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Fourth Quarter 2025 A Global Leader in P&C Insurance
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“The Chubb name carries our promise of superior service, underwriting and execution. Our unique combination of people, products and places positions us to meet the needs of clients no matter where they are in the world.” – Evan Greenberg, Chairman & CEO Fourth Quarter 2025
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Who We Are • A world leader in insurance with a market capitalization of $122.1 billion.* • A truly global company, with local operations in 54 countries and territories. • Well balanced by product and customer: – A global leader in traditional and specialty P&C coverage for businesses of all sizes – The largest commercial lines insurer in the U.S. and one of the largest financial lines writers globally – The leading personal lines insurer for America’s successful individuals and families and a large personal lines provider globally – A global leader in personal accident and supplemental health insurance – A P&C reinsurer – An international life insurer focused on Asia • Chubb Limited, the parent company of Chubb, is listed on the New York Stock Exchange (NYSE:CB) and is a component of the S&P 500 index. • Exceptional financial strength, managing risk conservatively in both underwriting and investing. • Core operating insurance companies are rated “AA” for financial strength by S&P and “A++” by AM Best. *At December 31, 2025, Source: S&P Global Market Intelligence Fourth Quarter 2025
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Global Reach • Chubb has an extensive local presence globally, with operations in 54 countries and territories. • 43 percent of the company’s business is transacted outside the United States. 57% 18% 14% 6% 5% Bermuda/Canada Latin America Europe, Middle East & Africa Asia United States Geographic Sources of Premium* North America Europe, Middle East & Africa Asia Latin America Premiums* $41.0 billion Employees 17,115 Offices 131 Premiums* $8.8 billion Employees 4,704 Offices 63 Premiums* $12.1 billion Employees 17,956 Offices 892 Premiums* $4.0 billion Employees 5,699 Offices 73 *FY 2025 gross premiums written Fourth Quarter 2025
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Product Breadth • Chubb has one of the largest product portfolios in the global insurance industry. – Specialty coverages for clients ranging from multinational corporations, middle market companies and small businesses to consumers Products and Services Commercial Property & Casualty Full range of traditional and specialty products for businesses of all sizes Accident & Health Personal accident, supplemental health and travel accident insurance Agriculture Crop insurance and farm and ranch-related agribusiness Personal Lines Traditional and high-value automobile, homeowners, recreational marine/aviation, valuables and umbrella liability coverage; specialty coverage such as mobile phone handset insurance Reinsurance Property catastrophe, casualty, A&H and other coverages Life Life, health and savings-oriented products and services 18% 25% 12% 19% 19% 5% 2% Agriculture Global Reinsurance Global A&H and Life Personal Lines Wholesale Specialty Commercial P&C Middle Market/ Small Commercial P&C Large Corporate Commercial P&C Premium Distribution by Product* *FY 2025 net premiums written Fourth Quarter 2025
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Business Units with Extensive Distribution Capabilities • Chubb’s insurance products are distributed through retail and wholesale brokers, independent and captive agents, bancassurance, mobilassurance, direct marketing and direct-to-consumer platform partnerships. North America Major Accounts Commercial P&C insurance products for the large corporate market sold by retail brokers Middle Market Commercial P&C insurance products for middle market companies sold by independent agents and retail brokers Small Business P&C insurance products for small commercial clients sold by independent agents and retail brokers Personal Risk Services Personal insurance products and services, including home, auto, valuables, umbrella and recreational marine insurance, for successful individuals and families sold by independent agents and brokers Westchester Commercial P&C excess and surplus lines sold through wholesale brokers Chubb Bermuda Liability, property, political risk coverages and captive programs sold by large international brokers Agriculture Crop insurance from Rain and Hail and farm and other P&C coverages, sold by agents and brokers Chubb Benefits A leading North American provider of supplemental insurance sold by agents and brokers to employers, employees at the worksite and directly to individuals Overseas General International Commercial P&C, A&H and traditional and specialty personal lines sold by retail brokers, agents and other channels in four regions: Europe Operations in 27 countries, including the U.K. and the Continent and housing the company’s business in the Middle East and Africa, comprising P&C commercial lines and consumer lines, including A&H and specialty personal lines Asia Pacific: Operations in 14 countries and territories – eight with life and non-life operations – serving commercial customers with P&C products and consumers through A&H and personal lines Latin America: Operations in nine countries serving commercial customers with P&C products and consumers through A&H and personal lines Far East: Operations in Japan serving commercial customers with P&C products and consumers through A&H and personal lines Chubb Global Markets Commercial P&C excess and surplus lines sold by wholesale brokers in the London market and through Lloyd’s Life Chubb Life Life, health and savings-oriented insurance products sold by captive agents, independent financial advisors, retailers, banks, and direct marketing channels, including telemarketing and digital, primarily in Asia but also across Latin America Huatai Life In mainland China, Chubb has majority ownership of Huatai Life, a fast-growing life insurer in the second-largest insurance market in the world. Reinsurance Chubb Tempest Re P&C reinsurance sold worldwide by reinsurance brokers Fourth Quarter 2025
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• For large corporations and multinationals, Chubb’s underwriting, claims and risk engineering professionals have the underwriting expertise, risk appetite and global network to tailor insurance coverage and services to help clients reduce risk and mitigate loss. • For middle market businesses, Chubb delivers a broad range of high-quality customized and packaged products and services. • For small businesses, coverage includes packaged and customized solutions to meet specific needs. Commercial Property & Casualty Products and Industry Practices Commercial Coverages • Agriculture • Aviation/Aerospace • Business Owners Policy (BOP) • Builders Risk • Commercial Auto • Contract Liability • Construction/Wrap-Ups • Crime and Fidelity • Cyber • Directors & Officers • Energy & Power Generation • Employment Practices Liability • Environmental • Equipment Breakdown • Events Liability • Excess/Umbrella • Fiduciary Liability • Financial Lines • Foreign Casualty • General Liability • Group Personal Excess Liability • Kidnap & Ransom • Management Liability • Marine — Inland/Ocean • Media Liability • Medical Risk • Mergers & Acquisitions • Package • Political Risk/Trade Credit • Product Liability/Recall • Property • Railroad Liability • Professional Liability • Specialty Casualty • Surety • Transactional Risk • Workers’ Compensation • Workplace Violence Expense Industry Practices • Advanced Manufacturing • Climate Tech • Construction • Cultural Institutions • Educational Institutions • Energy • Federal Government Contractors • Financial Institutions • Food Processing/Distribution • Global Mergers & Acquisitions • Healthcare • Healthcare Information Technology • Law Firms • Life Sciences • Manufacturing • Marine Operations • Media/Entertainment • Mergers & Acquisitions • Multinational • Not-for-Profit Organizations • Professional Services Firms • Private Companies • Private Equity • Program Business • Public Entities • Real Estate & Hospitality • Technology • Transportation • Wineries Fourth Quarter 2025
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• Chubb works with distribution partner organizations worldwide to offer affordable personal accident and supplemental health insurance products to employees, members and customers. • Products include employee benefits, special insurance offered through affinity marketing programs, associations and agents, as well as in the commercial market for group coverage. Accident & Health Products and Partners Products • Personal accident (individual and group) • Supplemental health and disability (hospital income, critical illness, cancer, disability) • Travel insurance (business, scholastic and leisure) • Participant accident • Global medical • Employee benefits • Payment protection (life, disability, unemployment) Sponsoring partners • Employers • Financial institutions • Colleges, universities and other learning institutions • K-12 schools, sports organizations, camps, recreational groups, non-profits, charitable and civic organizations • Affinity groups (associations, labor unions, etc.) • Cruise lines, travel agencies and tour operators • Industries (retailers, utilities, telecommunications companies, etc.) Fourth Quarter 2025
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• Chubb is the premier provider of high-value automobile, homeowners, recreational marine/aviation, valuables and umbrella liability coverage, with exceptional claims service, for high- net-worth individuals and families in the U.S., Canada and select international markets including the U.K., Ireland, Australia, France, Singapore and the Netherlands. • Chubb’s international personal lines division provides a broad range of traditional and specialty insurance products to targeted customer segments in emerging and developed markets. Personal Lines Insurance Products Homeowners • Fire/water damage • Contents • Theft • Debris removal • Storm damage • Liability • Living expenses Automobile • Collision/damage • Theft/vandalism • Liability • Military personnel • Medical expenses • Property damage • Tourist policies • Towing expenses Recreational Marine Personal Aviation Valuables – Jewelry, Art and Antiques Collector Car Umbrella Liability Mobile Technology Fourth Quarter 2025
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• Chubb Life is an international life insurer, primarily focused on Asia and also operating across Latin America, that offers life, health and savings-oriented insurance products and services to individuals and groups. • Chubb Life serves the needs of consumers through a variety of distribution channels, including captive agents, independent financial advisors, retailers, banks and direct marketing capabilities, both telemarketing and digital. • Operations in eight Asia-Pacific markets: Korea (operating as LINA), mainland China, Hong Kong SAR and Taiwan in North Asia; Vietnam, Thailand, Indonesia and in Southeast Asia; and New Zealand. • In mainland China, the company has majority ownership of Huatai Life, a fast-growing life insurer in the second-largest insurance market in the world. Life Insurance Products Protection products • Term life • Whole life • Credit/mortgage life Savings-oriented products • Universal life • Variable/unit-linked • Endowments • Annuities Riders • Personal accident • Disability • In-hospital and surgical cash • Critical illness/cancer • Waiver of premium Group life Group medical Fourth Quarter 2025
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• Chubb Tempest Re provides a broad range of reinsurance products to a diverse array of primary insurance companies worldwide. • The company’s underwriting, actuarial and claims expertise in property catastrophe reinsurance and other diversified lines, including casualty, enables it to tailor solutions to meet the unique, complex needs of each client. Reinsurance Products Property Catastrophe • Occurrence excess of loss • Aggregate excess of loss • Proportional treaties • Reinstatement premium protection • Second- and third-event coverages • Catastrophe bonds • Industry loss warranty coverages Accident & Health Agriculture Automobile Captive Programs Casualty/Liability Cyber Liability Energy Professional Liability Directors and Officers Liability Marine Surety & Fidelity Workers Compensation Fourth Quarter 2025
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P&C Combined Ratio vs. Peers • Chubb is an underwriting company — we have a passion for the art and science of underwriting. • Our underwriters have deep expertise in a broad range of industries and specialty coverage areas — risks where an underwriter makes a difference. • Discipline defines our underwriting approach — we embrace risk as long as we fully understand it and can earn an acceptable return. • Fourth quarter 2025 P&C combined ratio of 81.2%. Excluding catastrophe losses, the current accident year P&C combined ratio was 80.4%. Underwriting Expertise The company’s underwriting results have outperformed the average of our peers over the last 10 years (2016-2025). Source: SNL and company disclosures *Includes AIG, ALL, CNA, HIG, Liberty Mutual Group (LMG), and TRV. 2025 Combined ratios for AIG, ALL, CNA, HIG, and TRV are for the twelve months ended December 31, 2025; 2025 Combined Ratio for LMG is for the nine months ended September 30, 2025. This page contains non-GAAP financial measures. For a reconciliation to the most directly comparable GAAP measures visit Chubb’s Q4 2025 Financial Supplement Averages 1 Year 3 Year 5 Year 10 Year Peers* 90.0% 93.6% 95.0% 97.1% Chubb 85.7% 86.3% 87.1% 89.6% Fourth Quarter 2025 85% 90% 95% 100% 105% 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
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Claims and Engineering • Chubb’s claim handling service is renowned for its quality, promptness and fairness – Deep technical knowledge and talent – Expertise and scale to handle claims of all sizes and complexity – Investment in technology and innovation to improve claim outcomes and enhance ease of doing business for customers and distribution partners • Industry-leading risk engineering services with more than 600 risk engineers worldwide who help companies anticipate and minimize costly exposures – Extensive technical expertise and business acumen – Trusted guidance and customized risk management programs – Web-based platform and online library of risk management resources to help clients stay ahead of risk • Loss prevention solutions from personal risk services consultants who have proven expertise in residential architectural and interior design, historic home preservation, security, fire protection and collections management Fourth Quarter 2025
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• Chubb’s top leaders have built their entire careers in insurance and managed their business lines through a variety of insurance cycles and economic conditions. Proven Insurance Leadership Evan Greenberg Chairman & Chief Executive Officer Chubb Limited/Chubb Group • Over 50 years of insurance experience • Joined the company in 2001 John Keogh President & Chief Operating Officer Chubb Group; Chairman, North America Insurance • 40 years of insurance experience • Joined the company in 2006 Bryce Johns Senior Vice President, Chubb Group; President, Chubb Life • Over 25 years of insurance experience • Joined the company in 2022 Juan Luis Ortega Executive Vice President, Chubb Group; President, North America Insurance • Over 25 years of insurance experience • Joined the company in 1999 Paul McNamee Executive Vice President, Chubb Group; President, Overseas General Insurance • Over 30 years of insurance experience • Joined the company in 1995 Fourth Quarter 2025
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Financial Ratings and Balance Sheet Strength • Chubb is highly rated by the rating agencies for financial strength. • The company manages risk on both sides of its balance sheet by maintaining underwriting discipline, managing exposure accumulations and investing assets conservatively. • Chubb’s total capital position is $91.4 billion. • Net loss reserves, which back our policyholder commitments, total $67.7 billion. Rating Agency Financial Strength Rating Outlook S&P AA Stable AM Best A++ Stable Fitch AA Stable Moody’s Aa2 Stable Balance Sheet Highlights $ in billions 12/31/25 Total Assets $272.3 Total Investments 168.7 Net Loss Reserves 67.7 Total Debt 17.6 Chubb Shareholders’ Equity 73.8 Total Capital 91.4 As of January 16, 2026 Fourth Quarter 2025
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Conservative Investment Philosophy • 80% of Chubb’s investment portfolio is in fixed maturity securities, with an average credit quality of A (S&P) and A (Moody’s) and a duration of nearly five years. • The portfolio’s asset allocation is well diversified across issuers, geographies and sectors. 30% 26% 17% 10% 10% 7% Credit Quality 35% 35% 23% 4% Asset Allocation Corporate and asset- backed securities $135.6 Billion Fixed Maturity Investment Portfolio (As of Dec 31, 2025) AA ABBB AAA BB B 3% U.S. and local government securitiesShort-term investments Non-U.S. Mortgage- backed securities Fourth Quarter 2025