Chubb Limited Shareholders Approve 31st Consecutive Annual Dividend Increase; Chubb Limited Board Declares Record Date for First Dividend Installment

End result of voting on all shareholder assembly agenda gadgets have been as advisable by the Board

ZURICH, Could 16, 2024 /PRNewswire/ — Chubb Restricted (NYSE: CB) introduced at present that at its 2024 Annual Common Assembly, held on the firm’s workplaces in Zurich, Switzerland, shareholders accepted a 5.8% improve within the firm’s dividend to $3.64 per share yearly ($0.91 per share, per quarter) from $3.44 per share ($0.86 per share, per quarter). This marks the thirty first consecutive annual improve within the firm’s dividend. Shareholders additionally voted in step with the Board’s suggestions on all different agenda gadgets on the Annual Common Assembly. 

The dividend can be payable out of authorized reserves in 4 quarterly installments and can be made in United States {dollars} by the corporate’s switch agent, as described within the Chubb Restricted 2024 proxy assertion. The corporate’s Board of Administrators declared that shareholders of file on the shut of enterprise on June 14, 2024, can be entitled to cost of the primary installment of $0.91 per share on July 5, 2024.

About Chubb
Chubb is a world chief in insurance coverage. With operations in 54 international locations and territories, Chubb supplies business and private property and casualty insurance coverage, private accident and supplemental medical health insurance, reinsurance and life insurance coverage to a various group of purchasers. As an underwriting firm, we assess, assume and handle threat with perception and self-discipline. We service and pay our claims pretty and promptly. The corporate can also be outlined by its intensive product and repair choices, broad distribution capabilities, distinctive monetary energy and native operations globally. Guardian firm Chubb Restricted is listed on the New York Inventory Alternate (NYSE: CB) and is a part of the S&P 500 index. Chubb maintains govt workplaces in Zurich, New York, London, Paris and different places, and employs roughly 40,000 folks worldwide. Further data will be discovered at: www.chubb.com.

Cautionary Assertion Concerning Ahead-Trying Statements:
Ahead-looking statements made on this press launch, akin to statements relating to dividends, and our expectations and intentions and different statements that aren’t historic details, replicate the corporate’s present views with respect to future occasions and are made pursuant to the secure harbor provisions of the Non-public Securities Litigation Reform Act of 1995. Such statements contain dangers and uncertainties, which can trigger precise outcomes to vary materially from these set forth in these statements. For instance, cost of scheduled or future dividends may very well be affected by extraordinary firm occasions or capital constraints or comparable components that might require the corporate to regulate, delay or withhold dividend funds. Further data relating to components that might trigger variations from these forward-looking statements seems within the firm’s filings with the Securities and Alternate Fee. Readers are cautioned to not place undue reliance on these forward-looking statements, which converse solely as of the date on which they’re made. 

SOURCE Chubb Restricted