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What You Need To Know Ahead of Chubb’s Earnings Release
Yahoo Finance· 2025-12-24 14:32
Chubb Limited (CB) is a leading global insurer, specializing in property and casualty coverage, personal lines, and tailored specialty protection. The company offers commercial and personal insurance policies, reinsurance, and comprehensive risk management solutions, leveraging strong underwriting skills, a diverse product portfolio, and extensive distribution channels for businesses and individuals worldwide. Headquartered in Zurich, Switzerland and with a market capitalization of $122.37 billion, Chubb ...
Evercore ISI Downgrades The Allstate Corporation (ALL) from Outperform to In Line
Yahoo Finance· 2025-10-08 14:10
Group 1 - The Allstate Corporation (NYSE:ALL) is recognized as one of the 13 Safest Stocks to Invest in, supported by hedge fund interest and a significant return on equity [1] - Evercore ISI downgraded The Allstate Corporation from Outperform to In Line with a price target of $233, citing restricted EPS upside of approximately 2.5% compared to over 4% previously [2] - Analysts believe The Allstate Corporation is overearning in vehicle insurance, with expectations of normalized margins in 2026-2027 and limited opportunities for estimate revisions [3] Group 2 - Evercore cautioned against additional rerating due to weaker earnings growth estimates, despite the stock being relatively cheap compared to historical values and competitors [4] - The Allstate Corporation reported August catastrophe losses of $213 million, or $168 million after taxes [4] - The company offers a range of insurance products, including personal lines, commercial, residential, and car insurance in the United States and Canada [5]