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CB $249.88

CB target price
249.88
0
180
Chubb Limited
Type
Public
Traded as NYSE: CB
S&P 500 Component
Industry Insurance & Finance
Founded 1882
Headquarters Zurich, Switzerland
Key people
Evan Greenberg, President & CEO
Products Personal, Commercial, Specialty Insurance
Revenue Increase$37 billion USD (FY2014 pro forma combined ACE and Chubb)
Operating income
Increase$4.5 billion USD (FY2014 pro forma combined ACE and Chubb)
Net income
Increase$4.3 billion USD (FY2014 pro forma combined ACE and Chubb)
Number of employees
Est. 30,000 (2016)
Website http://www.chubb.com

Chubb Limited is the world’s largest publicly traded property and casualty insurer. The company has offices in 54 countries. Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance.

In 1882 Thomas Caldecot Chubb and his son Percy started a marine underwriting business in New York City. They collected $1,000 from 100 prominent merchants and focused on insuring ships and cargoes.

The Chubb Corporation was incorporated in 1967 and was listed on the New York Stock Exchange in 1984.

Beginning in 1970, the corporation owned The Chubb Institute, a chain of commercial technical schools which grew out of the company's employee training program, but the schools were sold for $1 to a partnership of private equity firms Great Hill Partners and the High-Tech Institute in 2004.

In 2007, Chubb was named the Readers' Choice winner as "Best Admitted Property/Casualty Insurance Company" by Business Insurance. In 2010 Chubb was number five on Chicago Business "Best Places to Work" list.

On July 1, 2015, ACE Limited announced that it would acquire Chubb Corporation for $28.3 billion in cash and stock. Upon completion, ACE shareholders will hold 70% while Chubb shareholders will get 30% of the new combined company. The new company will be based in Zurich where ACE Limited's headquarters is located. Evan Greenberg of ACE is the new Chairman and CEO of the new company, while Chubb Chairman and CEO John Finnegan is Executive Vice Chairman for North America External Affairs. The company's board expanded to 18 with 4 of them coming from Chubb. The new combined company adopted the Chubb name. The deal received ACE and Chubb shareholder approval and all required regulatory approval, and closed at 5:30 PM EST January 14, 2016. Until then, Chubb and ACE continued to operate as separate and competing companies.

The Chubb Classic is a Champions Tour golf tournament located at TwinEagles Golf Club in Naples, FL. The Chubb Classic has raised more than $3 million for charity.

Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q3 2022 2022-10-26 Future report Set alerts
Q2 2022 2022-07-26 4.20 4.20
Q1 2022 2022-04-26 3.82 3.82
Q4 2021 2022-02-01 3.81 3.81
Q3 2021 2021-10-26 2.64 2.64
Q2 2021 2021-07-27 3.62 3.62
Q1 2021 2021-04-27 2.52 2.52
Q4 2020 2021-02-02 3.18 3.18
Q3 2020 2020-10-27 2.00 2.00
Q2 2020 2020-07-28 -0.56 -0.56

