Chubb Ltd 2021 AR2
The report highlights Chubb Limited's record-breaking financial performance in 2021, achieving its best year in history with record net income of $8.54 billion and a P&C combined ratio of 89.1 percent. The company advanced its strategic expansion in the Asia-Pacific region through agreements to acquire Cigna's life and A&H business and increase ownership in Huatai Insurance Group. On the environmental front, Chubb continued its commitment to a net-zero economy by 2050, adopting the TCFD framework and releasing its first TCFD report. Additionally, the company made progress on its long-term goal to reduce absolute greenhouse gas emissions by 40 percent by 2035.
Company: Chubb Ltd
Sector: Finance & insurance
Country: Switzerland
Year: 2021
Type: AR2
Pages: 292
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Chubb Ltd
Annual Report
The report highlights Chubb Limited's record-breaking financial performance in 2021, achieving its best year in history with record net income of $8.54 billion and a P&C combined ratio of 89.1 percent. The company advanced its strategic expansion in the Asia-Pacific region through agreements to acquire Cigna's life and A&H business and increase ownership in Huatai Insurance Group. On the environmental front, Chubb continued its commitment to a net-zero economy by 2050, adopting the TCFD framework and releasing its first TCFD report. Additionally, the company made progress on its long-term goal to reduce absolute greenhouse gas emissions by 40 percent by 2035.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Net Zero Target
Employees