1 unchanged sentence
Issuer’s Repurchases of Equity Securities
−Removed: The following table provides information with respect to purchases by Chubb of its Common Shares during the three months ended September 30, 2021:
+Added: The following table provides information with respect to purchases by Chubb of its Common Shares during the three months ended March 31, 2022:
Period Total Number of
1 unchanged sentence
Average Price
−Removed: Paid per Share Total Number of Shares Purchased as Part of Publicly Announced Plans (2)
−Removed: Approximate Dollar Value of Shares that May Yet be Purchased Under the Plans (3)
−Removed: July 1 through July 31 590,360 $ 168.69 588,000 $ 4.97 billion
−Removed: August 1 through August 31 5,914,269 $ 180.77 5,908,300 $ 3.90 billion
−Removed: September 1 through September 30 1,918,069 $ 182.08 1,915,700 $ 3.55 billion
+Added: Paid per Share Total Number of Shares Purchased as Part of Publicly Announced Plan (2)
+Added: Approximate Dollar Value of Shares that May Yet be Purchased Under the Plan (3)
+Added: January 1 through January 31 1,017 $ 193.66 — $ 2.65 billion
+Added: February 1 through February 28 2,755,652 $ 205.12 2,412,600 $ 2.15 billion
+Added: March 1 through March 31 2,510,320 $ 205.93 2,457,300 $ 1.65 billion
Total 5,266,989 $ 205.51 4,869,900
(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 to cover the cost of the exercise of options by employees through stock swaps.
−Removed: (2) The aggregate value of shares purchased in the three months ended September 30, 2021 as part of the publicly announced plans was $1.52 billion.
−Removed: (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.
−Removed: 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.
−Removed: On July 19, 2021, the Board authorized a one-time incremental share repurchase program of up to $5.0 billion through June 30, 2022.
−Removed: The $2.5 billion share repurchase authorization was used prior to the $5.0 billion share repurchase authorization.
−Removed: For the period October 1, 2021 through October 27, 2021, we repurchased 167,700 Common Shares for a total of $29 million in a series of open market transactions.
−Removed: At October 27, 2021, $3.52 billion in share repurchase authorization remained.
+Added: (2) The aggregate value of shares purchased in the three months ended March 31, 2022 as part of the publicly announced plan was $1.0 billion.
+Added: In July 2021, the Board authorized a one-time incremental share repurchase program of up to $5.0 billion through June 30, 2022.
Refer to Note 8 to the Consolidated Financial Statements for more information on the Chubb Limited securities repurchase authorizations.
+Added: (3) For the period April 1, 2022 through April 28, 2022, we repurchased 115,000 Common Shares for a total of $24 million in a series of open market transactions.
+Added: As of April 28, 2022, $1.62 billion in share repurchase authorization remained through June 30, 2022.
Incorporated by Reference
1 unchanged sentence
Number Date Filed Filed
−Removed: Articles of Association of the Company, as amended
−Removed: 8-K 3.1 August 6, 2021
+Added: Articles of Association of the Company, as amended and restated
+Added: 8-K 3.1 January 20, 2022
Organizational Regulations of the Company, as amended
8-K 3.1 November 21, 2016
−Removed: Articles of Association of the Company, as amended
−Removed: 8-K 4.1 August 6, 2021
+Added: Articles of Association of the Company, as amended and restated
+Added: 8-K 4.1 January 20, 2022
Organizational Regulations of the Company, as amended
8 unchanged sentences
Section 1350, As Adopted Pursuant to Section 906 of The Sarbanes-Oxley Act of 2002
−Removed: 101.1 The following financial information from Chubb Limited’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2021 formatted in Inline XBRL:
−Removed: (i) Consolidated Balance Sheets at September 30, 2021, and December 31, 2020;
−Removed: (ii) Consolidated Statements of Operations and Comprehensive Income for the three and nine months ended September 30, 2021 and 2020;
−Removed: (iii) Consolidated Statements of Shareholders’ Equity for the three and nine months ended September 30, 2021 and 2020;
−Removed: (iv) Consolidated Statements of Cash Flows for the nine months ended September 30, 2021 and 2020;
+Added: 101.1 The following financial information from Chubb Limited’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2022 formatted in Inline XBRL:
+Added: (i) Consolidated Balance Sheets at March 31, 2022, and December 31, 2021;
+Added: (ii) Consolidated Statements of Operations and Comprehensive Income for the three months ended March 31, 2022 and 2021;
+Added: (iii) Consolidated Statements of Shareholders’ Equity for the three months ended March 31, 2022 and 2021;
+Added: (iv) Consolidated Statements of Cash Flows for the three months ended March 31, 2022 and 2021;
and (v) Notes to Consolidated Financial Statements X
2 unchanged sentences
CHUBB LIMITED
−Removed: October 28, 2021 /s/ Evan G.
+Added: April 29, 2022 /s/ Evan G.
Chairman and Chief Executive Officer
−Removed: October 28, 2021 /s/ Peter C.
+Added: April 29, 2022 /s/ Peter C.
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.