Chubb (CB)
NYSE:CB
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Chubb
(NYSE:CB)
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Rating:81Outperform
Price Target:
$373.00
▲(13.93% Upside)
Action:ReiteratedDate:03/12/26
The score is driven primarily by strong financial quality (growth, profitability, and a conservative balance sheet) and a constructive earnings outlook supported by record underwriting/investment performance. Valuation is favorable with a low P/E, while the main restraint is mixed near-term technical momentum and ongoing exposure to catastrophe and pricing-cycle volatility.
Positive Factors
Balance sheet strength
Chubb’s very conservative balance sheet — equity growth to ~$73.8B, asset base expansion and reported total debt of $0 — provides durable financial flexibility. This supports sustained underwriting capacity, reinsurance buying power, and steady capital returns even through adverse insurance cycles.
Negative Factors
Catastrophe volatility
Material catastrophe losses introduce persistent earnings volatility and can depress underwriting margins in peak-loss years. Repeated large-cat years raise reinsurance costs, strain reserving and capital, and can force higher pricing or tighter underwriting that impacts long-term premium growth.
Read all positive and negative factors
Positive Factors
Negative Factors
Balance sheet strength
Chubb’s very conservative balance sheet — equity growth to ~$73.8B, asset base expansion and reported total debt of $0 — provides durable financial flexibility. This supports sustained underwriting capacity, reinsurance buying power, and steady capital returns even through adverse insurance cycles.
Read all positive factors
Chubb (CB) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$127.74B
Dividend Yield1.22%
Average Volume (3M)1.70M
Price to Earnings (P/E)12.0
Beta (1Y)0.23
Revenue Growth6.68%
EPS Growth-1.78%
CountryUS
Employees43,000
SectorFinancial
Sector Strength70
IndustryInsurance - Property & Casualty
Share Statistics
EPS (TTM)7.52
Shares Outstanding390,156,560
10 Day Avg. Volume1,254,653
30 Day Avg. Volume1,699,023
Financial Highlights & Ratios
PEG Ratio0.93
Price to Book (P/B)1.68
Price to Sales (P/S)2.08
P/FCF Ratio8.51
Enterprise Value/Market Cap1.17
Enterprise Value/Revenue2.50
Enterprise Value/Gross Profit7.49
Enterprise Value/Ebitda10.58
Forecast
1Y Price Target
$340.74Price Target Upside4.07% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering20
EPS Forecast (FY)26.81
Revenue Forecast (FY)$59.45B
Chubb Business Overview & Revenue Model
Company Description
Chubb Limited provides insurance and reinsurance products worldwide. The company's North America Commercial P&C Insurance segment offers commercial property, casualty, workers' compensation, package policies, risk management, financial lines, mari...
How the Company Makes Money
Chubb primarily makes money through (1) underwriting insurance and (2) investing the premiums it holds (its investment portfolio/“float”), with additional income from fees and services related to its insurance operations.
1) Underwriting income (...
Chubb Key Performance Indicators (KPIs)
Any
Net Premiums
Net Premiums measure the total revenue Chubb earns from insurance policies after deducting reinsurance costs. This is a key indicator of the company's ability to generate income from its core business operations, reflecting its market position and growth potential in the insurance industry.
Net Premiums measure the total revenue Chubb earns from insurance policies after deducting reinsurance costs. This is a key indicator of the company's ability to generate income from its core business operations, reflecting its market position and growth potential in the insurance industry.
Data provided by:
The Fly
The FlyChubb Earnings Call Summary
Earnings Call Date:Feb 03, 2026
(Q4-2025)
| % Change Since: |
Next Earnings Date:Apr 21, 2026
Earnings Call Sentiment Positive
The call emphasized multiple record-setting achievements across underwriting, investment income and life businesses, with broad premium growth, strong returns, tangible book value expansion and significant shareholder returns. Management acknowledged key risks — elevated catastrophe losses for the year, competitive pressure in large-account property and softness in certain financial lines segments, plus FX and regulatory risks — but positioned these as manageable relative to the company’s diversified global platform and disciplined underwriting. Overall, the positive operational results, strong capital generation and clear strategic initiatives (digital transformation, targeted investments) materially outweigh the disclosed headwinds.Positive Updates
Record Quarterly and Annual Operating Results
Core operating income for the quarter nearly $3.0B ($7.52/share), up ~22% in operating income and ~25% in EPS year-over-year; full-year core operating income just shy of $10B ($24.79/share), up ~9% in operating income and ~11% in EPS versus prior year.
Negative Updates
Elevated Full-Year Catastrophe Losses
Full-year pretax catastrophe losses were $2.9B, up from $2.4B prior year and driven substantially by the California wildfires in Q1; quarterly pretax cat losses were $365M. Management noted industry catastrophe losses approached ~$129B for the year, highlighting volatility.
