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Chubb

LSE:0VQD
Snowflake Description

Established dividend payer and good value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
0VQD
LSE
$64B
Market Cap
  1. Home
  2. GB
  3. Insurance
Company description

Chubb Limited, through its subsidiaries, provides insurance and reinsurance products worldwide. The last earnings update was 50 days ago. More info.


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0VQD Share Price and Events
7 Day Returns
0%
LSE:0VQD
3.8%
GB Insurance
1.9%
GB Market
1 Year Returns
-0.7%
LSE:0VQD
-4.5%
GB Insurance
2.5%
GB Market
0VQD Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Chubb (0VQD) 0% 0.7% 3.1% -0.7% - -
GB Insurance 3.8% 3.5% 10.1% -4.5% 14.3% 23.7%
GB Market 1.9% 3% 7.9% 2.5% 15.6% 6.8%
1 Year Return vs Industry and Market
  • 0VQD outperformed the Insurance industry which returned -4.5% over the past year.
  • 0VQD underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned 2.5% over the past year.
Price Volatility
0VQD
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.

LSE:0VQD Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Weighted future Return on Equity estimates from 12 analysts.
= Stable Book Value * Return on Equity
= $120.30 * 10%
$12.06
Book Value of Equity per Share Weighted future Book Value estimates from 12 analysts. $120.30
Discount Rate (Cost of Equity) See below 6.7%
Perpetual Growth Rate 10-Year GB Government Bond Rate 1.2%

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 LSE:0VQD
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GB Govt Bond Rate 1.2%
Equity Risk Premium S&P Global 6%
Insurance Unlevered Beta Simply Wall St/ S&P Global 0.72
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.725 (1 + (1- 18%) (25.75%))
0.918
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.92
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.23% + (0.918 * 5.96%)
6.7%

Discounted Cash Flow Calculation for LSE:0VQD 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.

LSE:0VQD Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (10% – 6.7%) * $120.30)
$4.00
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= $4.00 / (6.7% - 1.23%)
$73.03
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= $120.30 + $73.03
$193.34
LSE:0VQD Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in LSE:0VQD represents 0.98536x of NYSE:CB
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.98536x
Value per Share
(Listing Adjusted, USD)
= Value per Share (USD) x Listing Adjustment Factor
= $ 193.34 x 0.98536
$190.51
Value per share (USD) From above. $190.51
Current discount Discount to share price of $136.63
= -1 x ($136.63 - $190.51) / $190.51
28.3%

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
28%
Share price is $136.63 vs Future cash flow value of $190.51
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, and 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
LSE:0VQD PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $8.55
NYSE:CB Share Price ** NYSE (2019-04-04) in USD $138.66
United Kingdom of Great Britain and Northern Ireland Insurance Industry PE Ratio Median Figure of 19 Publicly-Listed Insurance Companies 16.26x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 796 Publicly-Listed Companies 16.29x

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

** Primary Listing of Chubb.

LSE:0VQD PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

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

= 138.66 ÷ 8.55

16.23x

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

  • Chubb is good value based on earnings compared to the GB Insurance industry average.
  • Chubb is good value based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does Chubb's expected growth come at a high price?
Raw Data
LSE:0VQD PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 16.23x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 15 Analysts
10.3%per year
United Kingdom of Great Britain and Northern Ireland Insurance Industry PEG Ratio Median Figure of 16 Publicly-Listed Insurance Companies 1.54x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 563 Publicly-Listed Companies 1.47x

*Line of best fit is calculated by linear regression .

LSE:0VQD PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 16.23x ÷ 10.3%

1.58x

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
LSE:0VQD PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $109.56
NYSE:CB Share Price * NYSE (2019-04-04) in USD $138.66
United Kingdom of Great Britain and Northern Ireland Insurance Industry PB Ratio Median Figure of 24 Publicly-Listed Insurance Companies 2.12x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,365 Publicly-Listed Companies 1.51x
LSE:0VQD PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 138.66 ÷ 109.56

1.27x

* Primary Listing of Chubb.

