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Insurance operating metrics

Insurance operating metrics: cross-company comparison


Oxford Ledge compares 2 insurers on 6 operating metrics extracted from their own SEC earnings exhibits. Every figure below is for Q2 2026.

2
Insurers
6
Operating Metrics

Insurance operating metrics

How we read this →

Every figure below is for Q2 2026.

CompanyCBChubb LtdTRVTravelers Companies, Inc.
Price$343.77$371.15
Enterprise value
Market cap$77.4B
LTM revenue$60.8B$48.9B
LTM net income$11.3B$7.6B
Reported periodQ2 2026Q2 2026
Combined ratio83.6%
Loss ratio54.6%
Expense ratio29.0%
Net premiums written$11.53B
Net premiums earned$10.75B
Book value / share$195.45$158.81

Context columns: share price and market value are from the latest recorded exchange data; LTM figures sum the issuer's last four quarterly filings and render blank unless all four quarters are on file; enterprise value = market value + total debt − cash from the latest quarterly balance sheet. These columns are sized context, not part of the SEC-exhibit extraction the table below is built from.

Metric coverage

  • Combined ratio: 1 of 2 insurers report this on the canonical basis.
  • Loss ratio: 1 of 2 insurers report this on the canonical basis.
  • Expense ratio: 1 of 2 insurers report this on the canonical basis.
  • Net premiums written: 1 of 2 insurers report this on the canonical basis.
  • Net premiums earned: 1 of 2 insurers report this on the canonical basis.
  • Book value / share: 2 of 2 insurers report this on the canonical basis.

Oxford Ledge Signal -- extracted from the issuer's own SEC earnings exhibit and normalized by Oxford Ledge. As reported by the issuer per regulatory convention, not re-audited by us; a figure our extractor could not verify is withheld, never shown. A metric is compared only across insurers reporting it on the SAME basis and scope; a blank cell is an honest coverage gap, never a zero, and insurers may report different quarters (see the period range). Source: each issuer’s own SEC EDGAR earnings exhibit.

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