The firm has successfully scaled its asset base from $230.7 billion in 2023Q4 to $275.5 billion by 2026Q1, providing a substantial capital cushion to absorb potential shocks in its casualty portfolios.
| Metric | TTM | Dec'25 | Dec'24 | Dec'23 | Dec'22 | Dec'21 | Dec'20 | Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 | Dec'07 | Dec'06 | Dec'05 | Dec'04 | Dec'03 | Dec'02 | Dec'01 | Dec'00 | Dec'99 | Sep'98 | Sep'97 | Sep'96 |
|---|
| Total Assets | 275.46B | 272.33B | 246.55B | 230.68B | 199.02B | 200.05B | 190.77B | 176.94B | 167.77B | 167.02B | 159.79B | 102.31B | 98.25B | 94.51B | 92.55B | 87.5B | 83.36B | 77.98B | 72.06B | 72.09B | 67.14B | 62.44B | 56.34B | 49.55B | 43.45B | 37.19B | 31.69B | 30.12B | 8.79B | 5B | 4.57B |
| Asset Growth % | 37.36% | 10.46% | 6.88% | 15.91% | -0.52% | 4.86% | 7.82% | 5.47% | 0.45% | 4.53% | 56.18% | 4.13% | 3.96% | 2.12% | 5.76% | 4.98% | 6.89% | 8.22% | -0.05% | 7.38% | 7.52% | 10.82% | 13.7% | 14.04% | 16.85% | 17.35% | 5.2% | 242.74% | 75.72% | 9.34% | 41.18% |
| Total Investment Assets | 4M | 168.72B | 178.95B | 162.55B | 135.98B | 207.41B | 205.77B | 110.57B | 678M | 662M | 666M | 653M | 504M | -50.55B | 49.53B | 97.63B | 360M | 433M | 832M | 3.4B | 3.25B | 32.5B | 26.93B | 25.04B | 18.6B | 17.06B | 14.52B | 13.17B | 6.21B | 4.65B | 4.47B |
| Long-Term Investments | 562.76B | 128.41B | 142.05B | 131.21B | 112.21B | 111.15B | 110.72B | 103.17B | 678M | 662M | 666M | -53.38B | -51.21B | -50.55B | 0 | 53.36B | -1.62B | -1.23B | -2.52B | 773M | 789M | 30.2B | 26.17B | 22.12B | 16.72B | 15.26B | 12.62B | 11.98B | 5.73B | 4.29B | 4.09B |
| Short-Term Investments | 40.94B | 40.31B | 36.9B | 31.34B | 23.77B | 96.25B | 95.04B | 89.78B | 0 | 0 | 0 | 54.03B | 51.72B | 0 | 49.53B | 44.27B | 1.98B | 1.67B | 3.35B | 2.63B | 2.46B | 2.3B | 2.77B | 2.93B | 1.88B | 1.8B | 1.9B | 1.19B | 480.19M | 364.43M | 376.68M |
| Total Current Assets | 88.86B | 87.03B | 0 | 0 | 0 | 0 | 0 | 0 | 1.25B | 728M | 985M | 1.77B | 655M | 579M | 47.92B | 60.68B | 56.41B | 74.05B | 68.31B | 69.36B | 64.4B | 59.74B | 22.95B | 46.84B | 19.44B | 16.63B | 13.46B | 13.18B | 2.29B | 606.58M | 515.09M |
| Cash & Equivalents | 2.43B | 2.27B | 2.29B | 2.45B | 2.01B | 1.66B | 1.75B | 1.54B | 1.25B | 728M | 985M | 1.77B | 655M | 579M | 615M | 614M | 772M | 669M | 867M | 510M | 565M | 512M | 534M | 561.65M | 663.36M | 671.38M | 608.07M | 599.23M | 317.71M | 106.34M | 53.37M |
| Receivables | 150.28B | 37.87B | 34.49B | 33.61B | 31.09B | 28.9B | 26.28B | 25.73B | 26.27B | 24.55B | 22.73B | 16.9B | 17.64B | 16.47B | 16.47B | 17.02B | 4.23B | 3.67B | 3.45B | 3.54B | 18.16B | 18.81B | 18.33B | 17.11B | 16.9B | 14.16B | 11.48B | 11.39B | 347.8M | 135.8M | 85M |
| Other Current Assets | 2.48B | 2.7B | -77.06B | -70.62B | -60.02B | -129.84B | -125.84B | -119.7B | -107.76B | -107.05B | -105.85B | -73.01B | -69.35B | -16.47B | -20.31B | -2.77B | 47.91B | 66.52B | 59.1B | 61.08B | 41.64B | 36.77B | 30.77B | 24.87B | -1.72B | -1.22B | -1.39B | -580.24M | 941.24M | -22.18M | -15.39M |
| Goodwill & Intangibles | 138.91B | 39.43B | 29.18B | 30.14B | 25.37B | 20.9B | 21.47B | 21.66B | 26.64B | 27.12B | 26.78B | 8.97B | 8.82B | 8.28B | 7.49B | 4.83B | 4.66B | 3.93B | 3.75B | 2.73B | 2.73B | 2.7B | 2.61B | 2.71B | 2.72B | 2.77B | 2.85B | 2.82B | 540.36M | 196.67M | 201.74M |
