Shares of Chubb Limited (CB) closed at $290.58 on Thursday, near its 52-week high of $294.18. A compelling portfolio, strong renewal retention, positive rate increases, strategic initiatives to fuel profitability and a solid capital position are driving the price higher. Chubb is one of the world's largest providers of property and casualty (P&C) insurance and reinsurance and the largest publicly traded P&C insurer based on a market capitalization of $117.4 billion. Earnings grew 19.4% in the last five year ...

This insurer was Buffett's secret stock earlier this year, and it's easy to see why he was so interested. One of Berkshire Hathaway's (BRK.A 0.23%) (BRK.B -0.02%) newest stock investments is insurance giant Chubb (CB -0.55%). In this video, Fool.com contributors Matt Frankel and Tyler Crowe discuss why Buffett might be so interested in this massive insurance company. *Stock prices used were the morning prices of Sept. 12, 2024. The video was published on Sept. 13, 2024. ...

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 performance in the near term. Over the past month, shares of this insurer have returned +5.7%, compared to the Zacks S&P 500 composite's +3.7% change. During this period, the Zacks Insurance - Property and Casualty industry, which Chubb falls in, has gained 4.9%. The key question now is: What could be the stock's future direction? While media releases or r ...

Chubb (CB) closed the latest trading day at $292.20, indicating a +1.63% change from the previous session's end. The stock outperformed the S&P 500, which registered a daily gain of 1.16%. Meanwhile, the Dow gained 1.2%, and the Nasdaq, a tech-heavy index, added 1.16%. Prior to today's trading, shares of the insurer had gained 6.38% over the past month. This has outpaced the Finance sector's gain of 5.48% and the S&P 500's gain of 3.48% in that time. Market participants will be closely following the financi ...

Warren Buffett understands the insurance industry like few others. Should you follow his lead and purchase Chubb shares? Warren Buffett's Berkshire Hathaway (BRK.A -0.99%) (BRK.B -1.18%) has made news lately for selling stocks, including paring down its large stakes in Apple and Bank of America. But Berkshire Hathaway, known for its patient investment approach, has been scooping up shares of some other companies. That includes insurer Chubb (CB 0.06%). Initially buying 8.1 million shares last year, it now o ...

designer491 A Global Insurer the Bulls Have Been Chasing In this week's series of articles, I am continuing on the theme of mega-insurers with an analysis of Chubb Limited (NYSE:CB). To best summarize what this firm does, here is what the company said about itself on its official website: With operations in 54 countries and territories, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse grou ...

Insurance stock Chubb Ltd (NYSE:CB) is breaking out to weekly highs after being range-bound since May, when Warren Buffett's Berkshire Hathaway (BRK) disclosed a position in the company. The equity recently conquered the 20% year-to-date level, which had been capping its price action, making this a great opportunity to buy calls. Short interest has increased 31.8% over the past month, but with the stock's recent breakout there is potential for shorts to start covering their bets. Plus, 12 of 24 analysts in ...

ZURICH, Sept. 4, 2024 /PRNewswire/ -- Chubb Limited (NYSE: CB) announced that Greg Giardiello is joining Chubb as Global Controller, effective today. Giardiello will report to George Ohsiek, Vice President, Chubb Group and Chief Accounting Officer, and be based in Chubb's Philadelphia office. As Global Controller, Giardiello succeeds Mong-Diep "Dee" Le, who was recently named Chubb's Chief Auditor. Greg Giardiello has been named Global Controller for Chubb.Greg Giardiello has been named Global Controller fo ...

Berkshire Hathaway remains a great long-term choice for investors. But there are superior options. Throughout history, there has almost never been a bad time to buy shares of Berkshire Hathaway (BRK.A 1.85%) (BRK.B 1.61%). The company, led by legendary investor Warren Buffett, has simply been one of the best investments of all time. However, now valued at nearly $1 trillion, Berkshire isn't the same company it used to be. The future is still very bright, but there are other similar options investors should ...

Warren Buffett is betting billions on this company. You should consider joining him. If you're looking for a stock that can protect your portfolio during a downturn but still beat the market in the long term, look no further than Chubb (CB 1.17%). The more you dig into this company, the more there is to love. Few businesses can match Chubb's multi-decade stability. And there's a famous investor who just bet billions on its stock. Warren Buffett loves this stock It's wise to pay close attention to which stoc ...