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: 2021 | ||
Consolidated Balance Sheets | ||
Period Ending Dec 31, 2021 10-K (Filed: Feb 24, 2022) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2021 | Dec 31, 2020 | |
| Assets | ||
| Fixed maturities available for sale, at fair value, net of valuation allowance - $14 and $20 (amortized cost $90,493 and $85,188) | $ 93,108 | 90,699 |
| Fixed maturities held to maturity, at amortized cost, net of valuation allowance - $35 and $44 (fair value $10,647 and $12,510) | 10,118 | 11,653 |
| Equity securities, at fair value | 4,782 | 4,027 |
| Short-term investments, at fair value (amortized cost $3,147 and $4,349) | 3,146 | 4,345 |
| Other investments, at fair value | 11,169 | 7,945 |
| Total investments | 122,323 | 118,669 |
| Cash | 1,659 | 1,747 |
| Restricted cash | 152 | 89 |
| Securities lending collateral | 1,831 | 1,844 |
| Accrued investment income | 821 | 867 |
| Insurance and reinsurance balances receivable, net of valuation allowance - $46 and $44 | 11,322 | 10,480 |
| Reinsurance recoverable on losses and loss expenses, net of valuation allowance - $329 and $314 | 17,366 | 15,592 |
| Reinsurance recoverable on policy benefits | 213 | 206 |
| Deferred policy acquisition costs | 5,513 | 5,402 |
| Value of business acquired | 236 | 263 |
| Goodwill | 15,213 | 15,400 |
| Other intangible assets | 5,455 | 5,811 |
| Prepaid reinsurance premiums | 3,028 | 2,769 |
| Investments in partially-owned insurance companies | 3,130 | 2,813 |
| Other assets | 11,792 | 8,822 |
| Total assets | 200,054 | 190,774 |
| Liabilities | ||
| Unpaid losses and loss expenses | 72,943 | 67,811 |
| Unearned premiums | 19,101 | 17,652 |
| Future policy benefits | 5,947 | 5,713 |
| Insurance and reinsurance balances payable | 7,243 | 6,708 |
| Securities lending payable | 1,831 | 1,844 |
| Accounts payable, accrued expenses, and other liabilities | 15,004 | 14,052 |
| Deferred tax liabilities | 389 | 892 |
| Repurchase agreements | 1,406 | 1,405 |
| Short-term debt | 999 | 0 |
| Long-term debt | 15,169 | 14,948 |
| Trust preferred securities | 308 | 308 |
| Total liabilities | 140,340 | 131,333 |
| Commitments and contingencies (refer to Note 10) | ||
| Shareholders' equity | ||
| Common Shares (CHF 24.15 par value; 474,021,114 and 477,605,264 shares issued; 426,572,612 and 450,732,625 shares outstanding) | 10,985 | 11,064 |
| Common Shares in treasury (47,448,502 and 26,872,639 shares) | (7,464) | (3,644) |
| Additional paid-in capital | 8,478 | 9,815 |
| Retained earnings | 47,365 | 39,337 |
| Accumulated other comprehensive income (AOCI) | 350 | 2,869 |
| Total shareholders equity | 59,714 | 59,441 |
| Total liabilities and shareholders equity | 200,054 | 190,774 |
| External Links | |
| CHUBB LTD (CB) Fiscal Year 2021 | |
| 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 |