Professional
Added to YB: 2024-04-23
Pitch date: 2024-04-08
CB [bullish]
Chubb Limited
+24.61%
current return
Author Info
No bio for this author
Company Info
Chubb Limited provides insurance and reinsurance products worldwide. The company’s North America Commercial P&C Insurance segment offers commercial property, casualty, workers’ compensation, package policies, risk management, financial lines, marine, construction, environmental, medical risk, cyber risk, surety, and casualty; and group accident and health insurance to large, middle market, and small commercial businesses.
Market Cap
$109.7B
Pitch Price
$247.55
Price Target
295.00 (-4%)
Dividend
1.33%
EV/EBITDA
10.24
P/E
12.06
EV/Sales
2.27
Sector
Insurance
Category
growth
RBC Capital Markets Investment Thesis: Chubb Limited
CB: Best-in-class global insurer w/ strong underwriting & growth. Diversified biz mix, not just a pricing story. $295 PT on 1.8x P/B, low-teens ROE potential + capital mgmt & growth oppty. Risks: cat losses, litigation, reg changes, macro factors.
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