Exhibit 99.1

Chubb Limited

Financial Supplement Template

for the Quarter Ended March 31, 2016

Illustration of key presentation changes

Investor Contact

Helen M. Wilson

Phone: (441) 299-9283

email: investorrelations@chubb.com

This report is for informational purposes only. It should be read in conjunction with documents filed by Chubb Limited with the Securities and Exchange Commission, including the most recent Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and the closing Form 8-K/A filed on March 24, 2016.

New Financial Reporting Disclosures

Effective Q1 2016, Chubb Limited will report financial results within the following business segments: North America Commercial P&C Insurance, North America Personal P&C Insurance, North America Agricultural Insurance, Overseas General Insurance, Global Reinsurance, and Life Insurance. In addition, the company also redefined Corporate to include all run-off asbestos and environmental (A&E) exposures, the results of its Brandywine business, the results of its Westchester Specialty operations for 1996 and prior years, certain other mass tort exposures, and Legacy Chubb A&E and mass tort exposures. This reflects the company’s significantly larger and expanded operations subsequent to its acquisition of The Chubb Corporation on January 14, 2016. All prior periods have been revised to conform to the new segment presentation. Unless otherwise indicated, the term ‘pro forma’ is used to represent the combined company’s normal course of business without purchase accounting adjustments in order to present the underlying economics of the company’s business. Pro forma is defined as follows:

2016 Pro forma results: The combined company results inclusive of the first 14 days of January 2016. The 2016 and 2015 pro forma underwriting results do not include any impact from purchase accounting adjustments.

2015 Pro forma results: Legacy ACE plus Legacy Chubb historical results after conforming accounting policy alignment adjustments. Refer to the closing Form 8-K/A filed on March 24, 2016 for a description of these conforming accounting policy alignment adjustments.

A reconciliation of pro forma results as defined above to pro forma results in accordance with SEC guidance under Article 11, will be provided in the Reconciliation of non-GAAP section of the financial supplement. The Reconciliation of non-GAAP section is not provided within this template.

Cautionary Statement Regarding Forward-Looking Statements

Any forward-looking statements made in this financial supplement reflect Chubb’s current views with respect to future events and financial performance and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements involve risks and uncertainties which may cause actual results to differ materially from as indicated by such statements. For example, forward-looking statements related to financial performance including exposures, reserves and recoverables could be affected by the frequency of unpredictable catastrophic events, actual loss experience, uncertainties in the reserving or settlement process, currency exchange fluctuations, new theories of liability, judicial, legislative, regulatory and other governmental developments, litigation tactics and developments, investigation developments and actual settlement terms, the amount and timing of reinsurance receivable and credit developments among reinsurers.

Our forward-looking statements could also be affected by competition, pricing and policy term trends, market acceptance, changes in demand, actual market developments, rating agency action, possible terrorism or the outbreak and effects of war. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the dates on which they are made. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

New Disclosures

Chubb Limited

Consolidated Financial Highlights

(in millions of U.S. dollars, except share, per share data, and ratios)

(Unaudited)

Note: All dollar amounts in the Financial Supplement are rounded. However, percent changes and ratios are calculated using whole dollars. Accordingly, calculations using rounded dollars may differ.

		As Reported														Pro Forma
														Constant $												Constant $
		Three months ended March 31						% Change						% Change		Three months ended March 31						% Change				% Change
								1Q-16 vs.		Constant $				1Q-16 vs.								1Q-16 vs.		Constant $		1Q-16 vs.
		2016		2015				1Q-15		2015 (1)				1Q-15 (1)		2016		2015				1Q-15		2015 (1)		1Q-15 (1)
Gross premiums written				$	5,322													$	8,700
Net premiums written				$	4,076													$	7,216
P&C net premiums written (2)				$	3,585													$	6,700
Global P&C net premiums written (2)				$	3,497													$	6,612
Net premiums earned				$	3,927													$	7,037
Adjusted net investment income (2)				$	551
Operating income				$	745
Net income				$	681
Comprehensive income				$	642
Operating cash flow				$	1,075
P&C combined ratio (2)
Loss and loss expense ratio					57.1%														59.3%
Underwriting and administrative expense ratio					31.3%														31.8%
Combined ratio					88.4%														91.1%
Operating return on equity (ROE)					10.8%
ROE					9.2%
Operating effective tax rate (3)					13.7%
Effective tax rate					15.0%
Diluted earnings per share
Operating income				$	2.25
Net income				$	2.05
Full quarter diluted earnings per share (4)
Operating income
Net income
														% Change
										December 31				1Q-16 vs
										2015				4Q-15
Book value per common share										$	89.77
Book value per common share excluding foreign currency (5)										$	89.77
Tangible book value per common share										$	72.25
Tangible book value per common share excluding foreign currency (5)										$	72.25
Tangible book value per common share excluding Chubb Corp. acquisition (5)										$	72.25
Tangible book value per common share excluding acquisition and foreign currency (5) (6)										$	72.25
Weighted average basic common shares outstanding					328.2					$	325.6
Weighted average diluted common shares outstanding					331.7					$	328.8
Total hybrid & financial debt/capitalization											25.0%

(1) Prior periods on a constant dollar basis.

(2) See non-GAAP financial measures (not provided within this template).

(3) Operating effective tax rate is dependent upon the mix of earnings from different jurisdictions with various tax rates. A change in the geographic mix of earnings would change the effective tax rate.

(4) Full quarter diluted earnings per share for Q1 2016 includes the combined company’s results for the first 14 days of January 2016 and includes the impact of purchase accounting adjustments.

