Region now comprises Northern Latin America, Southern Latin America and Brazil ZURICH, July 10, 2024 /PRNewswire/ -- Chubb Limited (NYSE: CB) today announced changes to its Latin America region's structure and leadership. To better serve customers and distribution partners, and to take full advantage of future growth opportunities throughout Latin America, the company has reorganized the region into three sub-regions – Northern Latin America, Southern Latin America and Brazil – and appointed leaders for eac ...

About Chubb The company expects to issue its second quarter earnings release and financial supplement after the market closes on Tuesday, July 23, 2024. These documents will be available on the company's investor website at investors.chubb.com. ZURICH, June 27, 2024 /PRNewswire/ -- Chubb Limited (NYSE: CB) will hold its second quarter earnings conference call on Wednesday, July 24, 2024, at 8:30 a.m. Eastern. Chubb is a world leader in insurance. With operations in 54 countries and territories, Chubb provid ...

As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued. Chubb (CB) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's p ...

Shares of the insurer witnessed a loss of 0.06% over the previous month, beating the performance of the Finance sector with its loss of 1.77% and underperforming the S&P 500's gain of 2.73%. Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $21.15 per share and revenue of $54.96 billion, indicating changes of -6.17% and +7.66%, respectively, compared to the previous year. Research indicates that these estimate revisions are directly correlated with near-term share price momentum. ...

Chubb checks many boxes for investors looking to invest in a well-run company that consistently delivers. However, after getting a boost from Berkshire, the stock has increased 36% over the past year. Is it too late for investors to add the insurer today? To learn more, let's dive into its business, valuation, and outlook. One measure that gets to the core of the insurance business is the combined ratio. This ratio takes the total claims costs plus expenses associated with writing policies and divides them ...

Earnings of this insurer grew 19.4% in the last five years, better than the industry average of 10.4%. The expected long-term earnings growth rate is pegged at 2%. Return on Capital Growth Drivers Chubb's strategic mergers and acquisitions diversify its compelling portfolio, add capabilities and synergies and expand its geographic footprint. The addition of Cigna's life and non-life insurance companies and the acquisition of a higher stake in Huatai Group, among others, bear testimony to the strategy. Inves ...

The investment community will be paying close attention to the earnings performance of Chubb in its upcoming release. The company's upcoming EPS is projected at $5.29, signifying a 7.52% increase compared to the same quarter of the previous year. Meanwhile, the latest consensus estimate predicts the revenue to be $13.41 billion, indicating a 9.53% increase compared to the same quarter of the previous year. Our research reveals that these estimate alterations are directly linked with the stock price performa ...

There's no longer a mystery about which stock Buffett has been buying hand over fist. However, Berkshire spilled the beans in May. The giant conglomerate revealed that it had accumulated a 6.4% stake in property and casualty insurer Chubb (CB -1.08%) worth more than $6.7 billion at the end of the first quarter of 2024. It's now Berkshire's 10th-largest holding. Why does Buffett like Chubb? Buffett has long held insurers near and dear to his heart. He often sings the praises of Geico (and pitches its product ...

These stocks offer the potential for growth in nearly any economic environment. Admittedly, a Buffett lieutenant may have made this decision, as Buffett was critical of buying IPO stocks in the past. Berkshire also purchased the shares at the height of the 2021 bull market, so the shares lost most of their value before returning to levels near their all-time high more recently. Indeed, the triple-digit growth is unlikely to last as analysts forecast a 68% increase in earnings on a consensus basis. In the fi ...

Shares of this insurer have returned +4.3% over the past month versus the Zacks S&P 500 composite's +3.1% change. The Zacks Insurance - Property and Casualty industry, to which Chubb belongs, has lost 1.2% over this period. Now the key question is: Where could the stock be headed in the near term? Revisions to Earnings Estimates Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings e ...