Chubb Limited Stock Price, News & Analysis

Combined Insurance (NYSE:CB), a Chubb company, has announced a strategic partnership with Healthy Paws to add pet insurance to its supplemental insurance portfolio. The new offering will be available through Combined U.S. and Chubb Workplace Benefits (CWB) operating brands, targeting both employers and individual consumers.

The pet insurance coverage includes accidents, illnesses, and emergency care for dogs and cats, featuring flexible reimbursement levels and deductible options. Key benefits include no maximum annual or lifetime payouts, quick reimbursements within two business days, and the ability to enroll anytime without waiting for open enrollment periods.

Chubb (NYSE:CB) announced the launch of a new engineering center in Bogotá, Colombia, set to open in October 2025. The facility will join existing engineering centers in India, Mexico, and Greece, focusing on enhancing the company's technological capabilities and customer experience.

The center will specialize in software development, data analytics, artificial intelligence, and infrastructure. Hiring priorities include roles in software engineering, network and data center infrastructure, and network security, with emphasis on cloud computing and agile methodologies. The initiative aims to leverage Bogotá's strong academic institutions and tech ecosystem to develop tailored products for Latin American and North American clients.

European Watch Company (EWC) has partnered with Chubb (CB) to provide specialized insurance coverage for luxury timepieces and jewelry. The collaboration, powered by Chubb Studio's digital platform, offers worldwide coverage with no deductible for loss, theft, damage, or mysterious disappearance. The policy provides coverage based on market value with annual adjustments, offering claim payments up to 150% of policy limits. Notable features include premium discounts for high-value collections, no appraisal requirements for watches under $100,000, and flexible claim settlement options including repair, replacement, or cash compensation. This specialized coverage addresses limitations of standard homeowner policies that typically cap jewelry coverage, providing comprehensive protection for both single pieces and extensive collections.

Chubb Limited (NYSE: CB) has announced key leadership changes in its asset management division. Tim Boroughs has been appointed as Vice Chairman, Chubb Group and Executive Chairman, Asset Management, while Chris Hogan has been promoted to Senior Vice President, Chubb Group and Chief Investment Officer. Boroughs, who has been with the company since 2000, previously served as Chief Investment Officer and has over 25 years of experience shaping Chubb's investment strategies. Hogan, who joined Chubb in 2023, brings 22 years of experience from Goldman Sachs, where he was a fixed income portfolio manager and co-CIO for GSAM's Fixed Income Hedge Fund.

Chubb Limited (NYSE: CB) shareholders approved a 6.6% dividend increase to $3.88 per share annually ($0.97 quarterly) from $3.64 per share ($0.91 quarterly) at its 2025 Annual General Meeting in Zurich. This marks the company's 32nd consecutive annual dividend increase. The first quarterly installment of $0.97 per share will be paid on July 3, 2025, to shareholders of record as of June 13, 2025.

Additionally, Chubb's Board authorized a new $5 billion share repurchase program, effective July 1, 2025, with no expiration date. The existing share repurchase program will continue through June 30, 2025. Share repurchases will be executed based on market conditions and management's discretion.

Chubb, Zurich North America, and National Indemnity have launched a groundbreaking excess casualty facility offering up to $100 million in claims-made excess casualty coverage for large companies. The facility, effective July 1, 2025, represents a unique collaboration between three major insurers to address the increasingly hostile litigation environment facing large corporations. The solution provides excess umbrella liability coverage underwritten by Chubb and Zurich, with National Indemnity Company serving as lead reinsurer.

Key benefits include streamlined insurance acquisition through a single access point, administrative efficiencies, consistent coverage terms, and expert claims handling. This initiative aims to stabilize capacity in the excess casualty market while providing sustainable protection against legal challenges.

Chubb (CB) reported Q1 2025 financial results with net income of $1.33 billion ($3.29 per share) and core operating income of $1.49 billion ($3.68 per share). Consolidated net premiums written reached $12.6 billion, up 5.7% in constant dollars.

The quarter was significantly impacted by catastrophe losses of $1.64 billion, primarily from California wildfires ($1.47 billion). The P&C combined ratio was 95.7%, or 82.3% excluding catastrophe losses. P&C net premiums written grew 5.0% in constant dollars to $10.93 billion.

Key highlights include:

• Life Insurance net premiums up 10.3% in constant dollars to $1.72 billion
• Pre-tax net investment income increased 12.2% to $1.56 billion
• Book value per share increased 2.7% to $164.01
• Total capital returned to shareholders: $751 million via share repurchases ($385 million) and dividends ($366 million)

Chubb (NYSE: CB) has scheduled its first quarter earnings conference call for Wednesday, April 23, 2025, at 8:30 a.m. Eastern. The company plans to release its Q1 earnings report and financial supplement after market close on Tuesday, April 22, 2025.

The earnings call will be accessible through a live webcast on the company's investor website and via telephone. U.S. participants can dial 877-400-4403, while international callers should use 332-251-2601, with passcode 1641662. A replay of the call will be made available on the company's website.

Chubb (NYSE: CB) has announced the formation of a new North America Small & Lower Midmarket division, merging its Lower Middle Market and Digital Small Business divisions. The restructuring aims to create a more integrated approach to serving small and lower middle market segments.

The company has appointed Rob Poliseno as Division President and Jason Ranucci as Chief Operating Officer of the new division. Poliseno, with 28 years of industry experience including 17 at Chubb, will report to Ben Rockwell, Division President of North America Middle Market. Ranucci, who has 17 years of insurance experience, will oversee P&L management, underwriting, product, pricing, and analytics.

The new division will leverage a modern, automated, and data-centric digital operating model to offer comprehensive coverage including P&C, Financial Lines, Cyber, Multinational, and Accident & Health insurance. Agents will have access to both fully digital/automated experiences and digitally augmented service models.