(5) For 2016, book value per common share and tangible book value per common share exclude the impact of foreign currency movement during the quarter.

(6) For 2016, tangible book value per common share excludes the impact from goodwill and intangibles net of tax, relating to the acquisition of The Chubb Corporation.

2016 Pro forma results: The combined company results inclusive of the first 14 days of January 2016. The 2016 and 2015 pro forma underwriting results do not include any impact from purchase accounting adjustments.

2015 Pro forma results: Legacy ACE plus Legacy Chubb historical results after conforming accounting policy alignment adjustments.

Financial Highlights

Chubb Limited

Consolidated Gross and Net Premiums Written by Line of Business

(in millions of U.S. dollars)

(Unaudited)

As Reported

Pro Forma

% Change Pro Forma 2Q-16 vs.   Pro Forma

Constant $   Pro Forma

Constant $ % Change Pro Forma 2Q-16 vs. Pro Forma

2Q-16

2Q-15

2Q-16

2Q-15

2Q-15

2Q-15

2Q-15

Gross premiums written

Property and Casualty lines

North America Commercial P&C

Commercial multiple peril

Commercial casualty

Workers’ compensation

The company intends to provide supplementary line of business information beginning with the Q2 2016 earnings release

Professional liability

Surety

Property and other short-tail lines

North America Agricultural

North America Personal P&C

Auto

Homeowners

Other personal

International

Professional liability

Surety

Other casualty

Personal lines

Property and other short-tail lines

Total Property and Casualty lines

Other Lines

Global A&H (1)

Reinsurance

Life

Total consolidated

Net premiums written

Property and Casualty lines

North America Commercial P&C

Commercial multiple peril

Commercial casualty

Workers’ compensation

Professional liability

Surety

Property and other short-tail lines

North America Agricultural

North America Personal P&C

Auto

Homeowners

Other personal

International

Professional liability

Surety

Other casualty

Personal lines

Property and other short-tail lines

Total Property and Casualty lines

Other Lines

Global A&H (1)

Reinsurance

Life

Total consolidated

(1) For purposes of this schedule only, A&H results from our Combined North America and International businesses, normally included in the Life Insurance and Overseas General Insurance segments, respectively, as well as the A&H results of our North America Commercial P&C segment, are included in the Global A&H line item above.

2016 Pro forma results: The combined company results inclusive of the first 14 days of January 2016. The 2016 and 2015 pro forma underwriting results do not include any impact from purchase accounting adjustments.

2015 Pro forma results: Legacy ACE plus Legacy Chubb historical results after conforming accounting policy alignment adjustments.

Line of Business

Chubb Limited

Consolidated Results - Consecutive Quarters

(in millions of U.S. dollars, except ratios)

(Unaudited)

		As Reported				Pro Forma						Legacy ACE
Chubb Limited Consolidated		1Q-16				1Q-16		1Q-15				4Q-15				3Q-15				2Q-15				1Q-15				Full Year 2015
Consolidated Results (Including Corporate) Excluding Life Insurance Segment (1)
Gross premiums written								$	8,151			$	5,091			$	5,824			$	5,975			$	4,800			$	21,690
Net premiums written									6,700				3,629				4,217				4,284				3,585				15,715
Net premiums earned									6,539				3,701				4,239				3,873				3,453				15,266
Adjusted losses and loss expenses (1)									3,877				2,146				2,494				2,282				1,970				8,892
Policy acquisition costs (excluding amortization of acquired UPR)									1,284				602				654				609				600				2,465
Amortization of acquired UPR (2)									-				-				-				-				-				-
Administrative expenses									793				500				494				504				481				1,979
Underwriting income									585				453				597				478				402				1,930
Adjusted net investment income (1)													465				483				496				485				1,929
Adjusted interest expense (1)													64				68				71				68				271
Other income (expense) - operating (3)													(6)				12				(1)				(2)				3
Amortization of purchased intangibles													35				51				55				30				171
Income tax expense													97				140				136				119				492
Operating income (including Corporate) excluding Life Insurance segment													716				833				711				668				2,928
Life Insurance segment income													64				64				77				77				282
Consolidated operating income													780				897				788				745				3,210
Chubb integration and related expenses, net of tax													(35)				(7)				-				-				(42)
Amortization of fair value adjustment of acquired invested assets and long-term debt, net of tax(2)													-				-				-				-				-
Adjusted net realized gains (losses) (1)													(57)				(393)				128				(89)				(411)
Net realized gains (losses) related to unconsolidated entities													(17)				25				33				26				67
Income tax expense (benefit) on adjusted net realized gains (losses)													(12)				(6)				7				1				(10)
Consolidated net income												$	683			$	528			$	942			$	681			$	2,834
% Change versus prior year period (1)
Net premiums written													-4.6%				-0.4%				5.5%				-2.9%				-0.5%
Net premiums earned													-4.4%				-0.6%				0.8%				-1.0%				-1.3%
Net premiums written constant $													1.7%				5.6%				11.6%				1.7%				5.3%
Net premiums earned constant $													1.6%				5.4%				7.0%				3.5%				4.4%
Other ratios
Net premiums written/gross premiums written (1)									82%				71%				72%				72%				75%				72%
Operating effective tax rate													11.1%				13.5%				14.7%				13.7%				13.3%
P&C combined ratio (1)
Loss and loss expense ratio									59.3%				58.0%				58.8%				58.9%				57.1%				58.2%
Policy acquisition cost ratio									19.6%				16.2%				15.4%				15.7%				17.4%				16.1%
Administrative expense ratio									12.2%				13.5%				11.7%				13.1%				13.9%				13.1%
Combined ratio									91.1%				87.7%				85.9%				87.7%				88.4%				87.4%
Combined ratio excluding catastrophe losses and PPD									89.2%				88.4%				89.2%				88.4%				89.3%				88.8%
P&C expense ratio									31.8%				29.7%				27.1%				28.8%				31.3%				29.2%
P&C expense ratio excluding A&H									29.9%				26.3%				23.6%				25.5%				27.9%				25.7%
Catastrophe reinstatement premiums collected - pre-tax								$	-			$	(1)			$	-			$	-			$	-			$	(1)
Catastrophe losses - pre-tax								$	315			$	74			$	72			$	124			$	51			$	321
Favorable prior period development (PPD) - pre-tax								$	(192)			$	(100)			$	(210)			$	(153)			$	(83)			$	(546)
Loss and loss expense ratio excluding catastrophe losses and PPD									57.5%				58.5%				62.2%				59.7%				58.1%				59.7%

