Chubb obtained a controlling majority interest in Huatai Insurance Group on July 1, 2023, increasing its ownership to approximately 76.5 percent and expanding its operations in China.

The acquisition of Cigna's business in several Asian markets in 2022 further advanced Chubb's goal of greater product, customer, and geographical diversification.

The company is utilizing digital-commerce platforms to offer certain branded products, allowing agents and brokers to quote, bind, and issue policies at their convenience.

Chubb leadership tracks metrics aligned to talent objectives, including workforce diversity, hiring, promotion, and retention, and shares these metrics with the Board of Directors.

Chubb emphasizes quality of underwriting rather than volume of business or market share, employing consistent, disciplined pricing and risk selection.

Chubb has formalized programs to support the recruitment and retention of talent, including the Chubb Associate Program and Chubb Apprenticeships.

Chubb acknowledges substantial exposure to losses from natural disasters, man-made catastrophes, and other events, which could significantly impact its financial results.

The company highlights the uncertainty related to emerging claim and coverage issues due to changing industry practices, legislative, regulatory, judicial, social, financial, technological and other environmental conditions.

Chubb relies on reinsurance to manage its loss exposure, and the failure of reinsurers to meet their obligations could have an adverse effect on its financial condition.

Chubb acknowledges substantial competition in the insurance and reinsurance marketplace from major U.S., Bermuda, European, and other international insurers and reinsurers.

Chubb's broad market capabilities in personal, commercial, specialty, and A&H lines, along with underwriting expertise, business infrastructure, and global presence, help define its competitive advantage.

The company emphasizes its superior claims service as a significant asset to its business, business partners, and customers, and is unique in the industry.

Chubb strives to emphasize quality of underwriting rather than volume of business or market share, managing risk through consistent, disciplined pricing and risk selection.

The company is focused on effectively using digital capabilities, including new digital-based distribution models, to improve its processes and services.

Chubb highlights its superior claims service as a key asset, indicating a focus on operational efficiency in claims management.

Chubb is focused on effectively using digital capabilities, including new digital-based distribution models, in an ever-changing competitive landscape.

The company is utilizing data analytics and artificial intelligence to enhance portfolio engineering and risk control.

Chubb recognizes the rapid changes in the insurance industry due to technology and is committed to adapting to these changes.

The company repurchased $2.5 billion of Common Shares in 2023 and authorized an additional $5 billion share repurchase program, indicating a focus on returning capital to shareholders.

Chubb has paid dividends each quarter since becoming a public company in 1993, demonstrating a commitment to returning value to shareholders through consistent dividend payments.

The company earns income through strategic asset allocation based on asset liability matching, indicating a focus on efficient capital allocation.

Chubb is committed to improving gender and racial diversity across the company and within its executive leadership, holding leaders accountable for diversity efforts.

Chubb has a coordinated global environmental program and is actively mitigating climate risk through its underwriting and investment practices.

Chubb is actively involved in the Black Insurance Industry Collective, demonstrating its commitment to external diversity and inclusion initiatives.

Chubb acknowledges that its business and stock price are affected by global and regional market and economic conditions, including political instability and climate change.

The company's business is subject to varying degrees of regulation and supervision in each jurisdiction, and these complex regulatory environments are subject to change and are regularly monitored.

Chubb faces substantial competition from major U.S., Bermuda, European, and other international insurers and reinsurers, as well as new market entrants and alternative risk sharing groups.