CB · Earnings call · 2026Q3T · Full report
Balance Sheet and Liquidity
Chubb Ltd · 2026-10-20 · Importance 49 · Surprise 32 · From source text
Chubb reported book value of $73 billion and described its liquidity as excellent. Adjusted operating cash flow reached a record $12.8 billion over the first nine months of 2026. Invested assets exceeded $175 billion, compared with $168 billion a year earlier.
Key facts
- Chubb’s invested assets exceeded $175 billion, up from $168 billion a year earlier.
- Chubb’s book value was $73 billion, and adjusted operating cash flow reached a record $12.8 billion over the first nine months of 2026.
- Fixed-income-related investments were 88% of Chubb’s invested assets and equity-related investments were 12%.
- Chubb’s book and tangible book value per share, excluding AOCI, increased 2.6% and 3.5%, respectively, in Q3 2026; tangible book value per share adjusted for AOCI was up 15.4% year over year.
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| assets | positive | realized | — | Chubb’s invested assets exceeded $175 billion, up from $168 billion a year earlier. |