132.86 0.00 (0.00%)
After hours: 4:43PM EST
|Bid||115.74 x 1100|
|Ask||140.00 x 1400|
|Day's Range||132.20 - 133.67|
|52 Week Range||119.54 - 157.50|
|Beta (3Y Monthly)||0.74|
|PE Ratio (TTM)||12.12|
|Earnings Date||Jan 29, 2019|
|Forward Dividend & Yield||2.92 (2.23%)|
|1y Target Est||152.25|
# Chubb Ltd ### NYSE:CB View full report here! ## Summary * Bearish sentiment is low ## Bearish sentiment Short interest | Positive Short interest is extremely low for CB with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting CB. ## Money flow ETF/Index ownership | Neutral ETF activity is neutral. The net inflows of $9.33 billion over the last one-month into ETFs that hold CB are not among the highest of the last year and have been slowing. ## Economic sentiment PMI by IHS Markit | Neutral According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. ## Credit worthiness Credit default swap CDS data is not available for this security. Please send all inquiries related to the report to firstname.lastname@example.org. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
CHICAGO, Jan. 11, 2019 /PRNewswire/ -- AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) for Combined Insurance Company of America (headquartered in Chicago, IL) and Combined Life Insurance Company of New York (Latham, NY) in a recent press announcement, affirming the credit ratings of Chubb Limited and its subsidiaries. Combined Insurance is a leading provider of individual supplemental accident, disability, health, and life insurance products. "Combined Insurance is pleased to receive this 'Superior' rating affirmation," said Kevin Goulding, President of Combined Insurance.
Chubb (CB) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
At the moment, insurance stocks look like an intriguing group for value investors looking for stocks to buy. Financials across the board have fallen, with several insurers hitting multi-year lows in the past few months. Yet, looking forward, there are reasons to expect the group to outperform. Interest rates should rise, recent Fed commentary aside, and financials and insurers typically win when that happens. Higher rates mean higher returns on an insurance company's 'float' -- and more profits for shareholders. Insurance stocks also are defensive -- an attractive characteristic in a volatile market. And while investor attention since the US election has been focused on high-growth tech and booming cyclicals, there's a case that insurers simply have been forgotten. In a more cautious market, that should no longer be the case. InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Key Emerging-Market Stocks to Buy for Contrarian Investors All told, the insurance group looks intriguing. Investors can play the space through ETFs such as the SPDR S&P Insurance ETF (NYSEARCA:KIE). But these three insurance stocks to buy should get at least a long look as well. Source: Shutterstock ### The Hartford Financial Services Group (HIG) The case for The Hartford Financial Services Group (NYSE:HIG) is reasonably simple. First, HIG stock is cheap, trading at less than 9x 2019 EPS estimates. Even in the context of a sector that usually gets low multiple, that valuation looks far too conservative. Hartford also has benefits on the way from its pending acquisition of The Navigators Group (NASDAQ:NAVG), a marine-focused insurer. With 2020 EPS - boosted by a full year of Navigators Group financials - likely to clear $5, HIG trades at something like 8x earnings while offering a dividend yield that could reach 3% next year. There are risk. First, Hartford's property and casualty business has benefited from lower catastrophe costs of late - which may reverse. The company's mutual fund business gives it exposure to the equity markets - which have been roiled of late. And competition remains intense, which can pressure both pricing and revenue. Still, with HIG touching a 30-month low last month, much of the bad news looks priced in. Sector-wide and M&A tailwinds are not. At the moment, HIG looks like one of the better "buy the dip" candidates among financials. Source: Pictures of Money via Flickr ### Chubb (CB) The case for Chubb (NYSE:CB) is similar to that for HIG - with perhaps lower risk and lower rewards. Like The Hartford, Chubb is a property and casualty insurer. Like HIG, CB stock has pulled back, dropping 18%+ from early 2018 highs and touching a multi-year low late last year. But Chubb is larger - and could potentially take market share from smaller players like The Hartford. Chubb also has a long history of being more conservative - which gives some comfort as its price-to-book ratio nears 1.1x. * 7 Stocks to Buy That Are Run By Billionaires With a dividend yield of 2.3%, CB isn't going to make investors rich overnight. But there's a nice case here of a fair - and maybe cheap - price for a wonderful business. Chubb increases its dividend every year, generally grows earnings, and should hold up even if broad markets take another leg down. It's a nice combination for near-term - and long-term - outperformance. Source: Shutterstock ### MetLife (MET) Investors looking for more risk, and higher potential gains, in financials and insurers should look to MetLife (NYSE:MET). MetLife ran into trouble beginning in late 2017. The company said it had lost some 600,000 customers who were owed pension payments, which sparked investigations from state regulators. A month later, the company had to delay its earnings report as it disclosed material weakness in internal controls. For an insurer, that type of error obviously raises red flags: MET stock unsurprisingly slid on the news. And MET stock has continued sliding for much of 2018. But the news actually has been better. Earnings, starting with a Q4 report that answered at least some of the concerns, have been solid. The pension issue appears mostly resolved. A new CEO will bring fresh eyes next year. Meanwhile, MET stock trades at a noted discount to past valuation, with price-to-book just 0.84x and the dividend yield near 4%. Again, this is a high-risk play by the standards of the insurance space. There's the obvious "never one cockroach" concern after the accounting issues. But the rewards here are big too: if MetLife can convince investors it's back on track, shareholders will be getting not just a strong dividend, but a stock that has appreciated nicely. As of this writing, Vince Martin has no positions in any securities mentioned. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks You Can Set and Forget (Even In This Market) * 10 Virtual Assistants for the Future of Smart Homes * 7 5G Stocks to Buy as the Race for Spectrum Tightens Compare Brokers The post 3 Insurance Stocks to Invest In Now appeared first on InvestorPlace.
