Chubb : Corporate Presentation - First Quarter 2024

A Global Leader in P&C Insurance

First Quarter 2024

"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

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Who We Are

• A world leader in insurance with a market capitalization of $105.2 billion.*
• A truly global company, with local operations in 54 countries and territories.
• Insurance is our only business.
• 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 March 31, 2024, Source: S&P Global Market Intelligence
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Global Reach

• Chubb has an extensive local presence globally, with insurance professionals and operating subsidiaries in 54 countries and territories.
• 48% of the company's business is transacted outside the United States.

Argentina	Denmark	Italy	Panama	Sweden	Geographic Sources of Premium*
Australia	Ecuador	Japan	Peru	Switzerland
	Bermuda/Canada
Austria	Egypt	Korea	Philippines	Taiwan
	Latin America
Belgium	Finland	Macau SAR	Poland	Thailand
		7% 5%
Bermuda	France	Malaysia	Portugal	Tunisia		Europe,
Brazil	Germany	Mexico	Puerto Rico	Turkey		Middle
	East &
Canada	Gibraltar	Myanmar	Russia	United Arab Emirates	17%
Africa
Chile	Hong Kong SAR	Netherlands	Saudi Arabia	United Kingdom
China	Hungary	New Zealand	Singapore	United States
Colombia	Indonesia	Norway	South Africa	Vietnam		Asia	19%
Czech Republic	Ireland	Pakistan	Spain

United

States

52%

North America				Europe, Middle East & Africa		Asia			Latin America
Premiums**	$37.0	billion		Premiums**	$7.7 billion		Premiums**	$9.1 billion		Premiums**	$3.7 billion
Employees	16,600		Employees	4,300		Employees	15,800		Employees	5,300
Offices	140			Offices	61		Offices	224		Offices	75

	*Q1	2024 gross premiums written
	**FY	2023 gross premiums written
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Product Breadth

• Chubb has one of the largest product portfolios in the global insurance industry.
• • More than 200 distinct commercial insurance and reinsurance products and services
  • 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-valueautomobile, 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

Premium Distribution by Product*

Agriculture 2% 3% Global Reinsurance

	Large Corporate
Global A&H	Commercial P&C
19%
and Life
20%

	19%	26%
Personal	Middle Market/
Lines	11%	Small Commercial
	P&C
	Wholesale Specialty
	Commercial P&C

	*Q1 2024 net premiums written
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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

Combined Insurance

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

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

First Quarter 2024

Far East: Operations in Japan serving commercial customers with P&C products and consumers through A&H and personal lines

Chubb Tempest Re

P&C reinsurance sold worldwide by

reinsurance brokers	6

Commercial Property & Casualty

• 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.

Products and Industry Practices
Commercial Coverages
• Agriculture	• General Liability
• Aviation/Aerospace	• Group Personal Excess Liability
• Business Owners Policy (BOP)	• Kidnap & Ransom
• Builders Risk	• Management Liability
• Commercial Auto	• Marine - Inland/Ocean
• Contract Liability	• Media Liability
• Construction/Wrap-Ups	• Medical Risk
• Crime and Fidelity	• Mergers & Acquisitions
• Cyber	• Package
• Directors & Officers	• Political Risk/Trade Credit
• Energy & Power Generation	• Product Liability/Recall
• Employment Practices Liability	• Property
• Environmental	• Railroad Liability
• Equipment Breakdown	• Professional Liability
• Events Liability	• Specialty Casualty
• Excess/Umbrella	• Surety
• Fiduciary Liability	• Transactional Risk
• Financial Lines	• Workers' Compensation
• Foreign Casualty	• Workplace Violence Expense

Industry Practices

• Advanced Manufacturing
• Clean 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-ProfitOrganizations
• Professional Services Firms
• Private Companies
• Private Equity
• Program Business
• Public Entities
• Real Estate & Hospitality
• Technology
• Transportation
• Wineries

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Accident & Health

• 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.

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-12schools, 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.)

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Personal Lines Insurance

• Chubb is the premier provider of high-value automobile, homeowners, recreational marine/aviation, valuables and umbrella liability coverage, with exceptional claims service, for successful 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.

Products
Homeowners	Automobile	Recreational Marine
• Fire/water damage	• Collision/damage	Personal Aviation
• Contents	• Theft/vandalism	Valuables - Jewelry, Art and Antiques
• Theft	• Liability	Collector Car
• Debris removal	• Military personnel	Umbrella Liability
• Storm damage	• Medical expenses	Mobile Technology
• Liability	• Property damage
• Living expenses	• Tourist policies
	• Towing expenses

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Life Insurance

• 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 nine Asia-Pacific markets: Korea (operating as LINA), mainland China, Hong Kong SAR and Taiwan in North Asia; Vietnam, Thailand, Indonesia and Myanmar 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.

Products
Protection products	Savings-oriented products	Riders	Group life
• Term life	• Universal life	• Personal accident	Group medical
• Whole life	• Variable/unit-linked	• Disability
• Credit/mortgage life	• Endowments	• In-hospital and surgical cash
	• Annuities	• Critical illness/cancer
		• Waiver of premium

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