Want to see CB full AI Analyst Report?
Top Page
Chubb
(NYSE:CB)
Select Model
Select Model
Rating:83Outperform
Price Target:
$417.00
▲(21.54% Upside)
Action:Reiterated
Date:10/21/26
CB scores well primarily on strong financial performance (durable profitability, solid capital position, and robust cash generation) and a very positive earnings call with confident medium-term outlook. Technicals support the trend, but elevated momentum readings suggest the stock may be near-term extended. Valuation is supportive with a moderate P/E, while dividend yield is modest.
Positive Factors
Underwriting profitability
Record underwriting income and an 84.1% combined ratio demonstrate strong risk selection, pricing discipline, and claims management. These capabilities support durable earnings quality because insurance profitability depends on consistently keeping losses and expenses below earned premiums across market cycles.
Negative Factors
Commercial pricing pressure
Increasing competition can restrict premium growth and weaken future underwriting margins, especially where pricing fails to keep pace with loss costs. Alternative capital and excess capacity may prolong this pressure, making disciplined risk selection more important but potentially limiting volume.
Read all positive and negative factors
Positive Factors
Negative Factors
Underwriting profitability
Record underwriting income and an 84.1% combined ratio demonstrate strong risk selection, pricing discipline, and claims management. These capabilities support durable earnings quality because insurance profitability depends on consistently keeping losses and expenses below earned premiums across market cycles.
Read all positive factors
Chubb Key Performance Indicators (KPIs)
Any
Net Premiums
Net Premiums measure the total revenue Chubb earns from insurance policies after deducting reinsurance costs. This is a key indicator of the company's ability to generate income from its core business operations, reflecting its market position and growth potential in the insurance industry.
Net Premiums measure the total revenue Chubb earns from insurance policies after deducting reinsurance costs. This is a key indicator of the company's ability to generate income from its core business operations, reflecting its market position and growth potential in the insurance industry.
Data provided by:
The Fly
The FlyChubb (CB) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$137.00B
Dividend Yield1.12%
Average Volume (3M)1.62M
Price to Earnings (P/E)12.3
Beta (1Y)0.13
Revenue Growth5.77%
EPS GrowthN/A
CountryUS
Employees45,000
SectorFinancial
Sector Strength70
IndustryInsurance - Property & Casualty
Share Statistics
EPS (TTM)28.46
Shares Outstanding385,799,870
10 Day Avg. Volume1,609,163
30 Day Avg. Volume1,624,939
Financial Highlights & Ratios
PEG Ratio0.93
Price to Book (P/B)1.68
Price to Sales (P/S)2.07
P/FCF Ratio8.51
Enterprise Value/Market Cap1.18
Enterprise Value/Revenue2.61
Enterprise Value/Gross Profit6.59
Enterprise Value/Ebitda13.28
Forecast
1Y Price Target
$364.38Price Target Upside6.20% Upside
Rating ConsensusHold
Number of Analyst Covering13
EPS Forecast (FY)28.94
Revenue Forecast (FY)$59.62B
Chubb Business Overview & Revenue Model
Company Description
Chubb Limited, headquartered in Zurich, Switzerland, is a global insurer and reinsurer, offering a broad spectrum of products across various markets. In North America, its Commercial Property & Casualty (P&C) division caters to businesses of all s...
How the Company Makes Money
Chubb primarily makes money through its insurance and reinsurance operations by (1) collecting premiums in exchange for providing coverage and (2) investing the premium “float” (funds held between the time premiums are received and claims are paid...
Chubb Earnings Call Summary
Earnings Call Date:Oct 20, 2026
(Q3-2026)
| % Change Since: |
Next Earnings Date:Feb 02, 2027
Earnings Call Sentiment Positive
The call was strongly positive overall. Chubb reported record year-to-date underwriting income, substantial earnings and tangible book value growth, strong underwriting margins, record investment income, broad international growth, robust cash flow, and significant shareholder returns. Management also expressed confidence in future North America Commercial growth, Asia, data center insurance, operating efficiencies, and long-term double-digit tangible book value growth. Offsetting issues included softer North America Commercial premiums, increasingly competitive pricing, CAT losses, fixed-income mark losses, modest adverse development, project delays, and emerging AI liability risks, but these challenges were outweighed by the breadth and strength of the reported results.Positive Updates
Record Nine-Month Earnings and EPS Growth
Core operating income for the first nine months was $8.6 billion, up 21% from the prior year, while core operating EPS was $21.94, up 24.5%.
