Chubb Ltd

10-K & 10-Q Filings

Chubb Limited is a Swiss-incorporated holding company for the Chubb Group of Companies, a global insurance and reinsurance organization. The company was founded in 1985 and has grown to serve clients in 54 countries and territories. Chubb provides commercial and consumer property and casualty (P&C) insurance, accident and health (A&H), reinsurance, and life insurance. The company's business strategy includes maintaining strong financial strength ratings, effectively using digital capabilities, and incorporating climate and environmental changes into insurance processes, products, and services. Chubb operates through six 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. The company's website is investors.chubb.com, and its ticker symbol is CB. The North America Commercial P&C Insurance segment provides P&C and A&H insurance and services to large, middle market, and small commercial businesses in the U.S., Canada, and Bermuda. The North America Personal P&C Insurance segment offers personal insurance products to high net worth individuals and families. The North America Agricultural Insurance segment provides crop insurance and farm and ranch insurance. The Overseas General Insurance segment includes Chubb International, which provides retail and wholesale insurance services internationally, and the international supplemental A&H business of Combined International Insurance. The Global Reinsurance segment provides reinsurance services, and the Life Insurance segment offers life insurance products. Chubb's business segments compete against numerous insurance companies and other entities offering risk alternatives. The company seeks a competitive advantage through its ability to address the specific needs of its customers, provide superior service, and develop and deploy digital production and processes. Chubb's website is a source of financial information and disclosures, and investors can also contact the Investor Relations Department for additional information.

12 mos ending Dec 31, 201112 mos ending Dec 31, 201212 mos ending Dec 31, 201312 mos ending Dec 31, 201412 mos ending Dec 31, 201512 mos ending Dec 31, 201612 mos ending Dec 31, 201712 mos ending Dec 31, 201812 mos ending Dec 31, 201912 mos ending Dec 31, 202012 mos ending Dec 31, 202112 mos ending Dec 31, 202212 mos ending Dec 31, 20233 mos ending Mar 31, 20233 mos ending Mar 31, 2024CAGR %YoY %Revenue (+)
$16834.00
17936.00
19261.00
19171.00
18987.00
31469.00
32243.00
32717.00
34186.00
35994.00
40963.00
43166.00
49735.00
11057.00
12894.00
9.45%16.61%Premiums Written (+)
$15372.00
16075.00
17025.00
17799.00
17713.00
28145.00
29244.00
30579.00
32275.00
33820.00
37868.00
41755.00
47361.00
10710.00
12221.00
9.83%14.11%Premiums Earned (+)
$15387.00
15677.00
16613.00
17426.00
17213.00
28749.00
29034.00
30064.00
31290.00
33117.00
36355.00
40389.00
45712.00
10142.00
11583.00
9.50%14.21%Selling, General & Administrative (-)
$2052.00
2096.00
2211.00
2245.00
2270.00
3081.00
2833.00
2886.00
3030.00
2979.00
3136.00
3395.00
4007.00
930.00
1070.00
5.74%15.05%Depreciation & Amortization (-)
$
171.00
19.00