| Goodwill | 20.37B | 20.21B | 19.58B | 19.69B | 16.23B | 15.21B | 15.4B | 15.3B | 15.27B | 15.54B | 15.33B | 4.8B | 4.9B | 4.6B | 4.32B | 0 | 0 | 0 | 0 | 2.73B | 2.73B | 2.7B | 2.61B | 2.71B | 2.72B | 2.77B | 2.85B | 2.82B | 540.36M | 196.67M | 201.74M |
| Intangible Assets | 19.59B | 19.22B | 9.6B | 10.45B | 9.14B | 5.69B | 6.07B | 6.37B | 11.37B | 11.58B | 11.45B | 4.18B | 3.91B | 3.68B | 3.17B | 4.83B | 4.66B | 3.93B | 3.75B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| PP&E (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.7B | 1.3B | 1.2B | 938M | 0 | 0 | 0 | -612M | -769M | -1.15B | -1.83B | -1.09B | -1.17B | -1.31B | -1.16B | -1.09B | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 16.06B | 16.15B | -171.23B | -161.34B | -137.58B | -132.06B | -132.2B | -124.84B | 135.51B | 135.45B | 125.39B | 141.79B | 137.69B | 133.81B | 0 | -31.36B | 23.9B | 1.23B | 2.52B | -773M | -789M | -30.2B | -26.17B | -22.12B | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 195.54B | 192.55B | 178.15B | 166.99B | 148.5B | 140.34B | 131.33B | 121.61B | 100.16B | 99.31B | 99.51B | 61.41B | 55.87B | 53.76B | 52.38B | 50.43B | 46.58B | 58.31B | 57.61B | 55.41B | 52.86B | 50.63B | 45.8B | 40.72B | 37.06B | 31.08B | 26.27B | 25.67B | 5.07B | 2.38B | 2.33B |
| Total Debt | 17.89B | 17.65B | 15.6B | 14.49B | 14.88B | 16.17B | 14.95B | 14.86B | 14.32B | 12.57B | 14.82B | 11.1B | 6.22B | 5.71B | 4.76B | 4.61B | 4.66B | 3.32B | 3.28B | 2.18B | 2.14B | 2.11B | 2B | 2.37B | 1.75B | 1.35B | 1.79B | 2.5B | 250M | 0 | 0 |
| Net Debt | 15.46B | 15.38B | 13.31B | 12.05B | 12.87B | 14.51B | 13.2B | 13.32B | 11.35B | 11.84B | 12.13B | 7.61B | 3.85B | 5.13B | 4.15B | 4B | 3.89B | 2.65B | 2.41B | 1.67B | 1.57B | 1.6B | 1.5B | 1.81B | 1.09B | 681M | 1.18B | 1.9B | -67.71M | -106.34M | -53.37M |
| Long-Term Debt | 16.39B | 16.15B | 14.8B | 13.04B | 14.4B | 15.17B | 14.95B | 13.56B | 12.39B | 11.86B | 12.92B | 9.7B | 3.67B | 3.81B | 3.67B | 3.36B | 3.36B | 3.16B | 2.81B | 1.81B | 1.56B | 1.81B | 1.85B | 1.82B | 499.28M | 853.59M | 1.42B | 1.42B | 250M | 0 | 0 |
| Short-Term Debt | 1.5B | 1.5B | 800M | 1.46B | 475M | 999M | 0 | 1.3B | 1.93B | 2.42B | 1.9B | 1.4B | 2.55B | 1.9B | 1.4B | 1.25B | 1.3B | 161M | 471M | 372M | 578M | 300M | 146M | 545.73M | 145.94M | 495.41M | 364.51M | 1.07B | 0 | 0 | 0 |
| Total Current Liabilities | 142.63B | 140.29B | 130.21B | 0 | 0 | 0 | 0 | 0 | 56.81B | 57.72B | 55.15B | 4.27B | 2.55B | 1.9B | 1.42B | 31.74B | 30.79B | 272M | 609M | 0 | 0 | 0 | 36.18B | 0 | 0 | 0 | 3B | 4.5B | 241.43M | 63.01M | 54.91M |
| Accounts Payable | 8.49B | 8.35B | 8.12B | 8.3B | 7.78B | 7.24B | 6.71B | 6.18B | 6.44B | 5.87B | 5.64B | 4.27B | 4.09B | 3.63B | 3.47B | 3.54B | 3.28B | 3.29B | 2.84B | 2.84B | 7.45B | 6.05B | 5.41B | 3.42B | 3.34B | 2.88B | 2.64B | 3.42B | 241.43M | 63.01M | 54.91M |
| Deferred Revenue | 27.18B | 26.28B | 23.5B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 99.46B | 98.33B | 93.6B | -9.76B | -8.26B | -8.24B | -6.71B | -7.48B | 48.44B | 49.43B | 47.61B | 27.07B | 27.22B | 27.4B | 27.38B | 26.79B | 25.75B | -5.8B | -6.22B | 0 | 179M | 176M | 30.57B | -4.02B | -47.72M | -3.42B | -33.13M | -23.92M | -17.69M | -12.44M | -10.47M |
