← Chubb Ltd

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Equity in net income of subsidiaries and affiliates — — — ($617.0m) ($1.0b) ($2.4b) ($16.0m) ($867.0m) ($967.0m) ($1.1b)
Net Income From Continuing Operations — — — — — — $5.2b $9.0b $9.6b $10.6b
Net Income (Loss) Attributable to Parent $4.1b $3.9b $4.0b $4.5b $3.5b $8.5b $5.3b $9.0b $9.3b $10.3b
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $5.0b $3.7b $4.7b $5.2b $4.2b $9.8b $6.6b $9.5b $11.5b $13.0b
Net Income (Loss) Attributable to Noncontrolling Interest — — — — — — — ($13.0m) $368.0m $312.0m
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest — — — — — — — $9.0b $9.6b $10.6b
Accretion (Amortization) of Discounts and Premiums, Investments — — — $395.0m $367.0m $332.0m $189.0m ($148.0m) ($367.0m) ($409.0m)
Amortization Cash Flow — — — — — — $285.0m $310.0m $323.0m $301.0m
Amortization Of Intangibles — — — — — — $285.0m $310.0m $323.0m $301.0m
Amortization Of Securities — — — — — — $189.0m ($148.0m) ($367.0m) ($409.0m)
Amortization of Debt Issuance Costs and Discounts $737.0m $694.0m $592.0m $395.0m $367.0m — $41.0m $21.0m $16.0m $8.0m
Amortization of Intangible Assets $19.0m $260.0m $339.0m $305.0m $290.0m $287.0m $285.0m $310.0m $323.0m $301.0m
Amortization of purchased intangibles $1.6b $260.0m $339.0m $305.0m $290.0m $287.0m $285.0m $310.0m $323.0m $301.0m
Deferred Policy Acquisition Costs, Amortization Expense $5.9b $5.8b $5.9b $6.2b $6.5b $6.9b $7.4b $8.3b $9.1b $9.8b
Depreciation And Amortization — — — — — — $285.0m $310.0m $323.0m $301.0m
Deferred Income Tax — — — — — — $318.0m ($1.1b) $96.0m $330.0m
Deferred Income Tax Expense (Benefit) ($9.0m) ($498.0m) $43.0m ($113.0m) ($299.0m) ($82.0m) $174.0m ($1.1b) $86.0m $337.0m
Deferred Tax — — — — — — $318.0m ($1.1b) $96.0m $330.0m
Deferred income taxes $96.0m ($527.0m) $16.0m ($97.0m) ($333.0m) ($74.0m) $132.0m ($1.1b) $96.0m $330.0m
Operating Lease, Impairment Loss — — $24.0m — — — — — — —
Payment, Tax Withholding, Share-based Payment Arrangement — — — — — — — — $128.0m $128.0m
Proceeds from share-based compensation plans $167.0m $151.0m $115.0m $204.0m $145.0m $300.0m $264.0m $212.0m $356.0m $327.0m
Tax withholding payments for share-based compensation plans ($4.0m) $0 $0 $0 ($87.0m) ($81.0m) ($101.0m) ($245.0m) ($262.0m) ($268.0m)
Earnings (Loss)es From Equity Investments — — — — — — ($1.0m) ($867.0m) ($967.0m) ($1.1b)
Income (Loss) from Equity Method Investments $264.0m $418.0m $514.0m $617.0m $1.0b $2.4b $16.0m $867.0m $967.0m $1.1b
Income Tax Expense (Benefit) $815.0m ($139.0m) $695.0m $795.0m $629.0m $1.3b $1.3b $511.0m $1.8b $2.4b
Other Nonoperating Income (Expense) $222.0m $400.0m $434.0m $596.0m $994.0m $2.4b ($74.0m) $836.0m $1.0b $1.3b
