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 March 31, 2023:
+Added: The following table provides information with respect to purchases by Chubb of its Common Shares during the three months ended June 30, 2023:
Period Total Number of
3 unchanged sentences
Approximate Dollar Value of Shares that May Yet be Purchased Under the Plan (3)
−Removed: January 1 through January 31 1,500 $ 226.70 — $ 1.62 billion
−Removed: February 1 through February 28 2,114,627 $ 212.20 1,865,900 $ 1.22 billion
−Removed: March 1 through March 31 258,202 $ 215.38 144,500 $ 1.19 billion
+Added: April 1 through April 30 134,824 $ 200.56 127,900 $ 1.17 billion
+Added: May 1 through May 31 2,341,407 $ 198.08 2,238,100 $ 726 million
+Added: June 1 through June 30 1,309,533 $ 194.96 1,308,300 —
Total 3,785,764 $ 197.09 3,674,300
(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 March 31, 2023 as part of the publicly announced plan was $428 million.
+Added: (2) The aggregate value of shares purchased in the three months ended June 30, 2023 as part of the publicly announced plan was $724 million.
Refer to Note 14 to the Consolidated Financial Statements for more information on the Chubb Limited securities repurchase authorizations.
−Removed: (3) For the period April 1, 2023 through May 1, 2023, we repurchased 215,400 Common Shares for a total of $43 million in a series of open market transactions.
−Removed: As of May 1, 2023, $1.15 billion in share repurchase authorization remained through June 30, 2023.
+Added: (3) As of June 30, 2023, $474 million expired under the May 2022 $2.5 billion share repurchase authorization.
+Added: In June 2023, the Board authorized the repurchase of up to $5.0 billion of Chubb's Common Shares effective July 1, 2023 with no expiration date.
Incorporated by Reference
2 unchanged sentences
Articles of Association of the Company, as amended and restated
−Removed: 8-K 3.1 August 9, 2022
+Added: 8-K 3.1 May 17, 2023
Organizational Regulations of the Company, as amended
1 unchanged sentence
Articles of Association of the Company, as amended and restated
−Removed: 8-K 4.1 August 9, 2022
+Added: 8-K 4.1 May 17, 2023
Organizational Regulations of the Company, as amended
10-K 4.2 February 24, 2023
−Removed: Form of Performance Ba sed Restr icted Stock Award Terms under the Chubb Limited 201 6 Long-Term Incentive Plan for Swiss Executive Management
−Removed: Form of Performance Based Restricted Stock Award Terms under the Chubb Limited 2016 Long-Term Incentive Plan for Executive Officers
−Removed: Chubb US Deferred Compensation Plan (as amended and restated effective January 1, 2023)
−Removed: 10-K 10.79 February 24, 2023
+Added: Form of Executive Management Non-Competition Agreement
Guaranteed Securities
+Added: 10-Q 22.1 May 2, 2023
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
−Removed: 101.1 The following financial information from Chubb Limited’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2023 formatted in Inline XBRL:
−Removed: (i) Consolidated Balance Sheets at March 31, 2023, and December 31, 2022;
−Removed: (ii) Consolidated Statements of Operations and Comprehensive Income for the three months ended March 31, 2023 and 2022;
−Removed: (iii) Consolidated Statements of Shareholders’ Equity for the three months ended March 31, 2023 and 2022;
−Removed: (iv) Consolidated Statements of Cash Flows for the three months ended March 31, 2023 and 2022;
−Removed: and (v) Notes to Consolidated Financial Statements X
+Added: 101.1 The following financial information from Chubb Limited’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2023, formatted in Inline XBRL:
+Added: (i) Consolidated Balance Sheets at June 30, 2023, and December 31, 2022;
+Added: (ii) Consolidated Statements of Operations and Comprehensive Income for the three and six months ended June 30, 2023 and 2022;
+Added: (iii) Consolidated Statements of Shareholders’ Equity for the three and six months ended June 30, 2023 and 2022;
+Added: (iv) Consolidated Statements of Cash Flows for the six months ended June 30, 2023 and 2022;
+Added: and (v) Notes to Consolidated Financial Statements
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)
2 unchanged sentences
CHUBB LIMITED
−Removed: May 2, 2023 /s/ Evan G.
+Added: July 28, 2023 /s/ Evan G.
Chairman and Chief Executive Officer
−Removed: May 2, 2023 /s/ Peter C.
+Added: July 28, 2023 /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.