Business Segments · Net liability for future policy benefits

Segment Life — Net liability for future policy benefits

Chubb Segment Life — Net liability for future policy benefits increased by 2.7% to $14.76B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 10.5%, from $13.35B to $14.76B. Over 2 years (FY 2023 to FY 2025), Segment Life — Net liability for future policy benefits shows an upward trend with a 19.1% CAGR.

Analysis

StatementSegment
CategoryRisk
SignalContext dependent
VolatilityStable
First reportedQ4 2021
Last reportedQ1 2026Apr 28, 2026

How to read this metric

An increase suggests a growing book of business or a change in actuarial assumptions requiring higher reserves, while a decrease may indicate a shrinking portfolio or improved mortality experience.

Detailed definition

The estimated present value of future obligations to policyholders, net of expected future premiums. This reflects the l...

Peer comparison

Standard liability metric across life insurance companies, often referred to as 'Policy Reserves' or 'Future Policy Benefits'.

Metric ID: cb_segment_life_insurance_net_liability_for_future_policy_benefits

Historical Data

15 periods
 Q4 '21Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$6.07B$8.46B$8.70B$8.85B$10.80B$11.43B$11.88B$11.87B$12.99B$12.96B$13.35B$14.34B$14.40B$14.37B$14.76B
QoQ Change+39.3%+2.9%+1.6%+22.1%+5.8%+3.9%-0.0%+9.5%-0.3%+3.0%+7.4%+0.4%-0.2%+2.7%
YoY Change+39.3%+35.1%+36.4%+34.2%+20.3%+13.4%+12.4%+20.8%+10.8%+10.9%+10.5%
Range$6.07B$14.76B
CAGR+28.9%
Avg YoY Growth+22.2%
Median YoY Growth+20.3%

Frequently Asked Questions

What is Chubb's segment life — net liability for future policy benefits?
Chubb (CB) reported segment life — net liability for future policy benefits of $14.76B in Q1 2026.
How has Chubb's segment life — net liability for future policy benefits changed year-over-year?
Chubb's segment life — net liability for future policy benefits increased by 10.5% year-over-year, from $13.35B to $14.76B.
What is the long-term trend for Chubb's segment life — net liability for future policy benefits?
Over 2 years (2023 to 2025), Chubb's segment life — net liability for future policy benefits has grown at a 19.1% compound annual growth rate (CAGR), from $39.78B to $56.46B.
What does segment life — net liability for future policy benefits mean?
The total estimated amount the company expects to pay out for future life insurance claims, adjusted for expected future premium income.