CB · Earnings call · 2026Q3T · Full report

International Market Growth

Chubb Ltd · 2026-10-20 · Importance 26 · Surprise 24

Management described Asia as one of the world’s faster-growing regions, citing rising middle-class activity, digitization, and growth in small and mid-sized businesses. It said Southeast Asia, Korea, and Taiwan were benefiting from U.S.-linked capital investment and supply-chain activity, and expressed optimism about the region over the short, medium, and longer term. Chubb’s business in Hong Kong and China was growing double digits despite a soft domestic environment; Thailand remained solid, while Singapore and Malaysia were also growing well. Management noted that emerging markets have greater volatility and that performance varies by country.

Key facts

• Chubb said international life premiums and deposits rose over 15.5%, with most growth coming from North Asia—China, Hong Kong, Korea and Taiwan—and Thailand also contributing.
• Chubb’s management said P&C and life business in Hong Kong and China was growing double digit despite a soft domestic environment.
• Chubb’s CFO said Q3 2025 included an acquisition of a closed block of business in New Zealand, whose impact was approximately 8%; Asia-life net written premium production was about 10.5% on a comparable basis.