Chubb ltd (CB)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08Dec'07
Revenues
Net premiums written

32,275

30,579

29,244

28,145

17,713

17,799

17,025

16,075

15,372

13,708

13,299

13,080

11,979

Increase in unearned premiums

-985

-515

-210

604

-500

-373

-412

398

-15

204

59

-123

-318

Premiums Earned, Net

31,290

30,064

29,034

28,749

17,213

17,426

16,613

15,677

15,387

13,504

13,240

13,203

12,297

Net investment income

3,426

3,305

3,125

2,865

2,194

2,252

2,144

2,181

2,242

2,070

2,031

2,062

1,918

Net realized gains (losses):
Other-than-temporary impairment (OTTI) losses gross

90

52

46

111

151

75

22

38

65

128

699

1,064

141

Portion of OTTI losses recognized in other comprehensive income (OCI)

32

3

1

8

39

7

-

-1

-15

-69

302

0

0

Net OTTI losses recognized in income

58

49

45

103

112

68

22

37

50

59

397

-1,064

-141

Net Realized Gains Losses

-530

-652

84

-145

-420

-507

504

78

-795

432

-196

-1,633

-61

Net realized gains (losses) excluding OTTI losses

-472

-603

129

-42

-308

-439

526

115

-745

491

201

-569

80

Total revenues

34,186

32,717

32,243

31,469

18,987

19,171

19,261

17,936

16,834

16,006

15,075

13,632

14,154

Expenses
Losses and loss expenses

18,730

18,067

18,454

16,052

9,484

9,649

9,348

9,653

9,520

7,579

7,422

7,603

7,351

Policy benefits

740

590

676

588

543

517

515

521

401

357

325

399

168

Policy acquisition costs

6,153

5,912

5,781

5,904

2,941

3,075

2,659

2,446

2,472

2,345

2,130

2,135

1,771

Administrative expenses

3,030

2,886

2,833

3,081

2,270

2,245

2,211

2,096

2,068

1,873

1,811

1,737

1,455

Interest Income (Expense), Net

552

641

607

605

300

280

275

250

250

224

225

230

175

Other (income) expense

596

434

400

222

51

190

80

6

-81

10

-85

39

-81

Amortization of purchased intangibles

305

339

260

19

171

108

95

-

-

-

-

-

-

Chubb integration expenses

23

59

310

492

33

0

0

-

-

-

-

-

-

Total expenses

28,937

28,060

28,521

26,519

15,691

15,684

15,023

14,960

14,792

12,368

11,998

12,065

11,001

Income before income tax

5,249

4,657

3,722

4,950

3,296

3,487

4,238

2,976

2,042

3,638

3,077

1,567

3,153

Income Tax Expense (Benefit)

795

695

-139

815

462

634

480

270

502

553

528

370

575

Net Income (Loss) Attributable to Parent

4,454

3,962

3,861

4,135

2,834

2,853

3,758

2,706

1,540

3,085

2,549

1,197

2,578

Other comprehensive income (loss)
Unrealized appreciation (depreciation)

3,704

-2,298

618

-35

-1,280

820

-1,762

1,350

646

1,526

2,712

-3,948

-3

Reclassification adjustment for net realized (gains) losses included in net income

-31

-302

-15

-119

-151

-24

105

234

173

-632

-75

-1,189

-27

Unrealized appreciation (Depreciation) after reclassification adjustment

3,735

-1,996

633

84

-1,129

844

-1,867

1,116

473

894

2,787

-2,759

24

Change in:
Cumulative foreign currency translation adjustment

13

-802

471

-154

-958

-632

-339

116

-5

-7

568

-590

105

Postretirement benefit liability adjustment

76

321

16

-545

-15

-2

-

35

-8

-11

48

-23

4

Other comprehensive income (loss), before income tax

3,672

-3,119

1,088

475

-2,072

214

-2,206

1,197

476

898

3,307

-3,326

125

Income tax (expense) benefit related to OCI items

605

-399

231

54

-146

175

-471

221

159

127

568

-647

60

Other comprehensive income (loss)

3,067

-2,720

857

421

-1,926

39

-1,735

976

317

771

2,739

-2,679

65

Comprehensive Income (Loss), Net of Tax, Attributable to Parent

7,521

1,242

4,718

4,556

908

2,892

2,023

3,682

1,857

3,856

5,288

-1,482

2,643

Earnings Per Share [Abstract]
Earnings Per Share, Basic

9.77

8.55

8.26

8.94

8.71

8.50

11.02

7.96

4.55

9.08

7.57

3.52

7.70

Earnings Per Share, Diluted

9.71

8.49

8.19

8.87

8.62

8.42

10.92

7.89

4.52

9.04

7.55

3.50

7.63