Chubb(CB)
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Chubb Rises 7.4% but Lags Industry: How to Play the Stock
ZACKS· 2025-01-06 14:56
Shares of Chubb Limited (CB) have gained 7.4% in the past six months, outperforming the S&P 500 composite’s growth of 5.4%. It, however, underperformed the industry’s growth of 10.6% and the Finance sector’s return of 10.3%.Six Months Price PerformanceImage Source: Zacks Investment ResearchWith a capitalization of $109.53 billion, the average volume of shares traded in the last three months was 1.47 million.Chubb’s Growth Projection EncouragesThe Zacks Consensus Estimate for Chubb’s 2025 earnings per share ...
Chubb Report Reveals Cybersecurity as Leading Risk Threatening Business Growth, with Technology Disruption Following Closely Behind
Prnewswire· 2025-01-06 13:30
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 ...
Chubb Limited to Hold its Fourth Quarter Earnings Conference Call on Wednesday, January 29, 2025
Prnewswire· 2025-01-03 20:00
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 ...
Chubb: Recent Price Correction Offers An Attractive Entry Point (Rating Upgrade)
Seeking Alpha· 2025-01-03 18:02
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 ...
Growth At A Discount: Chubb Limited's Stock Opportunity
Seeking Alpha· 2024-12-16 14:18
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 ...
Chubb Appoints John Latter to Lead Claims for Overseas General Insurance
Prnewswire· 2024-12-16 13:30
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]
Here's Why Chubb (CB) Gained But Lagged the Market Today
ZACKS· 2024-12-11 23:52
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]
Chubb's 2024 Wealth Report: Affluent Households Name Climate, Cyber and Collectibles Risks as Top Threats to Building and Maintaining Wealth
Prnewswire· 2024-12-03 13:30
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 ...
Is Trending Stock Chubb Limited (CB) a Buy Now?
ZACKS· 2024-12-02 19:30
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 ...
Chubb (CB) Up 2.4% Since Last Earnings Report: Can It Continue?
ZACKS· 2024-11-28 17:36
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].