The net income of Chubb Limited for the quarter ended June 30, 2026, was USD 2.85 billion, and core operating income was USD 2.84 billion. For the six months ended June 30, 2026, net income was USD 5.17 billion, and core operating income was USD 5.53 billion, Chubb announced on its website.
The key takeaways of the report are:
- Net income was USD 2.85 billion vs USD 2.97 billion prior year, and core operating income was USD 2.84 billion, up 14.6%.
- P&C net premiums written were USD 12.77 billion, up 3.0%, or 6.3% excluding large account and E&S property.
- North America Commercial was down 2.3%.
- Middle market and small commercial was up 8.9%.
- Major accounts and specialty was down 9.0% due to underwriting actions on property, and up 0.4% excluding large account and E&S property.
- North America Personal was up 6.0%.
- North America Agriculture was up 6.0%.
- Overseas General was up 10.2%, or 4.8% in constant dollars. Consumer insurance was up 12.1% and commercial insurance was up 8.8%; Latin America, Asia and Europe were up 15.6%, 12.0% and 5.1%, respectively.
- North America Commercial was down 2.3%.
- P&C underwriting income was USD 1.94 billion, up 18.8%, with a combined ratio of 83.8%. P&C current accident year underwriting income excluding catastrophe losses was USD 2.13 billion, up 5.8%, with a combined ratio of 82.2%.
- Total pre-tax net catastrophe losses were USD 475 million compared with USD 630 million in the prior year.
- Total pre-tax favorable prior period development was USD 283 million compared with USD 249 million in the prior year.
- Life Insurance net premiums written were USD 1.94 billion, up 7.5%, and segment income was USD 332 million, up 9.0%, with International Life income up 13.0%. Life Insurance net premiums written and deposits collected were USD 2.65 billion, up 14.4%.
- Pre-tax net investment income was USD 1.76 billion, up 12.3%, and adjusted net investment income was USD 1.88 billion, up 11.4%. Both were records.
- Annualized return on equity (ROE) was 15.3%. Annualized core operating return on tangible equity (ROTE) was 21.2% and annualized core operating ROE was 14.5%.
"We had a very strong quarter with results that again reflect the strengths of our company, including our sources of income, our diversification globally and the growth opportunities it presents, the size and strength of our balance sheet and the growth of our invested asset, and, finally, our disciplined approach to underwriting, which is a hallmark of our culture”, said Evan G. Greenberg, Chairman and Chief Executive Officer of Chubb Limited.

The full report can be found here.