Ratings

2016-07-11 Downgrade BMO Capital Markets Outperform to Market Perform $136.00
2016-06-21 Reiterated Rating Citigroup Inc. Neutral
2016-06-16 Downgrade Atlantic Securities Neutral to Underweight $115.00
2016-05-12 Boost Price Target Deutsche Bank Hold $110.00 to $116.00
2016-05-12 Boost Price Target Deutsche Bank AG Hold $110.00 to $116.00
2016-05-05 Boost Price Target JMP Securities Market Outperform $130.00 to $135.00
2016-05-05 Boost Price Target Credit Suisse Outperform $128.00 to $131.00
2016-05-05 Boost Price Target Credit Suisse Group AG Outperform $128.00 to $131.00
2016-04-14 Reiterated Rating Sterne Agee CRT Buy $129.00
2016-04-14 Boost Price Target RBC Capital Outperform $120.00 to $128.00
2016-04-14 Boost Price Target Royal Bank Of Canada Outperform $120.00 to $128.00
2016-04-08 Boost Price Target Citigroup Inc. Neutral $114.00 to $125.00
2016-03-10 Reiterated Rating Credit Suisse Outperform $128.00
2016-01-29 Boost Price Target Raymond James $120.00 to $125.00
2016-01-29 Boost Price Target Raymond James Financial Inc. $120.00 to $125.00
2016-01-28 Lower Price Target RBC Capital Outperform $121.00 to $120.00
2016-01-27 Upgrade Sandler O'Neill Hold to Buy
2016-01-22 Lower Price Target Deutsche Bank Hold $132.00 to $110.00
2016-01-13 Upgrade Wells Fargo Market Perform to Outperform
2016-01-13 Upgrade Wells Fargo & Co. Market Perform to Outperform
2016-01-12 Reiterated Rating Nomura Buy $132.00
2016-01-12 Reiterated Rating Nomura Holdings Inc. Buy $132.00
2016-01-05 Boost Price Target MKM Partners Buy $125.00 to $140.00
2015-12-03 Reiterated Rating BMO Capital Markets Market Perform $112.00 to $111.00
2015-11-12 Initiated Coverage Morgan Stanley Overweight $132.00
2015-10-27 Reiterated Rating BMO Capital Markets Buy $122.00 to $125.00
2015-10-23 Reiterated Rating Deutsche Bank Hold $116.00 to $118.00
2015-10-15 Initiated Coverage Piper Jaffray Overweight $125.00
2015-10-15 Initiated Coverage Piper Jaffray Cos. Overweight $125.00
2015-10-04 Reiterated Rating Deutsche Bank Hold
2015-09-25 Upgrade Goldman Sachs Neutral to Buy $112.00 to $116.00
2015-09-25 Upgrade Goldman Sachs Group Inc. Neutral to Buy $112.00 to $116.00
2015-09-21 Initiated Coverage Sterne Agee CRT Buy $135.00
2015-09-20 Reiterated Rating Deutsche Bank Hold
2015-08-25 Upgrade Sandler O'Neill Hold to Buy $116.00
2015-08-17 Upgrade BMO Capital Markets Market Perform to Outperform $112.00 to $122.00
2015-07-30 Upgrade Sanford C. Bernstein Market Perform to Outperform $147.00
2015-07-26 Reiterated Rating Deutsche Bank Hold $116.00
2015-07-24 Upgrade Janney Montgomery Scott Neutral to Buy
2015-07-15 Lower Price Target Citigroup Inc. Neutral $119.00 to $111.00
2015-07-05 Reiterated Rating Barclays Hold
2015-07-05 Reiterated Rating RBC Capital Buy
2015-07-05 Reiterated Rating Barclays PLC Hold
2015-07-02 Boost Price Target Credit Suisse $130.00
2015-07-02 Boost Price Target Barclays Equal Weight $98.00 to $125.00
2015-07-02 Upgrade Keefe, Bruyette & Woods Market Perform to Outperform $92.00 to $141.00
2015-07-02 Lower Price Target RBC Capital Outperform $127.00 to $120.00
2015-07-01 Downgrade Argus Buy to Hold
2015-06-05 Upgrade Keefe, Bruyette & Woods Underperform to Market Perform $92.00
2015-04-24 Lower Price Target Citigroup Inc. Neutral $107.00 to $106.00
2015-04-23 Reiterated Rating Deutsche Bank Hold $108.00 to $111.00
2015-04-01 Initiated Coverage Credit Suisse Outperform $123.00
2015-03-31 Set Price Target Nomura Buy $132.00
2015-03-20 Boost Price Target Keefe, Bruyette & Woods Underperform $90.00 to $92.00
