CHUBB LTD (CB) Stock News
NYSE:CB - New York Stock Exchange, Inc. - CH0044328745 - Common Stock - Currency: USD
CB Latest News, Press Releases and Analysis
Insurer Chubb's profit rises on strong underwriting business, investment income
However, the Zurich-based insurer said it expects a pre-tax net cost of $1.5 billion from the California fires, which will impact its first quarter of 2025. Insurance spending has shown resilience despite ongoing economic and environmental uncertainties, as businesses and individuals continue to prioritize coverage to mitigate risks ranging from natural disasters to cyberattacks and health emergencies. Chubb's Global P&C net premiums written, which excludes Agriculture, were up 6.7% year over year, with commercial insurance up 6.4% and consumer insurance up 7.5%.
Chubb Expects LA Wildfires to Cost It $1.5 Billion This Quarter
Chubb Ltd estimates that the wildfires that ravaged swaths of Los Angeles earlier this month will cost the insurer $1.5 billion in the first quarter.
Chubb Reports Fourth Quarter Per Share Net Income and Core Operating Income of $6.33 and $6.02, Respectively; Consolidated Net Premiums Written of $12.1 Billion, with Global P&C and Life Insurance Up 6.7% and 7.6%; P&C Combined Ratio of 85.7%;
QUARTER Net income and core operating income were $2.58 billion and $2.45 billion, or a record $3.05 billion and $3.00 billion on a pre-tax basis, respectively....
Tech Rebounds After Black Monday, Nvidia Rallies 6%, GM Plummets: What's Driving Markets Tuesday?
Tech stocks attempted a rebound after Monday's devastating crash triggered by DeepSeek, as investors show interest in dip-buying the hardest-hit names.
Chubb Announces Key Leadership Appointments in Overseas General Insurance
/PRNewswire/ -- Chubb today announced two leadership appointments within its Overseas General Insurance business (COG) to enhance underwriting consistency and...
39% of Warren Buffett's $296 Billion Is Invested in These 11 Financial Stocks. Here's the Best of the Bunch for 2025.
Warren Buffett is a money man -- in multiple ways. While his Berkshire Hathaway operates in a wide range of sectors, it's categorized in the financial services sector because of its huge insurance businesses. You might be surprised at just how important other financial stocks are to Buffett.
Earnings Preview: Chubb (CB) Q4 Earnings Expected to Decline
Chubb (CB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Warren Buffett Stock Enters Buy Range Amid Bank Boom
Berkshire Hathaway took a 'Rip Van Winkle' approach to Amex while selling other stocks. And it has paid off.
Insurance stocks with the most at risk as LA grapples with second week of wildfires
The current fires occurred in areas that are more densely populated with higher property values, hurting insurance providers with a high-net-worth focus.
Warren Buffett Bought 10 Stocks in 2024. Here's the Best of the Bunch for 2025.
Warren Buffett Bought 10 Stocks in 2024. Here's the Best of the Bunch for 2025.
Has Warren Buffett given up on the stock market? Buffett bought 10 stocks in all of 2024 (excluding buybacks of Berkshire's shares). Several of the stocks Buffett bought last year were existing positions for Berkshire.
Insurance stocks tumble as LA fires threaten record losses
Insurance stocks like Allstate, Progressive and Chubb fell on Thursday as analysts expect wildfires in LA to pose over a $20 billion hit to the industry.
Curious about which S&P500 stocks are generating unusual volume on Friday? Find out below.
In today's session, there are S&P500 stocks with remarkable trading volume. Explore the stocks exhibiting unusual volume in Friday's session.
Insurance stocks tumble as LA fires threaten record losses
Insurance stocks like Allstate, Progressive and Chubb fell on Thursday as analysts expect wildfires in LA to pose over a $20 billion hit to the industry.
Insurance stocks tumble as LA blazes 'among the most costly wildfires' in California history
Insurance and utility stocks with California exposure took a hit Friday as the Los Angeles fires continued to rage.
Insurance stocks sell off sharply as potential losses tied to LA wildfires increase
AllState, Chubb and Travelers are the most exposed carriers to insured losses in the wildfires, according to JPMorgan.
Top S&P500 movers in Friday's pre-market session
These S&P500 stocks are moving in today's pre-market session
5 Things to Know Before the Stock Market Opens
News of the day for Jan. 10, 2025
California Palisades Fire Update: Stock Market Impact
The Palisades fire is the worst in Los Angeles city history. Some utility and insurance stocks are starting to react.