(1) See non-GAAP financial measures (not provided within this template).

(2) Purchase accounting adjustments related to the acquisition of The Chubb Corporation.

(3) Excludes portion of net realized investment gains and losses related to unconsolidated entities.

Note: See Glossary on page XX (not provided within this template) for further information on the calculation of the components of combined ratios.

2016 Pro forma results: The combined company results inclusive of the first 14 days of January 2016. The 2016 and 2015 pro forma underwriting results do not include any impact from purchase accounting adjustments.

2015 Pro forma results: Legacy ACE plus Legacy Chubb historical results after conforming accounting policy alignment adjustments.

Consolidated Results

Chubb Limited

Pro Forma Segment Results - For Reference Purposes Only

(in millions of U.S. dollars)

(Unaudited)

		Pro forma (excluding purchase accounting adjustments)
		North America   Commercial P&C Insurance				North America Personal P&C Insurance				North America Agricultural Insurance				Overseas General         Insurance				Global     Reinsurance				Life Insurance				Corporate				Total   Consolidated
Pro Forma Q1 2016
Net premiums written
Net premiums earned
Adjusted Losses and loss expenses
Policy benefits
(Gains) losses from fair value changes in separate account assets
Policy acquisition costs
Administrative expenses
Adjusted underwriting income (loss)
Adjusted combined ratio
Adjusted combined ratio excluding catastrophe losses and PPD
		Pro Forma (excluding purchase accounting adjustments)
		North America Commercial P&C Insurance				North America Personal P&C Insurance				North America Agricultural Insurance				Overseas General Insurance				Global Reinsurance				Life Insurance				Corporate				Total Consolidated
Pro Forma Q1 2015
Net premiums written		$	2,928			$	909			$	88			$	2,480			$	295			$	516			$	-			$          7,216
Net premiums earned			3,074				1,007				64				2,166				228				498				-			7,037
Adjusted Losses and loss expenses			1,892				767				22				1,081				98				164				17			4,041
Policy benefits			-				-				-				-				-				142				-			142
(Gains) losses from fair value changes in separate account assets			-				-				-				-				-				(11)				-			(11)
Policy acquisition costs			473				220				(4)				542				53				113				-			1,397
Administrative expenses			298				83				(1)				316				15				82				82			875
Underwriting income (loss)		$	411			$	(63)			$	47			$	227			$	62			$	8			$	(99)			$           593
Combined ratio			86.6%				106.2%				26.4%				89.5%				73.0%
Combined ratio excluding catastrophe losses and PPD			88.2%				82.6%				76.7%				91.6%				75.8%
The following table presents the reconciliation of 2016 as reported underwriting income (loss) for each segment to 2016 adjusted underwriting income (loss) shown above.
Q1 2016		North America Commercial P&C Insurance				North America Personal P&C Insurance				North America Agricultural Insurance				Overseas General Insurance				Global Reinsurance				Life Insurance				Corporate				Total Consolidated
Underwriting income (loss) as reported
Add: Pre-acquisition underwriting income (loss) (14 days prior to close)			Reconciliation to as reported results
Less: amortization of acquired UPR (1)
Add: amortization of DAC on acquired UPR (1)
Adjusted underwriting income (loss)

(1) Related to the acquisition of The Chubb Corporation

2016 Pro forma results: The combined company results inclusive of the first 14 days of January 2016. The 2016 and 2015 pro forma underwriting results do not include any impact from purchase accounting adjustments.

2015 Pro forma results: Legacy ACE plus Legacy Chubb historical results after conforming accounting policy alignment adjustments.

Pro forma

Chubb Limited

Consolidated Statement of Operations - As Reported Results

(in millions of U.S. dollars, except ratios)

(Unaudited)

Q1 2016 - As  Reported

North America Commercial P&C     Insurance

North America Personal P&C     Insurance

North America Agricultural     Insurance

Overseas General     Insurance

Global Reinsurance

Corporate

Total         P&C

Life       Insurance

Total (4) Consolidated

Net premiums written

Net premiums earned

Adjusted Losses and loss expenses (1)

Policy benefits

(Gains) losses from fair value changes in separate account assets (2)

Policy acquisition costs (excluding amortization of acquired UPR)

Amortization of acquired UPR (3)

Administrative expenses

Underwriting income (loss)

Adjusted net investment income (4)

Segment income

Adjusted Interest expense (4)

Other income (expense)-operating (2)

Amortization of purchased intangibles

Income tax expense

Operating income

Chubb integration and related expenses, net of tax

Amortization of fair value adjustment of acquired invested assets and long-term debt, net of tax (3)

Adjusted net realized gains (losses) (1)

Net realized gains (losses) related to unconsolidated entities

Income tax expense (benefit) on net realized gains (losses)

Net income

P&C Combined ratio

P&C Combined ratio excluding catastrophe losses and PPD

(1) (Gains) losses on crop derivatives are reclassified from net realized gains (losses) to Losses and loss expenses for purposes of presenting North America Agricultural Insurance underwriting income.

