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The Latest Breaking News from Chubb

Insurance Stocks Do Just Fine Amid Harsh Weather

The property and casualty insurance industry picks up much of the tab for these catastrophes. As a result, the sector recorded a total of $50 billion in underwriting losses — that is, the gap between claims and premiums — in 2022 and 2023.

Kiplinger

Is Chubb Limited Stock Outperforming the Nasdaq?

Despite Chubb Limited consistently outperforming the Nasdaq, Wall Street analysts remain cautiously optimistic about the stock’s outlook.

Barchart

Top Warren Buffett-Backed Companies to Watch in 2024

Warren Buffett's Berkshire Hathaway invested heavily in Apple, Amazon, and Chubb in this new decade. A massive stake in Chubb was kept a secret until recently.

International Business Times UK

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Should You Follow Warren Buffett Into This Dividend Stock?

Chubb is an insurance stock, and the newest addition to Berkshire Hathaway's portfolio, which looks positioned to deliver outsized gains to shareholders in 2024 and beyond.

Barchart

Stock Market Today: Dow Flirts With 40K After Walmart Earnings

The 30-stock index briefly traded above the 40,000 mark as blue chip retail stock Walmart surged after earnings.

Kiplinger

Billionaire Warren Buffett finally reveals mystery stock he’s been buying up

Chubb hit headlines in March when it agreed to underwrite Donald Trump’s nearly $92m appeal bond in his E Jean Carroll defamation lawsuit

The Independent UK

Chubb Stock Jumps After Buffett's Berkshire Takes a Stake

Chubb stock is up on news Warren Buffett's holding company Berkshire Hathaway built a position in the insurance firm. Here's what you need to know.

Kiplinger

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Warren Buffett's Berkshire Hathaway Reveals Major Stake In Chubb

Berkshire Hathaway's .7 billion stake in Chubb boosts the insurance company's stock. Buffett's investment strategy shifts towards financial firms.

Top News

Trump secures bond in Carroll case

Trump secured the bond from the Federal Insurance Company, which is a principal of The Chubb Corporation

Salon

Nearly 70% of the Richest Americans Don't Feel Wealthy

A report shows that 68% of America’s most affluent people do not consider themselves wealthy.

Kiplinger

This NRA Supreme Court Case Has Big Implications for Porn

The ACLU will represent the gun rights group in a case with widespread relevance for free speech.

Reason

Lloyd’s of London insurers dominate underwriting of fossil fuel projects, study shows

Annual ‘scorecard’ of major firms insuring oil, gas and coal projects puts household names Allianz, Axa, AIG and Aegis in Top 10

The Guardian - UK

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Broadcasting & Cable

Disney Says U.S. Open Ad Inventory Is Sold Out

20 sponsors and about 150 advertisers sign up

The Guardian - US

Property insurance disappears for Louisianans – but not for gas facilities

Oil and gas facilities along the Gulf coast have long been a major market for speciality insurance carriers

WEKU

How climate change could cause a home insurance meltdown

It's increasingly expensive and difficult to get home insurance, as losses rise from climate-driven disasters such as wildfires and hurricanes. And the solutions aren't always politically popular.

Kiplinger

Flood Insurance: What It Costs and Why You Need It

What to know about getting separate flood insurance, including the costs and coverage.

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Fortune

Hippo Holdings has SPAC remorse 2 years after the deal that saw the firm valued at $5 billion

A downturn that’s included SPACs and insurtechs has Hippo Holdings wishing it had chosen a different route to go public.

WEKU

Businesses face more and more pressure from investors to act on climate change

At annual meetings this spring, shareholders will be pushing publicly-traded companies for information about how they're contributing to climate change, and what they're doing about the problem.

Wales Online

A new primary school in the Rhondda has been approved by councillors

A new school for Ysgol Gynradd Gymraeg Llyn y Forwyn will be built on the former Chubb factory site

Benzinga

Accenture, Hewlett Packard Enterprise And 2 Other Stocks Insiders Are Selling

The Nasdaq Composite declined by over 100 points on Monday. Investors, meanwhile, focused on some notable insider trades.

Reuters

Dubai Aerospace, with 19 jets stuck in Russia, sues 11 insurers in London

Aircraft leasing firm Dubai Aerospace Enterprise (DAE) has filed a London lawsuit against 11 insurers, including Lloyd's of London, AIG, Chubb and Swiss Re, two months after it wrote off almost $600 million for 19 aircraft stuck in Russia.

Benzinga

$100 Invested In Chubb 15 Years Ago Would Be Worth This Much Today

Chubb (NYSE:CB) has outperformed the market over the past 15 years by 2.41% on an annualized basis producing an average annual return of 8.87%. Currently, Chubb has a market capitalization of $82.77 billion.

Benzinga

If You Invested $100 In Chubb 15 Years Ago, Here's How Much You Would Have Today

Chubb (NYSE:CB) has outperformed the market over the past 15 years by 2.49% on an annualized basis producing an average annual return of 9.27%. Currently, Chubb has a market capitalization of $88.65 billion.

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