Chubb Limited (CB)

NYSE: CB · Real-Time Price · USD
287.73
-2.19 (-0.75%)
Dec 3, 2024, 12:17 PM EST - Market open
-0.75%
Market Cap 115.98B
Revenue (ttm) 54.70B
Net Income (ttm) 10.00B
Shares Out 403.10M
EPS (ttm) 24.43
PE Ratio 11.78
Forward PE 12.74
Dividend $3.64 (1.27%)
Ex-Dividend Date Sep 13, 2024
Volume 301,697
Open 289.89
Previous Close 289.91
Day's Range 285.70 - 292.37
52-Week Range 216.91 - 302.05
Beta 0.68
Analysts Buy
Price Target 289.00 (+0.44%)
Earnings Date Oct 29, 2024

About CB

Chubb Limited provides insurance and reinsurance products worldwide. The company’s North America Commercial P&C Insurance segment offers commercial property, casualty, workers’ compensation, package policies, risk management, financial lines, marine, construction, environmental, medical risk, cyber risk, surety, and casualty; and group accident and health insurance to large, middle market, and small commercial businesses. Its North America Personal P&C Insurance segment provides affluent and high net worth individuals and families with homeowne... [Read more]

Sector Financials
IPO Date Mar 24, 1993
Employees 40,000
Stock Exchange NYSE
Ticker Symbol CB
Full Company Profile

Financial Performance

In 2023, Chubb's revenue was $49.70 billion, an increase of 16.08% compared to the previous year's $42.81 billion. Earnings were $9.03 billion, an increase of 72.09%.

Financial Statements

Analyst Forecast

According to 20 analysts, the average rating for CB stock is "Buy." The 12-month stock price forecast is $289.0, which is an increase of 0.44% from the latest price.

Price Target
$289.0
(0.44% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Chubb's 2024 Wealth Report: Affluent Households Name Climate, Cyber and Collectibles Risks as Top Threats to Building and Maintaining Wealth

With 90% of respondents citing climate change as a leading concern, 92% fearing liability lawsuits, 81% of collectors worrying about theft, and a substantial insurance protection gap across critical a...

3 hours ago - PRNewsWire

Trade Tracker: Bill Baruch buys Goldman Sachs, Intercontinental Exchange & sell Chubb

Bill Baruch, founder and president Blue Line Capital, joins CNBC's “Halftime Report” to explain why he's buying Intercontinental Exchange, Goldman Sachs, and selling Chubb.

Other symbols: ICEGS
6 days ago - CNBC Television

Chubb Limited Board Declares Quarterly Dividend

ZURICH , Nov. 21, 2024 /PRNewswire/ -- The Board of Directors of Chubb Limited (NYSE: CB) today declared a quarterly dividend equal to $0.91 per share, payable on January 3, 2025 to shareholders of re...

12 days ago - PRNewsWire

Saudi Arabia Life Insurance Market - Key Trends and Opportunities to 2028, Featuring Al-Rajhi Insurance, Arabian Shield Insurance, Walaa Insurance, Chubb Insurance and More

Dublin, Nov. 19, 2024 (GLOBE NEWSWIRE) -- The "Saudi Arabia Life Insurance: Key Trends and Opportunities to 2028" report has been added to ResearchAndMarkets.com's offering. The report provides in-dep...

14 days ago - GlobeNewsWire

Chubb Delivers Strong Underwriting Even With More Hurricane Activity

Chubb's shares have gained 26% over the past year due to higher rates and strong underwriting, but recently pulled back 7% due to hurricane losses. Q3 earnings were strong with $5.72 EPS, beating esti...

20 days ago - Seeking Alpha

Chubb Announces Estimated Net Losses for Hurricane Milton of $250-300 Million Pre-Tax and $208-250 Million After-Tax

ZURICH , Nov. 1, 2024 /PRNewswire/ -- Chubb Limited (NYSE: CB) today announces losses in the fourth quarter of 2024 attributable to Hurricane Milton are estimated to be $250-300 million pre-tax and $2...

4 weeks ago - PRNewsWire

Chubb Enhances Leadership for Latin America Operations

NEW YORK , Oct. 31, 2024 /PRNewswire/ -- Chubb (NYSE: CB) today announced two appointments that enhance the company's leadership structure in Latin America. Recognizing fast-moving developments and op...

4 weeks ago - PRNewsWire

Chubb Analysts Increase Their Forecasts After Upbeat Earnings

Chubb CB reported stronger-than-expected earnings for the third quarter on Tuesday.

4 weeks ago - Benzinga

Chubb Limited (CB) Q3 2024 Earnings Call Transcript

Chubb Limited. (NYSE:CB) Q3 2024 Earnings Conference Call October 30, 2024 8:30 AM ET Company Participants Karen Beyer - Senior Vice President, Investor Relations Evan Greenberg - Chairman & Chief Ex...

