What is Chubb Effective Interest Rate on Debt %?
Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Chubb's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $692 Mil. Chubb's average total debt for the quarter that ended in Dec. 2023 was $14,466 Mil. Therefore, Chubb's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 4.78%.
Chubb Effective Interest Rate on Debt % Historical Data
The historical data trend for Chubb's Effective Interest Rate on Debt % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Chubb Effective Interest Rate on Debt % Chart
|
Chubb Annual Data
|
|
Trend |
Dec14 |
Dec15 |
Dec16 |
Dec17 |
Dec18 |
Dec19 |
Dec20 |
Dec21 |
Dec22 |
Dec23 |
| Effective Interest Rate on Debt % |
|
Get a 7-Day Free Trial
|
|
|
4.02 |
3.46 |
3.16 |
3.67 |
4.58 |
|
Chubb Quarterly Data
|
|
Mar19 |
Jun19 |
Sep19 |
Dec19 |
Mar20 |
Jun20 |
Sep20 |
Dec20 |
Mar21 |
Jun21 |
Sep21 |
Dec21 |
Mar22 |
Jun22 |
Sep22 |
Dec22 |
Mar23 |
Jun23 |
Sep23 |
Dec23 |
| Effective Interest Rate on Debt % |
Get a 7-Day Free Trial
|
|
|
|
|
|
|
|
|
|
|
|
|
4.05 |
4.38 |
4.57 |
4.81 |
4.78 |
Competitive Comparison of Chubb's Effective Interest Rate on Debt %
For the Insurance - Property & Casualty subindustry, Chubb's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Chubb's Effective Interest Rate on Debt % Distribution in the Insurance Industry
For the Insurance industry and Financial Services sector, Chubb's Effective Interest Rate on Debt % distribution charts can be found below:
* The bar in red indicates where Chubb's Effective Interest Rate on Debt % falls into.
Chubb Effective Interest Rate on Debt % Calculation
Chubb's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as
| Effective Interest Rate on Debt % |
| = | -1 * Interest Expense | / | ( (Total Debt (A: Dec. 2022 ) | + | Total Debt (A: Dec. 2023 )) | / count ) |
| = | -1 * -672 | / | ( (14877 | + | 14495) | / 2 ) |
| = | -1 * -672 | / | 14686 |
| = | 4.58 % |
where
Chubb's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as
| Effective Interest Rate on Debt % |
| = | -1 * Interest Expense | / | ( (Total Debt (Q: Sep. 2023 ) | + | Total Debt (Q: Dec. 2023 )) | / count ) |
| = | -1 * -692 | / | ( (14436 | + | 14495) | / 2 ) |
| = | -1 * -692 | / | 14465.5 |
| = | 4.78 % |
where
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data,
the Interest Expense data used here is four times the quarterly (Dec. 2023) interest expense data.
Effective Interest Rate on Debt % is displayed in the 30-year financial page.
Chubb (CB) Business Description
Traded in Other Exchanges
Address
Baerengasse 32, Zurich, CHE, CH-8001
ACE acquired Chubb in the first quarter of 2016 and assumed the Chubb name. The combination made the new Chubb one of the largest domestic property and casualty insurers, with operations in 54 countries spanning commercial and personal P&C insurance, reinsurance, and life insurance.
Executives
| Juan Luis Ortega |
officer: Executive Vice President* |
CHUBB, AVENUE OF THE AMERICAS, NEW YORK NY 10036 |
| John J Lupica |
officer: Chrm, Ins - NA, Pres.- ACE USA |
436 WALNUT STREET, PHILADELPHIA PA 19106-3703 |
| Joseph F Wayland |
officer: General Counsel |
1133 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10036 |
| John W Keogh |
officer: CEO of ACE Overseas General |
ACE OVERSEAS GENERAL, 1133 AVENUE OF THE AMERICAS, NEW YORK NY 10036 |
| Theodore Shasta |
director |
C/O MBIA INC., 113 KING STREET, ARMONK NY 10504 |
| Timothy Alan Boroughs |
officer: Chief Investment Officer* |
1133 AVENUE OF THE AMERICAS, NEW YORK NY 10036 |
| Michael G Atieh |
director |
MERCK MEDCO MANAGED CARE INC, 100 SUMMIT AVE, MONTVALE NJ 07645 |
| Annmarie T Hagan |
officer: Chief Accounting Officer |
TWO LIBERTY PLACE, 1601 CHESTNUT STREET, PHILADELPHIA PA 19192 |
| Frances D. O'brien |
officer: Chief Risk Officer |
THE CHUBB BUILDING, 17 WOODBOURNE AVENUE, HAMILTON D0 HM 08 |
| Nancy Buese |
director |
1515 ARAPAHOE STREET, DENVER CO 80202-2126 |
| Michael Corbat |
director |
388 GREENWICH STREET, 17TH FLOOR, NEW YORK NY 10013 |
| Bryce L. Johns |
officer: Senior Vice President, * |
THE CHUBB BUILDING, 17 WOODBOURNE AVENUE, HAMILTON D0 HM 08 |
| Sean Ringsted |
officer: Chief Risk Officer and* |
THE ACE BLDG., 17 WOODBOURNE AVE., HAMILTON D0 HM 08 |
| Evan G Greenberg |
director, officer: President & COO |
THE CHUBB BUILDING, 17 WOODBOURNE AVENUE, HAMILTON D0 HM 08 |
| Kathleen Bonanno |
director |
3000 TANNERY WAY, SANTA CLARA CA 95054 |
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
CB has been successfully added to your