• Chubb discussed first-quarter fiscal 2026 results on an earnings call attended by Chairman and CEO Evan Greenberg, CFO Peter Enns, Vice Chairman Timothy Boroughs, and SVP Investor Relations Susan Spivak.
• Core operating earnings rose to USD 2.7 billion, or USD 6.82 per share, with P&C underwriting income of USD 1.8 billion on an 84% combined ratio.
• Management flagged sharp property price declines in shared and layered markets, citing overall market pricing down about 25% in quarter and accelerating toward 30%, prompting Chubb to shrink large-account property writings it viewed as inadequately priced.
• Enns set second-quarter adjusted net investment income guidance at USD 1.825 billion to USD 1.85 billion, citing higher invested assets and stronger private equity returns.
• Greenberg said Chubb built a US-backed Gulf shipping insurance program with US insurers taking 50% of risk, with remaining risk taken by a federal government arm, pending conditions for military convoys.

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