4 weeks ago - Seeking Alpha

Chubb Reports Third Quarter Per Share Net Income and Core Operating Income of $5.70 and $5.72, Up 15.2% and 15.6%, Respectively, with P&C Underwriting and Net Investment Income Both Up Double-Digit; Global P&C and Life Insurance Net Premiums Written were Up 8.5% and 10.6%, in Constant Dollars

Net income was $2.32 billion, up 13.8%, and core operating income was $2.33 billion, up 14.3%. For the nine months, net income and core operating income were a record $6.70 billion and $6.75 billion, ...

4 weeks ago - PRNewsWire

Chubb: One More Reason For Potential Buyout By Berkshire

Judging by CB's latest financials and profitability, I consider the consolidation in the P&C insurance sector to be largely completed by now. This adds another important reason to support a potential ...

7 weeks ago - Seeking Alpha

Hurricane Milton Did Less Damage Than Feared. Insurance Stocks Rally.

The storm avoided a direct strike on Tampa, which is home to three million residents.

Other symbols: ACICALLRNR
7 weeks ago - Barrons

Chubb Limited (CB) Stock Falls Amid Industry Downturn

Chubb Limited (CB, Financial), a major player in the insurance sector, experienced a notable decrease in its stock price, dropping by 5.01% to $276.05 per share. The trading volume reached approximate...

2 months ago - GuruFocus

Chubb's Growth Slows Vs. Peers, Analyst Downgrades Despite Stock Surge

BofA Securities analyst Joshua Shanker downgraded Chubb Limited CB to Underperform from Neutral, while raising the price target to $275 from $264.

2 months ago - Benzinga

Chubb's Digital Payments and Cyber Scams Survey Finds Growing Impact of Fraud on Consumers; Harms Trust in Payment Methods

Across the globe, 61% have changed their behavior or reduced use of digital payment platforms due to cyber scam concerns. 75% say transaction insurance would boost their trust, increasing adoption.

2 months ago - PRNewsWire

Chubb Limited to Hold its Third Quarter Earnings Conference Call on Wednesday, October 30, 2024

ZURICH , Sept. 26, 2024 /PRNewswire/ -- Chubb Limited (NYSE: CB) will hold its third quarter earnings conference call on Wednesday, October 30, 2024, at 8:30 a.m.

2 months ago - PRNewsWire

KKM Financial CEO on Chubb, Occidental, Ulta Beauty, Apple, and Berkshire Hathaway

Jeff Kilburg, KKM Financial founder and CEO, joins CNBC's ‘The Exchange' to discuss his moves on these stocks: Chubb, Occidental, Ulta Beauty, Apple and Berkshire Hathaway.

Other symbols: AAPLOXYULTA
2 months ago - CNBC Television

CHUBB RENEWS AS OFFICIAL INSURANCE SPONSOR OF THE US OPEN WITH MULTI-YEAR AGREEMENT

FLUSHING, N.Y. , Sept. 9, 2024 /PRNewswire/ -- The USTA and Chubb have signed a multi-year partnership renewal, extending Chubb's designation as the Official Insurance Sponsor of the US Open.

3 months ago - PRNewsWire

Chubb: A Profitable Global Insurer With An Overheated Bull Run, Awaiting Cooler Days

Chubb had strong Q2 results despite spike in benefit payouts, and shows signs of future growth potential. Lackluster dividend yield under 2% but proven dividend growth and $0.91/share quarterly payout...

3 months ago - Seeking Alpha

Chubb Appoints Greg Giardiello as Global Controller

ZURICH , Sept. 4, 2024 /PRNewswire/ -- Chubb Limited (NYSE: CB) announced that Greg Giardiello is joining Chubb as Global Controller, effective today.

3 months ago - PRNewsWire

Final Trades: CME Group, Chubb, Berkshire Hathaway and the IHI

The Investment Committee give you their top stocks to watch for the second half.

Other symbols: CMEIHI
3 months ago - CNBC Television

Final Trades: Chubb, Blackrock and the XLE

The Investment Committee give you their top stocks to watch for the second half.

Other symbols: XLEBLK
3 months ago - CNBC Television

Berkshire Hathaway May Have Bought More Chubb Stock

Warren Buffett's company could disclose purchasing more shares of insurer Chubb in the second quarter when it files a regulatory form Wednesday.

3 months ago - Barrons

Chubb Appoints George Ohsiek Chief Accounting Officer; Annmarie Hagan Named CFO of Operations & Technology and Transformation; Mong-Diep "Dee" Le to serve as Chief Auditor

ZURICH , Aug. 12, 2024 /PRNewswire/ -- Chubb Limited (NYSE: CB) today announced three executive appointments in the company's finance organization effective Sept 4, 2024. George Ohsiek has been appoin...

4 months ago - PRNewsWire

Stocks To Hold To Year End

Seasonal trading can be a benefit in stock selection. For an unknown reason, some equities perform well in some parts of the year and poorly in other parts of the year.

Other symbols: TRVADPCIINTUPGR
4 months ago - Forbes