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: 2011 | |||
Consolidated Statements of Income | |||
Period Ending Dec 31, 2011 10-K (Filed: Feb 27, 2012) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2011 | Dec 31, 2010 | Dec 31, 2009 | |
| Revenues | |||
| Premiums Earned | $ 11,644 | 11,215 | 11,331 |
| Investment Income | 1,644 | 1,665 | 1,649 |
| Other Revenues | 9 | 13 | 13 |
| Realized Investment Gains (Losses), Net | |||
| Total Other-Than-Temporary Impairment Losses on Investments | (22) | (6) | (132) |
| Other-Than-Temporary Impairment Losses on Investments Recognized in Other Comprehensive Income | (1) | (5) | 20 |
| Other Realized Investment Gains, Net | 311 | 437 | 135 |
| Total Realized Investment Gains, Net | 288 | 426 | 23 |
| Total Revenues | 13,585 | 13,319 | 13,016 |
| Losses and Expenses | |||
| Losses and Loss Expenses | 7,407 | 6,499 | 6,268 |
| Amortization of Deferred Policy Acquisition Costs | 3,225 | 3,067 | 3,021 |
| Other Insurance Operating Costs and Expenses | 417 | 425 | 416 |
| Investment Expenses | 39 | 35 | 39 |
| Other Expenses | 11 | 15 | 16 |
| Corporate Expenses | 287 | 290 | 294 |
| TOTAL LOSSES AND EXPENSES | 11,386 | 10,331 | 10,054 |
| INCOME BEFORE FEDERAL AND FOREIGN INCOME TAX | 2,199 | 2,988 | 2,962 |
| Federal and Foreign Income Tax | 521 | 814 | 779 |
| NET INCOME | 1,678 | 2,174 | 2,183 |
| Net Income Per Share | |||
| Basic | 5.80 | 6.81 | 6.24 |
| Diluted | 5.76 | 6.76 | 6.18 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
CHUBB LTD | |||
Ticker: CB Fiscal Year: 2011 | |||
Consolidated Statements Of Operations And Comprehensive Income | |||
Period Ending Dec 31, 2011 10-K (Filed: Feb 24, 2012) | |||
| (In Dollars) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2011 | Dec 31, 2010 | Dec 31, 2009 | |
| Revenues | |||
| Net premiums written | $ 15,372,000,000 | 13,708,000,000 | 13,299,000,000 |
| Change in unearned premiums | 15,000,000 | (204,000,000) | (59,000,000) |
| Net premiums earned | 15,387,000,000 | 13,504,000,000 | 13,240,000,000 |
| Net investment income | 2,242,000,000 | 2,070,000,000 | 2,031,000,000 |
| Net realized gains (losses): | |||
| Other-than-temporary impairment (OTTI) losses gross | (65,000,000) | (128,000,000) | (699,000,000) |
| Portion of OTTI losses recognized in other comprehensive income (OCI) | 15,000,000 | 69,000,000 | 302,000,000 |
| Net OTTI losses recognized in income | (50,000,000) | (59,000,000) | (397,000,000) |
| Net realized gains (losses) excluding OTTI losses | (745,000,000) | 491,000,000 | 201,000,000 |
| Total net realized gains (losses) | (795,000,000) | 432,000,000 | (196,000,000) |
| Total revenues | 16,834,000,000 | 16,006,000,000 | 15,075,000,000 |
| Expenses | |||
| Losses and loss expenses | 9,520,000,000 | 7,579,000,000 | 7,422,000,000 |
| Policy benefits | 401,000,000 | 357,000,000 | 325,000,000 |
| Policy acquisition costs | 2,447,000,000 | 2,337,000,000 | 2,130,000,000 |
| Administrative expenses | 2,052,000,000 | 1,858,000,000 | 1,811,000,000 |
| Interest expense | 250,000,000 | 224,000,000 | 225,000,000 |
| Other (income) expense | 73,000,000 | (16,000,000) | 85,000,000 |
| Total expenses | 14,743,000,000 | 12,339,000,000 | 11,998,000,000 |
| Income before income tax | 2,091,000,000 | 3,667,000,000 | 3,077,000,000 |
| Income tax expense | 506,000,000 | 559,000,000 | 528,000,000 |
| Net income | 1,585,000,000 | 3,108,000,000 | 2,549,000,000 |
| Other comprehensive income (loss) | |||
| Unrealized appreciation | 646,000,000 | 1,526,000,000 | 2,712,000,000 |
| Reclassification adjustment for net realized (gains) losses included in net income | (173,000,000) | (632,000,000) | 75,000,000 |
| Subtotal | 473,000,000 | 894,000,000 | 2,787,000,000 |
| Change in: | |||
| Cumulative translation adjustment | (5,000,000) | (7,000,000) | 568,000,000 |
| Pension liability | 8,000,000 | 11,000,000 | (48,000,000) |
| Other comprehensive income, before income tax | 476,000,000 | 898,000,000 | 3,307,000,000 |
| Income tax expense related to OCI items | (159,000,000) | (127,000,000) | (568,000,000) |
| Other comprehensive income | 317,000,000 | 771,000,000 | 2,739,000,000 |
| Comprehensive income | 1,902,000,000 | 3,879,000,000 | 5,288,000,000 |
| Earnings per share | |||
| Basic earnings per share | 5 | 9 | 8 |
| Diluted earnings per share | 5 | 9 | 8 |
| External Links | |
| CHUBB LTD (CB) Fiscal Year 2011 | |
| 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 |