Chubb Limited Chubb Limited Investment Portfolio - 2 (in millions of U.S. dollars) (Unaudited) Mortgage-backed Fixed Income Portfolio Mortgage-backed securities Investment Portfolio - 3 (in millions of U.S. dollars) (Unaudited) | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |-------------------------------------------|-------|-------|-------|-------|--------|-------------|----------|----------------|-------------|-------------|-------|--------| | Non-U.S. Corporate Securitie ...

Image Source: Zacks Investment Research The consensus estimate for earnings is pegged at $5.07 per share. The Zacks Consensus Estimate for CB's second-quarter earnings has moved down 4.2% in the past 30 days. The estimate suggests year-over-year growth of 3.1%. Chubb's earnings beat the Zacks Consensus Estimates in each of the trailing four quarters, the average surprise being 23.78%. Our proven model does not conclusively predict an earnings beat for Chubb this time around. The combination of a positive Ea ...

For the full year, the Zacks Consensus Estimates are projecting earnings of $20.93 per share and revenue of $55.94 billion, which would represent changes of -7.14% and +9.57%, respectively, from the prior year. It is also worth noting that CB currently has a PEG ratio of 6.26. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. By the end of yesterday's trading, the Insurance - Property and Casualty industry ha ...

By nature of its operations, Chubb has substantial exposure to losses from natural disasters and man-made catastrophes, which have been inducing volatility in its underwriting profitability and weighing on its combined ratio. Chubb had insured Baltimore's Francis Scott Key Bridge. Following the Baltimore bridge collapse, Chubb has to dish out about $4 billion per an analyst in a report published in Insurance Journal. The report states that this insurer has braced up to pay the first installment of $350 mill ...

Estimate Revisions Trend The consensus EPS estimate for the quarter has been revised 0.32% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts. Earnings Whisper Estimate revisions ahead of a company's earnings release offer clues to t ...

Key Announcement - Peter Kelaher has been appointed Division President of Continental Europe, Middle East and North Africa, effective 1 September 2024, subject to regulatory approval [3][4] - Kelaher will oversee executive operations in 24 countries across the region and report to David Furby, Senior Vice President and Regional President Europe, Middle East and Africa [3][4] - Kelaher succeeds Sara Mitchell, who will be leaving the company [7] Peter Kelaher's Background - Kelaher brings over 20 years of insurance industry experience, including more than 15 years at Chubb [5] - He has led the growth of Chubb's commercial and consumer businesses in Australia and New Zealand, driving distribution, technology, and product innovation [1][5] - Kelaher joined Chubb Australia in 2007 as a Senior Underwriter and held increasingly senior roles before becoming Country President for Australia & New Zealand [5] - He holds a bachelor's degree in Laws and International Business from the University of Technology, Sydney [6] Chubb's Global Presence - Chubb operates in 54 countries and territories, offering commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance [8] - The company is known for its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, and local operations globally [8] - Chubb Limited, the parent company, is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index [8] - The company employs approximately 40,000 people worldwide and maintains executive offices in Zurich, New York, London, Paris, and other locations [8]

The report provides comprehensive information and insights into Chubb's technology activities, including its digital transformation strategies and innovation programs. It offers an overview of Chubb's technology initiatives, covering partnerships, product launches, and technology investments. Each technology initiative is detailed with insights into the technology theme, objectives, and benefits, providing a clear understanding of the strategic intent and expected outcomes. Additionally, the report includes ...

The most recent trading session ended with Chubb (CB) standing at $256.32, reflecting a +1.18% shift from the previouse trading day's closing. The stock outpaced the S&P 500's daily gain of 1.02%. Elsewhere, the Dow gained 1.09%, while the tech-heavy Nasdaq added 1.18%. Analysts and investors alike will be keeping a close eye on the performance of Chubb in its upcoming earnings disclosure. The company's earnings report is set to go public on July 23, 2024. The company is predicted to post an EPS of $5.14, i ...

Executive Appointments - Jason Ranucci has been named Head of North America Lower Middle Market, responsible for strategy, underwriting, and P&L for the lower middle market segment while maintaining executive underwriting responsibilities over Small Commercial [1] - Jeffrey Updyke appointed as Executive Vice President, North America Commercial Insurance & Digital Distribution, focusing on expanding Chubb's reach in the lower middle market and small commercial segments through broker distribution partners [1] - John DePeters appointed as Chief Underwriting Officer, Small Commercial, responsible for underwriting and portfolio management for North America Small Commercial Insurance [6] - Ana Robic and Ben Rockwell promoted to Senior Vice President, Chubb Group, retaining their current responsibilities as Division Presidents of North America Personal Risk Services and North America Middle Market respectively [5] Executive Backgrounds - Jason Ranucci joined Chubb in January 2023 as Global Chief Underwriting Officer, Small Commercial, with over 15 years of experience in commercial and personal lines at Travelers and corporate development at Aetna [11] - Jeffrey Updyke has over 30 years of insurance experience at Chubb, having held various leadership roles including Head of North America Lower Middle Market and Division President, Chubb Small Business [12] - John DePeters joined Chubb in 2013, with experience in cyber, technology, and media underwriting, and has held leadership roles in Asia-Pacific and North America [3] - Ana Robic has over two decades of insurance experience, serving as Division President, North America Personal Risk Services since 2021 and previously as Chief Operating Officer of the business [9] - Ben Rockwell has over 25 years of insurance experience, appointed Division President, North America Middle Market in 2019, with a career spanning various underwriting and leadership roles at Chubb [10] Company Overview - Chubb is a global insurance leader with operations in 54 countries and territories, offering commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance [4] - The company is known for its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, and local operations globally [4] - Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index, with executive offices in Zurich, New York, London, Paris, and other locations, employing approximately 40,000 people worldwide [4] Strategic Focus - The appointments aim to strengthen Chubb's leadership in the lower middle market and small commercial segments, leveraging the expertise of Jason Ranucci and Jeffrey Updyke to drive profitable growth [15] - Ana Robic and Ben Rockwell's promotions recognize their outstanding leadership in Chubb's core franchises, including Personal Risk Services and Commercial Insurance, with plans to continue growing these businesses [8]

Chubb appoints David Lupica Vice President, Chubb Group and Division President of WestchesterChubb appoints David Lupica Vice President, Chubb Group and Division President of Westchester "It is a pleasure and honor to announce that Dave Lupica will lead Chubb's wholesale E&S operations in North America," said Ortega. "Westchester is a market leader that writes $4 billion in premiums annually, and Dave is a highly regarded executive, well known in the E&S business. Dave has truly earned this recognition and ...