Additional Financial Items
Accounts payable, accrued expenses, and other liabilities ($97.0m) ($517.0m) $375.0m ($207.0m) ($98.0m) $536.0m $223.0m ($735.0m) $342.0m $53.0m
Acquisition of subsidiaries (net of cash acquired of $32, nil, and $560) ($14.2b) $0 $0 ($29.0m) $0 $0 ($5.0b) ($34.0m) ($538.0m) ($289.0m)
Beginning Cash Position — — — — — — $1.8b $2.1b $2.6b $2.5b
Cash Flow From Continuing Financing Activities — — — — — — ($5.1b) ($4.5b) ($2.2b) ($1.9b)
Cash Flow From Continuing Investing Activities — — — — — — ($5.7b) ($7.6b) ($13.9b) ($11.3b)
Cash Provided by (Used in) Investing Activity, Including Discontinued Operation — ($2.4b) ($2.9b) ($5.9b) ($7.5b) ($6.7b) ($5.7b) ($7.6b) ($13.9b) ($11.3b)
Change In Account Payable — — — — — — $378.0m ($890.0m) $237.0m $184.0m
Change In Income Tax Payable — — — — — $48.0m ($149.0m) — — —
Change In Other Working Capital — — — — — — ($149.0m) $128.0m $69.0m ($160.0m)
Change In Payable — — — — — — $378.0m ($890.0m) $237.0m $184.0m
Change In Payables And Accrued Expense — — — — — — $378.0m ($890.0m) $237.0m $184.0m
Change In Receivables — — — — — — ($2.4b) ($1.6b) ($1.3b) ($1.3b)
Change In Tax Payable — — — — — $48.0m ($149.0m) — — —
Change In Working Capital — — — — — — $3.4b $2.3b $5.8b $4.1b
Changes In Account Receivables — — — — — — ($2.4b) ($1.6b) ($1.3b) ($1.3b)
Changes In Cash — — — — — — $462.0m $495.0m $78.0m ($294.0m)
Common Shares repurchased — ($801.0m) ($1.0b) ($1.5b) ($523.0m) ($4.9b) ($2.9b) ($2.4b) ($1.8b) ($3.7b)
Debt and Equity Securities, Realized Gain (Loss) — — ($652.0m) — — — — — — —
Deferred policy acquisition costs ($1.4b) ($317.0m) ($301.0m) ($344.0m) ($89.0m) ($247.0m) ($328.0m) ($1.1b) ($1.4b) ($1.6b)
End Cash Position — — — — — — $2.1b $2.6b $2.5b $2.5b
Fair Value, Option, Changes in Fair Value, Gain (Loss) $53.0m $364.0m ($248.0m) ($4.0m) ($202.0m) $316.0m ($63.0m) — — —
Financing Cash Flow — — — — — — ($5.1b) ($4.5b) ($2.2b) ($1.9b)
Foreign Currency Transaction Gain (Loss), before Tax $118.0m $36.0m $131.0m $7.0m ($483.0m) $348.0m $393.0m ($183.0m) ($223.0m) ($223.0m)
Free Cash Flow — — — — — — $11.3b $12.6b $16.2b $12.8b
Future policy benefits $188.0m $217.0m $235.0m $215.0m $236.0m $239.0m $464.0m $848.0m $1.8b $2.2b
Gain Loss On Investment Securities — — — — — — $1.4b $811.0m ($255.0m) ($1.6b)
General and Administrative Expense $3.1b $2.8b $2.9b $3.0b $3.0b $3.1b $3.4b $4.0b $4.4b $4.5b
Goodwill $15.3b $15.5b $15.3b $15.3b $15.4b $15.2b $16.3b $19.7b $19.6b $20.2b
Income taxes $147.0m ($365.0m) $161.0m ($7.0m) $46.0m $48.0m ($149.0m) $128.0m $69.0m ($160.0m)
Insurance and reinsurance balances payable $848.0m $271.0m $722.0m ($302.0m) $535.0m $582.0m $461.0m ($155.0m) ($105.0m) $131.0m
Insurance and reinsurance balances receivable ($616.0m) ($243.0m) ($981.0m) ($270.0m) ($114.0m) ($984.0m) ($696.0m) ($1.1b) ($1.3b) ($1.2b)
Investing Cash Flow — — — — — — ($5.7b) ($7.6b) ($13.9b) ($11.3b)
Liability for Unpaid Claims and Claims Adjustment Expense, Incurred Claims $16.1b $18.5b $18.1b $18.7b $21.7b $22.0b $23.3b $24.1b $26.0b $26.7b
Market Risk Benefit, Change in Fair Value, Gain (Loss) — — — — — ($91.0m) ($80.0m) ($307.0m) ($140.0m) ($288.0m)
Maturities and redemptions of fixed maturities available-for-sale $9.3b $10.4b $7.4b $9.0b $12.4b $17.4b $9.4b $7.0b $10.8b $12.7b
Maturities and redemptions of fixed maturities held-to-maturity $958.0m $879.0m $1.1b $946.0m $995.0m $2.0b $1.7b $708.0m $0 $0
Net Business Purchase And Sale — — — — — — ($7.8b) ($2.1b) ($1.6b) ($3.3b)
Net Foreign Currency Exchange Gain Loss — — — — — — ($397.0m) $183.0m $223.0m $223.0m
Net Realized Gains Losses — ($84.0m) $652.0m $530.0m $498.0m ($1.2b) $965.0m $607.0m ($117.0m) ($211.0m)
Net change in short-term investments $12.3b ($537.0m) $516.0m ($1.1b) ($81.0m) $1.2b ($1.5b) $1.2b ($763.0m) $462.0m
Net derivative instruments settlements ($168.0m) ($265.0m) $16.0m ($703.0m) ($113.0m) ($219.0m) ($84.0m) ($153.0m) ($93.0m) ($185.0m)
Operating Gains Losses — — — — — — $1.0b $127.0m ($999.0m) ($2.5b)
Other $10.0m ($114.0m) ($533.0m) ($1.2b) ($470.0m) ($337.0m) ($560.0m) ($889.0m) ($1.4b) ($712.0m)
Other Non Cash Items — — — — — — $709.0m $2.1b $1.5b $304.0m
Policyholder contract deposits $522.0m $442.0m $453.0m $514.0m $470.0m $512.0m $496.0m $645.0m $1.0b $853.0m
Policyholder contract withdrawals ($253.0m) ($307.0m) ($358.0m) ($303.0m) ($386.0m) ($454.0m) ($519.0m) ($458.0m) ($709.0m) ($594.0m)
Private equity contributions ($553.0m) ($648.0m) ($1.3b) ($1.3b) ($1.9b) ($2.5b) ($2.6b) ($2.0b) ($1.1b) ($3.0b)
Private equity distributions $958.0m $1.1b $980.0m $1.4b $907.0m $1.4b $1.0b $1.2b $1.4b $1.7b
Proceeds From Stock Option Exercised — — — — — — $264.0m $212.0m $356.0m $327.0m
Proceeds from Contributions from Parent — — $0 $0 $0 — — — — —
Proceeds from Stock Options Exercised $112.0m $133.0m $78.0m $163.0m $100.0m $253.0m $216.0m $158.0m $295.0m $257.0m
Proceeds from issuance of repurchase agreements $2.3b $2.4b $2.0b $2.8b $2.4b $1.9b $4.5b $5.0b $4.5b $6.3b
Purchase Of Business — — — — — — ($7.8b) ($2.1b) ($1.6b) ($3.3b)
Purchases of equity securities ($146.0m) ($173.0m) ($207.0m) ($531.0m) ($6.4b) ($1.2b) ($895.0m) ($1.4b) ($4.3b) ($2.8b)
Purchases of fixed maturities available-for-sale ($30.8b) ($25.7b) ($24.7b) ($25.8b) ($26.3b) ($30.2b) ($27.8b) ($28.7b) ($33.8b) ($34.2b)
Purchases of fixed maturities held-to-maturity ($282.0m) ($352.0m) ($456.0m) ($229.0m) ($202.0m) ($594.0m) ($618.0m) ($208.0m) $0 $0
Realized Investment Gains (Losses) — — — — ($498.0m) $1.2b ($965.0m) ($607.0m) $117.0m $211.0m
Reinsurance recoverable ($358.0m) ($1.2b) ($1.2b) $838.0m ($336.0m) ($2.0b) ($1.8b) ($498.0m) ($30.0m) ($169.0m)
Repayment of repurchase agreements ($2.3b) ($2.3b) ($2.0b) ($2.8b) ($2.4b) ($1.9b) ($4.5b) ($4.7b) ($4.8b) ($5.7b)
Repurchase Of Capital Stock — — — — — — ($2.9b) ($2.4b) ($1.8b) ($3.7b)
Sale Of Business — — — — — — — — $27.0m $0
Sales of equity securities $1.0b $187.0m $315.0m $611.0m $3.9b $1.0b $4.6b $1.1b $3.0b $2.8b
Sales of fixed maturities available-for-sale $16.6b $13.2b $14.0b $13.1b $11.4b $6.6b $16.9b $14.6b $12.8b $12.2b
Third-party capital distributed by consolidated investment products — — — — — $0 $0 ($745.0m) ($1.6b) ($1.8b)
Third-party capital invested into consolidated investment products — — — — — $0 $0 $126.0m $1.6b $2.6b
Unearned premiums ($680.0m) $264.0m $654.0m $1.1b $846.0m $1.9b $1.5b $1.4b $1.8b $2.1b
Unpaid losses and loss expenses $332.0m $2.1b $570.0m ($257.0m) $4.7b $5.8b $4.2b $3.5b $4.6b $2.7b
Unrealized Gain (Loss) on Investments $184.0m $392.0m ($1.7b) $3.1b $2.1b ($2.4b) ($9.5b) $3.1b ($361.0m) $2.5b
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement — — — — — — — — — $8.0m
Derivative, Gain (Loss) on Derivative, Net ($126.0m) $87.0m ($330.0m) ($585.0m) ($228.0m) $34.0m $70.0m ($252.0m) ($358.0m) ($165.0m)
Gain (Loss) on Investments ($145.0m) $84.0m — — — — — — — —
Other Operating Income (Expense), Net $222.0m $400.0m $434.0m $596.0m $994.0m $2.4b ($74.0m) $836.0m $1.0b $1.3b
Net Cash Provided by (Used in) Operating Activities $5.3b $4.5b $5.5b $6.3b $9.8b $11.1b $11.2b $12.6b $16.2b $12.8b
Cash flows from investing activities:
Payments to Acquire Businesses, Net of Cash Acquired $14.2b — — $29.0m $0 $0 $5.0b $34.0m $538.0m $289.0m
Net Investment Purchase And Sale — — — — — — $1.7b ($5.8b) ($12.3b) ($9.0b)
Purchase Of Investment — — — — — — ($30.9b) ($30.4b) ($38.9b) ($37.1b)
Net sales of investments by consolidated investment products — — — — — $0 $0 $450.0m $278.0m ($1.1b)
Sale Of Investment — — — — — — $32.6b $24.6b $26.6b $28.2b
Net Other Investing Changes — — — — — — ($560.0m) ($889.0m) ($1.4b) ($712.0m)
Payments for (Proceeds from) Other Investing Activities ($10.0m) $114.0m $533.0m $1.2b $470.0m $337.0m $560.0m $889.0m $1.4b $712.0m
Net Cash Provided by (Used in) Investing Activities — — — ($5.9b) ($7.5b) ($6.7b) ($5.7b) ($7.6b) ($13.9b) ($11.3b)
Cash flows from financing activities:
Issuance Of Debt — — — — — — $0 $0 $2.4b $2.4b
Long Term Debt Issuance — — — — — — $0 $0 $2.4b $2.4b
Net Issuance Payments Of Debt — — — — — — ($1.0b) ($475.0m) $971.0m $1.6b
Net Long Term Debt Issuance — — — — — — ($1.0b) ($475.0m) $971.0m $1.6b
Proceeds from Issuance of Long-term Debt — $0 $2.2b $2.8b $988.0m $1.6b $0 $0 $2.4b $2.4b
Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale $9.3b $10.4b $7.4b $9.0b $12.4b $17.4b $9.4b $7.0b $10.8b $12.7b
Long Term Debt Payments — — — — — — ($1.0b) ($475.0m) ($1.4b) ($800.0m)
Repayment Of Debt — — — — — — ($1.0b) ($475.0m) ($1.4b) ($800.0m)
Repayments of Long-term Debt $0 $501.0m $2.0b $510.0m $1.3b $0 $1.0b $475.0m $1.4b $800.0m
Net Common Stock Issuance — — — — — — ($2.9b) ($2.4b) ($1.8b) ($3.7b)
Common Stock Payments — — — — — — ($2.9b) ($2.4b) ($1.8b) ($3.7b)
Payments for Repurchase of Common Stock — $801.0m $1.0b $1.5b $523.0m $4.9b $2.9b $2.4b $1.8b $3.7b
Payments of Ordinary Dividends, Common Stock $1.2b $1.3b $1.3b $1.4b $1.4b $1.4b $1.4b $1.4b $1.4b $1.5b
Cash Dividends Paid — — — — — — ($1.4b) ($1.4b) ($1.4b) ($1.5b)
Common Stock Dividend Paid — — — — — — ($1.4b) ($1.4b) ($1.4b) ($1.5b)
Dividends Received CFI — — — — — — $1.0b $1.2b $1.4b $1.7b
Dividends paid on Common Shares ($1k) ($1k) ($1k) ($1k) ($1k) ($1k) ($1k) ($1k) ($1k) ($2k)
Net Other Financing Charges — — — — — — ($139.0m) ($677.0m) $46.0m $794.0m
Proceeds from (Payments for) Other Financing Activities ($4.0m) $0 $0 — ($87.0m) ($81.0m) ($101.0m) ($245.0m) ($262.0m) ($268.0m)
Net cash flows (used for) from financing activities — ($2.3b) ($2.0b) ($151.0m) ($2.1b) ($4.4b) ($5.1b) ($4.5b) ($2.2b) ($1.9b)
Net Cash Provided by (Used in) Financing Activities — — — ($151.0m) ($2.1b) ($4.4b) ($5.1b) ($4.5b) ($2.2b) ($1.9b)
Effect Of Exchange Rate Changes — — — — — — ($146.0m) ($1.0m) ($150.0m) $215.0m
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — — — — — ($146.0m) ($1.0m) ($150.0m) $215.0m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect ($797.0m) ($237.0m) $489.0m $306.0m $190.0m ($25.0m) $316.0m $494.0m ($72.0m) ($79.0m)
Cash And Cash Equivalents Increase (Decrease) Due To Consolidation And Deconsolidation Of Investment Products — — — — — $0 $0 ($17.0m) $27.0m $0
Cash and restricted cash - beginning of year $1.1b $851.0m $1.3b $1.6b $1.8b $1.8b $2.1b $2.6b $2.5b $2.5b
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — $1.3b $1.6b $1.8b $1.8b $2.1b $2.6b $2.5b $2.5b
Effect of foreign currency rate changes on cash and restricted cash ($25.0m) $1.0m ($65.0m) $20.0m $8.0m ($106.0m) ($146.0m) ($1.0m) ($150.0m) $215.0m
Supplemental disclosure of cash flow information:
Change In Cash Supplemental As Reported — — — — — — $316.0m $494.0m ($72.0m) ($79.0m)
Interest Paid, Excluding Capitalized Interest, Operating Activities $642.0m $644.0m $621.0m $512.0m $524.0m $492.0m $552.0m $553.0m $599.0m $650.0m
Income Taxes Paid, Net $662.0m $736.0m $503.0m $912.0m $902.0m $1.3b $1.2b $1.5b $1.7b $2.2b

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.