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
|
TRV
|
|---|---|---|---|
Price/Earnings (Normalized) | 11.66 | 22.83 | 9.05 |
Price/Book Value | 1.72 | 1.45 | 2.02 |
Price/Sales | 2.13 | 2.51 | 1.39 |
Price/Cash Flow | 11.60 | 24.28 | 4.37 |
|
Metric
|
CB
|
BRK.B
|
TRV
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | 19.40 | 18.53 | 22.37 |
|
Metric
|
CB
|
BRK.B
|
TRV
|
|---|---|---|---|
Return on Assets (Normalized) | 4.19% | 6.03% | 5.40% |
Return on Equity (Normalized) | 15.73% | 10.50% | 24.66% |
Return on Invested Capital (Normalized) | 12.00% | 9.35% | 20.09% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
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PGR
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TKOMY
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TKOMF
| — | Qssk | $84B | |||
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TRV
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ALL
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PPCCY
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PINXF
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WRB
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MKL
| Lkpdpstw | Qgmm | $23B |
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United States