NYSE:CB

Stock Analysis Report

Executive Summary

Chubb Limited, through its subsidiaries, provides insurance and reinsurance products worldwide.

Snowflake

Fundamentals

Established dividend payer with acceptable track record.


Similar Companies

Share Price & News

How has Chubb's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-0.03%

CB

0.5%

US Insurance

1.3%

US Market


1 Year Return

24.5%

CB

15.0%

US Insurance

5.9%

US Market

Return vs Industry: CB exceeded the US Insurance industry which returned 15% over the past year.

Return vs Market: CB exceeded the US Market which returned 5.9% over the past year.


Shareholder returns

CBIndustryMarket
7 Day-0.03%0.5%1.3%
30 Day-2.2%-1.5%-1.9%
90 Day3.3%-3.3%-1.8%
1 Year27.1%24.5%17.8%15.0%8.3%5.9%
3 Year32.0%24.0%42.1%31.2%45.6%36.2%
5 Year62.5%45.7%74.2%53.4%66.1%47.9%

Price Volatility Vs. Market

How volatile is Chubb's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Chubb undervalued compared to its fair value and its price relative to the market?

9.5%

Undervalued compared to fair value


Share Price vs. Fair Value

Undervalued: CB ($155.44) is trading below our estimate of fair value ($171.74)

Significantly Undervalued: CB is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: CB is poor value based on its PE Ratio (18.9x) compared to the Insurance industry average (15.6x).

PE vs Market: CB is poor value based on its PE Ratio (18.9x) compared to the US market (17.5x).


Price to Earnings Growth Ratio

Low PEG Ratio: CB is poor value based on its PEG Ratio (2x)


Price to Book Ratio

PB vs Industry: CB is overvalued based on its PB Ratio (1.3x) compared to the US Insurance industry average (1.2x).


Next Steps

Future Growth

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

9.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CB's forecast earnings growth (9.6% per year) is above the savings rate (2.7%).

Earnings vs Market: CB's earnings (9.6% per year) are forecast to grow slower than the US market (14.4% per year).

High Growth Earnings: CB's earnings are forecast to grow, but not significantly.

Revenue vs Market: CB's revenue (2.4% per year) is forecast to grow slower than the US market (7.3% per year).

High Growth Revenue: CB's revenue (2.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: CB's Return on Equity is forecast to be low in 3 years time (9.9%).


Next Steps

Past Performance

How has Chubb performed over the past 5 years?

8.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: CB's earnings have grown by 8.8% per year over the past 5 years.

Accelerating Growth: CB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: CB had negative earnings growth (-1.6%) over the past year, making it difficult to compare to the Insurance industry average (3.1%).


Return on Equity

High ROE: CB's Return on Equity (7%) is considered low.


Return on Assets

ROA vs Industry: CB has a higher Return on Assets than the Insurance industry average last year.


Return on Capital Employed

ROCE Improving: CB has improved its Return on Capital Employed over the past 3 years.


Next Steps

Financial Health

How is Chubb's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Inventory Level: CB has a low level of unsold assets or inventory.

Debt Coverage by Assets: CB's debt is covered by short term assets (assets are 2.090460x debt).


Financial Institutions Analysis

Asset Level: CB's level of assets compared to its equity is low.

Allowance for Bad Loans: Insufficient data to determine if CB has a sufficient allowance for bad loans.

Low Risk Liabilities: CB reports no customer deposits, loans are made up entirely of externally borrowed funds.

Loan Level: Insufficient data to determine if CB has an acceptable proportion of non-loan assets held.

Low Risk Deposits: CB has advanced significantly more loans than the customer deposits it holds.

Level of Bad Loans: Insufficient data to determine if CB has an appropriate level of bad loans.


Next Steps

Dividend

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

1.93%

Current Dividend Yield


Dividend Yield vs Market

company1.9%marketbottom25%1.5%markettop25%3.8%industryaverage2.4%forecastin3Years2.0%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: CB's dividend (1.93%) is higher than the bottom 25% of dividend payers in the US market (1.47%).

High Dividend: CB's dividend (1.93%) is low compared to the top 25% of dividend payers in the US market (3.77%).

Stable Dividend: CB's dividends per share have been stable in the past 10 years.

Growing Dividend: CB's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (35.8%), CB's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: CB's dividends in 3 years are forecast to be well covered by earnings (27.3% payout ratio).


Next Steps

Management

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

7.3yrs

Average management tenure


CEO

Evan Greenberg (64yo)

15.4yrs

Tenure

US$20,357,484

Compensation

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 2 ...


CEO Compensation Analysis

Compensation vs. Market: Evan's total compensation ($USD20.36M) is about average for companies of similar size in the US market ($USD11.20M).

Compensation vs Earnings: Evan's compensation has been consistent with company performance over the past year.


Management Age and Tenure

7.3yrs

Average Tenure

61yo

Average Age

Experienced Management: CB's management team is seasoned and experienced (7.3 years average tenure).


Board Age and Tenure

12.4yrs

Average Tenure

70yo

Average Age

Experienced Board: CB's board of directors are seasoned and experienced ( 12.4 years average tenure).


Insider Trading

Insider Buying: CB insiders have only sold shares in the past 3 months.