| Deferred Taxes | 6.92B | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 0 | 0 | 0 | 0 | 1000K | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 34.76B | 34.37B | 31.57B | -14.59B | -14.78B | -15.56B | -15.84B | -14.36B | 28.67B | 27.27B | 25.69B | 63.48B | 65B | 59.98B | 0 | 58.22B | 55.61B | 11.3B | 10.8B | 53.12B | 50.56B | 2.11B | 7.77B | 34.49B | 0 | 26.94B | 21.85B | 19.75B | 4.43B | 2.32B | 2.28B |
| Total Equity | 79.91B | 79.78B | 68.39B | 63.69B | 50.52B | 59.71B | 59.44B | 55.33B | 50.31B | 51.17B | 48.27B | 29.14B | 29.59B | 28.82B | 27.53B | 24.52B | 22.97B | 19.67B | 14.45B | 16.68B | 14.28B | 11.81B | 9.84B | 8.83B | 6.39B | 6.11B | 5.42B | 4.45B | 3.71B | 2.62B | 2.24B |
| Equity Growth % | 55.84% | 16.65% | 7.38% | 26.07% | -15.4% | 0.46% | 7.43% | 9.98% | -1.68% | 6% | 65.69% | -1.53% | 2.64% | 4.7% | 12.3% | 6.71% | 16.81% | 36.14% | -13.38% | 16.8% | 20.88% | 20.09% | 11.33% | 38.29% | 4.62% | 12.67% | 21.79% | 19.82% | 41.81% | 16.71% | 55.56% |
| Shareholders Equity | 73.79B | 73.76B | 64.02B | 59.51B | 50.52B | 59.71B | 59.44B | 55.33B | 50.31B | 51.17B | 48.27B | 29.14B | 29.59B | 28.82B | 27.53B | 24.52B | 22.97B | 19.67B | 14.45B | 16.68B | 14.28B | 11.81B | 9.84B | 8.83B | 6.27B | 6.01B | 5.42B | 4.45B | 3.91B | 2.62B | 2.24B |
| Minority Interest | 6.12B | 6.02B | 4.37B | 4.18B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings | 68.82B | 69.95B | 61.56B | 54.81B | 48.3B | 47.37B | 39.34B | 36.14B | 31.7B | 27.47B | 23.61B | 19.48B | 16.64B | 13.79B | 10.03B | 7.51B | 5.93B | 2.82B | 74M | 9.08B | 6.91B | 4.96B | 4.24B | 3.38B | 2.2B | 2.32B | 2.73B | 2.32B | 2.04B | 1.31B | 1.02B |
| Common Stock | 224M | 231M | 235M | 241M | 10.35B | 10.98B | 11.06B | 11.12B | 11.12B | 11.12B | 11.12B | 7.83B | 8.05B | 8.9B | 9.59B | 10.1B | 10.16B | 10.5B | 10.83B | 14M | 14M | 13M | 12M | 12M | 10.95M | 10.83M | 9.68M | 9.06M | 8.07M | 6.91M | 7.27M |
| Accumulated OCI | -5.91B | -4.97B | -8.64B | -6.81B | -10.19B | 350M | 2.87B | 619M | -2.45B | 543M | -314M | -735M | 1.19B | 1.15B | 2.89B | 1.91B | 1.59B | 823M | -1.92B | 769M | 716M | 332M | 677M | 719.77M | 439.89M | 101.6M | 69.45M | -66.15M | -275K | 197.05M | 61.41M |
| Return on Equity (ROE) | 14.49% | 13.92% | 14.04% | 15.81% | 9.52% | 14.31% | 6.16% | 8.43% | 7.81% | 7.76% | 10.68% | 9.65% | 9.77% | 13.34% | 10.4% | 6.49% | 14.58% | 14.94% | 7.69% | 16.66% | 17.67% | 9.5% | 12.35% | 19.47% | 1.23% | -3.14% | 11% | 8.94% | 17.69% | 20.67% | 15.71% |
| Return on Assets (ROA) | 4.19% | 3.97% | 3.89% | 4.2% | 2.63% | 4.36% | 1.92% | 2.58% | 2.37% | 2.36% | 3.16% | 2.83% | 2.96% | 4.02% | 3.01% | 1.8% | 3.85% | 3.4% | 1.66% | 3.7% | 3.56% | 1.73% | 2.18% | 3.19% | 0.19% | -0.53% | 1.76% | 1.88% | 8.12% | 10.5% | 7.41% |
| Equity / Assets | 29.01% | 29.3% | 27.74% | 27.61% | 25.38% | 29.85% | 31.16% | 31.27% | 29.99% | 30.64% | 30.21% | 28.48% | 30.11% | 30.5% | 29.75% | 28.02% | 27.56% | 25.22% | 20.05% | 23.13% | 21.27% | 18.92% | 17.46% | 17.83% | 14.7% | 16.42% | 17.1% | 14.77% | 42.26% | 52.37% | 49.06% |
| Debt / Equity | 0.22x | 0.22x | 0.23x | 0.23x | 0.29x | 0.27x | 0.25x | 0.27x | 0.28x | 0.25x | 0.31x | 0.38x | 0.21x | 0.20x | 0.17x | 0.19x | 0.20x | 0.17x | 0.23x | 0.13x | 0.15x | 0.18x | 0.20x | 0.27x | 0.27x | 0.22x | 0.33x | 0.56x | 0.07x | - | - |
| Book Value per Share | 202.51 | 201.21 | 166.04 | 153.77 | 119.28 | 134.73 | 131.09 | 120.57 | 107.78 | 108.60 | 103.61 | 88.60 | 87.28 | 83.76 | 80.32 | 71.94 | 67.32 | 58.27 | 43.45 | 49.55 | 42.80 | 38.03 | 33.10 | 31.30 | 22.53 | 26.32 | 23.06 | 22.56 | 19.63 | 14.02 | 16.08 |