(2) (Gains) losses from fair value changes in separate account assets that do not qualify for separate account reporting under GAAP have been reclassified for segment income presentation from Other income (expense).

(3) Related to the acquisition of the Chubb Corporation.

(4) See non-GAAP financial measures (not provided within this template).

Consol P&L 2016

Chubb Limited

Consolidated Statement of Operations - As Reported Results

(in millions of U.S. dollars, except ratios)

(Unaudited)

		Legacy ACE - Adjusted to Conform to New Segment Presentation
Q1 2015		North  America  Commercial P&C  Insurance				North  America  Personal P&C  Insurance				North  America    Agricultural  Insurance				Overseas General Insurance				Global  Reinsurance				Corporate				Total  P&C				Life    Insurance				Total (4)  Consolidated
Net premiums written		$	1,297			$	133			$	88			$	1,794			$	273			$	-			$	3,585			$	491			$	4,076
Net premiums earned			1,380				146				64				1,637				226				-				3,453				474				3,927
Adjusted Losses and loss expenses (1)			915				111				22				814				99				9				1,970				152				2,122
Policy benefits			-				-				-				-				-				-				-				142				142
(Gains) losses from fair value changes in separate account assets (2)			-				-				-				-				-				-				-				(11)				(11)
Policy acquisition costs			130				31				(4)				389				54				-				600				107				707
Administrative expenses			151				19				(1)				256				12				44				481				73				554
Underwriting income (loss)			184				(15)				47				178				61				(53)				402				11				413
Net investment income			258				5				6				138				75				3				485				66				551
Segment income		$	442			$	(10)			$	53			$	316			$	136			$	(50)			$	887			$	77			$	964
Interest expense																							68												68
Other income (expense)-operating (2)																							(2)												(2)
Amortization of purchased intangibles																							30												30
Income tax expense																							119												119
Operating income (loss)																							(269)												745
Chubb integration and related expenses, net of tax																							-												-
Adjusted net realized gains (losses) (1)																							(89)												(89)
Net realized gains (losses) related to unconsolidated entities																							26												26
Income tax expense (benefit) on net realized gains (losses)																							1												1
Net income (loss)																						$	(333)											$	681
P&C Combined ratio			86.7%				110.2%				26.4%				89.1%				73.2%								88.4%
P&C Combined ratio excluding catastrophe losses and PPD			88.1%				85.3%				76.7%				90.3%				75.5%								89.3%

(1) (Gains) losses on crop derivatives are reclassified from net realized gains (losses) to Losses and loss expenses for purposes of presenting North America Agricultural Insurance underwriting income.

(2) (Gains) losses from fair value changes in separate account assets that do not qualify for separate account reporting under GAAP have been reclassified for segment income presentation from Other income (expense).

Consol P&L 2015

Chubb Limited

Global P&C Results - Consecutive Quarters

(in millions of U.S. dollars, except ratios)

(Unaudited)

Global P&C includes the company’s North America Commercial P&C Insurance segment, North America Personal P&C Insurance segment, Overseas General Insurance segment, Global Reinsurance segment, and Corporate. Global P&C excludes the North America Agricultural segment.

		As Reported						Pro Forma										Legacy ACE
Global P&C (Including Corporate and excluding Agriculture)		1Q-16						1Q-16						1Q-15				4Q-15				3Q-15				2Q-15				1Q-15				Full Year     2015
Gross premiums written														$	8,023			$	4,821			$	4,581			$	5,409			$	4,672			$	19,483
Net premiums written															6,612				3,487				3,480				3,905				3,497				14,369
Net premiums earned															6,475				3,461				3,500				3,552				3,389				13,902
Losses and loss expenses															3,855				1,968				1,870				2,009				1,948				7,795
Policy acquisition costs (excluding amortization of acquired UPR)															1,288				594				612				586				604				2,396
Amortization of acquired UPR (2)															-				-				-				-				-				-
Administrative expenses															794				502				494				500				482				1,978
Underwriting income															538				397				524				457				355				1,733
Adjusted net investment income (1)																			459				478				490				479				1,906
Adjusted interest expense (1)																			64				68				71				68				271
Other income (expense) - operating (3)																			(6)				12				(1)				(2)				3
Amortization of purchased intangibles																			35				51				55				30				171
Income tax expense																			97				140				136				119				492
Global P&C operating income																			654				755				684				615				2,708
Chubb integration and related expenses, net of tax																			(35)				(7)				-				-				(42)
Amortization of fair value adjustments of acquired invested assets and long-term debt, net of tax (2)																			-				-				-				-				-
Net realized gains (losses)																			(57)				(393)				128				(89)				(411)
Net realized gains (losses) related to unconsolidated entities																			(17)				25				33				26				67
Income tax expense (benefit) on net realized gains (losses)																			(12)				(6)				7				1				(10)
Global P&C net income																		$	557			$	386			$	838			$	551			$	2,332
% Change versus prior year period
Net premiums written																			-2.0%				0.3%				6.4%				0.0%				1.2%
Net premiums earned																			-2.4%				0.0%				1.2%				0.1%				-0.3%
Net premiums written constant $																			4.9%				7.8%				13.2%				5.0%				7.7%
Net premiums earned constant $																			4.3%				7.6%				8.0%				4.8%				6.2%
Other ratios
Net premiums written/gross premiums written															82%				72%				76%				72%				75%				74%
Combined ratio
Loss and loss expense ratio															59.6%				56.9%				53.4%				56.5%				57.5%				56.1%
Policy acquisition cost ratio															19.9%				17.1%				17.5%				16.5%				17.8%				17.2%
Administrative expense ratio															12.2%				14.5%				14.1%				14.1%				14.2%				14.2%
Combined ratio															91.7%				88.5%				85.0%				87.1%				89.5%				87.5%
Combined ratio excluding catastrophe losses and PPD															89.3%				89.1%				88.8%				88.2%				89.5%				88.9%
Expense ratio															32.1%				31.6%				31.6%				30.6%				32.0%				31.4%
Expense ratio excluding A&H															30.3%				28.3%				28.2%				27.4%				28.7%				28.1%
Catastrophe reinstatement premiums collected - pre-tax														$	-			$	(1)			$	-			$	-			$	-			$	(1)
Catastrophe losses - pre-tax														$	314			$	73			$	72			$	117			$	50			$	312
Favorable prior period development (PPD) - pre-tax														$	(159)			$	(93)			$	(205)			$	(153)			$	(50)			$	(501)
Loss and loss expense ratio excluding catastrophe losses and PPD															57.2%				57.3%				57.3%				57.6%				57.6%				57.4%

