Group 1 - The coverage of Chubb (NYSE: CB) was initiated in October last year, with a hold thesis due to its seemingly unattractive valuation [1] - The article titled "Chubb's 20-Year Outperformance Continues As Market Winds Change" highlights the company's consistent performance over two decades despite market fluctuations [1] Group 2 - The author identifies as a contrarian risk-averse investor, focusing on low-risk passive income and aiming for approximately 12% average annual returns [2] - The investment strategy emphasizes consistency over volatility, with a preference for companies that generate cash in developed industries [2]

Fire safety: Chubb France deploys AMA's assisted realityfor remote troubleshooting Cergy, Rennes, May 5, 2025 - To speed up the resolution of technical faults, Chubb France, a major player in the fire safety sector, is integrating AMA’s assisted reality into its operations. The aim is to increase efficiency and reduce the number of journeys required to guarantee fast, safe assistance. XpertEye software for remote troubleshooting The partnership has resulted to complement Chubb's tools in the introduction o ...

Core Insights - Chubb, Zurich North America, and National Indemnity have launched a new excess casualty facility offering up to $100 million in claims-made excess casualty insurance for large companies, addressing the increasing challenges in the insurance landscape [1][2] Group 1: Industry Context - The litigation environment for large companies in the U.S. is becoming increasingly hostile, necessitating innovative insurance solutions to protect against legal challenges [2] - Businesses are experiencing a decrease in available insurance capacity and rising coverage costs, highlighting the need for sustainable insurance solutions [2] Group 2: Company Collaboration - The collaboration between Chubb, Zurich North America, and National Indemnity aims to leverage their combined expertise and financial strength to provide effective solutions for clients facing a volatile litigation environment [2] - The initiative is designed to streamline insurance acquisition and administration, enhancing efficiency for customers, brokers, and agents [6] Group 3: Key Benefits of the New Facility - The new facility offers a single access point through either Chubb or Zurich, providing administrative and cost efficiencies [6] - It ensures consistency in coverage terms and proactive claims handling, which are critical for clients navigating complex insurance needs [6] Group 4: Company Profiles - Chubb operates in 54 countries, providing a wide range of insurance products and services, and is recognized for its financial strength and extensive distribution capabilities [4] - Zurich North America is a major provider of insurance solutions, serving diverse industries and focusing on transforming insurance through prevention services [5] - National Indemnity Company, a leading reinsurer, boasts a statutory surplus of $240 billion as of year-end 2024, underscoring its strong capital position in the insurance market [8]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period from to Commission File No. 1-11778 CHUBB LIMITED (Exact name of registrant as specified in its charter) Switzerland 98-0091805 (State or other jurisdiction ...

Core Viewpoint - The article highlights three companies—Altria, Verizon, and Chubb Limited—that are considered insulated from the impact of tariffs proposed by the Trump administration, making them attractive investment options in an unpredictable market [1][2]. Group 1: Altria - Altria is the largest tobacco company in America, controlling 45.9% of the U.S. retail cigarette market in 2024, and has diversified into smokeless products [4][6]. - Despite declining adult smoking rates, Altria has managed to maintain profitability through price increases, cost-cutting, and share buybacks, with analysts projecting a 4% EPS growth in 2025 and 3% in 2026 [5][6]. - The stock trades at 11 times forward earnings and offers a forward dividend yield of 7.1%, having raised its payout annually since 2008, making it appealing to income-oriented investors [6][7]. Group 2: Verizon - Verizon is a major telecom company that generates most of its profits from domestic wireless and wireline services, making it less vulnerable to tariffs [8]. - In 2024, Verizon saw a significant recovery, more than doubling its postpaid phone net additions and reducing its total wireless churn rate to 1.62%, attributed to localized marketing and customizable plans [9]. - Analysts expect Verizon's adjusted EPS to grow by 2% in 2025 and 4% in 2026, with the stock trading at 9 times forward earnings and a forward yield of 6.1%, having raised its payout for 18 consecutive years [10]. Group 3: Chubb Limited - Chubb is the largest publicly traded provider of various insurance policies, which are not directly affected by tariffs, as insurance companies do not engage in import/export activities [11]. - Chubb's core operating income per share rose by 30% in 2023 and 13% in 2024, with consolidated net premiums increasing by 13.5% in 2023 and 8.7% in 2024 [12]. - The stock trades at 14 times forward earnings, offers a forward dividend yield of 1.2%, and has raised its payout for 32 consecutive years, making it a stable investment option [13].

