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Chubb Limited - CB STOCK NEWS

Welcome to our dedicated news page for Chubb (Ticker: CB), a resource for investors and traders seeking the latest updates and insights on Chubb.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Chubb's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Chubb's position in the market.

Rhea-AI Summary
Chubb (NYSE: CB) will hold its first quarter earnings conference call on April 24, 2024, with the earnings release and financial supplement available on April 23, 2024. The call can be accessed via webcast or phone, with a replay option.
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Chubb Personal Risk Services launches a new self-service Flood Insurance System for agents, offering quick quotes for low-hazard properties in under two minutes. The system integrates with the Chubb Agent Portal and Masterpiece EZ Quote homeowners platform, providing agents with faster access to flood quotes and an enhanced user interface. Chubb aims to offer complete flood protection coverage options for clients across all U.S. states where Chubb writes flood insurance.
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Chubb appoints Josh Cowen as Senior Vice President, International Transactional Risk to lead the launch of a global transactional risk platform offering liability insurance products across international markets. Cowen's expertise in M&A risk insurance will enhance Chubb's presence in North America and globally. The platform aims to meet the needs of broker partners and clients for global M&A transactions.
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Chubb Limited (CB) announces a $1 billion public offering of 5.000% senior notes due 2034, guaranteed by Chubb Limited. The proceeds will be used for general corporate purposes, including repaying $700 million 3.35% senior notes due May 15, 2024. Joint book-running managers are Citigroup Global Markets Inc., HSBC Securities (USA) Inc., and Wells Fargo Securities, LLC.
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Chubb and National Center of Middle Market Survey reveals middle market companies' robust growth amidst inflation, cybersecurity threats, and natural catastrophes. Revenue up 12.4%, highest since 2012. Inflation remains top risk, with companies planning price hikes and AI use. Weather events damage severity increases. Cybersecurity concerns rise with 33% lacking protection. Insurance coverage gaps recognized, with companies needing more coverage than initially planned.
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1.38%
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Chubb Limited (CB) plans to recommend a $3.64 annual per share dividend, marking the thirty-first consecutive year of dividend increases. The new quarterly dividend of $0.91 per share is higher than the current $0.86 per share. Shareholders will receive the increased dividend starting April 5, 2024.
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Latin American consumers lead in e-commerce adoption, trusting platforms more than companies, reveals Chubb survey.
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Chubb appoints Seth Gillston as Executive Vice President, Head of North America Industry Practices, to drive overall strategy for industry-focused initiatives and advance insurance solutions for clients. Gillston has 28 years of industry experience and will partner with various Industry Practice Leaders to strengthen Chubb's offerings across different market segments.
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Chubb Limited (CB) reported record net income and core operating income for the quarter ended December 31, 2023, with net income at $3.30 billion and core operating income at $3.41 billion, up 151.7% and 103.6% respectively. For the full year, net income was $9.03 billion and core operating income was $9.34 billion, up 72.1% and 45.2% respectively. Chubb's annualized return on equity (ROE) was 23.6% and core operating ROE was 21.9%. Annualized core operating return on tangible equity (ROTE) was 35.3%. Excluding the tax benefit, ROE, core operating ROE, and core operating ROTE were 15.6%, 14.7%, and 23.9% respectively.
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StreamLabs, Inc., a Chubb company, has launched Scout, a new early warning system that alerts homeowners, tenants, and commercial property managers to signs of a water leak, helping to prevent damage before it occurs. The new point-of-leak sensor is small, easy to install, and can be used independently or as part of a StreamLabs leak detection system. Scout sends real-time alerts for water presence, fluctuating temperature, and humidity levels, and is compatible with the StreamLabs' Control, which can automatically turn off water if a leak or freeze conditions are detected. The product is available in one, three, or five packs and qualifies for a premium credit on many carriers' insurance policies.
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Chubb Limited

NYSE:CB

CB Rankings

CB Stock Data

104.89B
403.03M
0.26%
86.06%
0.6%
Direct Property and Casualty Insurance Carriers
Finance and Insurance
Link
Switzerland
Zuerich

About CB

Chubb Limited is an American company incorporated in Zürich, Switzerland. It is the parent company of Chubb, a global provider of insurance products covering property and casualty, accident and health, reinsurance, and life insurance and the largest publicly traded property and casualty company in the world.