Swiss insurance and reinsurance giant Chubb Limited (CB -0.67%) may not be all that well known in the United States. That's a shame, because it frequently cracks the list of top ten companies by revenue, among insurance companies whose shares US investors can easily buy .Still, the fact that it's big enough and trusted enough to be a reinsurer -- a backstop for other insurance companies whose claims exceed their expectations -- means it's no fly by-night company. Yet its shares are currently trading at a re ...

Chubb  Limited’s (CB) shares have gained 21.3% in the past six months, outperforming the industry’s 15.7% growth. The Finance sector and the S&P 500 Composite have grown 17.8% and 19.3%, respectively, in the said time frame. With a market capitalization of $104.9 billion, the average volume of shares traded in the last three months was 1.7 million.A compelling portfolio, strong renewal retention, positive rate increases, strategic initiatives to fuel profitability and solid capital position continue to driv ...

Appoints Josh Cowen Senior Vice President, International Transactional RiskWHITEHOUSE STATION, N.J. and LONDON, March 18, 2024 /PRNewswire/ -- Chubb today announced the launch of a global transactional risk platform to provide transactional risk liability insurance products across international markets. Chubb has appointed Josh Cowen as Senior Vice President, International Transactional Risk to lead this initiative from London. Cowen, a seasoned mergers and acquisition (M&A) risk insurance professional, wil ...

For those looking to find strong Finance stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Chubb (CB) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Finance peers, we might be able to answer that question.Chubb is a member of our Finance group, which includes 856 different companies and currently sits at #5 in the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is lis ...

ZURICH, March 4, 2024 /PRNewswire/ -- Chubb Limited (NYSE: CB) announced today that its subsidiary, Chubb INA Holdings Inc., has priced a public offering of $1 billion of 5.000% senior notes due 2034. The notes are guaranteed by Chubb Limited.  Chubb intends to use the net proceeds for general corporate purposes, including the repayment at maturity of its $700 million 3.35% senior notes due May 15, 2024.  The joint book-running managers for the offering are Citigroup Global Markets Inc., HSBC Securities (US ...

A month has gone by since the last earnings report for Chubb (CB) . Shares have added about 3.5% in that time frame, underperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Chubb due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Chubb's Q4 Earnings Surpass on Underwriting StrengthChubb Limited ...

Chubb Limited’s (CB) board of directors announced to propose a 5.8% hike in its dividend. The insurer will now pay, if approved, an annual dividend of $3.64 or 91 cents per share quarterly. The latest hike would mark the 31st straight year of dividend increase.Based on the closing price of $255.44 as of Feb 22, the company’s dividend yield is 1.4%, much above the industry average of 0.3%. This makes the stock an attractive pick for yield-seeking investors.This Zacks Rank #2 (Buy) insurer is one of the world ...

Chubb Limited (CB) is well-positioned for growth, driven by a compelling portfolio, strong renewal retention, positive rate increases, strategic initiatives to fuel profitability, solid capital position and favorable growth estimates.Earnings Surprise HistoryChubb’s earnings beat estimates in each of the last four quarters, the average being 23.44%.Return on EquityReturn on equity of Chubb was 16.4% in the trailing 12 months, which expanded 390 basis points year over year and was better than the industry av ...

We could be adversely affected by certain features of the Inflation Reduction Act. On August 16, 2022, President Biden signed the Inflation Reduction Act (IRA) of 2022 (H.R. 5376). Key tax provisions included in the IRA include a 15 percent corporate alternative minimum tax (CAMT) on adjusted financial statement income for corporations with average profits over $1 billion, and a 1 percent excise tax on repurchases of corporate stock. The CAMT and the excise tax on share repurchases are effective for tax yea ...

New Chubb and National Center of Middle Market Survey reveals inflation remains the number one risk, and rising concerns over cybersecurity, natural catastrophes and insurance coverage gaps WHITEHOUSE STATION, N.J., Feb. 22, 2024  /PRNewswire/ -- Chubb and the National Center for the Middle Market (NCMM) released today new data that reveals middle market companies demonstrated continued robust growth against the backdrop of inflationary pressures, cybersecurity threats, natural catastrophes and insurance co ...