Chubb Limited (CB) financial statements (2022 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)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments9,58710,1196,6405,0334,2894,01212,248
Cash and cash equivalents1,6591,7471,5371,2477289851,775
Short-term investments7,9288,3725,1033,7863,5613,02710,473
Total current assets:9,58710,1196,6405,0334,2894,01212,248
Noncurrent Assets
Operating lease, right-of-use asset445473551
Property, plant and equipment2,0002,0001,9001,7001,3001,200 
Long-term investments and receivables14,29910,7587,3945,9555,3345,1853,944
Long-term investments14,29910,7587,3945,9555,3345,1853,944
Intangible assets, net (including goodwill), including:20,66821,21121,35921,41422,05422,0955,683
Goodwill15,21315,40015,29615,27115,54115,3324,796
Intangible assets, net (excluding goodwill)5,4555,8116,0636,1436,5136,7631,774
Other undisclosed intangible assets, net (including goodwill)      (887)
Deferred costs    271256 
Total noncurrent assets:37,41234,44231,20429,06928,95928,7369,627
Other undisclosed assets153,055146,213139,099133,669133,774127,03880,491
TOTAL ASSETS:200,054190,774176,943167,771167,022159,786102,366
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt9991,4051,2995091,0135001,404
Total current liabilities:9991,4051,2995091,0135001,404
Noncurrent Liabilities
Liabilities, other than long-term debt389892804    
Deferred income tax liabilities389892804
Total noncurrent liabilities:389892804    
Other undisclosed liabilities138,952129,036119,509116,950114,837111,01171,827
Total liabilities:140,340131,333121,612117,459115,850111,51173,231
Stockholders' equity
Stockholders' equity attributable to parent59,71459,44155,33150,31251,17248,27529,135
Common stock10,98511,06411,12111,12111,12111,1217,833
Treasury stock, value(7,464)(3,644)(3,754)(2,618)(1,944)(1,480)(1,922)
Additional paid in capital8,4789,81511,20312,55713,97815,3354,481
Accumulated other comprehensive income (loss)3502,869619(2,448)543(314)(735)
Retained earnings47,36539,33736,14231,70027,47423,61319,478
Total stockholders' equity:59,71459,44155,33150,31251,17248,27529,135
TOTAL LIABILITIES AND EQUITY:200,054190,774176,943167,771167,022159,786102,366

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues40,96335,99434,18632,71732,24331,46918,987
Premiums earned, net36,35533,11731,29030,064
Financial services revenue29,03428,74917,213
Cost of revenue(29,597)(29,041)(25,623)(24,569)(24,911)(22,544)(12,968)
Policyholder benefits and claims incurred, net(21,980)(21,710)(18,730)(18,067)
Deferred policy acquisition costs, amortization expense(6,918)(6,547)(6,153)(5,912)(5,781)(5,904)(2,941)
Financial services costs(18,454)(16,052)(9,484)
Gross profit:11,3666,9538,5638,1487,3328,9256,019
Operating expenses(3,423)(3,269)(3,358)(3,284)(3,403)(3,592)(2,474)
Other operating income, net2,365994596434400222 
Operating income:10,3084,6785,8015,2984,3295,5553,545
Nonoperating income
(Other Nonoperating income)
      51
Interest and debt expense(492)(516)(552)(641)(607)(605)(300)
Net income:9,8164,1625,2494,6573,7224,9503,296
Other undisclosed net income (loss) attributable to parent(1,277)(629)(795)(695)139(815)(462)
Net income available to common stockholders, diluted:8,5393,5334,4543,9623,8614,1352,834

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income:9,8164,1625,2494,6573,7224,9503,296
Other comprehensive income (loss)(2,519)2,2503,067(2,720)857421(1,926)
Other undisclosed comprehensive income (loss) (629)(795)(695)139(815)(462)
Comprehensive income:7,2975,7837,5211,2424,7184,556908
Other undisclosed comprehensive loss, net of tax, attributable to parent(1,277)      
Comprehensive income, net of tax, attributable to parent:6,0205,7837,5211,2424,7184,556908

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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