(1) See non-GAAP financial measures (not provided within this template).

(2) Purchase accounting adjustments related to the acquisition of The Chubb Corporation.

(3) Excludes portion of net realized investment gains and losses related to unconsolidated entities.

2016 Pro forma results: The combined company results inclusive of the first 14 days of January 2016. The 2016 and 2015 pro forma underwriting results do not include any impact from purchase accounting adjustments.

2015 Pro forma results: Legacy ACE plus Legacy Chubb historical results after conforming accounting policy alignment adjustments.

Global P&C

Chubb Limited

Segment Results - Consecutive Quarters

(in millions of U.S. dollars, except ratios)

(Unaudited)

		As Reported				Pro Forma						Legacy ACE
North America Commercial P&C Insurance																												Full Year
		1Q-16				1Q-16		1Q-15				4Q-15				3Q-15				2Q-15				1Q-15				2015
Gross premiums written								$	3,752			$	2,408			$	1,994			$	2,070			$	1,979			$	8,451
Net premiums written									2,928				1,557				1,433				1,428				1,297				5,715
Net premiums earned									3,074				1,425				1,410				1,419				1,380				5,634
Losses and loss expenses									1,892				917				913				916				915				3,661
Policy acquisition costs (excluding amortization of acquired UPR)									473				128				142				131				130				531
Amortization of acquired UPR (1)									-				-				-				-				-				-
Administrative expenses									298				162				154				154				151				621
Underwriting income									411				218				201				218				184				821
Adjusted net investment income													252				260				262				258				1,032
Segment income												$	470			$	461			$	480			$	442			$	1,853
Combined ratio
Loss and loss expense ratio									61.6%				64.4%				64.7%				64.5%				66.3%				65.0%
Policy acquisition cost ratio									15.4%				8.9%				10.1%				9.2%				9.4%				9.4%
Administrative expense ratio									9.6%				11.3%				11.0%				10.9%				11.0%				11.0%
Combined ratio									86.6%				84.6%				85.8%				84.6%				86.7%				85.4%
Combined ratio excluding catastrophe losses and PPD									88.2%				88.3%				89.3%				88.6%				88.1%				88.6%
Catastrophe losses - pre-tax								$	66			$	25			$	10			$	41			$	9			$	85
Favorable prior period development (PPD) - pre-tax								$	(115)			$	(79)			$	(59)			$	(96)			$	(30)			$	(264)
Loss and loss expense ratio excluding catastrophe losses and PPD									63.2%				67.8%				68.3%				68.6%				67.9%				68.2%
% Change versus prior year period (1)
Net premiums written													2.1%				2.9%				-3.3%				0.4%				0.5%
Net premiums earned													0.5%				2.3%				1.4%				2.1%				1.6%
Net premiums written constant $
Net premiums earned constant $
Other ratios
Net premiums written/gross premiums written									78%				65%				72%				69%				66%				68%

(1) Related to the acquisition of The Chubb Corporation

2016 Pro forma results: The combined company results inclusive of the first 14 days of January 2016. The 2016 and 2015 pro forma underwriting results do not include any impact from purchase accounting adjustments.

2015 Pro forma results: Legacy ACE plus Legacy Chubb historical results after conforming accounting policy alignment adjustments.

