CB · 10-Q · 2026Q3 · Full report

ESG and Sustainability

Chubb Ltd · 2026-10-28 · Importance 17 · Surprise 24

Chubb identifies climate change as a factor that complicates catastrophe-loss modeling and could affect exposure to natural catastrophe risks. The company stress-tested its U.S. hurricane, inland flood, and wildfire exposures using parameters from the IPCC Climate Change 2021 report. Based on current exposures, Chubb did not expect material impacts to baseline probable maximum losses through December 31, 2026; the tests exclude potential mitigation from building codes, risk mitigation, regulation, and public policy.

Key facts

• Chubb does not expect material impacts to baseline PMLs from climate change through December 31, 2026, based on stress tests of U.S. hurricane, inland flood, and wildfire risk. source