Discontinued — last reported Q3 '23
Insurance Liabilities and Annuity Benefits
Chubb Insurance Liabilities and Annuity Benefits increased by 15.7% to $25.53B in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 22.6%, from $20.81B to $25.53B.
Analysis
How to read this metric
Growth in these liabilities typically tracks with the growth of the long-term insurance and annuity book of business.
Detailed definition
This encompasses the long-term obligations related to insurance contracts and annuity benefits, including future policy...
Peer comparison
Standard for insurers with life or annuity segments; peers with similar product mixes will have comparable liability structures.
ins_insurance_and_annuity_liabilitiesHistorical Data
| Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|
| Value | $10.78B | $10.13B | $9.05B | $20.81B | $21.92B | $21.78B | $22.07B | $25.53B |
| QoQ Change | — | -6.0% | -10.7% | +130.1% | +5.3% | -0.6% | +1.3% | +15.7% |
| YoY Change | — | — | — | — | +103.4% | +115.0% | +144.0% | +22.6% |
Product Breakdown
| Segment | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 |
|---|---|---|---|---|---|---|
| Accident and Health Insurance Product Line | $3.10B | $2.87B | $4.93B | $6.10B | $4.83B | $4.65B |
| Total | $10.13B | $9.05B | $20.81B | $21.78B | $22.07B | $25.53B |
Accident and Health Insurance Product Line was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.
Business Segments
| Segment | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Segment Life | $28.62B | $28.54B | $31.06B | $30.64B | $31.48B | $33.52B | $33.36B | $33.29B |
| Total | — | — | — | — | — | — | — | — |
Insurance Liabilities and Annuity Benefits at Other Companies
Frequently Asked Questions
- What is Chubb's insurance liabilities and annuity benefits?
- Chubb (CB) reported insurance liabilities and annuity benefits of $25.53B in Q3 2023.
- How has Chubb's insurance liabilities and annuity benefits changed year-over-year?
- Chubb's insurance liabilities and annuity benefits increased by 22.6% year-over-year, from $20.81B to $25.53B.
- What does insurance liabilities and annuity benefits mean?
- The total long-term financial obligations the company owes to its policyholders for future benefits and claims.