P&C is a great space. KIE is a US insurance ETF and is hitting new highs, consolidating since June. Chubb is strong in P&C. Allstate is also good. He owns both.
Hurricanes result in claims, and then an increase in premiums. Trading at 1.5x book value, so this is a value pick. Only half a position. Yield is 2.3%. (Analysts’ price target is $156.93)
Hurricanes result in claims, and then an increase in premiums. Trading at 1.5x book value, so this is a value pick. Only half a position. Yield is 2.3%. (Analysts’ price target is $156.93)
(A Top Pick Dec 15/16. Up 13%.) One of the best underwriting firms out there. $4.8 billion of catastrophe losses, but only about 10% will hit their bottom line, because they bought insurance from the reinsurers to offset it. They might get a $400 million hit, but in the insurance business, they like catastrophes, because it gives them the opportunity to raise prices. For every $1 of policy they are writing, they get to keep $0.12.
(A Top Pick Dec 15/16. Up 13%.) One of the best underwriting firms out there. $4.8 billion of catastrophe losses, but only about 10% will hit their bottom line, because they bought insurance from the reinsurers to offset it. They might get a $400 million hit, but in the insurance business, they like catastrophes, because it gives them the opportunity to raise prices. For every $1 of policy they are writing, they get to keep $0.12.
(A Top Pick Dec 15/16. Up 11.58%.) One of the better property/casualty insurers globally. Their combined ratio is at 80%, which is second to none. BV grows at 10% a year. They are about to take a $1.8 billion write down because of the hurricanes and earthquakes, but it is nothing to them.
(A Top Pick Dec 15/16. Up 11.58%.) One of the better property/casualty insurers globally. Their combined ratio is at 80%, which is second to none. BV grows at 10% a year. They are about to take a $1.8 billion write down because of the hurricanes and earthquakes, but it is nothing to them.
One of the larger property and casualty insurers. It has the lowest combined ratios, and make $0.12 on every $1 premium written, which goes right into their investment portfolio. With BV growth of roughly 10% a year, you are getting a 10% dividend in growth rate over time. Safe and stable. Dividend yield of 2.09%. (Analysts’ price target is $139.)
One of the larger property and casualty insurers. It has the lowest combined ratios, and make $0.12 on every $1 premium written, which goes right into their investment portfolio. With BV growth of roughly 10% a year, you are getting a 10% dividend in growth rate over time. Safe and stable. Dividend yield of 2.09%. (Analysts’ price target is $139.)
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 4
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 4
Chubb Limited is a American stock, trading under the symbol CB-N on the New York Stock Exchange (CB). It is usually referred to as NYSE:CB or CB-N
In the last year, 4 stock analysts published opinions about CB-N. 4 analysts recommended to BUY the stock. 0 analyst recommended to SELL the stock. The latest stock analyst recommendation is BUY. Read the latest stock experts' ratings for Chubb Limited.
Chubb Limited was recommended as a Top Pick by David Burrows on 2020-02-12. Read the latest stock experts ratings for Chubb Limited.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
4 stock analysts on Stockchase covered Chubb Limited In the last year. It is a trending stock that is worth watching.
On 2020-04-07, Chubb Limited (CB-N) stock closed at a price of $112.03.
P&C is a great space. KIE is a US insurance ETF and is hitting new highs, consolidating since June. Chubb is strong in P&C. Allstate is also good. He owns both.