We zero in on four insurance stocks that are poised to exceed expectations in Q4 despite California wildfires weighing on underwriting profitability.
Increase in pricing in Commercial and Personal insurance lines, along with rise in investment yields should aid insurers' fourth-quarter results.
# Chubb Ltd ### NYSE:CB View full report here! ## Summary * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low ## Bearish sentiment Short interest | Positive Short interest is extremely low for CB with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting CB. ## Money flow ETF/Index ownership | Positive ETF activity is positive. Over the last month, growth of ETFs holding CB is favorable, with net inflows of $21.48 billion. This is among the highest net inflows seen over the last one-year and the rate of additional inflows appears to be increasing. ## Economic sentiment PMI by IHS Markit | Neutral According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. ## Credit worthiness Credit default swap CDS data is not available for this security. Please send all inquiries related to the report to email@example.com. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
WHITEHOUSE STATION, N.J., Jan. 8, 2019 /PRNewswire/ -- As business decision-makers look to the year ahead, it is critical to address existing and new cyber security concerns. To help with that process, Chubb has launched its first annual cyber security predictions, which focus on the top risks in 2019 and beyond. "The cyber risk landscape is constantly evolving — it's vital to stay on top of potential risks as they emerge," said Michael Tanenbaum, Head of Chubb Cyber North America.
ZURICH , Jan. 7, 2019 /PRNewswire/ -- Chubb Limited (NYSE: CB) will hold its fourth quarter earnings conference call on Wednesday, February 6, 2019 , beginning at 8:30 a.m. Eastern. The company expects ...
Chubb (CB) is poised for growth given its expanded international and domestic presence, compelling product portfolio and solid capital management policy.
CHICAGO, Dec. 21, 2018 /PRNewswire/ -- Combined Insurance, a leading provider of individual supplemental accident, disability, health, and life insurance products, and a Chubb company, continued to honor their founder, W. Clement Stone's, philanthropic legacy and engaged in charitable endeavors year-round. The company gave back to more than 15 organizations through donations, employee-led volunteerism and corporate sponsorships. "Giving back to the diverse communities in which we live and work is a strong part of our company culture and common purpose here at Combined Insurance," said Melanie Lundberg, Assistant Vice President of Talent Management and Corporate Communications at Combined Insurance.
WHITEHOUSE STATION, N.J., Dec. 20, 2018 /PRNewswire/ -- According to the latest Chubb Cyber InFocus Report, retailers typically see a 35% increase in the number of cyber attacks during the holiday season. Chubb's quarterly Cyber InFocus report first launched in early 2018 and is designed to provide insights into the effects of cyber risks and trends on specific industries each quarter. Chubb's data is backed by more than two decades of cyber claims data and experience.
AXIS Capital's (AXS) preliminary cat loss estimates between $125 million and $150 million could weigh on fourth-quarter results.
CHICAGO, Dec. 19, 2018 /PRNewswire/ -- Combined Insurance, a leading provider of individual supplemental accident, disability, health, and life insurance products, and a Chubb company, announced Chris Anderson as the company's new Senior Vice President, Chief Financial Officer. Anderson previously held the role of Controller at Combined Insurance, and is now responsible for the end-to-end leadership of the company's Finance function. "Chris has a deep understanding of our organization and proven leadership experience in finance, which in turn, has positioned him as a well-respected colleague and business partner," said Kevin Goulding, President at Combined Insurance.
Timothy Devin, Richard Valenzuela and Theresa Gerigk of Risk Strategies in New York, NY and Burlingame, CA have been awarded a Certified Advisor of Personal Insurance (CAPI) designation from the Aresty Institute of Executive Education at the Wharton School of the University of Pennsylvania and Chubb.
PHILADELPHIA, Dec. 12, 2018 /PRNewswire/ -- The Aresty Institute of Executive Education at the Wharton School of the University of Pennsylvania and Chubb have awarded the Certified Advisor of Personal Insurance (CAPI) designations to 38 agents and brokers. Following 12 months of study, program participants must complete a capstone project to demonstrate their mastery of the curriculum. To date, there are 174 insurance professionals who hold the prestigious designation.
With the third-quarter round of 13F filings behind us it is time to take a look at the stocks in which some of the best money managers in the world preferred to invest or sell heading into the fourth quarter. One of these stocks was Chubb Limited (NYSE:CB). Chubb Limited (NYSE:CB) was in 30 hedge […]
WHITEHOUSE STATION, N.J., Dec. 5, 2018 /PRNewswire/ -- Chubb has introduced its new Gap Supplement Medical plan – an enhanced supplemental healthcare insurance product designed to reimburse consumers for qualifying out-of-pocket expenses not reimbursed by their medical insurance plans. Chubb is among the few property and casualty companies to incorporate gap supplement insurance into its product suite to help provide customers with more comprehensive benefits and plan flexibility. Due to the rise in employer-sponsored, high-deductible health plans (HDHPs), consumers are becoming increasingly responsible for larger co-payment and co-insurance amounts and higher plan deductibles.
Chubb's (CB) preliminary net loss estimates for the fourth quarter of 2018 might mar the prospects of its next earnings release, thereby rendering volatility to underwriting income.
ZURICH, Dec. 3, 2018 /PRNewswire/ -- Chubb Limited (CB) today announced preliminary net loss estimates in the fourth quarter of 2018 attributable to the California wildfires of approximately $225 million pre-tax, or $195 million after tax. These estimates do not include losses from Hurricane Michael or other weather events occurring globally in the quarter. The company believes its estimated losses from Hurricane Michael are currently at the upper end of the range of $150 million to $250 million pre-tax that was previously disclosed. Chubb is the world's largest publicly traded property and casualty insurance company. 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 group of clients.
Chubb (CB) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.