Harris Poll survey of business leaders also discloses leading strategies to mitigate these and other growth risks, identifying cyber, tech and financial risk as top three disruptors requiring greatest investment and labor to mitigate, and where insurance is most effective.NEW YORK, Jan. 6, 2025 /PRNewswire/ -- A report from Chubb identifies cybersecurity, and technology disruption – often caused by malicious AI manipulation as the top threats to business growth, as revealed in a Harris Poll survey of 500 ri ...

ZURICH, Jan. 3, 2025 /PRNewswire/ -- Chubb Limited (NYSE: CB) will hold its fourth quarter earnings conference call on Wednesday, January 29, 2025, at 8:30 a.m. Eastern. The company expects to issue its fourth quarter earnings release and financial supplement after the market closes on Tuesday, January 28, 2025. These documents will be available on the company's investor website at investors.chubb.com. The earnings conference call will be available via live webcast at investors.chubb.com or by dialing 877-4 ...

My previous article on Chubb Limited (NYSE: CB ) was published by Seeking Alpha back in October 2024 (10-12-2024 to be exact). That article was entitled “Chubb: One More ReasonAs you can tell, our core style is to provide actionable and unambiguous ideas from our independent research. If you share this investment style, check out Envision Early Retirement. It provides at least 1x in-depth articles per week on such ideas.We have helped our members not only to beat the S&P 500 but also avoid heavy drawdowns d ...

A passionate college student looking to build a career in the field of finance. Currently studying for CFA level 1 examination and pursuing BBA at nalsar university Hyderabad. Looking to contribute to investors by making stock research easy.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving comp ...

Core Points - Chubb has appointed John Latter as the Head of Claims for Chubb Overseas General (COG), effective immediately [1][2] - John Latter will oversee a claims organization consisting of 3,000 professionals across Europe, the Middle East, Asia Pacific, Latin America, and the Far East [1][2] - Paul McNamee, Executive Vice President of Chubb Group, expressed confidence in Latter's ability to maintain Chubb's high-performance culture while transforming COG Claims to meet evolving client needs [2] - John Latter has four decades of experience in the insurance industry and joined Chubb in 2017 from Zurich Insurance [3] Company Overview - Chubb is a leading global insurance provider with operations in 54 countries and territories, offering a wide range of insurance products including commercial and personal property and casualty insurance, personal accident, supplemental health insurance, reinsurance, and life insurance [4] - The company is recognized for its extensive product offerings, strong distribution capabilities, financial strength, and local operations worldwide [4] - Chubb Limited, the parent company, is listed on the New York Stock Exchange (NYSE: CB) and is part of the S&P 500 index, employing approximately 40,000 people globally [4]

Company Performance - Chubb's stock closed at $276.22, reflecting a +0.59% change from the previous day, which lagged behind the S&P 500's gain of 0.82% [1] - Over the last month, Chubb's shares decreased by 2.93%, underperforming compared to the Finance sector's gain of 0.44% and the S&P 500's gain of 0.8% [1] Upcoming Earnings - Chubb's upcoming earnings per share (EPS) are projected to be $5.47, indicating a 34.1% decrease from the same quarter last year [2] - The consensus estimate for revenue is $14.5 billion, reflecting an 8.36% growth compared to the same quarter of the previous year [2] Annual Estimates - For the annual period, the Zacks Consensus Estimates predict earnings of $21.82 per share and revenue of $56.5 billion, representing shifts of -3.19% and +10.67% respectively from the last year [3] - Recent changes to analyst estimates for Chubb suggest optimism regarding the company's business and profitability [3] Valuation Metrics - Chubb is currently trading with a Forward P/E ratio of 12.59, which is lower than its industry's Forward P/E of 13.59 [6] - The company has a PEG ratio of 6.39, compared to the Insurance - Property and Casualty industry's average PEG ratio of 1.4 [6] Industry Context - The Insurance - Property and Casualty industry is part of the Finance sector and currently holds a Zacks Industry Rank of 26, placing it within the top 11% of over 250 industries [7] - The top 50% rated industries outperform the bottom half by a factor of 2 to 1, indicating a strong industry performance [7]

With 90% of respondents citing climate change as a leading concern, 92% fearing liability lawsuits, 81% of collectors worrying about theft, and a substantial insurance protection gap across critical areas, Chubb's new report reveals the top risks facing today's wealthyNEW YORK, Dec. 3, 2024 /PRNewswire/ -- Today's wealthy households face a complex array of emerging risks that threaten their ability to build and maintain wealth, according to Chubb's new 2024 Wealth Report: Cultivating Resilience in a Changin ...