2015-02-18 Boost Price Target Citigroup Inc. Neutral $113.00 to $115.00
2015-02-17 Upgrade Citigroup Inc. Sell to Neutral $89.00 to $103.00
2015-02-02 Downgrade BMO Capital Markets Outperform to Market Perform
2015-01-30 Lower Price Target Citigroup Inc. Sell $90.00 to $89.00
2015-01-30 Boost Price Target Deutsche Bank Hold $95.00 to $98.00
2015-01-30 Boost Price Target MKM Partners Neutral $90.00 to $105.00
2015-01-29 Reiterated Rating Citigroup Inc. Hold $116.00 to $113.00
2015-01-28 Boost Price Target MKM Partners Buy $115.00 to $125.00
2015-01-22 Reiterated Rating JMP Securities Buy $125.00
2015-01-14 Downgrade Macquarie Outperform to Neutral
2015-01-09 Downgrade Wells Fargo Outperform to Market Perform
2015-01-08 Boost Price Target Barclays Overweight $117.00 to $127.00
2014-12-17 Boost Price Target RBC Capital Outperform $120.00 to $125.00
2014-12-09 Initiated Coverage JPMorgan Chase & Co. Neutral $115.00
2014-12-02 Downgrade Bank of America Neutral to Underperform $100.00 to $103.00
2014-12-02 Downgrade Bank of America Corp. Neutral to Underperform $100.00 to $103.00
2014-11-25 Boost Price Target Keefe, Bruyette & Woods Outperform $122.00 to $130.00
2014-10-28 Boost Price Target Argus Buy $102.00 to $111.00
2014-10-24 Reiterated Rating Keefe, Bruyette & Woods Underperform $82.00 to $87.00
2014-10-23 Reiterated Rating Citigroup Inc. Neutral $113.00 to $111.00
2014-10-08 Reiterated Rating Citigroup Inc. Neutral $111.00 to $113.00
2014-07-25 Reiterated Rating Deutsche Bank Hold $94.00 to $95.00
2014-07-25 Reiterated Rating Barclays Equal Weight $98.00 to $95.00
2014-07-24 Reiterated Rating Deutsche Bank Hold $100.00 to $108.00
2014-05-05 Reiterated Rating Raymond James Outperform $105.00
2014-05-01 Reiterated Rating Morgan Stanley Positive
2014-04-30 Boost Price Target JMP Securities Outperform $110.00 to $115.00
2014-04-25 Reiterated Rating Nomura Neutral $92.00
2014-04-15 Reiterated Rating Citigroup Inc. Hold $107.00
2014-03-18 Initiated Coverage Cowen and Company Outperform $98.00
2014-02-12 Initiated Coverage Citigroup Inc. Buy to Sell $76.00 to $85.65
2014-01-30 Lower Price Target RBC Capital Outperform $110.00 to $109.00
2014-01-17 Downgrade Keefe, Bruyette & Woods Market Perform to Underperform $97.00 to $82.00
2014-01-07 Downgrade Barclays Overweight to Equal Weight $107.00 to $102.00
2014-01-03 Downgrade Janney Montgomery Scott Buy to Neutral
2013-10-29 Boost Price Target Argus Focus List to Buy $95.00 to $102.00
2013-10-25 Boost Price Target RBC Capital Sector Perform $92.00 to $98.00
2013-10-25 Boost Price Target Keefe, Bruyette & Woods Market Perform $90.00 to $97.00
2013-10-25 Boost Price Target Barclays Overweight $105.00 to $107.00
2013-02-04 Reiterated Argus Buy $85 to $92
2012-10-26 Reiterated MKM Partners Neutral $75 to $85
2011-08-09 Upgrade Barclays Capital Equal Weight to Overweight $66 to $72
2011-04-25 Reiterated RBC Capital Mkts Sector Perform $61 to $64
2011-01-13 Downgrade Deutsche Bank Buy to Hold $63 to $63
2011-01-04 Reiterated Barclays Capital Equal Weight $55 to $59
2010-10-22 Reiterated UBS Buy $62 to $64
2016-07-11 Downgrade BMO Capital Markets Outperform to Market Perform $136.00
2016-06-21 Reiterated Rating Citigroup Inc. Neutral
2016-06-16 Downgrade Atlantic Securities Neutral to Underweight $115.00
2016-05-12 Boost Price Target Deutsche Bank Hold $110.00 to $116.00
2016-05-12 Boost Price Target Deutsche Bank AG Hold $110.00 to $116.00

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks
Robusto Dino Executive Vice President 0.02%  (44462) CB / CNA /