Discontinued — last reported Q2 '23
Segment North America Commercial PC Insurance — Administrative expenses
Chubb Segment North America Commercial PC Insurance — Administrative expenses increased by 7.1% to $316.00M in Q2 2023 compared to the prior quarter. Year-over-year, this metric grew by 13.6%, from $278.25M to $316.00M. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
Decreasing administrative expenses relative to net premiums earned indicates improved operational leverage and cost discipline, while rising expenses may signal scaling investments or inflationary pressures.
Detailed definition
This metric captures the general operating and overhead costs required to support the North American commercial property...
Peer comparison
Comparable to 'General and Administrative Expenses' or 'Operating Expenses' reported by peer P&C insurance companies.
cb_segment_north_america_commercial_p_c_insurance_administrative_expensesHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | |
|---|---|---|---|---|---|---|---|---|---|
| Value | $263.00M | $263.00M | $263.00M | $278.25M | $278.25M | $278.25M | $278.25M | $295.00M | $316.00M |
| QoQ Change | — | +0.0% | +0.0% | +5.8% | +0.0% | +0.0% | +0.0% | +6.0% | +7.1% |
| YoY Change | — | — | — | — | +5.8% | +5.8% | +5.8% | +6.0% | +13.6% |
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Frequently Asked Questions
- What is Chubb's segment north america commercial pc insurance — administrative expenses?
- Chubb (CB) reported segment north america commercial pc insurance — administrative expenses of $316.00M in Q2 2023.
- How has Chubb's segment north america commercial pc insurance — administrative expenses changed year-over-year?
- Chubb's segment north america commercial pc insurance — administrative expenses increased by 13.6% year-over-year, from $278.25M to $316.00M.
- What does segment north america commercial pc insurance — administrative expenses mean?
- The general operating and overhead costs required to run the commercial insurance segment.