Chubb (CB) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this insurer have returned +4.1%, compared to the Zacks S&P 500 composite's +3.5% change. During this period, the Zacks Insurance - Property and Casualty industry, which Chubb falls in, has gained 6.5%. The key question now is: What could be the stock's future direction?While ...

Core Viewpoint - Chubb Limited reported strong third-quarter earnings, surpassing expectations, driven by solid performance across various segments, although some areas faced challenges due to higher catastrophe losses [2][4][11]. Financial Performance - Core operating income for Q3 2024 was $5.72 per share, exceeding the Zacks Consensus Estimate by 16% and reflecting a year-over-year increase of 15.6% [2]. - Net premiums written rose 5.5% year over year to $13.8 billion, although it fell short of the consensus estimate of $14.3 billion [3]. - Total revenues reached $15 billion, a 6.5% year-over-year improvement, but missed the consensus estimate by 1.5% [3]. Underwriting and Investment Income - Property and casualty (P&C) underwriting income was $1.4 billion, up 11.7% year over year, surpassing the Zacks Consensus Estimate of $1.1 billion [4]. - Pre-tax net investment income increased by 14.7% year over year to $1.5 billion, matching estimates [3]. Segment Performance - North America Commercial P&C Insurance saw net premiums written increase by 7.2% to $5.5 billion, with a combined ratio of 86.5% [6]. - North America Personal P&C Insurance net premiums written climbed 10% to $1.6 billion, with a combined ratio improving to 81.3% [7]. - Overseas General Insurance net premiums written rose 4.9% to $3.3 billion, with a combined ratio of 86% [9]. - Life Insurance segment net premiums written increased by 6.8% to $1.6 billion, although it was below the estimate of $2 billion [10]. Financial Health - As of September 30, 2024, Chubb's cash balance was $2.6 billion, a 2.1% increase from the end of 2023, and total shareholders' equity grew 10% to $70.1 billion [11]. - Book value per share increased by 11.1% to $163.16 [11]. - Core operating return on tangible equity expanded by 50 basis points year over year to 21.7% [12]. Capital Deployment - In the quarter, Chubb repurchased shares worth $413 million and paid $369 million in dividends [13]. Market Outlook - Recent estimates for Chubb have trended downward, with a consensus estimate shift of -5% [14][15]. - The stock currently holds a Zacks Rank 3 (Hold), indicating expectations for an in-line return in the coming months [17]. Industry Comparison - Chubb operates within the Zacks Insurance - Property and Casualty industry, where RLI Corp. reported a 21.6% year-over-year revenue increase, highlighting competitive performance within the sector [18].

Core Viewpoint - Chubb Limited (CB) has shown strong performance in the stock market, with a year-to-date increase of 29.1%, outperforming the Finance sector and the S&P 500, but underperforming its industry peers [1] Financial Performance - Chubb's shares are trading significantly above the 50-day moving average, indicating a bullish trend [2] - The company has a market capitalization of $116.8 billion, making it one of the largest property and casualty (P&C) insurers globally [2] - Return on equity for the trailing 12 months stands at 15.5%, significantly higher than the industry average of 7.6% [5] - Return on invested capital (ROIC) has been increasing, currently at 10.1%, compared to the industry average of 5.8% [6] Analyst Sentiment - Positive sentiment is reflected as eight out of eleven analysts have raised their earnings estimates for the current year, with the Zacks Consensus Estimate for 2024 and 2025 earnings increasing by 2.2% and 0.5%, respectively [4] Growth Factors - Chubb is focusing on capitalizing on middle-market businesses and enhancing its core and specialty products for long-term growth [7] - The company is pursuing strategic mergers and acquisitions to diversify its portfolio and expand its geographic footprint, which has positively impacted premium revenues [8] - Premiums are expected to benefit from commercial P&C rate increases, new business, and strong renewal retention [8] Capital Position - Chubb maintains a strong capital position and cash-generation capabilities, supporting shareholder wealth distribution and growth initiatives [9] Risks and Challenges - The company faces exposure to catastrophe events, which can induce volatility in underwriting profitability. Recent estimates indicate losses from Hurricane Milton could range from $250 million to $300 million pre-tax [10] - Chubb's leverage and times interest earned metrics are less favorable compared to the industry [11] Valuation - Chubb shares are trading at a price-to-book multiple of 1.66, slightly above the industry average of 1.62, but are considered cheaper compared to other insurers like The Travelers Companies and The Allstate Corporation [11] Price Target - The average price target for Chubb shares, based on short-term estimates from 23 analysts, is $301.22, suggesting a potential upside of 4.4% from the recent closing price [12] Dividend History - Chubb has a strong dividend history, having increased dividends for 31 consecutive years, with a current yield of 1.6%, outperforming the industry average of 0.2% [14]