Negative Updates
Quarterly Core Operating Earnings Decline
Third-quarter core operating earnings declined about 2% because the prior-year quarter benefited from exceptionally light CAT losses, although core operating EPS increased about 1%.
Read all updates
Q3-2026 Updates
Positive
Negative
Record Nine-Month Earnings and EPS Growth
Core operating income for the first nine months was $8.6 billion, up 21% from the prior year, while core operating EPS was $21.94, up 24.5%.
Read all positive updates
Company Guidance
Management expects North America Commercial growth to “improve materially in future quarters” and, “CATs and FX aside,” is confident over “the medium term” in continuing to generate “strong growth in operating earnings and EPS” and, “most important, double-digit growth in tangible book value”; the full-year core operating effective tax rate is expected to be “in the range of 19.5%-20%,” fixed income-related net investment income is expected to “continue to grow,” and capital returned to shareholders has been “in the range of 50%,” which management said “is not a rule” but “an outcome.”Chubb Financial Statement Overview
Summary
Income Statement
86
Very Positive
Balance Sheet
84
Very Positive
Cash Flow
79
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 62.08B | 59.78B | 56.15B | 50.13B | 42.98B | 40.77B |
| Gross Profit | 24.58B | 17.61B | 16.17B | 13.84B | 10.83B | 11.33B |
| EBITDA | 12.19B | 14.11B | 12.52B | 10.51B | 7.34B | 10.57B |
| Net Income | 11.21B | 10.31B | 9.27B | 9.03B | 5.25B | 8.53B |
Balance Sheet | ||||||
| Total Assets | 281.32B | 272.33B | 246.55B | 230.68B | 199.02B | 200.05B |
| Cash, Cash Equivalents and Short-Term Investments | 8.21B | 42.59B | 39.19B | 33.79B | 25.79B | 97.91B |
| Total Debt | 18.11B | 17.65B | 15.60B | 14.49B | 14.88B | 16.17B |
| Total Liabilities | 200.48B | 192.55B | 178.15B | 166.99B | 148.50B | 140.34B |
| Stockholders Equity | 75.37B | 73.76B | 64.02B | 59.51B | 50.52B | 59.71B |
Cash Flow | ||||||
| Free Cash Flow | 16.08B | 14.54B | 16.18B | 12.63B | 11.26B | 11.15B |
| Operating Cash Flow | 16.08B | 14.54B | 16.18B | 12.63B | 11.26B | 11.15B |
| Investing Cash Flow | -13.51B | -12.98B | -13.92B | -7.65B | -5.65B | -6.66B |
| Financing Cash Flow | -2.18B | -1.85B | -2.18B | -4.49B | -5.14B | -4.41B |
Chubb Technical Analysis
Positive
343.11
Price Trends
341.30
Positive
341.49
Positive
331.09
Positive
Market Momentum
5.61
Negative
58.86
Neutral
72.90
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CB, the sentiment is Positive. The current price of 343.11 is below the 20-day moving average (MA) of 343.86, above the 50-day MA of 341.30, and above the 200-day MA of 331.09, indicating a bullish trend. The MACD of 5.61 indicates Negative momentum. The RSI at 58.86 is Neutral, neither overbought nor oversold. The STOCH value of 72.90 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for CB.
Chubb Risk Analysis
Chubb disclosed 38 risk factors in its most recent earnings report. Chubb reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Chubb Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
87 Outperform | $132.53B | 11.46 | 35.44% | 6.09% | 7.67% | 8.87% | |
86 Outperform | $64.02B | 4.99 | 43.13% | 1.67% | 5.92% | 134.66% | |
83 Outperform | $137.00B | 12.33 | 15.06% | 1.12% | 5.77% | ― | |
80 Outperform | $27.22B | 15.44 | 25.14% | 2.56% | 1.45% | -0.85% | |
78 Outperform | $81.63B | 10.28 | 26.24% | 1.18% | 1.07% | 50.02% | |
73 Outperform | $23.17B | 10.24 | 12.39% | ― | 0.86% | 8.75% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% |
* Financial Sector Average
CB
Chubb
355.11
76.86
27.62%
ALL
Allstate
253.19
63.66
33.59%
MKL
Markel
1,870.09
-13.23
-0.70%
PGR
Progressive
228.07
24.71
12.15%
TRV
Travelers Companies
398.28
132.01
49.58%
WRB
W. R. Berkley Corporation
73.33
0.11
0.15%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.