Chubb Ltd (CB) Quote - XNYS | Morningstar

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Economic Moat

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Chubb Delivers Solid Third Quarter

Senior Equity Analyst Brett Horn

Brett Horn, CFA Senior Equity Analyst

Analyst Note

| Brett Horn, CFA | Oct 26, 2021

Chubb continued to leverage a harder pricing market to drive solid third-quarter results, with the narrow-moat franchise generating an annualized ROE of 12% in the quarter despite an uptick in catastrophe losses, or 13% on a core tangible basis. We will maintain our $178 fair value estimate.

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Company Profile

Business Description

ACE acquired Chubb in the first quarter of 2016 and assumed the Chubb name. The combination makes the new Chubb one of the largest domestic property and casualty insurers, with operations in 54 countries spanning commercial and personal P&C insurance, reinsurance, and life insurance.

Contact

Baerengasse 32
Zurich, CH-8001, Switzerland

T +41 434567600

investorrelations@chubb.com

Sector Financial Services

Industry Insurance - Property & Casualty

Most Recent Earnings Sep 30, 2021

Fiscal Year End Dec 31, 2021

Stock Type —

Employees 31,000

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