CB · Earnings call · 2026Q3T · Full report
Investment Portfolio Losses
Chubb Ltd · 2026-10-20 · Importance 26 · Surprise 24 · In source text
Rising interest rates produced $4.5 billion of net realized and unrealized losses in the third quarter. Chubb said its investment portfolio had a moderate duration and conservative investment-grade credit profile, with fixed income accounting for 88% of invested assets. Management expects the mark to amortize away reasonably quickly because of the portfolio's duration and higher reinvestment rates.
Key facts
- Rising rates produced $4.5 billion of net realized and unrealized losses in Q3 2026; Chubb said the mark would amortize away reasonably quickly given its duration and higher reinvestment rates.
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| net_income | negative | realized | -27.8% | Rising rates produced $4.5 billion of net realized and unrealized losses in Q3 2026; Chubb said the mark would amortize away reasonably… |