Recent Insider Transactions

SellUS$1,027,31023 Sep 19
Joseph Wayland
EntityIndividual
Role
Chief Legal Officer
Executive VP
Shares6,500
Max PriceUS$158.51
SellUS$948,90015 Aug 19
John Lupica
EntityIndividual
Role
Senior Key Executive
Vice Chairman and President of North America Major Accounts & Specialty Insurance
Shares6,000
Max PriceUS$158.15
SellUS$326,65501 Aug 19
Paul Medini
EntityIndividual
Role
Chief Accounting Officer
Chief Accounting Officer
Shares2,125
Max PriceUS$153.72
SellUS$32,097,04819 Jun 19
Evan Greenberg
EntityIndividual
Role
Chief Executive Officer
Chairman & CEO
Shares215,648
Max PriceUS$148.84
SellUS$3,716,00010 Jun 19
Timothy Boroughs
EntityIndividual
Role
Senior Key Executive
Executive VP & Chief Investment Officer of Chebb Group
Shares25,000
Max PriceUS$148.64
SellUS$7,438,50010 Jun 19
Philip Bancroft
EntityIndividual
Role
Chief Financial Officer
EVP & CFO
Shares50,000
Max PriceUS$148.77
SellUS$1,510,95305 Jun 19
Paul Krump
EntityIndividual
Role
Senior Key Executive
EVP of Chubb Group and President of N.A. Commercial & Personal Insurance
Shares10,250
Max PriceUS$147.41
SellUS$400,18003 Jun 19
Paul Medini
EntityIndividual
Role
Chief Accounting Officer
Chief Accounting Officer
Shares2,750
Max PriceUS$145.52
SellUS$726,10003 Jun 19
Juan Andrade
EntityIndividual
Shares5,000
Max PriceUS$145.22
SellUS$1,522,24828 May 19
John Lupica
EntityIndividual
Role
Senior Key Executive
Vice Chairman and President of North America Major Accounts & Specialty Insurance
Shares10,400
Max PriceUS$146.37
SellUS$283,73713 May 19
Michael Atieh
EntityIndividual
Shares2,000
Max PriceUS$141.87
SellUS$2,412,77115 Mar 19
John Lupica
EntityIndividual
Role
Senior Key Executive
Vice Chairman and President of North America Major Accounts & Specialty Insurance
Shares17,879
Max PriceUS$134.95
SellUS$159,92430 Nov 18
Michael Atieh
EntityIndividual
Shares1,200
Max PriceUS$133.27
SellUS$5,31821 Nov 18
Juan Andrade
EntityIndividual
Shares40
Max PriceUS$132.95

Ownership Breakdown


Management Team

  • Evan Greenberg (64yo)

    Chairman & CEO

    • Tenure: 15.4yrs
    • Compensation: US$20.36m
  • Ken Koreyva (63yo)

    Senior Vice President of Chubb Group Finance

    • Tenure: 0.6yrs
  • Tim Boroughs (69yo)

    Executive VP & Chief Investment Officer of Chebb Group

    • Tenure: 0yrs
  • Phil Bancroft (59yo)

    EVP & CFO

    • Tenure: 17.8yrs
    • Compensation: US$5.04m
  • Paul Krump (59yo)

    EVP of Chubb Group and President of N.A. Commercial & Personal Insurance

    • Tenure: 3.8yrs
    • Compensation: US$6.20m
  • Paul Medini (61yo)

    Chief Accounting Officer

    • Tenure: 0yrs
    • Compensation: US$1.63m
  • John Lupica (53yo)

    Vice Chairman and President of North America Major Accounts & Specialty Insurance

    • Tenure: 0yrs
    • Compensation: US$6.21m
  • Joe Wayland (61yo)

    Executive VP

    • Tenure: 6.3yrs
  • John Keogh (54yo)

    Executive Vice Chairman & COO

    • Tenure: 8.3yrs
    • Compensation: US$7.86m
  • Karen Beyer

    Senior Vice President of Investor Relations

    • Tenure: 0yrs

Board Members

  • Evan Greenberg (64yo)

    Chairman & CEO

    • Tenure: 15.4yrs
    • Compensation: US$20.36m
  • Robert Hernandez (74yo)

    Independent Lead Director

    • Tenure: 15.4yrs
    • Compensation: US$431.87k
  • Mike Connors (64yo)

    Independent Director

    • Tenure: 8.4yrs
    • Compensation: US$316.00k
  • Mary Cirillo-Goldberg (72yo)

    Independent Director

    • Tenure: 13.4yrs
    • Compensation: US$370.87k
  • Gary Schmalzriedt (72yo)

    Chairman of ACE INA Holdings

    • Tenure: 15.8yrs
    • Compensation: US$5.11m
  • Olivier Steimer (64yo)

    Independent Director

    • Tenure: 11.3yrs
    • Compensation: US$339.90k
  • Brian Seach (71yo)

    Non-Executive Chairman of ACE South Africa Operations

    • Tenure: 13.8yrs
  • Bob Scully (69yo)

    Independent Director

    • Tenure: 5.4yrs
    • Compensation: US$331.88k
  • Michael Coleman

    VP of Chubb Group

    • Tenure: 1.3yrs
  • Tai-Kuan Ly

    President & Director for General Insurance - Indonesia

    • Tenure: 0yrs

Company Information

Chubb Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Chubb Limited
  • Ticker: CB
  • Exchange: NYSE
  • Founded: 1985
  • Industry: Property and Casualty Insurance
  • Sector: Insurance
  • Market Cap: US$70.842b
  • Shares outstanding: 455.75m
  • Website: https://www.chubb.com/us-en

Number of Employees


Location

  • Chubb Limited
  • Baerengasse 32
  • Zurich
  • Zurich
  • 8001
  • Switzerland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CBNYSE (New York Stock Exchange)YesOrdinary SharesUSUSDMar 1993
AEXDB (Deutsche Boerse AG)YesOrdinary SharesDEEURMar 1993
0VQDLSE (London Stock Exchange)YesOrdinary SharesGBUSDMar 1993

Biography

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 casu ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/15 00:05
End of Day Share Price2019/10/14 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.