Chubb Ltd
For the period ended Mar 31, 2026. Filed Apr 28, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed Apr 28, 2026
CB$365.02-1.8%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Deferred policy acquisition costs
- Deferred policy acquisition costs
The following tables present a roll-forward of deferred policy acquisition costs on long-duration contracts included in the Life Insurance segment:
| Three Months Ended March 31, 2026 | |||||||
|---|---|---|---|---|---|---|---|
| (in millions of U.S. dollars) · Term Life · Universal Life · Whole Life · A&H · Other · Total | |||||||
| Balance – beginning of period | $567 | $746 | $1,296 | $2,136 | $392 | $5,137 | |
| Capitalizations | 64 | 26 | 139 | 197 | 52 | 478 | |
| Amortization expense | (41) | (21) | (18) | (71) | (9) | (160) | |
| Other (including foreign exchange) | 5 | (7) | (1) | (2) | 1 | (4) | |
| Balance – end of Period | $595 | $744 | $1,416 | $2,260 | $436 | $5,451 | |
| Overseas General Insurance segment excluded from table | 713 | ||||||
| Total deferred policy acquisition costs on long-duration contracts | $6,164 | ||||||
| Deferred policy acquisition costs on short-duration contracts | 4,288 | ||||||
| Total deferred policy acquisition costs | $10,452 | ||||||
| Three Months Ended March 31, 2025 | |||||||
|---|---|---|---|---|---|---|---|
| (in millions of U.S. dollars) · Term Life · Universal Life · Whole Life · A&H · Other · Total | |||||||
| Balance – beginning of period | $469 | $722 | $870 | $1,681 | $324 | $4,066 | |
| Capitalizations | 58 | 38 | 109 | 170 | 40 | 415 | |
| Amortization expense | (36) | (20) | (12) | (54) | (7) | (129) | |
| Other (including foreign exchange) | 4 | (8) | (4) | (16) | (2) | (26) | |
| Balance – end of period | $495 | $732 | $963 | $1,781 | $355 | $4,326 | |
| Overseas General Insurance segment excluded from table | 608 | ||||||
| Total deferred policy acquisition costs on long-duration contracts | $4,934 | ||||||
| Deferred policy acquisition costs on short-duration contracts | 3,841 | ||||||
| Total deferred policy acquisition costs | $8,775 | ||||||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.