secwatch.observer — SEC 8-K summary
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Issuer:     Chubb Ltd (CB)
CIK:        0000896159
Form:       8-K
Filed at:   2025-04-22T23:59:59+00:00
Accession:  0001193125-25-089344
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Chubb Q1 net income drops 38% to $3.29/sh on $1.64B catastrophe losses, core operating income $3.68/sh
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- Net income $1.33B ($3.29/sh) vs $2.14B ($5.23/sh) last year; core operating income $1.49B ($3.68/sh) down 31%.
- Pre-tax catastrophe losses $1.64B (15.9 pts of combined ratio), including $1.47B from California wildfires.
- P&C combined ratio 95.7%; current accident year combined ratio ex-cats improved to 82.3% from 83.7% prior year.
- Consolidated net premiums written $12.6B, up 5.7% constant currency; Life insurance premiums up 10.3% constant currency.
- Book value per share $164.01, up 2.7% from Dec 31; core operating ROTE 13.0%, ROE 8.2%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/896159/000119312525089344/0001193125-25-089344-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/896159/000119312525089344/d877161d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-089344

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