Core Investment Insights - American Express, SoFi Technologies, and Berkshire Hathaway are identified as promising long-term investments for retail investors starting with a modest amount of cash [1][2] American Express - American Express operates a different business model compared to Visa and Mastercard, as it issues its own cards and operates its own bank [4][5] - The company targets lower-risk, higher-income customers, which allows it to maintain a smaller market share intentionally [5] - American Express's business model is insulated from interest rate fluctuations, benefiting from higher interest rates through its banking segment [6] - Analysts project a compound annual growth rate (CAGR) of 8% for revenue and 13% for earnings per share (EPS) from 2024 to 2027 [7] - The stock is currently valued at 18 times this year's earnings and offers a forward yield of 1.2% [8] SoFi Technologies - SoFi aims to disrupt traditional banks by providing a comprehensive range of digital financial services, including personal loans, credit cards, and stock trading [9] - The company has experienced rapid growth, with its member base increasing from 2.52 million in 2020 to 10.13 million in 2024 [10] - SoFi became profitable on a GAAP basis in 2024, despite facing challenges from a federal student loan freeze and rising interest rates [11] - Analysts expect SoFi's revenue and EPS to grow at a CAGR of 19% and 24%, respectively, from 2024 to 2027 [11] - The stock is valued at 49 times this year's earnings but appears cheaper at 14 times its forward adjusted EBITDA [12] Berkshire Hathaway - Berkshire Hathaway provides a diversified investment opportunity, owning various insurance companies and holding significant stakes in major financial institutions [13] - The company has consistently outperformed the S&P 500 since Warren Buffett acquired it in 1965, thanks to its scale and diversification [14] - Berkshire Hathaway's operating earnings, which exclude capital gains or losses, grew at a CAGR of 16% from 1994 to 2024, with expectations for continued growth [15]

Leverages Digital Operating Model to Apply Chubb's Underwriting and Service Capabilities Across Small and Lower Middle Market Segments Rob Poliseno appointed Division President, Small & Lower Midmarket; Jason Ranucci named Chief Operating Officer, Small & Lower Midmarket WHITEHOUSE STATION, N.J., March 12, 2025 /PRNewswire/ -- Chubb (NYSE: CB) today announced the creation of a new division within its North America Middle Market organization, combining Chubb's Lower Middle Market and Digital Small Business ...

Company Performance - Chubb's stock closed at $284.15, reflecting a -1.91% change from the previous trading day's closing, underperforming the S&P 500's daily loss of 1.22% [1] - Over the past month, Chubb's shares gained 5.75%, outperforming the Finance sector's gain of 0.91% and the S&P 500's loss of 2.31% [1] Earnings Expectations - Analysts expect Chubb to report earnings of $3.50 per share, indicating a year-over-year decline of 35.3% [2] - The revenue forecast for the upcoming earnings report is $14.14 billion, representing an 8.24% growth compared to the same quarter last year [2] - For the full year, earnings are expected to be $21.52 per share and revenue at $60.31 billion, reflecting changes of -4.4% and +7.27% respectively from the previous year [3] Analyst Projections - Recent shifts in analyst projections for Chubb should be monitored, as positive estimate revisions are seen as a good sign for the company's business outlook [4] - Estimate revisions are correlated with near-term share price momentum, which is utilized in the Zacks Rank system to provide actionable ratings [5] Zacks Rank and Valuation - Chubb currently holds a Zacks Rank of 3 (Hold), with a 2.75% decline in the Zacks Consensus EPS estimate over the past month [6] - The company is trading at a Forward P/E ratio of 13.46, which is a premium compared to the industry average Forward P/E of 11.44 [7] - Chubb has a PEG ratio of 3.64, significantly higher than the industry average PEG ratio of 1.77 [8] Industry Context - The Insurance - Property and Casualty industry, part of the Finance sector, has a Zacks Industry Rank of 32, placing it in the top 13% of over 250 industries [9]

