Loading...

Chubb

BST:AEX
Snowflake Description

Established dividend payer with proven track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
AEX
BST
$59B
Market Cap
  1. Home
  2. DE
  3. Insurance
Company description

Chubb Limited, through its subsidiaries, provides insurance and reinsurance products worldwide. The last earnings update was 49 days ago. More info.


Add to Portfolio Compare Print
AEX Share Price and Events
7 Day Returns
0%
BST:AEX
-0.3%
DE Insurance
0.4%
DE Market
1 Year Returns
-4.6%
BST:AEX
-8.9%
DE Insurance
-19.5%
DE Market
AEX Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Chubb (AEX) 0% 0% -1% -4.6% 12% -
DE Insurance -0.3% -6.4% -4.7% -8.9% 6.1% 32.9%
DE Market 0.4% -4.9% -12% -19.5% -4% 2.5%
1 Year Return vs Industry and Market
  • AEX outperformed the Insurance industry which returned -8.9% over the past year.
  • AEX outperformed the Market in Germany which returned -19.5% over the past year.
Price Volatility
AEX
Industry
5yr Volatility vs Market

Value

 Is Chubb undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Chubb to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Chubb.

BST:AEX Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Weighted future Return on Equity estimates from 11 analysts.
= Stable Book Value * Return on Equity
= $118.89 * 9.9%
$11.80
Book Value of Equity per Share Weighted future Book Value estimates from 11 analysts. $118.89
Discount Rate (Cost of Equity) See below 8.1%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.5%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for BST:AEX
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.5%
Equity Risk Premium S&P Global 9.5%
Insurance Unlevered Beta Simply Wall St/ S&P Global 0.54
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.543 (1 + (1- 18%) (28.08%))
0.668
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.54% + (0.8 * 9.46%)
8.11%

Discounted Cash Flow Calculation for BST:AEX using Excess Returns Model Model

The calculations below outline how an intrinsic value for Chubb is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

BST:AEX Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (9.9% – 8.11%) * $118.89)
$2.16
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= $2.16 / (8.11% - 0.54%)
$28.59
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= $118.89 + $28.59
$147.48
BST:AEX Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in BST:AEX represents 0.94587x of NYSE:CB
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.94587x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 147.48 x 0.94587
€139.50
Value per share (EUR) From above. €139.50
Current discount Discount to share price of €119.00
= -1 x (€119.00 - €139.50) / €139.50
14.7%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Chubb is available for.
Intrinsic value
15%
Share price is €119 vs Future cash flow value of €139.5
Current Discount Checks
For Chubb to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Chubb's share price is below the future cash flow value, but not at a moderate discount (< 20%).
  • Chubb's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Chubb's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Chubb's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BST:AEX PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in USD $11.06
NYSE:CB Share Price ** NYSE (2018-09-20) in USD $125.81
Germany Insurance Industry PE Ratio Median Figure of 6 Publicly-Listed Insurance Companies 10.35x
Germany Market PE Ratio Median Figure of 418 Publicly-Listed Companies 16.69x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Chubb.

BST:AEX PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:CB Share Price ÷ EPS (both in USD)

= 125.81 ÷ 11.06

11.38x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Chubb is overvalued based on earnings compared to the DE Insurance industry average.
  • Chubb is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Chubb's expected growth come at a high price?
Raw Data
BST:AEX PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 11.38x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 13 Analysts
6.1%per year
Germany Insurance Industry PEG Ratio Median Figure of 5 Publicly-Listed Insurance Companies 1.88x
Germany Market PEG Ratio Median Figure of 278 Publicly-Listed Companies 1.31x

*Line of best fit is calculated by linear regression .

