Chubb will pay a quarterly dividend of $0.78 per share on January 8, 2021 to shareholders of record at the close of business on December 18, 2020.
This will be the third installment as approved by the company's shareholders on May 20, 2020.
Chubb’s board has also authorised a new share repurchase programme of up to $1.5 billion through December 31, 2021. Its existing share repurchase authorisation will remain effective through December 31, 2020.
The timing and volume of any share repurchases will be determined by management at its discretion and subject to market conditions, pursuant to Chubb’s capital management strategy.