• Chubb average return on tangible equity for 2023 was 24.2, a 36.57% decline from 2022.
• Chubb average return on tangible equity for 2022 was 17.72, a 21.31% increase from 2021.
• Chubb average return on tangible equity for 2021 was 22.52, a 185.79% decline from 2020.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.