Chubb Ltd

CB: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$536.00	Fshtvw	Gvdmznrd

Chubb Delivers Solid Third Quarter

Brett Horn

Oct 26, 2021

Chubb continued to leverage a harder pricing market to drive solid third-quarter results, with the narrow-moat franchise generating an annualized ROE of 12% in the quarter despite an uptick in catastrophe losses, or 13% on a core tangible basis. We will maintain our $178 fair value estimate.

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