Chubb Policy benefits (includes remeasurement gains (losses) of $59, $(2), and $19) increased by 22.7% to $1.79B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 45.5%, from $1.23B to $1.79B. Over 4 years (FY 2021 to FY 2025), Policy benefits (includes remeasurement gains (losses) of $59, $(2), and $19) shows an upward trend with a 33.1% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase in this expense may reflect higher expected future claims or changes in actuarial assumptions regarding long-term liabilities.
The periodic expense recognized to account for the expected future obligations to policyholders, including adjustments f...
Standard for life and long-term care insurers; peers are compared based on the adequacy of their reserves.
other_liability_for_future_policy_benefits_period_expense| 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 | $185.00M | $151.00M | $1.24B | $373.00M | $361.00M | $707.00M | $873.00M | $797.00M | $830.00M | $938.00M | $1.06B | $1.18B | $1.22B | $1.10B | $1.22B | $1.23B | $1.41B | $1.37B | $1.46B | $1.79B |
| QoQ Change | — | -18.4% | +719.2% | -69.8% | -3.2% | +95.8% | +23.5% | -8.7% | +4.1% | +13.0% | +13.3% | +11.0% | +3.3% | -9.8% | +10.6% | +0.9% | +14.6% | -2.4% | +6.0% | +22.7% |
| YoY Change | — | — | — | — | +95.1% | +368.2% | -29.4% | +113.7% | +129.9% | +32.7% | +21.8% | +48.1% | +46.9% | +17.2% | +14.4% | +4.0% | +15.3% | +24.8% | +19.7% | +45.5% |
| Segment | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 |
|---|---|---|---|---|---|---|---|---|
| Segment Life | — | $712.00M | $705.00M | $866.00M | — | $1.07B | $1.03B | $989.00M |
| Segment Measure Reconciling Items | — | — | — | -$19.00M | — | $10.00M | $96.00M | -$10.00M |
| North America Commercial P&C Insurance | — | — | — | $0.00 | — | $0.00 | $0.00 | $0.00 |
| Segment Global Reinsurance | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Segment Insurance North American Agriculture | — | $0.00 | $0.00 | $0.00 | — | $0.00 | $0.00 | $0.00 |
| Total | $873.00M | $797.00M | $830.00M | $938.00M | $1.06B | $1.18B | $1.22B | $1.10B |
North America Commercial P&C Insurance, Segment Global Reinsurance, Segment Insurance North American Agriculture, Segment Life, Segment Measure Reconciling Items were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.