Business Segments · Net Prior Period Development
Global Reinsurance — Net Prior Period Development
Chubb Global Reinsurance — Net Prior Period Development increased by 100.0% to $0.00 in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 100.0%, from -$5.00M to $0.00. Over 4 years (FY 2021 to FY 2025), Global Reinsurance — Net Prior Period Development shows a downward trend with a 7.5% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementSegment
CategoryProfitability
SignalLower is better
VolatilityModerate
First reportedQ1 2016
Last reportedQ1 2026Apr 28, 2026
How to read this metric
Negative values represent a release of reserves, which boosts current period earnings.
Detailed definition
Represents the total net change in the liability for unpaid claims and claim adjustment expenses for events occurring in...
Peer comparison
Standard industry metric for evaluating reserve adequacy.
Metric ID:
cb_segment_global_reinsurance_net_prior_period_developmentHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$22.00M | -$4.00M | $54.00M | -$3.00M | $32.00M | $0.00 | $0.00 | -$8.00M | -$24.00M | $0.00 | -$3.00M | $1.00M | -$21.00M | -$5.00M | -$5.00M | -$5.00M | -$15.00M | $0.00 | -$8.00M | $0.00 |
| QoQ Change | — | +81.8% | >999% | -105.6% | >999% | -100.0% | — | — | -200.0% | +100.0% | — | +133.3% | <-999% | +76.2% | +0.0% | +0.0% | -200.0% | +100.0% | — | +100.0% |
| YoY Change | — | — | — | — | +245.5% | +100.0% | -100.0% | -166.7% | -175.0% | — | — | +112.5% | +12.5% | — | -66.7% | -600.0% | +28.6% | +100.0% | -60.0% | +100.0% |
Range-$24.00M – $54.00M
CAGR-100.0%
Avg YoY Growth-36.1%
Median YoY Growth+12.5%
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Frequently Asked Questions
- What is Chubb's global reinsurance — net prior period development?
- Chubb (CB) reported global reinsurance — net prior period development of $0.00 in Q1 2026.
- How has Chubb's global reinsurance — net prior period development changed year-over-year?
- Chubb's global reinsurance — net prior period development increased by 100.0% year-over-year, from -$5.00M to $0.00.
- What is the long-term trend for Chubb's global reinsurance — net prior period development?
- Over 4 years (2021 to 2025), Chubb's global reinsurance — net prior period development has grown at a 7.5% compound annual growth rate (CAGR), from $21.00M to -$28.00M.
- What does global reinsurance — net prior period development mean?
- The net financial impact of updating past claim estimates.