BST:AEX PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 11.38x ÷ 6.1%

1.85x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Chubb is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Chubb's assets?
Raw Data
BST:AEX PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in USD $110.46
NYSE:CB Share Price * NYSE (2018-09-20) in USD $125.81
Germany Insurance Industry PB Ratio Median Figure of 6 Publicly-Listed Insurance Companies 1.02x
Germany Market PB Ratio Median Figure of 567 Publicly-Listed Companies 1.73x
BST:AEX PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:CB Share Price ÷ Book Value per Share (both in USD)

= 125.81 ÷ 110.46

1.14x

* Primary Listing of Chubb.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Chubb is overvalued based on assets compared to the DE Insurance industry average.
X
Value checks
We assess Chubb's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Insurance industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Insurance industry average (and greater than 0)? (1 check)
  5. Chubb has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Chubb expected to perform in the next 1 to 3 years based on estimates from 13 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
6.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Chubb expected to grow at an attractive rate?
  • Chubb's earnings growth is expected to exceed the low risk savings rate of 0.5%.
Growth vs Market Checks
  • Chubb's earnings growth is positive but not above the Germany market average.
  • Chubb's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
BST:AEX Future Growth Rates Data Sources
Data Point Source Value (per year)
BST:AEX Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 13 Analysts 6.1%
BST:AEX Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 13 Analysts 2.7%
Germany Insurance Industry Earnings Growth Rate Market Cap Weighted Average 5.7%
Germany Insurance Industry Revenue Growth Rate Market Cap Weighted Average 4%
Germany Market Earnings Growth Rate Market Cap Weighted Average 10.6%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BST:AEX Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 13 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BST:AEX Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31
2020-12-31 30,857 5,345 6
2019-12-31 29,555 4,982 8
2018-12-31 28,389 4,657 7
BST:AEX Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-09-30 33,115 4,989 5,140
2018-06-30 33,013 5,060 3,839
2018-03-31 32,637 4,041 3,850
2017-12-31 32,340 4,503 3,861
2017-09-30 32,455 4,866 3,938
2017-06-30 32,370 4,779 5,368
2017-03-31 32,146 5,285 4,789
2016-12-31 31,480 5,292 4,135
2016-09-30 28,015 5,002 3,208
2016-06-30 24,288 4,126 2,376
2016-03-31 21,442 3,809 2,592
2015-12-31 18,968 3,864 2,834

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Chubb's earnings are expected to grow by 6.1% yearly, however this is not considered high growth (20% yearly).
  • Chubb's revenue is expected to grow by 2.7% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BST:AEX Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 13 Analyst Estimates (S&P Global) See Below

All data from Chubb Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BST:AEX Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31
2020-12-31 11.66 12.30 10.97 7.00
2019-12-31 10.84 11.34 10.18 11.00
2018-12-31 9.76 10.20 9.35 9.00
BST:AEX Past Financials Data
Date (Data in USD Millions) EPS *
2018-09-30 11.06
2018-06-30 8.24
2018-03-31 8.26
2017-12-31 8.27
2017-09-30 8.42
2017-06-30 11.47
2017-03-31 10.23
2016-12-31 8.94
2016-09-30 7.52
2016-06-30 6.08
2016-03-31 7.30
2015-12-31 8.70