NA Commercial

Chubb Limited

Segment Results - Consecutive Quarters

(in millions of U.S. dollars, except ratios)

(Unaudited)

		As Reported				Pro Forma						Legacy ACE
North America Personal P&C Insurance																												Full Year
		1Q-16				1Q-16		1Q-15				4Q-15				3Q-15				2Q-15				1Q-15				2015
Gross premiums written								$	978			$	314			$	378			$	835			$	146			$	1,673
Net premiums written									909				234				278				547				133				1,192
Net premiums earned									1,007				261				272				269				146				948
Losses and loss expenses									767				144				179				156				111				590
Policy acquisition costs (excluding amortization of acquired UPR)									220				26				13				(1)				31				69
Amortization of acquired UPR (1)									-				-				-				-				-				-
Administrative expenses									83				34				36				34				19				123
Underwriting income (loss)									(63)				57				44				80				(15)				166
Adjusted net investment income													6				7				7				5				25
Segment income (loss)												$	63			$	51			$	87			$	(10)			$	191
Combined ratio
Loss and loss expense ratio									76.2%				55.2%				65.8%				57.9%				76.4%				62.3%
Policy acquisition cost ratio									21.9%				10.1%				4.9%				-0.3%				21.0%				7.3%
Administrative expense ratio									8.1%				13.1%				13.0%				13.0%				12.8%				13.0%
Combined ratio									106.2%				78.4%				83.7%				70.6%				110.2%				82.6%
Combined ratio excluding catastrophe losses and PPD									82.6%				77.5%				70.5%				65.5%				85.3%				73.2%
Catastrophe losses - pre-tax								$	243			$	2			$	12			$	13			$	36			$	63
Unfavorable (favorable) prior period development (PPD) - pre-tax								$	(5)			$	-			$	25			$	-			$	-			$	25
Loss and loss expense ratio excluding catastrophe losses and PPD									52.6%				54.3%				52.6%				52.7%				51.5%				52.9%
% Change versus prior year period (1)
Net premiums written													62.7%				86.0%				247.0%				5.0%				106.4%
Net premiums earned													82.5%				92.6%				92.5%				6.7%				69.2%
Net premiums written constant $
Net premiums earned constant $
Other ratios
Net premiums written/gross premiums written									93%				75%				74%				65%				91%				71%

(1) Related to the acquisition of The Chubb Corporation

2016 Pro forma results: The combined company results inclusive of the first 14 days of January 2016. The 2016 and 2015 pro forma underwriting results do not include any impact from purchase accounting adjustments.

2015 Pro forma results: Legacy ACE plus Legacy Chubb historical results after conforming accounting policy alignment adjustments.

NA Personal

Chubb Limited

Segment Results - Consecutive Quarters

(in millions of U.S. dollars, except ratios)

(Unaudited)

North America Agricultural Insurance																				Full Year
		1Q-16		4Q-15				3Q-15				2Q-15				1Q-15				2015
Gross premiums written				$	270			$	1,243			$	566			$	128			$	2,207
Net premiums written					142				737				379				88				1,346
Net premiums earned					240				739				321				64				1,364
Losses and loss expenses (1)					178				624				273				22				1,097
Policy acquisition costs					8				42				23				(4)				69
Administrative expenses					(2)				-				4				(1)				1
Underwriting income					56				73				21				47				197
Net investment income					6				5				6				6				23
Segment income				$	62			$	78			$	27			$	53			$	220
Combined ratio
Loss and loss expense ratio					73.9%				84.5%				85.3%				33.3%				80.4%
Policy acquisition cost ratio					3.4%				5.7%				7.2%				-6.0%				5.1%
Administrative expense ratio					-0.9%				0.0%				1.1%				-0.9%				0.0%
Combined ratio					76.4%				90.2%				93.6%				26.4%				85.5%
Combined ratio excluding catastrophe losses and PPD					79.2%				90.8%				91.4%				76.7%				88.2%
Catastrophe losses - pre-tax				$	1			$	-			$	7			$	1			$	9
Favorable prior period development (PPD) - pre-tax				$	(7)			$	(5)			$	-			$	(33)			$	(45)
Loss and loss expense ratio excluding catastrophe losses and PPD					75.4%				85.1%				83.1%				83.2%				82.8%
% Change versus prior year period
Net premiums written					-41.9%				-3.5%				-2.4%				-54.6%				-15.3%
Net premiums earned					-26.2%				-3.6%				-2.9%				-37.2%				-10.6%
Other ratios
Net premiums written/gross premiums written					52%				59%				67%				69%				61%

(1) Include gains/losses on crop derivatives

NA Agriculture

Chubb Limited

Segment Results - Consecutive Quarters

(in millions of U.S. dollars, except ratios)

(Unaudited)

