10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
CHUBB LTD | ||
Ticker: CB Fiscal Year: 2017 | ||
Consolidated Balance Sheets | ||
Period Ending Dec 31, 2017 10-K (Filed: Feb 23, 2018) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2017 | Dec 31, 2016 | |
| Assets | ||
| Fixed maturities available for sale, at fair value (amortized cost - $77,835 and $79,536) (includes hybrid financial instruments of $5 and $2) | $ 78,939 | 80,115 |
| Fixed maturities held to maturity, at amortized cost (fair value $14,474 and $10,670) | 14,335 | 10,644 |
| Equity securities, at fair value (cost $737 and $706) | 937 | 814 |
| Short-term investments, at fair value and amortized cost | 3,561 | 3,002 |
| Other investments (cost $4,417 and $4,270) | 4,672 | 4,519 |
| Total investments | 102,444 | 99,094 |
| Cash | 728 | 985 |
| Securities lending collateral | 1,737 | 1,092 |
| Accrued investment income | 909 | 918 |
| Insurance and reinsurance balances receivable | 9,334 | 8,970 |
| Reinsurance recoverable on losses and loss expenses | 15,034 | 13,577 |
| Reinsurance recoverable on policy benefits | 184 [1] | 182 |
| Deferred policy acquisition costs | 4,723 | 4,314 |
| Value of business acquired | 326 | 355 |
| Goodwill | 15,541 | 15,332 |
| Intangible Assets, Net (Excluding Goodwill) | 6,513 | 6,763 |
| Prepaid reinsurance premiums | 2,529 | 2,448 |
| Investments in partially-owned insurance companies | 662 | 666 |
| Other assets | 6,358 | 5,090 |
| Total assets | 167,022 | 159,786 |
| Liabilities | ||
| Unpaid losses and loss expenses | 63,179 | 60,540 |
| Unearned premiums | 15,216 | 14,779 |
| Future policy benefits | 5,321 | 5,036 |
| Insurance and reinsurance balances payable | 5,868 | 5,637 |
| Collateral held under securities lending agreements | 1,737 | 1,093 |
| Accounts payable, accrued expenses, and other liabilities | 9,545 | 8,617 |
| Deferred Income Tax Liabilities, Net | 699 | 988 |
| Repurchase agreements | 1,408 | 1,403 |
| Short-term debt | 1,013 | 500 |
| Long-term debt | 11,556 | 12,610 |
| Trust preferred securities | 308 | 308 |
| Total liabilities | 115,850 | 111,511 |
| Commitments and contingencies | ||
| Shareholders' equity | ||
| Common Shares (CHF 24.15 par value; 479,783,864 shares issued; 463,833,179 and 465,968,716 shares outstanding) | 11,121 | 11,121 |
| Common Shares in treasury (15,950,685 and 13,815,148 shares) | (1,944) | (1,480) |
| Additional Paid in Capital, Common Stock | 13,978 | 15,335 |
| Retained earnings | 27,474 | 23,613 |
| Accumulated other comprehensive income (loss) (AOCI) | 543 | (314) |
| Total shareholders' equity | 51,172 | 48,275 |
| Total liabilities and shareholders equity | 167,022 | 159,786 |
| [1] (1) Net of a provision for uncollectible reinsurance. | ||
| External Links | |
| CHUBB LTD (CB) Fiscal Year 2017 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |