CB · 8-K · 20260721PR310312

FX / Currency Impact

Chubb Ltd · 2026-07-21 · Importance 26 · Surprise 24

Foreign-exchange movements reduced Chubb’s book value through $254 million of after-tax foreign-currency losses in the three months ended June 30, 2026. For the six months ended June 30, 2026, foreign-currency gains of $92 million partly offset $1.55 billion of investment-portfolio losses. Management evaluates international trends on a constant-dollar basis because exchange-rate fluctuations can distort reported results.

Key facts

• For the last three months, book value was favorably impacted by after-tax net realized and unrealized gains of $388 million in Chubb’s investment portfolio, partially offset by $254 million of foreign currency losses. source