Chubb
Financial Performance
Chubb Revenue & Financials
Revenue
$57.4B (FY2024)
Market Cap
$118B
Net Income
$9.2B
Employees
40,000
What is Chubb's revenue?
Chubb had $57.4B in revenue for fiscal year 2024, up 15.4% from 2023. Net income was $9.2B.
- Latest revenue
- $57.4B (FY2024)
- Year-over-year
- +15.4%
- Growth rate (CAGR)
- 13.1% over 9 years
- Peak revenue
- $57.4B (FY2024)
- Years of data
- 10
- Employees
- 40,000
- How much profit does Chubb make?
- Chubb reported net income of $9.2B for fiscal year 2024.
- How many employees does Chubb have?
- Chubb has about 40,000 employees.
Financial Analysis
Chubb's financial architecture is widely regarded by Wall Street as the absolute benchmark of property and casualty insurance underwriting. In fiscal year 2024, Chubb generated consolidated gross premiums written of $57.0 billion, net premiums written of $50.5 billion, and reported record net income of $9.30 billion. Demonstrating unparalleled underwriting profitability, Chubb achieved a property and casualty combined operating ratio of 86.6%, generating $5.8 billion in pure underwriting profit—an extraordinary achievement in an industry where the average competitor operated at near break-even (100% combined ratio). Backed by $145 billion in invested assets consisting primarily of high-grade fixed income, Chubb produced $5.5 billion in net investment income, maintaining a total shareholder equity surplus exceeding $60 billion and returning over $4.5 billion to shareholders via growing dividends and share repurchases.
Revenue Trend Analysis
YoY Change
+15.4%
9-Year CAGR
+13.1%
Peak Year
2024
Trend
Consistent Growth
Chubb has 10 full fiscal year figures on this page, compounding at +13.1% annually over 9 years. The most recent year saw a 15.4% increase versus the prior year. Annual revenue peaked in fiscal year 2024 at $57.4B. Of 9 comparable year-over-year steps, 9 showed growth and 0 showed a decline.
Annual revenue history
| Fiscal Year | Revenue | Net Income | YoY Change |
|---|---|---|---|
| FY2024 | $57.4B | $9.2B | +15.4% |
| FY2023 | $49.7B | $9B | +15.6% |
| FY2022 | $43B | $5.3B | +5.0% |
| FY2021 | $41B | $8.5B | +13.8% |
| FY2020 | $36B | $3.5B | +5.3% |
| FY2019 | $34.2B | $4.5B | +4.4% |
| FY2018 | $32.7B | $4B | +1.5% |
| FY2017 | $32.2B | $3.9B | +2.5% |
| FY2016 | $31.5B | $4.1B | +65.6% |
| FY2015 | $19B | $2.8B | — |
Click any row to see year details.
Keep researching Chubb
Chubb Revenue and Financial FAQ
What was Chubb's revenue in 2024?
Chubb reported total revenue of $57.40 billion for fiscal year 2024, representing a 15.4% increase over $49.75 billion reported in fiscal year 2023.
How profitable is Chubb?
Chubb is among the most profitable insurers in the world, generating $9.20 billion in GAAP net income in FY2024 with double-digit returns on equity.
Does Chubb pay a regular dividend?
Yes, Chubb has increased its annual shareholder dividend for 31 consecutive years, earning inclusion among the S&P 500 Dividend Aristocrats.
How did Chubb achieve $5.8 billion in pure underwriting profit in 2024?
With a property and casualty combined ratio of 86.6%, Chubb earned $13.40 in underwriting profit on every $100 in earned premium, complemented by $5.5 billion in net investment income across its $145B portfolio.
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Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Chubb Revenue & Financials." CorpDigest, https://corpdigest.com/company/chubb/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Chubb reported $57.4B in revenue (FY2024).</strong><br>Source: <a href="https://corpdigest.com/company/chubb/financials" target="_blank" rel="noopener">CorpDigest — Chubb financials</a></div>Related Financial Audits
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