260.00
339.00
305.00
290.00
287.00
285.00
310.00
72.00
80.00
11.11%Non-recurring Operating Expenses (-)
$50.00
37.00
22.00
68.00
112.00
103.00
45.00
Operating Expenses (-)
$2302.00
2346.00
2486.00
2525.00
2886.00
4078.00
3655.00
3491.00
3314.00
2791.00
1550.00
4372.00
4222.00
888.00
1144.00
5.18%28.83%Costs & Expenses (Total) (-)
$14743.00
14960.00
15023.00
15684.00
15691.00
26519.00
28521.00
28060.00
28937.00
31832.00
31147.00
36598.00
40209.00
8781.00
10258.00
8.72%16.82%Operating Income/Loss (+)
$2091.00
2976.00
4238.00
3487.00
3296.00
4950.00
3722.00
4657.00
5249.00
4162.00
9816.00
6568.00
9526.00
2276.00
2636.00
13.47%15.82%Non-operating Income/Expense (+)
$2169.00
2187.00
2129.00
2334.00
2245.00
2865.00
3125.00
3305.00
3426.00
3375.00
3456.00
3742.00
Interest Expense (-)
$250.00
250.00
275.00
280.00
300.00
605.00
607.00
641.00
552.00
516.00
492.00
570.00
672.00
160.00
178.00
8.59%11.25%Earnings before Tax (+)
$2597.00
3246.00
4718.00
4121.00
3758.00
4950.00
3722.00
4657.00
5249.00
4162.00
9816.00
6568.00
9526.00
2276.00
2636.00
11.44%15.82%Tax Expense (-)
$506.00
270.00
480.00
634.00
462.00
815.00
-139.00
695.00
795.00
629.00
1277.00
1255.00
511.00
384.00
342.00
0.08%-10.94%Income/Loss (Continuing Operations) (+)
$2091.00
2976.00
4238.00
3487.00
3296.00
4135.00
3861.00
3962.00
4454.00
3533.00
8539.00
5313.00
9015.00
1892.00
2294.00
12.95%21.25%Profit/Loss (+)
$
9015.00
2294.00
Net Income/Loss (NCI) (-)
$
-13.00
151.00
Net Income/Loss (+)
$1585.00
2706.00
3758.00
2853.00
2834.00
4135.00
3861.00
3962.00
4454.00
3533.00
8539.00
5313.00
9028.00
1892.00
2143.00
15.60%13.27%Net Income/Loss (Common) (+)
$1585.00
2706.00
3758.00
2853.00
2834.00
4135.00
3861.00
3962.00
4454.00
3533.00
8539.00
5313.00
9028.00
1892.00
2143.00
15.60%13.27%EPS (Basic)
$4.68
7.96
11.02
8.50
8.71
8.94
8.26
8.55
9.77
7.82
19.41
12.66
21.97
4.57
5.28
13.75%15.54%EPS (Diluted)
$4.65
7.89
10.92
8.42
8.62
8.87
8.19
8.49
9.71
7.79
19.27
12.55
21.80
4.53
5.23
13.74%15.45%Weighted Avg Shares (Basic)
337.15
339.32
336.66
327.34
461.67
465.78
464.09
458.38
451.91
450.22
426.23
413.51
405.76
414.17
406.06
1.56%-1.96%Cash
$614.00
615.00
579.00
655.00
1775.00
985.00
728.00
1247.00
1537.00
1747.00
1659.00
2012.00
2621.00
2288.00
2651.00
12.86%15.87%Short-term Investments
$2301.00
2228.00
1763.00
2322.00
10446.00
3002.00
3561.00
3016.00
4291.00
4345.00
7928.00
5787.00
8006.00
4635.00
8876.00
10.95%91.50%Receivables
$4387.00
4147.00
5026.00
5426.00
5323.00
8970.00
9334.00
10075.00
10357.00
10480.00
11322.00
11933.00
13379.00
12340.00
13991.00
9.74%13.38%Securities & Long-term Investments
$57431.00
62509.00
63030.00
64738.00
66251.00
99094.00
102444.00
100968.00
109234.00
118669.00
122323.00
113551.00
136735.00
115616.00
140370.00
7.50%21.41%Goodwill & Intangibles
$
22095.00
22054.00
21414.00
21359.00
21211.00
20668.00
21728.00
26461.00
21539.00
26405.00
22.59%Other Assets
$22772.00
23046.00
24112.00
25107.00
18571.00
25640.00
28901.00
31051.00
30165.00
34322.00
36154.00
44133.00
43480.00
44997.00
42574.00
5.54%-5.38%Assets (Total)
$87505.00
92545.00
94510.00
98248.00
102366.00
159786.00
167022.00
167771.00
176943.00
190774.00
200054.00