Read all updates
Q4-2025 Updates
Positive
Negative
Record Quarterly and Annual Operating Results
Core operating income for the quarter nearly $3.0B ($7.52/share), up ~22% in operating income and ~25% in EPS year-over-year; full-year core operating income just shy of $10B ($24.79/share), up ~9% in operating income and ~11% in EPS versus prior year.
Read all positive updates
Company Guidance
Management's forward-looking guidance included Q1 2026 adjusted net investment income of $1.81–$1.84 billion and an expected 2026 core operating effective tax rate of 19.5%–20%; they reiterated confidence in generating strong 2026 operating‑earnings growth and double‑digit EPS and tangible‑book‑value growth (cats and FX aside) driven by P&C underwriting, investment income and life; they plan to raise private investments from about 12% to ~15% of the portfolio over the medium term; and they noted supportive investment metrics today — fixed‑income yield ~5.1% (new‑money slightly above), invested assets/cash around $169–$171+ billion — plus a December‑presented target of roughly 150 basis points of combined‑ratio improvement from digital transformation over 3–4 years.Chubb Financial Statement Overview
Summary
Income Statement
84
Very Positive
Balance Sheet
88
Very Positive
Cash Flow
74
Positive
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 59.58B | 56.15B | 50.13B | 42.98B | 40.77B |
| Gross Profit | 27.54B | 16.17B | 13.84B | 10.83B | 11.33B |
| EBITDA | 10.08B | 12.52B | 10.51B | 7.34B | 10.57B |
| Net Income | 10.31B | 9.27B | 9.03B | 5.25B | 8.53B |
Balance Sheet | |||||
| Total Assets | 247.83B | 246.55B | 230.68B | 199.02B | 200.05B |
| Cash, Cash Equivalents and Short-Term Investments | 2.47B | 39.19B | 33.79B | 25.79B | 97.91B |
| Total Debt | 22.19B | 15.29B | 14.49B | 14.88B | 16.17B |
| Total Liabilities | 168.05B | 178.15B | 166.99B | 148.50B | 140.34B |
| Stockholders Equity | 73.76B | 64.02B | 59.51B | 50.52B | 59.71B |
Cash Flow | |||||
| Free Cash Flow | 14.54B | 16.18B | 12.63B | 11.26B | 11.15B |
| Operating Cash Flow | 14.54B | 16.18B | 12.63B | 11.26B | 11.15B |
| Investing Cash Flow | -12.98B | -13.92B | -7.65B | -5.65B | -6.66B |
| Financing Cash Flow | -1.85B | -2.18B | -4.49B | -5.14B | -4.41B |
Chubb Technical Analysis
Positive
327.40
Price Trends
325.50
Positive
313.64
Positive
294.44
Positive
Market Momentum
0.10
Negative
52.11
Neutral
75.56
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CB, the sentiment is Positive. The current price of 327.4 is above the 20-day moving average (MA) of 325.92, above the 50-day MA of 325.50, and above the 200-day MA of 294.44, indicating a bullish trend. The MACD of 0.10 indicates Negative momentum. The RSI at 52.11 is Neutral, neither overbought nor oversold. The STOCH value of 75.56 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for CB.
Chubb Risk Analysis
Chubb disclosed 38 risk factors in its most recent earnings report. Chubb reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Chubb Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
81 Outperform | $24.97B | 15.63 | 18.88% | 1.88% | 11.08% | 22.01% | |
81 Outperform | $127.74B | 12.00 | 14.69% | 1.22% | 6.68% | -1.78% | |
80 Outperform | $54.64B | 5.29 | 39.47% | 1.91% | 7.07% | 100.42% | |
76 Outperform | $63.80B | 10.34 | 20.58% | 1.49% | 6.75% | 30.83% | |
74 Outperform | $23.96B | 12.95 | 11.85% | ― | -6.96% | -26.28% | |
72 Outperform | $115.34B | 11.81 | 44.53% | 2.20% | 18.35% | 32.36% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% |
* Financial Sector Average
CB
Chubb
327.40
46.43
16.53%
ALL
Allstate
210.53
21.26
11.23%
MKL
Markel
1,905.57
114.96
6.42%
PGR
Progressive
196.85
-56.80
-22.39%
TRV
Travelers Companies
295.05
50.82
20.81%
WRB
W. R. Berkley Corporation
66.68
1.49
2.29%
Chubb Corporate Events
Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Chubb Reduces Share Capital Through Treasury Share Cancellation
Positive
Mar 12, 2026
On March 10, 2026, Chubb Limited’s board executed a share capital reduction of CHF 5,993,287 by canceling 11,986,574 treasury shares with a par value of CHF 0.50 each that had been repurchased in 2025. The reduction aligns the company’...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.