• Chubb average return on tangible equity for 2023 was 21.95, a 14.74% increase from 2022.
• Chubb average return on tangible equity for 2022 was 19.13, a 6.96% increase from 2021.
• Chubb average return on tangible equity for 2021 was 20.56, a 136.05% 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.