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Earnings per share | 3 Months Ended
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Mar. 31, 2024
Earnings Per Share [Abstract] |
Earnings per share | Earnings per share
|  |  | Three Months Ended
|  |  | March 31
(in millions of U.S. dollars, except share and per share data) |  |  |  |  | 2024 |  | 2023
Numerator: |  |  |  |  |  |  |
Net income |  |  |  |  | $ | 2,294 |  |  | $ | 1,892 |
Net income attributable to noncontrolling interests |  |  |  |  | 151 |  |  | — |
Net income attributable to Chubb |  |  |  |  | $ | 2,143 |  |  | $ | 1,892 |
Denominator: |  |  |  |  |  |  |
Denominator for basic earnings per share attributable to Chubb: |  |  |  |  |  |  |
Weighted-average shares outstanding |  |  |  |  | 405,662,694 |  |  | 414,289,150 |
Denominator for diluted earnings per share attributable to Chubb: |  |  |  |  |  |  |
Share-based compensation plans |  |  |  |  | 4,076,941 |  |  | 3,639,042 |
Weighted-average shares outstanding and assumed conversions |  |  |  |  | 409,739,635 |  |  | 417,928,192 |
Basic earnings per share attributable to Chubb |  |  |  |  | $ | 5.28 |  |  | $ | 4.57 |
Diluted earnings per share attributable to Chubb |  |  |  |  | $ | 5.23 |  |  | $ | 4.53 |
Potential anti-dilutive share conversions |  |  |  |  | 1,005,420 |  |  | 1,731,523 |
Excluded from weighted-average shares outstanding and assumed conversions is the impact of securities that would have been anti-dilutive during the respective periods. These securities consisted of stock options in which the underlying exercise prices were greater than the average market prices of our Common Shares. Refer to Note 16 to the Consolidated Financial Statements of our 2023 Form 10-K for additional information on stock options.

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