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

  • Chubb is good value based on assets compared to the GB 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 4/6, 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 15 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
10.3%
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 1.2%.
Growth vs Market Checks
  • Chubb's earnings growth is positive but not above the United Kingdom of Great Britain and Northern Ireland market average.
  • Chubb's revenues are expected to decrease over the next 1-3 years, this is below the United Kingdom of Great Britain and Northern Ireland market average.
Annual Growth Rates Comparison
Raw Data
LSE:0VQD Future Growth Rates Data Sources
Data Point Source Value (per year)
LSE:0VQD Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 15 Analysts 10.3%
LSE:0VQD Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 15 Analysts -0.1%
United Kingdom of Great Britain and Northern Ireland Insurance Industry Earnings Growth Rate Market Cap Weighted Average 11.8%
United Kingdom of Great Britain and Northern Ireland Insurance Industry Revenue Growth Rate Market Cap Weighted Average 18.3%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 10.9%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*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
LSE:0VQD Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 15 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
LSE:0VQD Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 5,385
2020-12-31 32,551 4,988 8
2019-12-31 30,472 4,635 7
LSE:0VQD Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 32,679 5,480 3,962
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

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Chubb's earnings are expected to grow by 10.3% yearly, however this is not considered high growth (20% yearly).
  • Chubb's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
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
LSE:0VQD Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 15 Analyst Estimates (S&P Global) See Below

All data from Chubb Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

LSE:0VQD Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 12.38 12.38 12.38 1.00
2020-12-31 11.21 12.00 10.23 12.00
2019-12-31 10.19 11.00 9.19 11.00
LSE:0VQD Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 8.55
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

*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 United Kingdom of Great Britain and Northern Ireland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United Kingdom of Great Britain and Northern Ireland 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 is less than its 5-year average (2.6% vs 7.9%)
  • Chubb's earnings growth has not exceeded the GB Insurance industry average in the past year (2.6% vs 5.3%).
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 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

LSE:0VQD Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 32,679.00 3,962.00 3,000.00
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

*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 GB 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 2/6, 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 2.1x 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 3 months ago.

LSE:0VQD Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 50,312.00 16,363.00 4,263.00
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 4,289.00
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
  • Chubb's level of debt (32.5%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (26.5% vs 32.5% today).
  • Debt is well covered by operating cash flow (33.5%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 7.6x 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
2.16%
Current annual income from Chubb dividends. Estimated to be 2.24% next year.
If you bought $2,000 of Chubb shares you are expected to receive $43 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 United Kingdom of Great Britain and Northern Ireland (2.02%).
  • Chubb's dividend is below the markets top 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (5.19%).
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
LSE:0VQD 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 15 Analyst Estimates (S&P Global) See Below
United Kingdom of Great Britain and Northern Ireland Insurance Industry Average Dividend Yield Market Cap Weighted Average of 21 Stocks 4.5%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 705 Stocks 4.2%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 1%
United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield 25th Percentile 2%
United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield 75th Percentile 5.2%

Industry and Market average data is calculated daily.

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

LSE:0VQD Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 3.26 3.00
2020-12-31 3.14 15.00
2019-12-31 3.03 15.00
LSE:0VQD Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-02-28 3.000 2.197
2018-11-15 2.920 2.232
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
2009-04-20 1.000 2.254

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 (2.9x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (3.6x coverage).
X
Income/ dividend checks
We assess Chubb's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1%) - 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 14.9 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 United Kingdom of Great Britain and Northern Ireland.
Management Team Tenure

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

6.8
Average Tenure
60
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 & CEO
COMPENSATION
$19M
AGE
63
TENURE
14.9 yrs

