secwatch.observer — SEC 8-K summary
======================================

Issuer:     Chubb Ltd (CB)
CIK:        0000896159
Form:       8-K
Filed at:   2022-04-26T23:59:59+00:00
Accession:  0001193125-22-120258
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Chubb Q1 core operating EPS $3.82 (+51.6% YoY); record P&C combined ratio 84.3%
-------------------------------------------------------------------------------

- Net income $1.97B ($4.59 EPS) vs $2.30B ($5.07) prior year; core operating income $1.64B ($3.82 EPS) up 43.6%.
- P&C combined ratio record 84.3% (vs 91.8%); current accident year ex-cat 83.5% (vs 85.2%).
- Global P&C commercial NPW up 10.3% (11.9% constant); North America commercial ex-ag up 10.5%.
- Book value per share fell 4.4% to $133.82 due to $3.57B after-tax unrealized losses from rising rates.
- Total capital returned $1.34B including $1.0B buybacks; adjusted net investment income $901M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/896159/000119312522120258/0001193125-22-120258-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/896159/000119312522120258/d565895d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-120258

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer