Annual Report, Interactive Annual Report and Form 10K. Chubb Limited. PDF · Interactive (HTML) · Form 10K (HTML). Order Free Hardcopy. You can. Analyze up to 10 years of full 10K Annual Reports and Quarterly 10Q SEC filings for Chubb Ltd (CB) using our online tools to quickly find. Get SEC filings for Chubb Corp (CB), including Annual Report (10k) and Quarterly Report (10Q).
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This generally would be the case if either we are a CFC and the tax-exempt shareholder is a 10 percent U. Employee error and misconduct may be difficult to detect and prevent and could adversely affect our business, results of operations, and financial condition.
The volatility of our losses may force us to liquidate securities, which may cause us to incur capital losses. The Insurance Act of Bermuda and related regulations, as amended the Insurance Actregulates the insurance business of our Bermuda insurance subsidiaries and provides that no person may carry on any insurance business in or from within Bermuda unless registered as an insurer by the Bermuda Monetary Authority BMA.
Insurance and reinsurance markets are historically cyclical, and we expect to experience periods with excess underwriting capacity and unfavorable premium rates. Similarly, jurisdictions outside the U. If Section of the Internal Revenue Code were to apply as a result of the Chubb Acquisition, then we may be required to pay substantial additional U.
Documents Incorporated by Reference. Insurance — North American Agriculture.
In addition, our net income is directly impacted by the change in the fair value of the GLB liability. Competition in the insurance and reinsurance markets could reduce our margins. We have grown our business As part of our loss Examples include proportional property where the reinsurer shares a proportional part of the premiums and losses of the ceding company and per risk excess of loss treaty reinsurance where coverage applies on a per risk basis rather than per event or aggregate basis, together with casualty catastrophe workers’ compensation and specialty lines crop and cuubb.
Chubb Limited – Investor Relations – Financials – SEC Filings
The modeled outputs and related analyses are subject to various assumptions, uncertainties, model errors and the inherent limitations of any statistical analysis, including the use of historical internal and industry data. Our worldwide operations, particularly in developing nations expose us to global geopolitical developments that could have an adverse effect on our business, liquidity, results of operations, and financial condition.
Although we do not believe that any U. We market our insurance and reinsurance worldwide primarily through independent insurance agents and insurance and reinsurance brokers. We may need to raise additional funds through financings or access funds through existing or new credit facilities or through short-term repurchase agreements.
Together we have become one of the largest commercial insurers in the U. Get unlimited access to our online tools for reading Ks and Qs more efficiently including:.
Chubb Ltd (CB) SEC Filing 10-K Annual report for the fiscal year ending Sunday, December 31, 2017
Our success depends on our ability to retain the services of our existing key executives and to attract and retain additional qualified personnel in the future. The portfolio is highly diversified However, it is possible that there could be a change in law under Section or otherwise including the promulgation of regulations announced by the IRS and the U. Our results of operations and financial condition depend upon our ability to accurately assess the potential losses associated with the risks that we insure and reinsure.
Rain and Hail we acquired all of the outstanding common stock not previously owned by us on December 28. We believe that our current estimates of net liabilities appropriately reflect our current knowledge of the business profile and the prevailing market, social, legal, and economic conditions while giving due consideration to historical trends and volatility evidenced in our markets over the longer term.
If we cannot obtain adequate capital or sources of credit on favorable terms, or at all, we could be forced to use assets otherwise available for our business operations, and our business, results of operations, and financial condition could be adversely affected. These laws and regulations are increasing in complexity and number, change frequently and sometimes conflict.
CHUBB CORP – K Annual Reports and Q Quarterly Reports
Most of these products are primarily fixed-indemnity benefit obligations and are not directly subject to escalating medical cost inflation. Due 110k the relatively short-tailed Policy acquisition costs, which consist We also use our website as a means of disclosing material, non-public information and for complying with our disclosure obligations under SEC Regulation FD Fair Disclosure. During the loss chubv period, which can be many years in duration, additional facts regarding individual claims and trends often will become known.
Note 16 to the Consolidated Financial Statements.
There can be no assurance that the Chubb acquisition will allow us to maintain any particular worldwide effective corporate tax rate. We evaluate our estimates of reserves quarterly in light of developing information. Chubb renewed its Global Property Competition in the insurance and reinsurance marketplace is substantial.
Our dividends are generally subject to a Swiss withholding tax at a rate of 35 percent; hcubb, payment cnubb a dividend in the form of a par value reduction or qualifying capital contribution reserves reduction is not subject to Swiss withholding tax.
Combined Insurance April 1. The lower triangulation within the table shows the revised estimate of the net liability originally recorded at each balance sheet date as of 10, end of subsequent financial years. Indicate by check mark whether the registrant is a shell company as defined in Rule 12b-2 of the Act. A failure in our operational systems or infrastructure or those of third parties, including due to security breaches or cyber-attacks, could disrupt business, damage our reputation, and cause losses.
An increase in premium levels is often offset by an increasing supply of insurance and reinsurance capacity, either by capital provided by new entrants or by the commitment of additional capital by existing insurers or reinsurers, which may cause prices to decrease.
In addition, Class 4, 3A, and E insurers must obtain the BMA’s prior approval before reducing total statutory capital, as shown in its previous financial year chub balance sheet, by 15 percent or more.