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Chubb is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Chubb's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Chubb has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Chubb performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Chubb's growth in the last year to its industry (Insurance).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Chubb's year on year earnings growth rate has been positive over the past 5 years.
  • Chubb's 1-year earnings growth exceeds its 5-year average (30.5% vs 7.4%)
  • Chubb's earnings growth has exceeded the DE Insurance industry average in the past year (30.5% vs 5.1%).
Earnings and Revenue History
Chubb's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Chubb Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BST:AEX Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 33,115.00 5,140.00 3,011.00
2018-06-30 33,013.00 3,839.00 3,006.00
2018-03-31 32,637.00 3,850.00 2,965.00
2017-12-31 32,340.00 3,861.00 2,949.00
2017-09-30 32,455.00 3,938.00 2,986.00
2017-06-30 32,370.00 5,368.00 3,044.00
2017-03-31 32,146.00 4,789.00 3,167.00
2016-12-31 31,480.00 4,135.00 3,263.00
2016-09-30 28,015.00 3,208.00 3,021.00
2016-06-30 24,288.00 2,376.00 2,817.00
2016-03-31 21,442.00 2,592.00 2,566.00
2015-12-31 18,968.00 2,834.00 2,348.00
2015-09-30 19,010.00 2,706.00 2,389.00
2015-06-30 19,382.00 2,963.00 2,375.00
2015-03-31 19,160.00 2,800.00 2,363.00
2014-12-31 19,173.00 2,853.00 2,344.00
2014-09-30 19,522.00 3,296.00 2,353.00
2014-06-30 19,514.00 3,427.00 2,362.00
2014-03-31 19,376.00 3,539.00 2,360.00
2013-12-31 19,277.00 3,758.00 2,368.00
2013-09-30 18,892.00 3,525.00 2,223.00
2013-06-30 18,858.00 3,249.00 2,179.00
2013-03-31 18,076.00 2,686.00 2,129.00
2012-12-31 17,965.00 2,706.00 2,215.00
2012-09-30 17,785.00 2,676.00 2,074.00
2012-06-30 16,888.00 1,997.00 2,075.00
2012-03-31 17,229.00 2,263.00 2,079.00
2011-12-31 16,798.00 1,540.00 2,068.00

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Chubb has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Chubb used its assets more efficiently than the DE Insurance industry average last year based on Return on Assets.
  • Chubb's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Chubb's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Insurance industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Chubb has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Chubb's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Chubb's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Chubb's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Chubb's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Chubb's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Chubb Company Filings, last reported 2 months ago.

BST:AEX Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 50,934.00 16,514.00 4,558.00
2018-06-30 50,971.00 16,860.00 4,171.00
2018-03-31 51,287.00 18,214.00 4,862.00
2017-12-31 51,172.00 16,022.00 4,622.00
2017-09-30 50,471.00 16,052.00 4,079.00
2017-06-30 50,349.00 15,851.00 3,948.00
2017-03-31 49,224.00 15,384.00 3,843.00
2016-12-31 48,275.00 15,914.00 4,258.00
2016-09-30 48,372.00 15,976.00 4,418.00
2016-06-30 47,226.00 15,987.00 4,642.00
2016-03-31 45,897.00 15,851.00 4,473.00
2015-12-31 29,135.00 12,147.00 12,478.00
2015-09-30 29,127.00 7,581.00 2,846.00
2015-06-30 29,555.00 7,649.00 2,852.00
2015-03-31 29,702.00 8,052.00 3,484.00
2014-12-31 29,587.00 7,549.00 3,238.00
2014-09-30 30,017.00 7,658.00 3,559.00
2014-06-30 30,325.00 7,658.00 2,702.00
2014-03-31 29,369.00 7,569.00 3,373.00
2013-12-31 28,825.00 7,650.00 2,588.00
2013-09-30 28,218.00 7,538.00 2,542.00
2013-06-30 27,295.00 7,682.00 3,104.00
2013-03-31 27,942.00 7,807.00 3,748.00
2012-12-31 27,531.00 6,865.00 3,055.00
2012-09-30 26,963.00 7,115.00 3,119.00
2012-06-30 25,762.00 7,323.00 2,877.00
2012-03-31 25,431.00 7,411.00 2,814.00
2011-12-31 24,332.00 6,305.00 3,077.00
  • Chubb's level of debt (32.4%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (26.7% vs 32.4% today).
  • Debt is well covered by operating cash flow (30.2%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 8.7x coverage).
X
Financial health checks
We assess Chubb's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Chubb has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Chubb's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
2.32%
Current annual income from Chubb dividends. Estimated to be 2.42% next year.
If you bought €2,000 of Chubb shares you are expected to receive €46 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Chubb's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.71%).
  • Chubb's dividend is below the markets top 25% of dividend payers in Germany (4.12%).
Upcoming dividend payment

Purchase Chubb on or before the 'Buy Limit' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BST:AEX Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 13 Analyst Estimates (S&P Global) See Below
Germany Insurance Industry Average Dividend Yield Market Cap Weighted Average of 6 Stocks 4.6%
Germany Market Average Dividend Yield Market Cap Weighted Average of 328 Stocks 3.2%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 4.1%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BST:AEX Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 3.18 1.00
2020-12-31 3.18 9.00
2019-12-31 3.07 12.00
2018-12-31 2.92 13.00
BST:AEX Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2018-11-15 2.920 2.220
2018-08-09 2.920 2.208
2018-05-17 2.920 2.207
2018-02-22 2.840 2.066
2017-11-16 2.840 1.918
2017-08-10 2.840 1.939
2017-05-18 2.840 1.954
2017-02-23 2.760 2.008
2016-11-17 2.760 2.100
2016-08-11 2.760 2.199
2016-05-19 2.760 2.174
2016-02-25 2.680 2.233
2015-11-19 2.680 2.353
2015-08-13 2.680 2.511
2015-05-21 2.680 2.527
2015-02-26 2.600 2.350
2014-11-24 2.600 2.295
2014-08-14 2.600 2.434
2014-05-15 2.600 2.515
2014-02-27 2.520 2.528
2013-11-21 2.520 2.562
2013-08-15 2.040 2.179
2013-05-16 2.040 2.257
2013-02-28 2.040 2.290
2012-11-15 1.960 2.382
2012-08-09 1.960 2.568
2012-05-16 1.960 2.709
2012-02-23 1.960 2.657
2011-11-17 1.880 2.685
2011-08-11 1.400 2.172
2011-05-18 1.400 2.133
2011-02-24 1.400 2.167
2010-11-18 1.320 2.148
2010-08-12 1.320 2.290
2010-05-19 1.320 2.537
2010-02-25 1.320 2.530
2009-11-19 1.240 2.521
2009-08-13 1.240 2.386
2009-05-20 1.240 2.735
2009-02-26 1.000 2.450
2009-01-05 1.080 2.432
2008-12-19 1.040 1.991

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Chubb's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (3.8x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (3.7x coverage).
X
Income/ dividend checks
We assess Chubb's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Chubb afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Chubb has a total score of 5/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Chubb's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Evan Greenberg
COMPENSATION $19,116,401
AGE 63
TENURE AS CEO 14.6 years
CEO Bio

Mr. Evan G. Greenberg serves as the Chief Executive Officer of Chubb Tempest Reinsurance Limited and served as its President. Mr. Greenberg has been the Chief Executive Officer at Chubb Limited since May 27, 2004 and served as its President since June 23, 2003. He has been an Executive Director of Chubb Limited for Chubb INA Holdings Inc., since August 2002. He served as Chairman and Chief Executive Officer of ACE Group at ACE USA Inc. He served as the President of Chartis Property Casualty Company. He served as the Chief Operating Officer of Chubb Limited from June 23, 2003 to May 2004. He served as the Chief Executive Officer of ACE Tempest Re Group, a subsidiary of Chubb Limited, since November 2001. Mr. Greenberg served as the Chief Executive Officer of ACE Overseas General, a subsidiary of Chubb Limited since April 2002. He served as the President and Chief Operating Officer of American International Group, Inc. from 1997 to 2000. He served as an Executive Vice President of AIG and also served as the Chief Operating Officer and subsequently Chief Executive Officer of AIG Companies in Japan and Korea. From 1975 to 1997, he served a variety of senior management positions with AIG and served as Chief Operating Officer of American International Underwriters Inc. (AIU), AIG's Foreign General Insurance Organization and President and Chief Executive Officer of AIU. He has been the Chairman of Chubb Limited since May 2007. He serves as Chief Executive Officer, Chairman and Director of Chubb Group. He serves as the Chairman of American Insurance Association. He serves as Chairman of Chubb Tempest Reinsurance Limited. He served as the Chairman of Chubb Tempest Reinsurance Limited from June 2003 to May 2004. He served as a Vice Chairman of Chubb Limited since November 2001 and American Insurance Association. He served as a Director of The Coca-Cola Company from February 17, 2011 to October 1, 2016. He served as Vice Chairman of ACE Limited. Mr. Greenberg served as a Provisional Director of Assured Guaranty Ltd. since August 2003 and also served as a Member of Board of Directors at AIG. He serves as the Chairman of the P&C CEO Roundtable and Vice Chairman of the US-ASEAN Business Council. He serves as a Trustee of Lauder Institute and trustee of the Eisenhower Fellowships. He also serves as a Member of the Business Roundtable. He serves as a Director of US-China Business Council, Inc. and Financial Services Roundtable. He served as a Director of The Philharmonic-Symphony Society of New York, Inc. Mr. Greenberg serves as a Member of Council on Foreign Relations, Asia Society President's Circle and Nixon Center.

