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: 2013 | |||
Consolidated Statements of Comprehensive Income | |||
Period Ending Dec 31, 2013 10-K (Filed: Feb 28, 2014) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2013 | Dec 31, 2012 | Dec 31, 2011 | |
| Net Income | $ 2,345 | 1,545 | 1,678 |
| Other Comprehensive Income (Loss), Net of Tax | |||
| Change in Unrealized Appreciation of Investments | (788) | 275 | 615 |
| Change in Unrealized Other-Than-Temporary Impairment Losses on Investments | 2 | 1 | |
| Change in Postretirement Benefit Costs Not Yet Recognized in Net Income | 464 | (30) | (215) |
| Foreign Currency Translation Gains (Losses) | (72) | (11) | 4 |
| Total Other Comprehensive Income (Loss) Net of Tax | (396) | 236 | 405 |
| COMPREHENSIVE INCOME | 1,949 | 1,781 | 2,083 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
CHUBB LTD | |||
Ticker: CB Fiscal Year: 2013 | |||
Consolidated Statements Of Operations and Comprehensive Income | |||
Period Ending Dec 31, 2013 10-K (Filed: Feb 28, 2014) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2013 | Dec 31, 2012 | Dec 31, 2011 | |
| Revenues | |||
| Net premiums written | $ 17,025 | 16,075 | 15,372 |
| (Increase) decrease in unearned premiums | (412) | (398) | 15 |
| Net premiums earned | 16,613 | 15,677 | 15,387 |
| Net investment income | 2,144 | 2,181 | 2,242 |
| Net realized gains (losses): | |||
| Other-than-temporary impairment (OTTI) losses gross | (22) | (38) | (65) |
| Portion of OTTI losses recognized in other comprehensive income (OCI) | 0 | 1 | 15 |
| Net OTTI losses recognized in income | (22) | (37) | (50) |
| Net realized gains (losses) excluding OTTI losses | 526 | 115 | (745) |
| Total net realized gains (losses) | 504 | 78 | (795) |
| Total revenues | 19,261 | 17,936 | 16,834 |
| Expenses | |||
| Losses and loss expenses | 9,348 | 9,653 | 9,520 |
| Policy benefits | 515 | 521 | 401 |
| Policy acquisition costs | 2,659 | 2,446 | 2,472 |
| Administrative expenses | 2,211 | 2,096 | 2,068 |
| Interest expense | 275 | 250 | 250 |
| Other (income) expense | 15 | (6) | 81 |
| Total expenses | 15,023 | 14,960 | 14,792 |
| Income before income tax | 4,238 | 2,976 | 2,042 |
| Income tax expense | 480 | 270 | 502 |
| Net income | 3,758 | 2,706 | 1,540 |
| Other comprehensive income (loss) | |||
| Unrealized appreciation (depreciation) | (1,762) | 1,350 | 646 |
| Reclassification adjustment for net realized gains included in net income | (105) | (234) | (173) |
| Other comprehensive income (loss)after reclassification for net realized gains included in net income | (1,867) | 1,116 | 473 |
| Change in: | |||
| Cumulative translation adjustment | (339) | 116 | (5) |
| Pension liability | 0 | (35) | 8 |
| Other comprehensive income (loss), before income tax | (2,206) | 1,197 | 476 |
| Income tax benefit (expense) related to OCI items | 471 | (221) | (159) |
| Other comprehensive income (loss) | (1,735) | 976 | 317 |
| Comprehensive income | 2,023 | 3,682 | 1,857 |
| Earnings per share | |||
| Basic earnings per share | 11.02 | 7.96 | 4.55 |
| Diluted earnings per share | 10.92 | 7.89 | 4.52 |
| External Links | |
| CHUBB LTD (CB) Fiscal Year 2013 | |
| 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 |