Liability for Claims and Claims Adjustment Expense
Chubb Liability for Claims and Claims Adjustment Expense increased by 1.0% to $88.92B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 4.0%, from $85.47B to $88.92B. Over 5 years (FY 2020 to FY 2025), Liability for Claims and Claims Adjustment Expense shows an upward trend with a 5.5% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase reflects higher claim activity or more conservative reserve estimates, while a decrease may indicate favorable loss development or reduced business volume.
Detailed definition
This liability represents the estimated ultimate cost of settling all reported and unreported insurance claims incurred...
Peer comparison
A core metric for property and casualty insurers; essential for assessing underwriting discipline and reserve adequacy.
current_liabilities_liability_for_claims_and_claims_adju_7e9431Historical Data
| 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 | $70.29B | $72.63B | $72.33B | $73.2B | $73.45B | $75.34B | $75.75B | $75.42B | $76.48B | $79.71B | $80.12B | $80.34B | $82.19B | $84.33B | $84B | $85.47B | $86.38B | $88.44B | $88.02B | $88.92B |
| QoQ Change | — | +3.3% | -0.4% | +1.2% | +0.3% | +2.6% | +0.5% | -0.4% | +1.4% | +4.2% | +0.5% | +0.3% | +2.3% | +2.6% | -0.4% | +1.7% | +1.1% | +2.4% | -0.5% | +1.0% |
| YoY Change | — | — | — | — | +4.5% | +3.7% | +4.7% | +3.0% | +4.1% | +5.8% | +5.8% | +6.5% | +7.5% | +5.8% | +4.8% | +6.4% | +5.1% | +4.9% | +4.8% | +4.0% |
Product Breakdown
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Boy Scouts of America Agreement in Principle | $82.19B | $84.33B | $84B | $85.47B | $86.38B | $88.44B | $88.02B | $88.92B |
| Total | $82.19B | $84.33B | $84B | $85.47B | $86.38B | $88.44B | $88.02B | $88.92B |
Boy Scouts of America Agreement in Principle was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.
Liability for Claims and Claims Adjustment Expense at Other Companies
Frequently Asked Questions
- What is Chubb's liability for claims and claims adjustment expense?
- Chubb (CB) reported liability for claims and claims adjustment expense of $88.92B in Q1 2026.
- How has Chubb's liability for claims and claims adjustment expense changed year-over-year?
- Chubb's liability for claims and claims adjustment expense increased by 4.0% year-over-year, from $85.47B to $88.92B.
- What is the long-term trend for Chubb's liability for claims and claims adjustment expense?
- Over 5 years (2020 to 2025), Chubb's liability for claims and claims adjustment expense has grown at a 5.5% compound annual growth rate (CAGR), from $67.19B to $88.02B.
- What does liability for claims and claims adjustment expense mean?
- The estimated amount the company expects to pay for insurance claims that have already occurred.