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.
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.
The estimated present value of future obligations to policyholders, net of expected future premiums. This reflects the l...
Standard liability metric across life insurance companies, often referred to as 'Policy Reserves' or 'Future Policy Benefits'.
cb_segment_life_insurance_net_liability_for_future_policy_benefits| Q4 '21 | 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 | $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% |