In 2016, ACE acquired Chubb in a deal valued at about $28 billion and assumed its name. From a long-term perspective, we were most enthusiastic about the fact that the combination created a moaty international insurer with exposure across most insurance lines for the first time, marking Chubb as potentially the most attractive long-term core holding in the space from a fundamental point of view.
Chubb is one of the few companies with global footprint large enough to service multinational corporations. Its network has created a barrier to entry for potential competitors.
Large corporations often have substantial bargaining power, which may hurt Chubb when negotiating on premium pricing.
|
Metric
|
CB
|
BRK.B
|
AIG
|
|---|---|---|---|
Price/Earnings (Normalized) | 11.39 | 22.51 | 9.12 |
Price/Book Value | 1.70 | 1.44 | 0.97 |
Price/Sales | 2.11 | 2.46 | 1.54 |
Price/Cash Flow | 10.61 | 26.53 | 5.23 |
|
Metric
|
CB
|
BRK.B
|
AIG
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | 18.85 | 21.59 | 9.98 |
|
Metric
|
CB
|
BRK.B
|
AIG
|
|---|---|---|---|
Return on Assets (Normalized) | 4.23% | 7.02% | 2.77% |
Return on Equity (Normalized) | 15.81% | 12.09% | 11.02% |
Return on Invested Capital (Normalized) | 12.04% | 10.72% | 8.99% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| Progressive Corp
PGR
| LOCK|J%<M&#x | LOCK|h$%$D | $122B | |||
| Tokio Marine Holdings Inc ADR
TKOMY
| — | LOCK|dn^pG%t | — | $94B | ||
| Tokio Marine Holdings Inc
TKOMF
| — | — | — | $94B | ||
| The Travelers Companies Inc
TRV
| LOCK|<Gh^!p< | LOCK|>!xM | $75B | |||
| Allstate Corp
ALL
| LOCK|gYm#?Tp | LOCK|B@ | $57B | |||
| The People's Insurance Co (Group) of China Ltd ADR
PINXY
| — | LOCK|%@ | $48B | |||
| The People's Insurance Co (Group) of China Ltd Class H
PINXF
| — | LOCK|M$ | $48B | |||
| WR Berkley Corp
WRB
| LOCK|L?$%V>n | LOCK|<cpl | $26B | |||
| Markel Group Inc
MKL
| LOCK|lNs@LY | LOCK|Hp@ | $21B |
United States