Phil Bancroft

TITLE
EVP & CFO
COMPENSATION
$5M
AGE
58
TENURE
17.3 yrs

John Keogh

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

John Lupica

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

Paul Krump

TITLE
EVP of Chubb Group and President of N.A. Commercial & Personal Insurance
COMPENSATION
$7M
AGE
58
TENURE
3.3 yrs

Paul Medini

TITLE
Chief Accounting Officer
COMPENSATION
$2M
AGE
60

Karen Beyer

TITLE
Senior Vice President of Investor Relations

Joe Wayland

TITLE
Executive VP
AGE
60
TENURE
5.8 yrs

Tim Boroughs

TITLE
Executive VP & Chief Investment Officer of Chebb Group
AGE
68

Ken Koreyva

TITLE
Senior Vice President of Chubb Group Finance
AGE
62
TENURE
0.1 yrs
Board of Directors Tenure

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

11.9
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 & CEO
COMPENSATION
$19M
AGE
63
TENURE
11.9 yrs

Michael Coleman

TITLE
VP of Chubb Group
TENURE
0.8 yrs

Gary Schmalzriedt

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

Brian Seach

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

Tai-Kuan Ly

TITLE
President & Director for General Insurance - Indonesia

Mary Cirillo-Goldberg

TITLE
Director
COMPENSATION
$355K
AGE
71
TENURE
12.9 yrs

Olivier Steimer

TITLE
Director
COMPENSATION
$329K
AGE
63
TENURE
10.8 yrs

Mike Connors

TITLE
Director
COMPENSATION
$306K
AGE
63
TENURE
7.9 yrs

Bob Scully

TITLE
Director
COMPENSATION
$299K
AGE
68
TENURE
4.9 yrs

Robert Hernandez

TITLE
Independent Lead Director
COMPENSATION
$420K
AGE
73
TENURE
14.9 yrs
Who owns this company?
Recent Insider Trading
  • Chubb insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
15. Mar 19 Sell John Lupica Individual 13. Mar 19 13. Mar 19 -17,879 $134.95 $-2,412,771
30. Nov 18 Sell Michael Atieh Individual 28. Nov 18 28. Nov 18 -1,200 $133.27 $-159,924
21. Nov 18 Sell Juan Andrade Individual 20. Nov 18 20. Nov 18 -40 $132.95 $-5,318
12. Oct 18 Buy John Keogh Individual 09. May 18 09. May 18 74 $132.51 $9,806
21. Sep 18 Sell Evan Greenberg Individual 19. Sep 18 19. Sep 18 -61,310 $140.87 $-8,629,466
01. Aug 18 Sell Paul Krump Individual 31. Jul 18 31. Jul 18 -126 $140.04 $-17,645
06. Jun 18 Sell Michael Atieh Individual 04. Jun 18 04. Jun 18 -920 $130.86 $-120,389
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

Simply Wall St News

Company Info

Description

Chubb Limited, through its subsidiaries, provides insurance and reinsurance products worldwide. The company’s North America Commercial P&C Insurance segment offers commercial property, marine, general casualty, workers’ compensation, package policies, and risk management; professional lines, marine, construction, environmental, medical, cyber risk, surety, and excess casualty; and 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. The company’s North America Agricultural Insurance segment offers multiple peril crop and crop-hail insurance; and coverage for farm and ranch property, and commercial agriculture products. Its Overseas General Insurance segment provides coverage for traditional commercial property and casualty; specialty categories, such as financial lines, marine, energy, aviation, political risk, and construction risk; and group accident and health, and traditional and specialty personal lines for corporations, middle markets, and small customers through retail brokers, agents, and other channels. The company’s 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
0VQD
Exchange: LSE
Founded: 1985
$63,538,669,034
458,233,586
Website: http://www.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
32,700
Chubb employees.
Industry
Property and Casualty Insurance
Insurance
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/19 22:19
End of day share price update: 2019/04/04 00:00
Last estimates confirmation: 2019/04/17
Last earnings filing: 2019/02/28
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


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.