| Tangible BV per Share | 101.23 | 101.76 | 95.20 | 81.01 | 59.38 | 87.57 | 83.73 | 73.36 | 50.70 | 51.04 | 46.12 | 61.32 | 61.27 | 59.70 | 58.46 | 57.76 | 53.66 | 46.63 | 32.18 | 41.44 | 34.62 | 29.33 | 24.31 | 21.69 | 12.95 | 14.37 | 10.95 | 8.25 | 16.77 | 12.96 | 14.64 |
Social inflation and litigation
According to reported financial statements, Chubb’s total assets grew from $230.7 billion in 2023Q4 to $275.5 billion by 2026Q1, indicating a consistent expansion of the firm's balance sheet capacity as it scales its global P&C and life insurance operations across diverse international markets.
The steady increase in total assets suggests that the company is successfully capturing market share and reinvesting premiums into its asset base. This trajectory appears to support the firm's ability to absorb larger risk exposures while maintaining a stable equity position.
Based on the provided quarterly data, loss reserves have fluctuated significantly, reaching a peak of $11.0 billion in 2024Q3, which suggests that the company is actively adjusting its liability estimates to account for the evolving severity of claims within its core casualty and professional lines.
The volatility in quarterly loss figures may indicate that management is responding to external pressures such as social inflation and rising litigation costs. Investors should monitor whether these reserve adjustments are sufficient to cover long-tail liabilities or if they signal a potential for future adverse development.
As reported in recent filings, Chubb’s total equity has steadily increased from $59.5 billion in 2023Q4 to $73.8 billion in 2026Q1, providing a robust capital buffer that appears to support both organic growth initiatives and the firm's ongoing commitment to shareholder capital returns.
The consistent growth in equity suggests that the company is generating sufficient internal capital to offset potential underwriting volatility and strategic acquisitions. This strengthening capital position may provide the firm with significant flexibility to navigate future market cycles without requiring external financing.
Data from the last ten quarters indicates that the company's loss ratio reached a high of 78.2% in 2025Q1, which warrants further investigation into the potential for systemic under-reserving in the face of accelerating U.S. casualty litigation and unpredictable jury award trends.
While the overall balance sheet appears healthy, the sensitivity of loss reserves to social inflation remains a critical risk factor. If current trends in legal settlements continue to outpace historical actuarial assumptions, the firm may face pressure on its future underwriting margins and capital adequacy.
Quick answers to the most common questions about buying CB stock.
As of 2025, Chubb Limited (CB) had total assets of $272.33B including $87.03B in current assets.
Chubb Limited (CB) carries total debt of $17.65B, offset by $42.59B in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Chubb Limited (CB) has total shareholders' equity (book value) of $73.76B ($201.21 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Chubb Limited (CB) reported a current ratio of 0.62x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.