199144.00
230682.00
201415.00
234867.00
8.41%16.61%Accounts Payable
$3948.00
5377.00
4810.00
5726.00
6205.00
8617.00
9545.00
10472.00
11773.00
14052.00
15004.00
15587.00
8332.00
6656.00
8357.00
6.42%25.56%Debt (Current)
$1251.00
1401.00
1901.00
2552.00
500.00
1013.00
509.00
1299.00
999.00
475.00
1460.00
2265.00
1.30%Insurance Liabilities
$14813.00
14806.00
15782.00
55386.00
54819.00
85992.00
89584.00
90435.00
91459.00
97884.00
105234.00
114598.00
131825.00
117416.00
133509.00
19.98%13.71%Securities (Liabilities)
$1672.00
1795.00
1633.00
1331.00
2451.00
2496.00
3145.00
3344.00
2410.00
1844.00
1831.00
1523.00
1299.00
1582.00
1708.00
-2.08%7.96%Debt (Non-current)
$4920.00
5070.00
6017.00
6218.00
9756.00
13418.00
12877.00
12904.00
15166.00
14948.00
16168.00
14877.00
14495.00
14375.00
15513.00
9.42%7.92%Other Liabilities
$36385.00
36565.00
35542.00
488.00
2605.00
1104.00
1544.00
9580.00
8399.00
9084.00
-10.52%8.16%Liabilities (Total)
$62989.00
65014.00
65685.00
68661.00
73231.00
111511.00
115850.00
117459.00
121612.00
131333.00
140340.00
148604.00
166991.00
148428.00
170436.00
8.46%14.83%Treasury Stock
$327.00
159.00
255.00
1448.00
1922.00
1480.00
1944.00
2618.00
3754.00
3644.00
7464.00
5113.00
4400.00
5341.00
4461.00
24.19%-16.48%Retained Earnings
$7511.00
10033.00
13791.00
16644.00
19478.00
23613.00
27474.00
31700.00
36142.00
39337.00
47365.00
48334.00
54810.00
50197.00
56953.00
18.01%13.46%AOCI
$1911.00
2887.00
1152.00
1191.00
-735.00
-314.00
543.00
-2448.00
619.00
2869.00
350.00
-10193.00
-6809.00
-8895.00
-7386.00
16.96%Shareholder's Equity
$24516.00
27531.00
28825.00
29587.00
29135.00
48275.00
51172.00
50312.00
55331.00
59441.00
59714.00
50540.00
63691.00
52987.00
64431.00
8.28%21.60%Liabilities & Equity
$87505.00
92545.00
94510.00
98248.00
102366.00
159786.00
167022.00
167771.00
176943.00
190774.00
200054.00
199144.00
230682.00
201415.00
234867.00
8.41%16.61%Net Income/Loss
$1585.00
2706.00
3758.00
2853.00
2834.00
4135.00
3861.00
3962.00
4454.00
3533.00
8539.00
5313.00
9015.00
1892.00
2294.00
15.59%21.25%Depreciation & Amortization
$
260.00
339.00
305.00
290.00
619.00
474.00
162.00
58.00
Increase/Decrease in Working Capital
$-382.00
-723.00
310.00
-825.00
-201.00
926.00
-1020.00
-1100.00
180.00
-5433.00
-7529.00
-4507.00
-2958.00
-449.00
-1434.00
-219.38%Adjustments to Reconcile Net Income
$1885.00
1289.00
264.00
1643.00
1030.00
1157.00
642.00
1518.00
1888.00
6252.00
2610.00
5930.00
3617.00
359.00
926.00
5.58%157.94%Net Cash (Operating)
$3470.00
3995.00
4022.00
4496.00
3864.00
5292.00
4503.00
5480.00
6342.00
9785.00
11149.00
11243.00
12632.00
2251.00
3220.00
11.37%43.05%Capital Expenditure
$606.00
98.00
977.00
766.00
-264.00
14248.00
29.00
4982.00
34.00
23.00
236.00
-21.34%926.09%Net Cash (Investing)
$-3036.00
-3439.00
-4442.00
-2504.00
-6294.00
-5315.00
-2442.00
-2935.00
-5905.00
-7521.00
-6659.00
-5654.00
-7648.00
-570.00
-3746.00
-557.19%Increase/Decrease in Debt
$-50.00
150.00
947.00
199.00
5224.00
268.00
-361.00
275.00
2529.00
-229.00
1634.00
-1021.00
-32.00
-480.00
1165.00
342.71%Increase/Decrease in Equity
$-62.00
115.00
-152.00
-1302.00
-627.00
167.00
-650.00
-929.00
-1326.00
