Chubb Q2 2026 Earnings Call: Complete Transcript

Chubb (NYSE: CB ) held its second-quarter earnings conference call on Wednesday. Below is the complete transcript from the call. APIs provide real-time access to earnings call transcripts and financial data. Visit to learn more.

5%. 8%. 88 billion, driven by strong fixed income performance. 4 billion to shareholders in the quarter through buybacks and dividends.

The company highlighted its global diversification and disciplined underwriting as key strengths, with significant growth in international markets, particularly in Asia and Latin America. S. large account property and E&S casualty lines, where pricing may not keep pace with loss costs. Chubb's book value per share reached an all-time high, and the company remains confident in its ability to generate strong growth in operating earnings and tangible book value.

Management expressed a cautious outlook on market conditions but emphasized the company's resilience and strategic positioning for long-term wealth creation. Full Transcript Jalen, Operator Thank you for standing by. My name is Jalen. I will be your conference operator today.

At this time I would like to welcome everyone to the Chubb Limited second quarter 2026 earnings call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you would like to ask a question during this time, simply press Star followed by the number one on your telephone keypad.

If you would like to withdraw your questions, simply press Star one again. I would now like to turn the conference over to Susan Spivak, Senior Vice President, Investor Relations. You may begin. Susan Spivak, Senior Vice President, Investor Relations Thank you and welcome to our June 30, 2026 second quarter earnings conference call.

Our report today will contain forward-looking statements including statements relating to the company performance, pricing and business mix, growth opportunities and economic and market conditions which are subject to risks and uncertainties and actual results may differ materially. com, for more information on factors that could affect these matters. We will also refer today to non-GAAP financial measures, reconciliations of which to the most direct comparable GAAP measures and related details are provided in our earnings press release and financial supplement. Now I'd like to introduce our speakers.

First we have Evan Greenberg, Chairman and Chief Executive Officer, followed by Peter Enns, our Chief Financial Officer, and Chris Hogan, our Chief Investment Officer. Then we will take your questions. Also with us today to assist with your questions are several members of our management team, and it's now my pleasure to turn the call over to Evan. Evan Greenberg, Chairman and Chief Executive Officer Good morning.

We had a very strong quarter. The results speak to our strengths and competitive profile, the health of our balance sheet, the growth of our invested asset and the diversification of our businesses globally with the opportunities they present, all set against our disciplined approach to underwriting. 2% respectively over the prior year. 1% year over year.

5%. 8 on a current accident year basis. 2%. 88 billion, up more than 11%, supported by excellent performance in our fixed income and alternative asset portfolios.

5% as of June 30. Our invested asset now stands at 175 billion, up from 161 billion a year ago. Life income of 332 million was up 9%. As you know, we are well diversified globally by geography and product and by the type of customer we serve in both commercial and consumer businesses.

And we are well diversified by distribution channel, reaching customers the way they want to buy. Our pattern of growth speaks to this. The substantial majority of our businesses are growing with the balance flat or purposely shrinking due to inadequate pricing or terms. S.

large account and E&S property, where we again shed a significant volume of premium. S. and globally are growing at various rates, some faster, some slower, market and macro conditions dependent, including personal lines, small and middle market, commercial A&H, life, and even large account business excluding property. Peter's going to have more to say about financial items.

3 excluding large account property. Overseas G