Discontinued — last reported Q3 '24
Chubb Segment Measure Reconciling Items — Losses and loss expenses increased by 66.7% to -$1.00M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 85.7%, from -$7.00M to -$1.00M. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase may signal higher-than-expected corporate-level reserve strengthening or non-allocated claims costs that fall outside of standard segment operations.
This represents losses and loss adjustment expenses that are not attributed to specific operating segments and are inste...
Commonly seen in large insurers where corporate-level reserve adjustments are separated from the underwriting results of specific business units.
cb_segment_segment_measure_reconciling_items_losses_and_loss_expenses| Q2 '21 | Q3 '21 | Q4 '21 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$2.00M | -$2.00M | -$2.00M | -$19.00M | -$1.00M | $5.00M | -$7.00M | -$2.00M | -$1.00M | -$3.00M | -$1.00M |
| QoQ Change | — | +0.0% | +0.0% | -850.0% | +94.7% | +600.0% | -240.0% | +71.4% | +50.0% | -200.0% | +66.7% |
| YoY Change | — | — | — | -850.0% | — | — | +63.2% | — | +0.0% | -160.0% | +85.7% |