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Chubb Ltd CB

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Morningstar’s Analysis

Valuation
Currency in USD
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1-Star Price

PREMIUM

5-Star Price

PREMIUM

Economic Moat

PREMIUM

Capital Allocation

PREMIUM

Chubb Ends Year on Strong Note

Brett Horn, CFA Senior Equity Analyst

Analyst Note

| Brett Horn, CFA |

Continuing a trend we’ve seen at peers, Chubb reported strong fourth-quarter results. The narrow-moat franchise generated a core tangible return on equity of 17% for the quarter. That figure was 10% for the full year, reflecting the COVID-19 losses recognized earlier. We will maintain our $147 fair value estimate.

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Company Profile

Business Description

ACE acquired Chubb in the first quarter of 2016 and assumed the Chubb name. The combination makes the new Chubb one of the largest domestic property and casualty insurers, with operations in 54 countries spanning commercial and personal P&C insurance, reinsurance, and life insurance.

Contact
Baerengasse 32
Zurich, CH-8001, Switzerland
T +41 434567600
Sector Financial Services
Industry Insurance - Property & Casualty
Most Recent Earnings Dec 31, 2020
Fiscal Year End Dec 31, 2021
Stock Type —
Employees 31,000

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