CHUBB LIMITED (CB) FY2024 Annual Balance Sheet

CHUBB LIMITED (CB) FY2024 Annual Balance Sheet

Balance sheet as of 2024-12-31. The chart shows assets, liabilities and equity at that date.

Assets

246,548,000,000 US dollars

Liabilities

178,154,000,000 US dollars

Equity

68,394,000,000 US dollars

Noncontrolling interest

4,373,000,000 US dollars. Included in consolidated equity; this amount is not added again.

Fixed maturities available-for-sale, at fair value, net of valuation allowance – $70 and $156 (amortized cost – $115,083 and $111,128)

110,363,000,000 US dollars

Reinsurance recoverable on losses and loss expenses, net of valuation allowance – $310 and $367

19,777,000,000 US dollars

Goodwill

19,579,000,000 US dollars

Private equities (includes VIE balances of $22 and $21)

14,769,000,000 US dollars

Insurance and reinsurance balances receivable, net of valuation allowance – $59 and $53

14,426,000,000 US dollars

Equity securities, at fair value (includes VIE balances of $1,289 and $1,078)

9,151,000,000 US dollars

Other investments (includes VIE balances of $4,538 and $3,773)

8,597,000,000 US dollars

Deferred policy acquisition costs

8,358,000,000 US dollars

Other assets (includes VIE balances of $26 and $33)

7,503,000,000 US dollars

Other intangible assets

6,377,000,000 US dollars

Separate account assets

6,231,000,000 US dollars

Short-term investments, at fair value (amortized cost – $5,143 and $4,551) (includes variable interest entities (VIE) balances of $57 and $217)

5,142,000,000 US dollars

Prepaid reinsurance premiums

3,378,000,000 US dollars

Value of business acquired

3,223,000,000 US dollars

Private debt held-for-investment, at amortized cost, net of valuation allowance – $4 and $4

2,628,000,000 US dollars

Cash, including restricted cash $261 and $172 (includes VIE balances of $114 and $117)

2,549,000,000 US dollars

Deferred tax assets

1,603,000,000 US dollars

Securities lending collateral

1,445,000,000 US dollars

Accrued investment income

1,160,000,000 US dollars

Reinsurance recoverable on policy benefits

289,000,000 US dollars

Unpaid losses and loss expenses

84,004,000,000 US dollars

Unearned premiums

23,504,000,000 US dollars

Future policy benefits

16,121,000,000 US dollars

Long-term debt

14,379,000,000 US dollars

Accounts payable, accrued expenses, and other liabilities (includes VIE balances of $183 and $18)

10,192,000,000 US dollars

Insurance and reinsurance balances payable

8,121,000,000 US dollars

Policyholders' account balances

8,016,000,000 US dollars

Separate account liabilities

6,231,000,000 US dollars

Repurchase agreements (includes VIE balances of $815 and $1,009)

2,731,000,000 US dollars

Deferred tax liabilities

1,584,000,000 US dollars

Securities lending payable

1,445,000,000 US dollars

Short-term debt

800,000,000 US dollars

Market risk benefits

607,000,000 US dollars

Hybrid debt

419,000,000 US dollars

Retained earnings

61,561,000,000 US dollars

Additional paid-in capital

14,393,000,000 US dollars

Common Shares (CHF 0.50 par value; 419,625,986 and 431,451,586 shares issued; 400,703,663 and 405,269,637 shares outstanding)

235,000,000 US dollars

Noncontrolling interests (includes VIE balances of $3,459 and $2,705)

4,373,000,000 US dollars

Accumulated other comprehensive income (loss) (AOCI)

negative 8,644,000,000 US dollars

Common Shares in treasury (18,922,323 and 26,181,949 shares)

negative 3,524,000,000 US dollars

Gross equity (calculated)

80,562,000,000 US dollars. Net equity plus the magnitudes of its negative contributions equals gross positive equity. The negative contributions enter this reconciliation as add-backs; their filed signs stay negative.

Chart connections

• Assets equal liabilities plus consolidated equity. Consolidated equity includes noncontrolling interests when reported.
• Treasury shares and other negative equity contributions reduce equity.