Chubb Ltd. reported second-quarter 2025 net income of $2.97 billion, or $7.35 a share, a 34.6% increase from a year earlier. Core operating profit rose 14.1% to $6.14 a share. Net premiums written climbed 6.3% to $14.2 billion—or 7.1% on a constant-currency basis—while property-and-casualty premiums advanced 5.8% and life insurance premiums gained 17.3%. The group’s property-and-casualty combined ratio improved to 85.6%, slightly better than the 85.7% analysts expected, pointing to continued underwriting discipline. Chubb ended the quarter with $158.31 billion in investments, up 3.9% from the prior period, and a book value of $174.07 per share, topping consensus forecasts. Management attributed the performance to balanced growth across commercial and consumer lines as well as higher investment income.