Chubb Ltd 2020 AR2
The report highlights Chubb Limited's performance during 2020, navigating the COVID-19 pandemic, a global recession, and record natural catastrophes. The company achieved net premiums written of $33.8 billion, up 4.8 percent, and a P&C combined ratio of 96.1 percent. Chubb accelerated its digital transformation, launching Chubb Studio, a global 'insurance in a box' platform. In terms of sustainability, the company made progress toward its goal of reducing absolute greenhouse gas emissions by 40 percent by 2035, achieving a 41 percent reduction in 2020 compared to the 2016 baseline, partly due to pandemic-related anomalies. Additionally, Chubb committed $10 million to global pandemic relief efforts and advanced its diversity, equity, and inclusion initiatives.
Company: Chubb Ltd
Sector: Financials
Country: Switzerland
Year: 2020
Type: AR2
Pages: 286
Chubb Ltd
Annual Report
The report highlights Chubb Limited's performance during 2020, navigating the COVID-19 pandemic, a global recession, and record natural catastrophes. The company achieved net premiums written of $33.8 billion, up 4.8 percent, and a P&C combined ratio of 96.1 percent. Chubb accelerated its digital transformation, launching Chubb Studio, a global 'insurance in a box' platform. In terms of sustainability, the company made progress toward its goal of reducing absolute greenhouse gas emissions by 40 percent by 2035, achieving a 41 percent reduction in 2020 compared to the 2016 baseline, partly due to pandemic-related anomalies. Additionally, Chubb committed $10 million to global pandemic relief efforts and advanced its diversity, equity, and inclusion initiatives.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Employees