Group 1: Berkshire Hathaway Overview - Berkshire Hathaway reported a 25.5% increase in stock value for the year, continuing its long-term performance of nearly 20% compounded annually since Warren Buffett became CEO [1][2] - The company’s investment portfolio is closely monitored by investors, with quarterly disclosures required for institutional investors with over $100 million in assets [2] Group 2: American Express - American Express has established itself as a premium credit card provider, attracting high-earning customers with exclusive offerings like the Centurion Card and the Platinum Card [4][5] - The company reported a 10% revenue growth to $74 billion and a 25% increase in earnings per share (EPS) to $14.02 last year [7] - Despite a recent stock decline due to earnings guidance, it is viewed as a buying opportunity for long-term investors [7] Group 3: Moody's Corporation - Moody's is the second largest credit rating agency in the U.S. and has been part of Berkshire's portfolio since its spin-off from Dun & Bradstreet in 2000 [8] - The company benefits from high barriers to entry in the credit rating industry and has a competitive advantage due to established reputations [9] - Moody's Analytics segment provides steady income through a subscription-based model, helping to offset weaknesses in its credit ratings business [11][12] Group 4: Chubb - Chubb is a multinational insurance company that has recently been added to Berkshire's portfolio, with 27 million shares acquired in late 2023 and early 2024 [13] - The company has a strong track record of underwriting profitability and has increased its dividend payout for 31 consecutive years [15] - Chubb's investment portfolio of $150 billion allows it to benefit from higher interest rates, resulting in a 20% increase in net investment income to $5.9 billion last year [16][17]

Core Viewpoint - Progressive has shown strong performance in its recent earnings report, with significant increases in earnings per share and operating revenues, indicating positive momentum leading into the next earnings release [2][4]. Financial Performance - Q4 2024 earnings per share reached $4.08, exceeding the Zacks Consensus Estimate by 19%, and reflecting a year-over-year increase of 37.8% [2]. - Operating revenues for Q4 2024 increased by 20.3% year-over-year to $20.3 billion, surpassing the consensus estimate by 2.5% [2]. - Full-year operating revenues rose 21.6% year-over-year to $75.1 billion, driven by a 20.7% increase in net premiums earned and a 49.7% rise in net investment income [4]. Premiums and Policies - Net premiums written in Q4 2024 were $18.1 billion, up 20% from $15.1 billion a year ago, while net premiums earned grew 21% to $19.1 billion, exceeding the Zacks Consensus Estimate of $18.7 billion [3]. - Policies in force in the Personal Lines segment increased by 18% year-over-year to 33.8 million, with notable growth in Direct Auto and Agency Auto segments [5]. Investment Metrics - Progressive's book value per share was $43.67 as of December 30, 2024, reflecting a 29.2% increase from the previous year [6]. - The return on equity improved to 36.4% from 30% year-over-year, and the total debt-to-total capital ratio decreased by 420 basis points to 21.2% [6]. Market Outlook - There has been an upward trend in earnings estimates, with a consensus estimate shift of 17.91% in the past month, indicating positive investor sentiment [7]. - Progressive holds a Zacks Rank 1 (Strong Buy), suggesting expectations for above-average returns in the coming months [9]. Industry Comparison - Progressive operates within the Zacks Insurance - Property and Casualty industry, where competitor Chubb reported a year-over-year revenue increase of 6.8% but has a lower Zacks Rank of 3 (Hold) [10].