Chubb released a new whitepaper exploring the surge in litigation against fiduciaries of employer-sponsored retirement plans, regardless of size. The paper, "The War on Retirement Fees: Is Anyone Safe?" was co-authored by Groom Law Group and examines the recent history and trends relating to excessive fee claims. The paper also discusses the plan features that may make it a target of litigation, and the steps fiduciaries can take to potentially reduce exposure to excessive fee lawsuits.

Chubb Appoints Michelle McLaughlin Chief Underwriting Officer of its North America Middle Market and Small Business Insurance Divisions

In honor of Earth Day, Chubb announced its pledge to sponsor the planting of 33,000 trees in 2020 as part of the American Forests American ReLeaf Program. Chubb began supporting the cause in 2008, and this pledge represents one tree for each new environmental insurance policy written globally throughout 2019.

Chubb (CB) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

NEW YORK, NY / ACCESSWIRE / April 22, 2020 / Chubb Limited (NYSE:CB) will be discussing their earnings results in their 2020 First Quarter Earnings call to be held on April 22, 2020 at 8:30 AM Eastern ...

Chubb's (CB) first-quarter 2020 results reflect strong premiums owing to solid segmental performance.

Combined Insurance, a Chubb company, announced today their commitment to supporting the wellbeing of communities with a $25,000 donation to four food banks in the U.S. to include—Food Bank For New York City, Northern Illinois Food Bank, Feed NC, and Feeding South Florida. The donation serves as a response to the critical food needs and disparities across communities, as a result of the COVID-19 pandemic.

Chubb Limited announced today that Annmarie Hagan has been appointed Vice President, Chubb Group and Chief Accounting Officer effective immediately. Currently, she serves as Global Controller. In her new role, Ms. Hagan will be responsible for the company's corporate and regulatory accounting matters; managerial and external financial reporting; group-wide financial planning and analysis; statutory and GAAP accounting policy; and financial oversight for the company's global information technology and operations area. She will also have direct oversight of corporate and subsidiary controllers.

Chubb Limited (NYSE: CB) today reported net income for the quarter ended March 31, 2020 of $252 million, or $0.55 per share, compared with $1,040 million, or $2.25 per share, for the same quarter last year. Core operating income was $1,220 million, or $2.68 per share, compared with $1,170 million, or $2.54 per share, for the same quarter last year. The quarter was marked by financial market volatility in the credit, equity and foreign exchange markets, which impacted net income and book value. Book and tangible book value per share decreased 5.5% and 7.5%, respectively, from December 31, 2019 and now stand at $115.64 and $72.29, respectively. Book value was unfavorably impacted by total after-tax net realized and unrealized losses of $3.7 billion, including $2.2 billion in the investment portfolio. Even with these mark-to-market losses, the investment portfolio remained at an unrealized gain position at March 31, 2020. The company believes this market price-driven impact, based on the last day of the quarter, will in all likelihood be largely transient and will accrete back to book value over time. As of Monday, April 20, 2020, the mark had improved by about $1.7 billion pre-tax since March 31. Book value was unfavorably impacted by the negative mark in the company's variable annuity reinsurance portfolio of $560 million. This is purely a mark-to-market adjustment that the company believes, in all likelihood, is also transient, required because the transactions are deemed to be derivatives for accounting purposes. Foreign exchange also unfavorably impacted book value by $896 million. The foreign exchange impact is also a point-in-time mark-to-market valuation adjustment and does not affect the capital position of the company's foreign operating units.

This article is written for those who want to get better at using price to earnings ratios (P/E ratios). To keep it...

Chubb, Clorox, Flower Foods, Medtronic and Northrop Grumman have all recently raised their dividends Continue reading...

Chubb's (CB) first-quarter 2020 performance is likely to have benefited from premium growth, higher average invested asset and a benign cat environment.

Chubb (CB) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Chubb today announced two additional grants as part of its previously announced $10 million commitment to pandemic relief efforts globally. The new grants include $1.5 million to Feeding America and $1 million to The Rockefeller University.

Chubb (CB) board raises dividend in an effort to share more profits with its shareholders, thereby supporting effective capital deployment.

Chubb (CB) delivered earnings and revenue surprises of 2.68% and 0.95%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

Q1 2020 Chubb Ltd Earnings Call

We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]

Scully, a retired Morgan Stanley executive and Chubb director, bought $1 million of the insurance giant’s shares. Chubb stock has lost about a third of its value this year.

The Board of Directors of Chubb Limited (NYSE: CB) announced today its shareholders have approved all matters submitted to the Chubb Limited 2020 Annual General Meeting, held at the company's offices in Zurich, Switzerland. Shareholders approved a 4% increase in the company's dividend to $3.12 per share annually ($0.78 per share, per quarter) from $3.00 per share ($0.75 per share, per quarter). This marks the twenty-seventh consecutive annual increase in the company's dividend.