Chubb (CB)
Market Price (12/4/2025): $295.13 | Market Cap: $117.3 BilSector: Financials | Industry: Property & Casualty Insurance
Chubb (CB)
Market Price (12/4/2025): $295.13Market Cap: $117.3 BilSector: FinancialsIndustry: Property & Casualty Insurance
Investment Highlights
Why It Matters
Which of these 2 stories sounds closer for this stock?
1. Generates cash flow
The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.
2. Riding a trend
Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow
| Megatrend and thematic driversMegatrends include Cybersecurity, AI in Financial Services, Aging Population & Chronic Disease, Experience Economy & Premiumization, Show more. |
| Megatrend and thematic driversMegatrends include Cybersecurity, AI in Financial Services, Aging Population & Chronic Disease, Experience Economy & Premiumization, Show more. |
Valuation, Metrics & Events
CB Stock
Why The Stock Moved
Qualitative Assessment
AI Generated Analysis | Feedback
1. Chubb reported record-breaking third-quarter 2025 earnings that significantly surpassed analyst expectations for both earnings per share (EPS) and revenue. The company's core operating income reached $3 billion, marking a 29% increase year-over-year, and EPS surged by 31% to $7.49, significantly beating the consensus estimate of $5.94 per share. Revenue also exceeded estimates, reaching $16.14 billion for the quarter, surpassing the consensus by 1.61%.
2. The company demonstrated robust premium growth across its insurance segments and geographical regions. Consolidated net premiums written increased by 7.5%, with property and casualty (P&C) net premiums written rising by 5.3% and life insurance premiums seeing a substantial increase of over 24.5%. Growth was noted across all businesses and regions, with North America up 4.4% and Overseas General up 9.7%.
3. Chubb achieved an improved underwriting performance, evidenced by a record P&C combined ratio. The P&C combined ratio improved to a record 81.8%, reflecting strong underwriting profitability and efficient operations. This strong performance in underwriting income, which was up 55%, contributed significantly to the overall positive financial results.
4. Analysts reacted positively to Chubb's performance, leading to elevated price targets and a generally bullish sentiment. Following the strong Q3 results, several equities analysts raised their price targets for Chubb, with some maintaining "Buy" or "Outperform" ratings. The average price target from analysts indicated a potential upside for the stock.
5. Chubb actively returned capital to shareholders through significant share repurchases and dividend declarations. During the third quarter of 2025, Chubb returned $1.62 billion to shareholders, including $1.23 billion in share repurchases and $385 million in dividends. The company also announced a quarterly dividend of $0.97 per share, payable in January 2026.
Stock Movement Drivers
Return vs. Risk
Price Returns Compared
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| CB Return | 1% | 28% | 16% | 4% | 24% | 8% | 109% |
| Peers Return | -12% | 38% | 7% | 7% | 28% | 13% | 102% |
| S&P 500 Return | 16% | 27% | -19% | 24% | 23% | 16% | 112% |
Monthly Win Rates [3] | |||||||
| CB Win Rate | 50% | 50% | 67% | 58% | 67% | 50% | |
| Peers Win Rate | 53% | 63% | 55% | 58% | 67% | 58% | |
| S&P 500 Win Rate | 58% | 75% | 42% | 67% | 75% | 70% | |
Max Drawdowns [4] | |||||||
| CB Max Drawdown | -39% | -6% | -8% | -15% | -0% | -7% | |
| Peers Max Drawdown | -54% | -3% | -13% | -16% | -1% | -8% | |
| S&P 500 Max Drawdown | -31% | -1% | -25% | -1% | -2% | -15% | |
[1] Cumulative total returns since the beginning of 2020
[2] Peers: TRV, AIG, HIG, PRU, CINF. See CB Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/3/2025 (YTD)
How Low Can It Go
| Event | CB | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -20.0% | -25.4% |
| % Gain to Breakeven | 25.0% | 34.1% |
| Time to Breakeven | 205 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -43.0% | -33.9% |
| % Gain to Breakeven | 75.5% | 51.3% |
| Time to Breakeven | 322 days | 148 days |
| 2018 Correction | ||
| % Loss | -23.0% | -19.8% |
| % Gain to Breakeven | 29.9% | 24.7% |
| Time to Breakeven | 227 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -51.8% | -56.8% |
| % Gain to Breakeven | 107.3% | 131.3% |
| Time to Breakeven | 756 days | 1480 days |
Compare to TRV, AIG, HIG, PRU, CINF
In The Past
Chubb's stock fell -20.0% during the 2022 Inflation Shock from a high on 1/26/2023. A -20.0% loss requires a 25.0% gain to breakeven.
Preserve Wealth
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Asset Allocation
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Latest Trefis Analyses
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Trade Ideas
Select past ideas related to CB. For more, see Trefis Trade Ideas.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 11212025 | WU | Western Union | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 3.4% | 3.4% | -0.4% |
| 11212025 | COIN | Coinbase Global | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 9.5% | 9.5% | 0.0% |
| 11142025 | PYPL | PayPal | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 0.1% | 0.1% | -7.5% |
| 11142025 | V | Visa | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | -0.1% | -0.1% | -2.7% |
| 11072025 | WD | Walker & Dunlop | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | -7.7% | -7.7% | -11.0% |
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 11212025 | WU | Western Union | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 3.4% | 3.4% | -0.4% |
| 11212025 | COIN | Coinbase Global | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 9.5% | 9.5% | 0.0% |
| 11142025 | PYPL | PayPal | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 0.1% | 0.1% | -7.5% |
| 11142025 | V | Visa | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | -0.1% | -0.1% | -2.7% |
| 11072025 | WD | Walker & Dunlop | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | -7.7% | -7.7% | -11.0% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons for Chubb
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Financials
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Returns
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Returns Analyses
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 9302025 | 10272025 | 10-Q 9/30/2025 |
| 6302025 | 7282025 | 10-Q 6/30/2025 |
| 3312025 | 4282025 | 10-Q 3/31/2025 |
| 12312024 | 2272025 | 10-K 12/31/2024 |
| 9302024 | 10302024 | 10-Q 9/30/2024 |
| 6302024 | 7262024 | 10-Q 6/30/2024 |
| 3312024 | 4262024 | 10-Q 3/31/2024 |
| 12312023 | 2232024 | 10-K 12/31/2023 |
| 9302023 | 11012023 | 10-Q 9/30/2023 |
| 6302023 | 7282023 | 10-Q 6/30/2023 |
| 3312023 | 5022023 | 10-Q 3/31/2023 |
| 12312022 | 2242023 | 10-K 12/31/2022 |
| 9302022 | 10282022 | 10-Q 9/30/2022 |
| 6302022 | 7292022 | 10-Q 6/30/2022 |
| 3312022 | 4292022 | 10-Q 3/31/2022 |
| 12312021 | 2242022 | 10-K 12/31/2021 |
External Quote Links
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| SeekingAlpha | ValueLine |
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| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |