Revenue and Premium Growth
Total company premiums grew 5.7% in constant dollars. P&C premium revenue grew over 6.5% in constant dollar after adjusting for one-time items in North America.
High Investment Income
Adjusted net investment income was $1.7 billion, up 12.7% year-over-year. The fixed income portfolio yield is 5%, with a current new money rate averaging 5.5%.
International Life Insurance Growth
Premiums in the international life insurance division grew over 10%, with a pre-tax income increase of 15.7% in constant dollar.
Strategic Acquisitions
Chubb announced the acquisition of Liberty Mutual's business in Thailand and Vietnam, adding approximately $275 million in premiums in 2024.
Strong Capital Return to Shareholders
Returned $751 million of capital to shareholders, including $385 million in share repurchases and $366 million in dividends.