CEO Compensation
  • Evan's compensation has been consistent with company performance over the past year.
  • Evan's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Chubb management team in years:

9
Average Tenure
58
Average Age
  • The average tenure for the Chubb management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Evan Greenberg

TITLE
Chairman
COMPENSATION
$19M
AGE
63
TENURE
14.6 yrs

Phil Bancroft

TITLE
Executive VP & CFO
COMPENSATION
$5M
AGE
58
TENURE
16.9 yrs

John Keogh

TITLE
Executive Vice Chairman & COO
COMPENSATION
$8M
AGE
53
TENURE
7.4 yrs

John Lupica

TITLE
Vice Chairman and President of North America Major Accounts & Specialty Insurance
COMPENSATION
$6M
AGE
52
TENURE
14.7 yrs

Paul Krump

TITLE
President of North America Commercial & Personal Insurance and Executive VP of Chubb Group
COMPENSATION
$7M
AGE
58
TENURE
2.9 yrs

Helen Wilson

TITLE
Senior Vice President

Joe Wayland

TITLE
Executive VP
AGE
60
TENURE
5.4 yrs

Sean Ringsted

TITLE
Executive VP
COMPENSATION
$4M
AGE
54

Andreas Lewin

TITLE
Managing Director of ACE Tempest Re Europe
TENURE
10.5 yrs

Marcos Gunn

TITLE
President of Northern Latin America Region & COO of Latin America
TENURE
2.9 yrs
Board of Directors Tenure

Average tenure and age of the Chubb board of directors in years:

11.6
Average Tenure
69
Average Age
  • The average tenure for the Chubb board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Evan Greenberg

TITLE
Chairman
COMPENSATION
$19M
AGE
63
TENURE
11.6 yrs

Gary Schmalzriedt

TITLE
Chairman of ACE INA Holdings
COMPENSATION
$5M
AGE
71
TENURE
15 yrs

Brian Seach

TITLE
Non-Executive Chairman of ACE South Africa Operations
AGE
70
TENURE
12.9 yrs

Michael Coleman

TITLE
Chairman of Chubb Agriculture
TENURE
0.5 yrs

Tai-Kuan Ly

TITLE
President & Director for General Insurance - Indonesia

Mary Cirillo-Goldberg

TITLE
Director
COMPENSATION
$329K
AGE
71
TENURE
12.6 yrs

Olivier Steimer

TITLE
Director
COMPENSATION
$329K
AGE
63
TENURE
10.4 yrs

Mike Connors

TITLE
Director
COMPENSATION
$306K
AGE
63
TENURE
7.6 yrs

Bob Scully

TITLE
Director
COMPENSATION
$299K
AGE
68
TENURE
4.6 yrs

Robert Hernandez

TITLE
Independent Lead Director
COMPENSATION
$420K
AGE
73
TENURE
14.6 yrs
Who owns this company?
Recent Insider Trading
  • Chubb insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
30. Nov 18 Sell Michael Atieh Individual 28. Nov 18 28. Nov 18 -1,200 €118.12 €-141,741
21. Nov 18 Sell Juan Andrade Individual 20. Nov 18 20. Nov 18 -40 €116.66 €-4,667
12. Oct 18 Buy John Keogh Individual 09. May 18 09. May 18 74 €111.75 €8,269
21. Sep 18 Sell Evan Greenberg Individual 19. Sep 18 19. Sep 18 -61,310 €120.66 €-7,391,137
01. Aug 18 Sell Paul Krump Individual 31. Jul 18 31. Jul 18 -126 €119.66 €-15,078
11. Jun 18 Sell Paul Krump Individual 28. Nov 17 23. Mar 18 -9 €122.16 €-1,013
11. Jun 18 Buy Paul Krump Individual 23. Jun 17 21. Dec 17 135 €123.89 €16,515
06. Jun 18 Sell Michael Atieh Individual 04. Jun 18 04. Jun 18 -920 €111.95 €-102,993
16. Mar 18 Sell Philip Bancroft Individual 15. Mar 18 15. Mar 18 -55,675 €114.40 €-6,369,276
X
Management checks
We assess Chubb's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Chubb has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

External News
Loading...
Simply Wall St News

Company Info

Map
Description

Chubb Limited, through its subsidiaries, provides insurance and reinsurance products worldwide. Its North America Commercial P&C Insurance segment offers commercial property, marine, general casualty, workers’ compensation, package policies, and risk management; and professional lines, marine, construction, environmental, medical, cyber risk, and excess casualty, as well as group accident and health insurance to large, middle market, and small commercial businesses in the United States, Canada, and Bermuda. Its North America Personal P&C Insurance segment provides affluent and high net worth individuals and families with homeowners, automobile and collector cars, valuable articles, personal and excess liability, travel insurance, and recreational marine insurance and services in the United States and Canada. Its North America Agricultural Insurance segment offers multiple peril crop and crop-hail insurance; and coverage for farm and ranch property, as well as commercial agriculture products. Its Overseas General Insurance segment provides coverage for traditional commercial property and casualty; and specialty categories, such as financial lines, marine, energy, aviation, political risk, and construction risk, as well as group accident and health, and traditional and specialty personal lines for large corporations, middle markets, and small customers through retail brokers, agents, and other channels. Its Global Reinsurance segment offers traditional and specialty reinsurance under the Chubb Tempest Re brand name to property and casualty companies. Its Life Insurance segment provides protection and savings products comprising whole life, endowment plans, individual term life, group term life, medical and health, personal accident, credit life, universal life, and unit linked contracts. The company was formerly known as ACE Limited and changed its name to Chubb Limited in January 2016. Chubb Limited was founded in 1985 and is headquartered in Zurich, Switzerland.

Details
Name: Chubb Limited
AEX
Exchange: BST
Founded: 1985
$51,743,316,355
460,805,372
Website: http://www2.chubb.com
Address: Chubb Limited
Baerengasse 32,
Zurich,
Zurich, 8001,
Switzerland
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE CB Ordinary Shares New York Stock Exchange US USD 25. Mar 1993
DB AEX Ordinary Shares Deutsche Boerse AG DE EUR 25. Mar 1993
BST AEX Ordinary Shares Boerse-Stuttgart DE EUR 25. Mar 1993
LSE 0VQD Ordinary Shares London Stock Exchange GB USD 25. Mar 1993
Number of employees
Current staff
Staff numbers
31,000
Chubb employees.
Industry
Property and Casualty Insurance
Insurance
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2018/12/18 22:40
End of day share price update: 2018/09/20 00:00
Last estimates confirmation: 2018/12/14
Last earnings filing: 2018/10/30
Last earnings reported: 2018/09/30
Last annual earnings reported: 2017/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.