What changed in this filing

/stocks — the workspaceLOADING

Item 2. Unregistered Sales of Equity Securities

2021-04-30 compared with 2020-10-30 · 27 added, 23 removed, 29 unchanged (63% of the section changed)

1 unchanged sentence

Issuer’s Repurchases of Equity Securities

The following table provides information with respect to purchases by Chubb of its Common Shares during the three months ended September 30, 2020:

Purchased (1)

The following table provides information with respect to purchases by Chubb of its Common Shares during the three months ended March 31, 2021:

Period Total Number of

Shares Purchased (1)

Average Price

1 unchanged sentence

Approximate Dollar Value of Shares that May Yet be Purchased Under the Plan (3)

July 1 through July 31 2,259 $ 126.65 — $ 1.12 billion

August 1 through August 31 2,649 $ 127.23 — $ 1.12 billion

September 1 through September 30 1,070 $ 125.09 — $ 1.12 billion

January 1 through January 31 2,503 $ 154.44 — $ 2.50 billion

February 1 through February 28 2,390,214 $ 165.83 2,208,000 $ 2.14 billion

March 1 through March 31 1,116,522 $ 168.26 902,000 $ 1.98 billion

Total 3,509,239 $ 166.59 3,110,000

(1) This column represents open market share repurchases and the surrender to Chubb of Common Shares to satisfy tax withholding obligations in connection with the vesting of restricted stock issued to employees and the exercising of options by employees.

We did not engage in any share repurchase activity during the three months ended September 30, 2020.

(2) Refer to Note 9 to the Consolidated Financial Statements for more information on the Chubb Limited securities repurchase authorization.

(2) The aggregate value of shares purchased in the three months ended March 31, 2021 as part of the publicly announced plan was $519 million.

(3) In November 2020, the Board authorized the repurchase of up to $1.5 billion of Chubb's Common Shares from November 19, 2020 through December 31, 2021.

We suspended share repurchase activity during the second and third quarters of 2020, given the economic environment.

Subsequently, we resumed share repurchases, and on October 29, 2020, we repurchased 52,500 Common Shares for a total of $7 million in a series of open market transactions.

At October 29, 2020, $1.12 billion in share repurchase authorization remained through December 31, 2020.

In February 2021, the Board approved an increase to the November 2020 share repurchase program of $1.0 billion to a total of $2.5 billion, effective through December 31, 2021.

For the period April 1, 2021 through April 29, 2021, we repurchased 450,000 Common Shares for a total of $76 million in a series of open market transactions.

At April 29, 2021, $1.91 billion in share repurchase authorization remained through December 31, 2021.

Refer to Note 8 to the Consolidated Financial Statements for more information on the Chubb Limited securities repurchase authorization.

Incorporated by Reference

9 unchanged sentences

8-K 3.1 November 21, 2016

Form of Officer's Certificate related to the 1.375% Senior Notes due 2030

8-K 4.1 September 17, 2020

Form of Global Note for the 1.375% Senior Notes due 2030

8-K 4.2 September 17, 2020

Form of Performance Based Restricted Stock Award Terms under the Chubb Limited 2016 Long-Term Incentive Plan for Swiss Executive Management

10-K 10.82 February 25, 2021

Form of Performance Based Restricted Stock Award Terms under the Chubb Limited 2016 Long-Term Incentive Plan for Executive Officers

10-K 10.83 February 25, 2021

Guaranteed Securities

10-K 22.1 February 25, 2021

Certification Pursuant to Section 302 of The Sarbanes-Oxley Act of 2002

4 unchanged sentences

Section 1350, As Adopted Pursuant to Section 906 of The Sarbanes-Oxley Act of 2002

101.1 The following financial information from Chubb Limited’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2020 formatted in Inline XBRL:

(i) Consolidated Balance Sheets at September 30, 2020, and December 31, 2019;

(ii) Consolidated Statements of Operations and Comprehensive Income for the three and nine months ended September 30, 2020 and 2019;

(iii) Consolidated Statements of Shareholders’ Equity for the three and nine months ended September 30, 2020 and 2019;

(iv) Consolidated Statements of Cash Flows for the nine months ended September 30, 2020 and 2019;

101.1 The following financial information from Chubb Limited’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2021 formatted in Inline XBRL:

(i) Consolidated Balance Sheets at March 31, 2021, and December 31, 2020;

(ii) Consolidated Statements of Operations and Comprehensive Income for the three months ended March 31, 2021 and 2020;

(iii) Consolidated Statements of Shareholders’ Equity for the three months ended March 31, 2021 and 2020;

(iv) Consolidated Statements of Cash Flows for the three months ended March 31, 2021 and 2020;

and (v) Notes to Consolidated Financial Statements X

104.1 The Cover Page Interactive Data File formatted in Inline XBRL (The cover page XBRL tags are embedded in the Inline XBRL document and included in Exhibit 101.1)

* Management contract, compensatory plan or arrangement

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

CHUBB LIMITED

October 30, 2020 /s/ Evan G.

Chairman, President and Chief Executive Officer

October 30, 2020 /s/ Philip V.

April 30, 2021 /s/ Evan G.

Chairman and Chief Executive Officer

April 30, 2021 /s/ Philip V.

Executive Vice President and Chief Financial Officer

Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.

What changed 10-Q

Item 2. Unregistered Sales of Equity Securities