-378.00
-4561.00
-2630.00
-2199.00
-490.00
-241.00
50.82%Interest Expenses
$234.00
240.00
253.00
264.00
259.00
642.00
644.00
621.00
512.00
524.00
492.00
552.00
553.00
99.00
112.00
7.43%13.13%Dividends Paid
$459.00
815.00
517.00
862.00
862.00
1173.00
1308.00
1337.00
1354.00
1388.00
1401.00
1375.00
1394.00
345.00
349.00
9.70%1.16%Net Cash (Financing)
$-565.00
-550.00
391.00
-1777.00
3695.00
-742.00
-2319.00
-1991.00
-151.00
-2082.00
-4409.00
-5127.00
-4489.00
-1424.00
562.00
139.47%Cash Taxes Paid
$460.00
438.00
218.00
349.00
469.00
662.00
736.00
503.00
912.00
902.00
1298.00
1242.00
1465.00
219.00
89.00
10.13%-59.36%Effect of Exchange Rate
$-27.00
-5.00
-7.00
-139.00
-145.00
-25.00
1.00
-65.00
20.00
8.00
-106.00
-146.00
-1.00
-2.00
-6.00
-200.00%Increase/Decrease in Cash
$-158.00
1.00
-36.00
76.00
1120.00
-790.00
-257.00
489.00
306.00
190.00
-25.00
316.00
494.00
255.00
30.00
-88.24%Cash (Beginning)
$772.00
614.00
615.00
579.00
655.00
1775.00
985.00
851.00
1340.00
1646.00
1836.00
1811.00
2127.00
2127.00
2621.00
8.81%23.23%Cash (Ending)
$614.00
615.00
579.00
655.00
1775.00
985.00
728.00
1340.00
1646.00
1836.00
1811.00
2127.00
2621.00
2382.00
2651.00
12.86%11.29%NOPAT
$1720.63
2574.43
4042.18
3191.69
2884.66
4288.00
3861.00
4154.00
4337.00
3260.00
8518.00
5326.00
8061.00
2057.00
2547.00
13.73%23.82%Operating Margin %
12.42%
16.59%
22.00%
18.19%
17.36%
15.73%
11.54%
14.23%
15.35%
11.56%
23.96%
15.22%
19.15%
20.58%
20.44%
NOPAT Margin %
10.22%
14.35%
20.99%
16.65%
15.19%
13.63%
11.97%
12.70%
12.69%
9.06%
20.79%
12.34%
16.21%
18.60%
19.75%
Net Margin %
9.42%
15.09%
19.51%
14.88%
14.93%
13.14%
11.97%
12.11%
13.03%
9.82%
20.85%
12.31%
18.15%
17.11%
16.62%
Tax Rate %
17.71%
13.49%
4.62%
8.47%
12.48%
13.37%
-3.73%
10.80%
17.37%
21.67%
13.22%
18.91%
15.38%
9.62%
3.38%
ROA
1.97%
2.78%
4.28%
3.25%
2.82%
2.68%
2.31%
2.48%
2.45%
1.71%
4.26%
2.67%
3.49%
1.02%
1.08%
ROE
7.02%
9.35%
14.02%
10.79%
9.90%
8.88%
7.55%
8.26%
7.84%
5.48%
14.26%
10.54%
12.66%
3.88%
3.95%
ROIC
163.40%
508.45%
899.07%
323.03%
18.30%
17.11%
18.66%
20.19%
16.82%
45.69%
26.52%
23.62%
7.26%
7.64%
Asset Turnover
0.19
0.19
0.20
0.20
0.19
0.20
0.19
0.20
0.19
0.19
0.20
0.22
0.22
0.05
0.05
Equity Multiplier
3.57
3.36
3.28
3.32
3.51
3.31
3.26
3.33
3.20
3.21
3.35
3.94
3.62
3.80
3.65
Current Ratio
1.40
1.03
1.10
1.02
2.83
1.42
1.29
1.31
1.24
1.18
1.31
1.23
2.45
2.89
2.40
Quick Ratio
1.40
1.03
1.10
1.02
2.83
1.42
1.29
1.31
1.24
1.18
1.31
1.23
2.45
2.89
2.40
Debt/Equity Ratio
0.25
0.24
0.27
0.30
0.33
0.29
0.27
0.27
0.30
0.25
0.29
0.30
0.25
0.27
0.28
Interest Coverage Ratio
8.94
12.40
16.75
13.21
12.73
7.71
5.78
7.50
10.25
7.94
19.95
11.90
17.23
22.99
23.54
Working Capital/Sales
0.06
-0.03
0.04
0.02
0.05
0.04
0.02
0.03
0.00
-0.05
-0.05
-0.04
0.15
0.61
0.54
Dividend Payout Ratio %
26.68%
31.66%
12.79%
27.01%
29.88%
27.36%
33.88%
32.19%
31.22%
42.58%
16.45%
25.82%
17.29%
16.77%
13.70%
Total Payout
$805.00
790.00
-25.00
2229.00
-3476.00
1380.00
2963.00
2612.00
663.00
2519.00
4820.00
5578.00
4178.00
1414.00
-463.00
14.71%-132.74%Payout Ratio %
46.79%
30.69%
-0.62%
69.84%
-120.50%
32.18%
76.74%
62.88%
15.29%
77.27%
56.59%
104.73%
51.83%
68.74%
-18.18%