What is Chubb's net liability for future policy benefits?

Chubb (CB) reported net liability for future policy benefits of $12.01B in Q3 2023.

How has Chubb's net liability for future policy benefits changed year-over-year?

Chubb's net liability for future policy benefits increased by 31.2% year-over-year, from $9.15B to $12.01B.

Discontinued — last reported Q3 '23

Segment Life$14.76B+10.5%

Other Segments$1.5B+4.1%

Revenue$14.8B+10.6%

Net income$2.9B-3.8%

EPS (diluted)$7.30-0.7%

Cash & equivalents$2.8B+16.1%

Total debt$18.7B+19.2%

Total equity$80.8B+16.5%

Total assets$281.32B+7.6%

Operating cash flow$3.9B+152%

Market cap$139.53B+31.6%

P/E12.5×+0.9×

Net margin18.6%+3.5pp

Return on equity14.9%+0.8pp

Debt / equity0.3×0.0×

Reported directly by Chubb in its filing.

Tagged under the XBRL concept cb:LiabilityForFuturePolicyBenefitBeforeReinsuranceAndDeferredProfitLiability.

The official record: Chubb’s 10-Q, filed November 1, 2023, on SEC EDGAR. View the filing →

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What is Chubb's net liability for future policy benefits?: Chubb (CB) reported net liability for future policy benefits of $12.01B in Q3 2023.
How has Chubb's net liability for future policy benefits changed year-over-year?: Chubb's net liability for future policy benefits increased by 31.2% year-over-year, from $9.15B to $12.01B.