Chubb Limited (CB) financial statements (2021 and earlier)

Company profile

Business Address BARENGASSE 32
ZURICH, CH-8001
State of Incorp.
Fiscal Year End December 31
SIC 6331 - Fire, Marine, and Casualty Insurance (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments10,1199,4557,9547,1666,6404,3135,078
Cash and cash equivalents1,7471,7071,5571,5121,5371,4781,270
Short-term investments8,3727,7486,3975,6545,1032,8353,808
Restricted cash and investments 577523496 447519
Total current assets:10,11910,0328,4777,6626,6404,7605,597
Noncurrent Assets
Operating lease, right-of-use asset473470483509551577 
Property, plant and equipment2,000   1,900  
Long-term investments and receivables10,7586,7965,9236,0757,3947,0197,018
Long-term investments10,7586,7965,9236,0757,3947,0197,018
Intangible assets, net (including goodwill)21,21121,10321,09320,87321,35921,37821,566
Goodwill15,40015,25415,18414,97115,29615,23015,300
Intangible assets, net (excluding goodwill)5,8115,8495,9095,9026,0636,1486,266
Total noncurrent assets:34,44228,36927,49927,45731,20428,97428,584
Other undisclosed assets146,213149,385145,498138,008139,099141,414140,335
TOTAL ASSETS:190,774187,786181,474173,127176,943175,148174,516
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt1,4051,3001,3001,3001,299109
Total current liabilities:1,4051,3001,3001,3001,299109
Noncurrent Liabilities
Liabilities, other than long-term debt892815696474804766 
Deferred income tax liabilities892815696474804766 
Total noncurrent liabilities:892815696474804766 
Other undisclosed liabilities129,036129,258124,718119,156119,509119,800120,705
Total liabilities:131,333131,373126,714120,930121,612120,576120,714
Stockholders' equity
Stockholders' equity attributable to parent59,44156,41354,76052,19755,33154,57253,802
Common stock11,06411,06411,12111,12111,12111,12111,121
Treasury stock, value(3,644)(3,541)(3,866)(3,872)(3,754)(3,504)(3,093)
Additional paid in capital9,81510,11510,41610,71011,20311,46511,757
Accumulated other comprehensive income (loss)2,8691,8561,098(2,093)619521139
Retained earnings39,33736,91935,99136,33136,14234,96933,878
Total stockholders' equity:59,44156,41354,76052,19755,33154,57253,802
TOTAL LIABILITIES AND EQUITY:190,774187,786181,474173,127176,943175,148174,516

Income statement (P&L) ($ in millions)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
Revenues9,8489,4648,9857,6978,7389,0458,527
Premiums earned, net    31,290  
Cost of revenue(6,741)(7,678)(8,393)(6,229)(6,632)(6,813)(6,420)
Policyholder benefits and claims incurred, net(4,813)(5,835)(6,577)(4,485)(4,865)(5,052)(4,715)
Deferred policy acquisition costs, amortization expense(1,694)(1,645)(1,593)(1,615)(1,542)(1,603)(1,544)
Gross profit:3,1071,7865921,4682,1062,2322,107
Operating expenses(851)(805)(799)(814)(900)(830)(839)
Other operating income (expense), net622485(58)(55)27057230
Operating income (loss):2,8781,466(265)5991,4761,4591,498
Other undisclosed loss from continuing operations before equity method investments, income taxes(516)   (552)  
Income (loss) from continuing operations before equity method investments, income taxes:2,3621,466(265)5999241,4591,498
Other undisclosed income (loss) from continuing operations before income taxes390(130)(128)(132)418(138)(140)
Income (loss) from continuing operations before income taxes:2,7521,336(393)4671,3421,3211,358
Income tax expense (benefit)295(142)62(215)626(230)(208)
Net income (loss):3,0471,194(331)2521,9681,0911,150
Other undisclosed net loss attributable to parent(629)   (795)  
Net income (loss) available to common stockholders, diluted:2,4181,194(331)2521,1731,0911,150

Comprehensive Income ($ in millions)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
Net income (loss):3,0471,194(331)2521,9681,0911,150
Other comprehensive income (loss)1,0137583,191(2,712)98382909
Other undisclosed comprehensive loss(629)   (795)  
Comprehensive income (loss), net of tax, attributable to parent:3,4311,9522,860(2,460)1,2711,4732,059

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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