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: 2009 | |||
Consolidated Statements of Income | |||
Period Ending Dec 31, 2009 10-K (Filed: Feb 26, 2010) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2009 | Dec 31, 2008 | Dec 31, 2007 | |
| Revenues | |||
| Premiums Earned | $ 11,331 | 11,828 | 11,946 |
| Investment Income | 1,649 | 1,732 | 1,738 |
| Other Revenues | 13 | 32 | 49 |
| Realized Investment Gains (Losses), Net | |||
| Total Other-Than-Temporary Impairment Losses on Investments | (132) | (446) | (109) |
| Other-Than-Temporary Impairment Losses on Investments Recognized in Other Comprehensive Income | 20 | 0 | 0 |
| Other Realized Investment Gains, Net | 135 | 75 | 483 |
| Total Realized Investment Gains (Losses), Net | 23 | (371) | 374 |
| TOTAL REVENUES | 13,016 | 13,221 | 14,107 |
| Losses and Expenses | |||
| Losses and Loss Expenses | 6,268 | 6,898 | 6,299 |
| Amortization of Deferred Policy Acquisition Costs | 3,021 | 3,123 | 3,092 |
| Other Insurance Operating Costs and Expenses | 416 | 441 | 444 |
| Investment Expenses | 39 | 32 | 35 |
| Other Expenses | 16 | 36 | 48 |
| Corporate Expenses | 294 | 284 | 252 |
| TOTAL LOSSES AND EXPENSES | 10,054 | 10,814 | 10,170 |
| INCOME BEFORE FEDERAL AND FOREIGN INCOME TAX | 2,962 | 2,407 | 3,937 |
| Federal and Foreign Income Tax | 779 | 603 | 1,130 |
| NET INCOME | 2,183 | 1,804 | 2,807 |
| Net Income Per Share | |||
| Basic | 6.24 | 5.00 | 7.13 |
| Diluted | 6.18 | 4.92 | 7.01 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
CHUBB LTD | |||
Ticker: CB Fiscal Year: 2009 | |||
Consolidated Statements of Operations and Comprehensive Income | |||
Period Ending Dec 31, 2009 10-K (Filed: Feb 25, 2010) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2009 | Dec 31, 2008 | Dec 31, 2007 | |
| Revenue: | |||
| Net premiums written | $ 13,299 | 13,080 | 11,979 |
| Change in unearned premiums | (59) | 123 | 318 |
| Net premiums earned | 13,240 | 13,203 | 12,297 |
| Net investment income | 2,031 | 2,062 | 1,918 |
| Net realized gains (losses): | |||
| Other-than-temporary impairment (OTTI) losses gross | (699) | (1,064) | (141) |
| Portion of OTTI losses recognized in other comprehensive income | 302 | 0 | 0 |
| Net OTTI losses recognized in income | (397) | (1,064) | (141) |
| Net realized gains (losses) excluding OTTI losses | 201 | (569) | 80 |
| Net realized (gains) losses | (196) | (1,633) | (61) |
| Total revenues | 15,075 | 13,632 | 14,154 |
| Expenses: | |||
| Losses and loss expenses | 7,422 | 7,603 | 7,351 |
| Policy benefits | 325 | 399 | 168 |
| Policy acquisition costs | 2,130 | 2,135 | 1,771 |
| Administrative expenses | 1,811 | 1,737 | 1,455 |
| Interest expense | 225 | 230 | 175 |
| Other (income) expense | 85 | (39) | 81 |
| Total expenses | 11,998 | 12,065 | 11,001 |
| Net income before tax | 3,077 | 1,567 | 3,153 |
| Income tax expense | 528 | 370 | 575 |
| Net income | 2,549 | 1,197 | 2,578 |
| Other comprehensive income (loss): | |||
| Unrealized appreciation (depreciation) | 2,712 | (3,948) | (3) |
| Reclassification adjustment for net realized (gains) losses included in net income | 75 | 1,189 | 27 |
| Subtotal | 2,787 | (2,759) | 24 |
| Change in cumulative translation adjustment | 568 | (590) | 105 |
| Change in pension liability | (48) | 23 | (4) |
| Other comprehensive income (loss), before income tax | 3,307 | (3,326) | 125 |
| Income tax (expense) benefit related to other comprehensive income items | (568) | 647 | (60) |
| Other comprehensive income (loss) | 2,739 | (2,679) | 65 |
| Comprehensive income (loss) | 5,288 | (1,482) | 2,643 |
| Earnings per share: | |||
| Basic earnings per share | 7.57 | 3.52 | 7.70 |
| Diluted earnings per share | 7.55 | 3.50 | 7.63 |
| External Links | |
| CHUBB LTD (CB) Fiscal Year 2009 | |
| 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 |