								As Reported				Pro Forma										Legacy ACE
Overseas General Insurance																																										Full Year
								1Q-16				1Q-16				1Q-15						4Q-15				3Q-15				2Q-15						1Q-15						2015
Gross premiums written (1)																$	2,972					$	1,990			$	2,019			$	2,212					$	2,255					$	8,476
Net premiums written (1)																	2,480						1,587				1,584				1,669						1,794						6,634
Net premiums earned																	2,166						1,575				1,615				1,644						1,637						6,471
Losses and loss expenses																	1,081						748				674				816						814						3,052
Policy acquisition costs (excluding amortization of acquired UPR)																	542						391				405				396						389						1,581
Amortization of acquired UPR (1)																	-						-				-				-						-						-
Administrative expenses																	316						241				246				254						256						997
Underwriting income																	227						195				290				178						178						841
Adjusted net investment income																							125				132				139						138						534
Segment income																						$	320			$	422			$	317					$	316					$	1,375
Combined ratio
Loss and loss expense ratio																	49.9%						47.5%				41.7%				49.7%						49.7%						47.2%
Policy acquisition cost ratio																	25.0%						24.8%				25.1%				24.1%						23.8%						24.4%
Administrative expense ratio																	14.6%						15.3%				15.2%				15.4%						15.6%						15.4%
Combined ratio																	89.5%						87.6%				82.0%				89.2%						89.1%						87.0%
Combined ratio excluding catastrophe losses and PPD																	91.6%						89.7%				90.5%				89.8%						90.3%						90.1%
Catastrophe reinstatement premiums - pre-tax																$	-					$	(2)			$	-			$	-					$	-					$	(2)
Catastrophe losses - pre-tax																$	5					$	40			$	39			$	58					$	5					$	142
Favorable prior period development (PPD) - pre-tax																$	(50)					$	(74)			$	(177)			$	(68)					$	(24)					$	(343)
Loss and loss expense ratio excluding catastrophe losses and PPD																	52.0%						49.6%				50.2%				50.3%						50.9%						50.3%
% Change versus prior year period
Net premiums written																							-9.3%				-7.9%				-5.1%						1.3%						-5.2%
Net premiums earned																							-10.5%				-6.4%				-3.9%						1.6%						-4.9%
Net premiums written constant $																							3.6%				6.1%				7.6%						11.0%						7.1%
Net premiums earned constant $																							1.7%				7.8%				9.4%						11.2%						7.5%
Other ratios
Net premiums written/gross premiums written																	83%						80%				78%				75%						80%						78%
		As Reported																				Pro Forma
												Constant $				Constant $																				Constant $						Constant $
(1) Production by Region		1Q-16		1Q-15				% Growth				1Q-15(3)				% Growth						1Q-16				1Q-15				% Growth						1Q-15(3)						% Growth
Gross premiums written
Europe				$	1,056																					$	1,454
Latin America					573																						732
Asia					521																						681
Other					105																						105
Overseas General Insurance				$	2,255																					$	2,972
Net Premiums Written
Europe				$	780																					$	1,163
Latin America					459																						611
Asia					452																						603
Other					103																						103
Overseas General Insurance				$	1,794																					$	2,480

(1) Related to the acquisition of The Chubb Corporation

2016 Pro forma results: The combined company results inclusive of the first 14 days of January 2016. The 2016 and 2015 pro forma underwriting results do not include any impact from purchase accounting adjustments.

2015 Pro forma results: Legacy ACE plus Legacy Chubb historical results after conforming accounting policy alignment adjustments.

Overseas General Insurance

Chubb Limited

Segment Results - Consecutive Quarters

(in millions of U.S. dollars, except ratios)

(Unaudited)

		As Reported				Pro Forma						Legacy ACE
Global Reinsurance																												Full Year
		1Q-16				1Q-16		1Q-15				4Q-15				3Q-15				2Q-15				1Q-15				2015
Gross premiums written								$	321			$	109			$	190			$	292			$	292			$	883
Net premiums written									295				109				185				261				273				828
Net premiums earned									228				200				203				220				226				849
Losses and loss expenses									98				99				20				72				99				290
Policy acquisition costs									53				48				52				60				54				214
Administrative expenses									15				12				12				13				12				49
Underwriting income									62				41				119				75				61				296
Net investment income													70				76				79				75				300
Segment Income												$	111			$	195			$	154			$	136			$	596
Combined ratio
Loss and loss expense ratio									42.8%				49.7%				9.6%				32.9%				43.6%				34.2%
Policy acquisition cost ratio									23.4%				24.1%				25.4%				27.2%				24.0%				25.2%
Administrative expense ratio									6.8%				6.0%				6.2%				5.6%				5.6%				5.8%
Combined ratio									73.0%				79.8%				41.2%				65.7%				73.2%				65.2%
Combined ratio excluding catastrophe losses and PPD									75.8%				76.6%				75.3%				79.6%				75.5%				76.8%
Catastrophe reinstatement premiums collected - pre-tax								$	-			$	1			$	-			$	-			$	-			$	1
Catastrophe losses - pre-tax								$	-			$	6			$	11			$	5			$	-			$	22
Favorable prior period development (PPD) - pre-tax								$	(6)			$	-			$	(78)			$	(36)			$	(5)			$	(119)
Loss and loss expense ratio excluding catastrophe losses and PPD									45.6%				46.5%				44.3%				46.7%				46.0%				45.9%
% Change versus prior year period
Net premiums written													-22.1%				-11.5%				-5.9%				-11.4%				-11.4%
Net premiums earned													-11.3%				-20.4%				-15.5%				-20.6%				-17.2%
Net premiums written constant $													-20.2%				-9.5%				-3.9%				-9.1%				-9.3%
Net premiums earned constant $													-9.0%				-18.1%				-13.2%				-19.0%				-15.1%
Other ratios
Net premiums written/gross premiums written									92%				100%				97%				90%				93%				94%

2016 Pro forma results: The combined company results inclusive of the first 14 days of January 2016. The 2016 and 2015 pro forma underwriting results do not include any impact from purchase accounting adjustments.

2015 Pro forma results: Legacy ACE plus Legacy Chubb historical results after conforming accounting policy alignment adjustments.

Global Reinsurance

Chubb Limited

Segment Results - Consecutive Quarters

(in millions of U.S. dollars)

(Unaudited)

		As Reported				Pro Forma						Legacy ACE
Life Insurance																												Full Year
		1Q-16				1Q-16		1Q-15				4Q-15				3Q-15				2Q-15				1Q-15				2015
Gross premiums written								$	549			$	548			$	522			$	529			$	522			$	2,121
Net premiums written									517				515				492				500				491				1,998
Net premiums earned									498				506				480				487				474				1,947
Losses and loss expenses									164				159				153				137				152				601
Policy benefits (1)									142				159				89				153				142				543
(Gains) losses from fair value changes in separate account assets (1)									(11)				(13)				49				(6)				(11)				19
Policy acquisition costs									113				134				117				118				107				476
Administrative expenses									82				70				74				74				73				291
Adjusted net investment income									66				67				66				66				66				265
Life insurance segment income (2)								$	74			$	64			$	64			$	77			$	77			$	282
% Change versus prior year period
Net premiums written													-1.6%				-0.8%				0.3%				-0.6%				-0.7%
Net premiums earned													1.4%				-1.9%				-0.8%				-1.9%				-0.8%
Net premiums written constant $ (3)													3.7%				4.4%				4.1%				2.4%				3.7%
Net premiums earned constant $													6.8%				3.4%				3.0%				0.9%				3.5%
(1) (Gains) losses from fair value changes in separate account assets that do not qualify for separate account reporting under GAAP have been reclassified from Other income (expense), recorded in corporate, for purposes of presenting Life segment income in the Life Insurance segment. The offsetting movement in the separate account liabilities is included in Policy benefits. (2) We assess the performance of our Life Insurance business based on Life Insurance segment income which includes (Gains) losses from fair value changes in separate account assets. (3) International life insurance net premiums written and deposits breakdown (excludes Combined North American and Life reinsurance businesses):
		As Reported
								Constant $
								% Change
						Constant $		1Q-16 vs.
		1Q-16				1Q-15(5)		1Q-15(5)
International life insurance net premiums written
International life insurance deposits (4)
Total international life insurance net premiums written and deposits

(4) Includes deposits collected on universal life and investment contracts. Consistent with GAAP, premiums collected on universal life and investment contracts are considered deposits and excluded from revenues.

(5) Prior periods on a constant dollar basis.

2016 Pro forma results: The combined company results inclusive of the first 14 days of January 2016. The 2016 and 2015 pro forma underwriting results do not include any impact from purchase accounting adjustments.

2015 Pro forma results: Legacy ACE plus Legacy Chubb historical results after conforming accounting policy alignment adjustments.

Life Insurance

Chubb Limited

Segment Results - Consecutive Quarters

(in millions of U.S. dollars, except ratios)

(Unaudited)

		As Reported				Pro Forma						Legacy ACE
Corporate																												Full Year
		1Q-16				1Q-16		1Q-15				4Q-15				3Q-15				2Q-15				1Q-15				2015
Gross premiums written								$	-			$	-			$	-			$	-			$	-			$	-
Net premiums written									-				-				-				-				-				-
Net premiums earned									-				-				-				-				-				-
Losses and loss expenses									17				60				84				49				9				202
Policy acquisition costs									-				1				-				-				-				1
Administrative expenses									82				53				46				45				44				188
Underwriting loss									(99)				(114)				(130)				(94)				(53)				(391)
Adjusted net investment income (1)													6				3				3				3				15
Adjusted interest expense (1)													64				68				71				68				271
Other income (expense) - operating (1)													(6)				12				(1)				(2)				3
Amortization of purchased intangibles													35				51				55				30				171
Income tax expense													97				140				136				119				492
Operating loss													(310)				(374)				(354)				(269)				(1,307)
Chubb integration and related expenses, net of tax													(35)				(7)				-				-				(42)
Amortization of fair value adjustment of acquired invested assets and long-term debt, net of tax (1)													-				-				-				-				-
Adjusted net realized gains (losses) (1)													(57)				(393)				128				(89)				(411)
Net realized gains (losses) related to unconsolidated entities													(17)				25				33				26				67
Income tax expense (benefit) on adjusted net realized gains (losses)													(12)				(6)				7				1				(10)
Net income												$	(407)			$	(743)			$	(200)			$	(333)			$	(1,683)
Unfavorable prior period development (PPD) - pre-tax								$	17			$	60			$	84			$	47			$	9			$	200

(1) See non-GAAP financial measures (not provided within this template).

2016 Pro forma results: The combined company results inclusive of the first 14 days of January 2016. The 2016 and 2015 pro forma underwriting results do not include any impact from purchase accounting adjustments.

2015 Pro forma results: Legacy ACE plus Legacy Chubb historical results after conforming accounting policy alignment adjustments.

Corporate

Chubb Limited

Net Realized and Unrealized Gains (Losses)

(in millions of U.S. dollars)

(Unaudited)

		Three months ended March 31, 2016
		Net Realized   Gains (Losses)				Net Unrealized Gains (Losses)				Net     Impact     Pre-tax				Tax Benefit (Expense)				Net       Impact       After-tax
Fixed maturities
Fixed income derivatives
Public equity
Private equity
Total investment portfolio
Mark-to-market from variable annuity reinsurance derivative transactions, net of applicable hedges
Foreign exchange
Partially-owned entities
Other
Net (losses)
		Legacy ACE
		Three months ended March 31, 2015
		Net Realized Gains (Losses) (6)				Net Unrealized Gains (Losses)				Net Impact Pre-tax				Tax Benefit (Expense)				Net       Impact       After-tax
Fixed maturities		$	(4	)		$	438			$	434
Fixed income derivatives			1				-				1
Public equity			1				18				19
Private equity			13				(12	)			1
Total investment portfolio			11				444				455
Mark-to-market from variable annuity reinsurance derivative transactions, net of applicable hedges			(57	)			-				(57	)
Foreign exchange			(31	)			(421	)			(452	)
Partially-owned entities			13				-				13
Other			1				13				14
Net gains (losses)		$	(63	)		$	36			$	(27	)		$	76			$              (103)

Net Gains (Losses)