Discontinued — last reported Q3 '23
Products & Services · Future policy benefits
Accident and Health Insurance Product Line — Future policy benefits
Chubb Accident and Health Insurance Product Line — Future policy benefits decreased by 4.1% to $4.79B in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 5.5%, from $5.07B to $4.79B.
Analysis
StatementSegment
CategoryRisk
SignalContext dependent
VolatilityStable
First reportedQ4 2020
Last reportedQ3 2023
Rolls up toFuture policy benefits
How to read this metric
An increase typically reflects growth in the underlying insurance portfolio or changes in long-term actuarial projections, while a decrease may signal portfolio runoff or improved mortality/morbidity experience.
Detailed definition
This metric represents the total estimated liability for future insurance benefits that the company expects to pay to po...
Peer comparison
Comparable to 'Liability for future policy benefits' or 'Insurance contract liabilities' reported by major life and health insurance companies.
Metric ID:
cb_segment_accident_and_health_future_policy_benefitsHistorical Data
6 periods
| Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | |
|---|---|---|---|---|---|---|
| Value | $3.19B | $2.97B | $5.07B | $6.20B | $4.99B | $4.79B |
| QoQ Change | — | -7.0% | +70.7% | +22.4% | -19.5% | -4.1% |
| YoY Change | — | — | — | +94.3% | +68.1% | -5.5% |
Range$2.97B – $6.20B
CAGR+38.3%
Avg YoY Growth+52.3%
Median YoY Growth+68.1%
Current Streak2 quarters decline
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Frequently Asked Questions
- What is Chubb's accident and health insurance product line — future policy benefits?
- Chubb (CB) reported accident and health insurance product line — future policy benefits of $4.79B in Q3 2023.
- How has Chubb's accident and health insurance product line — future policy benefits changed year-over-year?
- Chubb's accident and health insurance product line — future policy benefits decreased by 5.5% year-over-year, from $5.07B to $4.79B.
- What does accident and health insurance product line — future policy benefits mean?
- The total amount of money the company expects to pay out for future claims and benefits on long-term accident and health insurance policies.