What is Chubb's segment life — underwriting income (loss)?

Chubb (CB) reported segment life — underwriting income (loss) of $5.00M in Q3 2024.

How has Chubb's segment life — underwriting income (loss) changed year-over-year?

Chubb's segment life — underwriting income (loss) decreased by 91.8% year-over-year, from $61.00M to $5.00M.

What is the long-term trend for Chubb's segment life — underwriting income (loss)?

Over 2 years (2021 to 2023), Chubb's segment life — underwriting income (loss) has grown at a 59.1% compound annual growth rate (CAGR), from -$83.00M to $210.00M.

What does segment life — underwriting income (loss) mean?

The profit or loss generated specifically from insurance underwriting activities before accounting for investment returns.

Discontinued — last reported Q3 '24

Business Segments · Underwriting Income (Loss)

Segment Life — Underwriting Income (Loss)

Chubb Segment Life — Underwriting Income (Loss) increased by 266.7% to $5.00M in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 91.8%, from $61.00M to $5.00M. Over 2 years (FY 2021 to FY 2023), Segment Life — Underwriting Income (Loss) shows an upward trend with a 59.1% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment

CategoryProfitability

SignalHigher is better

VolatilityModerate

First reportedQ3 2015

Last reportedQ3 2024Oct 30, 2024

Rolls up toUnderwriting fees

How to read this metric

Higher underwriting income indicates effective risk selection and pricing strategies, whereas a loss suggests inadequate pricing or higher-than-expected claim costs.

Detailed definition

This metric measures the core profitability of the life insurance segment by subtracting insurance-related expenses and...

Peer comparison

Comparable to 'Underwriting Profit' or 'Insurance Service Result' reported by global life and health insurance peers.

Metric ID: cb_segment_segment_life_underwriting_income_loss

Historical Data

14 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
Value	-$24.00M	-$15.00M	-$17.00M	-$10.00M	-$12.00M	$111.00M	$43.00M	$80.00M	$69.00M	$61.00M	$0.00	$8.00M	-$3.00M	$5.00M
QoQ Change	—	+37.5%	-13.3%	+41.2%	-20.0%	>999%	-61.3%	+86.0%	-13.8%	-11.6%	-100.0%	—	-137.5%	+266.7%
YoY Change	—	—	—	—	+50.0%	+840.0%	+352.9%	+900.0%	+675.0%	-45.0%	-100.0%	-90.0%	-104.3%	-91.8%

Range-$24.00M – $111.00M

CAGR-38.3%

Avg YoY Growth+238.7%

Median YoY Growth+2.5%

Similar Metrics at Other Companies

Arch Capital GroupACGL View metric

Cincinnati FinancialCINF View metric

Frequently Asked Questions

What is Chubb's segment life — underwriting income (loss)?: Chubb (CB) reported segment life — underwriting income (loss) of $5.00M in Q3 2024.
How has Chubb's segment life — underwriting income (loss) changed year-over-year?: Chubb's segment life — underwriting income (loss) decreased by 91.8% year-over-year, from $61.00M to $5.00M.
What is the long-term trend for Chubb's segment life — underwriting income (loss)?: Over 2 years (2021 to 2023), Chubb's segment life — underwriting income (loss) has grown at a 59.1% compound annual growth rate (CAGR), from -$83.00M to $210.00M.
What does segment life — underwriting income (loss) mean?: The profit or loss generated specifically from insurance underwriting activities before accounting for investment returns.