CB · 8-K · 20261020PR426866

Balance Sheet and Liquidity

Chubb Ltd · 2026-10-20 · Importance 18 · Surprise 14

At September 30, 2026, investments increased to $172.51 billion from $168.72 billion at December 31, 2025, while cash and restricted cash increased to $3.01 billion from $2.47 billion. Total assets rose to $283.51 billion from $272.33 billion, and reinsurance recoverable on losses increased to $20.61 billion from $20.34 billion. Chubb shareholders’ equity excluding AOCI increased to $82.71 billion from $78.73 billion, but reported shareholders’ equity declined to $73.23 billion from $73.76 billion because AOCI worsened to negative $9.48 billion. Book value per share increased 5.1% year over year to $191.43, while tangible book value per share excluding AOCI increased 15.4% to $150.70.

Key facts

• Operating cash flow was $6.07 billion and adjusted operating cash flow was $5.55 billion, both records for the quarter. source
• Chubb reported investments of $172,507 million as of September 30, 2026 and total invested assets of $175,517 million. source
• Total assets as of September 30, 2026 were $283,509 million and total liabilities were $204,997 million. source
• Chubb shareholders’ equity excluding AOCI was $82,710 million as of September 30, 2026, and accumulated other comprehensive income (AOCI) was -$9,483 million. source
• Book value per share and tangible book value per share excluding AOCI increased by 11.1% and 15.4% from September 30, 2025. source
• Weighted average shares outstanding were 389.4 million for the three months ended September 30, 2026. source
• Book value per share on September 30, 2026 was $191.43, up 5.1% from September 30, 2025. source
• Tangible book value per share on September 30, 2026 was $126.96, up 5.7% from September 30, 2025. source