evidence_excerpt: 4.3 Election of BDO AG (Zurich) as special audit firm until the Company’s next annual general meeting Shares Voted For Shares Voted Against Shares Abstained Broker Non-Votes 360,123,776 924,642 249,150 0 evidence_url: https://www.sec.gov/Archives/edgar/data/896159/000110465924062549/0001104659-24-062549-index.htm - claim_id: 52d3d982e11e6e307805ee20e3e3f7081cf99171 claim: Chubb Ltd shareholders approved Allocation of disposable profit at the 2024-05-16 meeting. evidence_excerpt: 2.1 Allocation of disposable profit Shares Voted For Shares Voted Against Shares Abstained Broker Non-Votes 360,807,595 213,997 275,976 0 evidence_url: https://www.sec.gov/Archives/edgar/data/896159/000110465924062549/0001104659-24-062549-index.htm - claim_id: 58b586dd3f7af0a615fcd33391de9fc83d46c7f3 claim: Chubb Ltd shareholders approved Ratification of appointment of PricewaterhouseCoopers LLP (United States) as independent registered public accounting firm for purposes of U.S. securities law reporting for the financial year ending December 31, 2024 at the 2024-05-16 meeting. evidence_excerpt: 4.2 Ratification of appointment of PricewaterhouseCoopers LLP (United States) as independent registered public accounting firm for purposes of U.S. securities law reporting for the financial year ending December 31, 2024 Shares Voted For Shares Voted Against Shares Abstained Broker Non-Votes 342,854,392 18,207,007 236,169 0 evidence_url: https://www.sec.gov/Archives/edgar/data/896159/000110465924062549/0001104659-24-062549-index.htm - claim_id: 656a0de90cf58ada1a28d69c316ecc6410ced84e claim: Chubb Ltd shareholders approved Election of Evan G. Greenberg as Chairman of the Board of Directors until the Company's next annual general meeting at the 2024-05-16 meeting. evidence_excerpt: 6. Election of Evan G. Greenberg as Chairman of the Board of Directors until the Company’s next annual general meeting Shares Voted For Shares Voted Against Shares Abstained Broker Non-Votes 265,361,205 69,364,868 1,501,639 25,069,856 evidence_url: https://www.sec.gov/Archives/edgar/data/896159/000110465924062549/0001104659-24-062549-index.htm - claim_id: 9177d461a0f1a25a9ae2f5d2b263eae37211b0c3 claim: Chubb Ltd shareholders approved Election of directors (slate of 13 nominees) at the 2024-05-16 meeting. evidence_excerpt: 5.1 Election of Evan G. Greenberg as director until the Company’s next annual general meeting Shares Voted For Shares Voted Against Shares Abstained Broker Non-Votes 314,270,439 20,774,145 1,183,128 25,069,856 evidence_url: https://www.sec.gov/Archives/edgar/data/896159/000110465924062549/0001104659-24-062549-index.htm - claim_id: a4ad26222745baf1d0947598e078c34e91f852bd claim: Chubb Ltd shareholders approved Approval of the management report, standalone financial statements and consolidated financial statements of Chubb Limited for the year ended December 31, 2023 at the 2024-05-16 meeting. evidence_excerpt: 1. Approval of the management report, standalone financial statements and consolidated financial statements of Chubb Limited for the year ended December 31, 2023 Shares Voted For Shares Voted Against Shares Abstained Broker Non-Votes 360,085,556 206,028 1,005,984 0 evidence_url: https://www.sec.gov/Archives/edgar/data/896159/000110465924062549/0001104659-24-062549-index.htm - claim_id: ededdeeccca3f3f3669b3aaaeff0fbde4bc3ce5f claim: Chubb Ltd shareholders approved Discharge of the Board of Directors at the 2024-05-16 meeting. evidence_excerpt: 3. Discharge of the Board of Directors Shares Voted For Shares Voted Against Shares Abstained Broker Non-Votes 332,421,027 2,406,632 1,201,232 25,069,856 evidence_url: https://www.sec.gov/Archives/edgar/data/896159/000110465924062549/0001104659-24-062549-index.htm - claim_id: f97b0da99ed19889ed1ad490261fdfaffc954e76 claim: Chubb Ltd shareholders approved Distribution of a dividend out of legal reserves (by way of release and allocation to a dividend reserve) at the 2024-05-16 meeting. evidence_excerpt: 2.2 Distribution of a dividend out of legal reserves (by way of release and allocation to a dividend reserve) Shares Voted For Shares Voted Against Shares Abstained Broker Non-Votes 360,902,705 150,469 244,394 0 evidence_url: https://www.sec.gov/Archives/edgar/data/896159/000110465924062549/0001104659-24-062549-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.