Discontinued — last reported Q3 '23
Other
Net liability for future policy benefits
Chubb Net liability for future policy benefits increased by 19.6% to $12.01B in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 31.2%, from $9.15B to $12.01B.
Analysis
StatementBalance Sheet Statement
SectionOther
First reportedQ1 2022
Last reportedQ3 2023Nov 1, 2023
Metric ID:
other_liability_for_future_policy_benefit_before_reinsur_f2a005Historical Data
6 periods
| Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | |
|---|---|---|---|---|---|---|
| Value | $6.78B | $6.06B | $9.15B | $9.85B | $10.04B | $12.01B |
| QoQ Change | — | -10.5% | +50.9% | +7.6% | +2.0% | +19.6% |
| YoY Change | — | — | — | +45.2% | +65.5% | +31.2% |
Range$6.06B – $12.01B
CAGR+58.0%
Avg YoY Growth+47.3%
Median YoY Growth+45.2%
Current Streak4 quarters growth
Product Breakdown
| Segment | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 |
|---|---|---|---|---|---|---|
| Accident and Health Insurance Product Line | $3.1B | $2.87B | $4.95B | $6.04B | $4.84B | $4.63B |
| Total | $6.78B | $6.06B | $9.15B | $9.85B | $10.04B | $12.01B |
Accident and Health Insurance Product Line was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Segment Life | $11.87B | $12.99B | $12.96B | $13.35B | $14.34B | $14.4B | — | $14.76B |
| Other Segments | — | — | $1.44B | — | — | — | $1.5B | — |
| Total | — | — | — | — | — | — | — | — |
Frequently Asked Questions
- 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.