Chubb (CB)
Market Price (11/3/2026): $369.99 | Market Cap: $141.4 BilSector: Financials | Industry: Property & Casualty Insurance
Chubb (CB)
Market Price (11/3/2026): $369.99Market Cap: $141.4 BilSector: FinancialsIndustry: Property & Casualty Insurance
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 9.0%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 3.6%, FCF Yield is 13% Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -18% Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 29%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 29%, CFO LTM is 18 Bil, FCF LTM is 18 Bil Stock buyback supportStock Buyback 3Y Total is 9.3 Bil Low stock price volatilityVol 12M is 19% Megatrend and thematic driversMegatrends include Cybersecurity, AI in Financial Services, Aging Population & Chronic Disease, Experience Economy & Premiumization, Show more. | Trading close to highsDist 52W High is 0.0%, Dist 3Y High is 0.0% Weak multi-year price returns3Y Excs Rtn is -2.2% | Weak revenue growthRev Chg QQuarterly Revenue Change % is -0.1% Key risksCB key risks include [1] significant losses from increasingly severe and frequent natural disasters and [2] vulnerabilities to cybersecurity breaches and AI-related disruptions, Show more. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 9.0%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 3.6%, FCF Yield is 13% |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -18% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 29%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 29%, CFO LTM is 18 Bil, FCF LTM is 18 Bil |
| Stock buyback supportStock Buyback 3Y Total is 9.3 Bil |
| Low stock price volatilityVol 12M is 19% |
| Megatrend and thematic driversMegatrends include Cybersecurity, AI in Financial Services, Aging Population & Chronic Disease, Experience Economy & Premiumization, Show more. |
| Trading close to highsDist 52W High is 0.0%, Dist 3Y High is 0.0% |
| Weak multi-year price returns3Y Excs Rtn is -2.2% |
| Weak revenue growthRev Chg QQuarterly Revenue Change % is -0.1% |
| Key risksCB key risks include [1] significant losses from increasingly severe and frequent natural disasters and [2] vulnerabilities to cybersecurity breaches and AI-related disruptions, Show more. |
Qualitative Assessment
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Updated on 11/1/2026
Chubb (CB) stock has gained about 5% since 7/31/2026 because of the following key factors:
1. Exceptional Fiscal Q3 2026 Earnings Beat.
Chubb reported robust financial results for fiscal Q3 2026, which ended September 30, 2026, significantly exceeding analyst expectations. The company announced earnings per share of $7.66, surpassing the consensus estimate of $6.77 by $0.89. Quarterly revenue also exceeded forecasts, reaching $16.20 billion against an estimated $15.66 billion. This strong performance was underpinned by a record core operating income of $2.98 billion, or $7.66 per share for the quarter.
2. Strong Underwriting and Investment Income Growth.
The company demonstrated robust operational strength through its core insurance businesses and investment portfolio. In fiscal Q3 2026, Chubb's Property & Casualty (P&C) underwriting income reached nearly $2.1 billion, with a favorable combined ratio of 84.1%. Concurrently, adjusted net investment income hit a record $1.89 billion, largely benefiting from higher reinvestment yields and strong cash flow, with the fixed income portfolio yielding 5.2% for the quarter. Year-to-date core operating earnings per share increased by 24.5%.
Show more
Chubb (CB) stock has gained about 5% since 7/31/2026 because of the following key factors:
1. Exceptional Fiscal Q3 2026 Earnings Beat.
Chubb reported robust financial results for fiscal Q3 2026, which ended September 30, 2026, significantly exceeding analyst expectations. The company announced earnings per share of $7.66, surpassing the consensus estimate of $6.77 by $0.89. Quarterly revenue also exceeded forecasts, reaching $16.20 billion against an estimated $15.66 billion. This strong performance was underpinned by a record core operating income of $2.98 billion, or $7.66 per share for the quarter.
2. Strong Underwriting and Investment Income Growth.
The company demonstrated robust operational strength through its core insurance businesses and investment portfolio. In fiscal Q3 2026, Chubb's Property & Casualty (P&C) underwriting income reached nearly $2.1 billion, with a favorable combined ratio of 84.1%. Concurrently, adjusted net investment income hit a record $1.89 billion, largely benefiting from higher reinvestment yields and strong cash flow, with the fixed income portfolio yielding 5.2% for the quarter. Year-to-date core operating earnings per share increased by 24.5%.
Show more
Updated on 11/1/2026
Chubb (CB) stock has gained about 5% since 7/31/2026 because of the following key factors:
1. Exceptional Fiscal Q3 2026 Earnings Beat.
Chubb reported robust financial results for fiscal Q3 2026, which ended September 30, 2026, significantly exceeding analyst expectations. The company announced earnings per share of $7.66, surpassing the consensus estimate of $6.77 by $0.89. Quarterly revenue also exceeded forecasts, reaching $16.20 billion against an estimated $15.66 billion. This strong performance was underpinned by a record core operating income of $2.98 billion, or $7.66 per share for the quarter.
2. Strong Underwriting and Investment Income Growth.
The company demonstrated robust operational strength through its core insurance businesses and investment portfolio. In fiscal Q3 2026, Chubb's Property & Casualty (P&C) underwriting income reached nearly $2.1 billion, with a favorable combined ratio of 84.1%. Concurrently, adjusted net investment income hit a record $1.89 billion, largely benefiting from higher reinvestment yields and strong cash flow, with the fixed income portfolio yielding 5.2% for the quarter. Year-to-date core operating earnings per share increased by 24.5%.
3. Enhanced Shareholder Returns and Positive Analyst Sentiment.
Chubb actively returned capital to shareholders, distributing $1.6 billion in fiscal Q3 2026, which included $1.2 billion in share repurchases and $393 million in dividends. The company had also declared a quarterly dividend of $1.02 per share on August 13, 2026. Following the positive earnings report, several financial analysts upgraded their price targets for Chubb. Notable adjustments included Wells Fargo raising its target from $343.00 to $366.00 and Morgan Stanley increasing its target from $350.00 to $360.00.
Show less
Chubb (CB) stock has gained about 5% since 7/31/2026 because of the following key factors:
1. Exceptional Fiscal Q3 2026 Earnings Beat.
Chubb reported robust financial results for fiscal Q3 2026, which ended September 30, 2026, significantly exceeding analyst expectations. The company announced earnings per share of $7.66, surpassing the consensus estimate of $6.77 by $0.89. Quarterly revenue also exceeded forecasts, reaching $16.20 billion against an estimated $15.66 billion. This strong performance was underpinned by a record core operating income of $2.98 billion, or $7.66 per share for the quarter.
2. Strong Underwriting and Investment Income Growth.
The company demonstrated robust operational strength through its core insurance businesses and investment portfolio. In fiscal Q3 2026, Chubb's Property & Casualty (P&C) underwriting income reached nearly $2.1 billion, with a favorable combined ratio of 84.1%. Concurrently, adjusted net investment income hit a record $1.89 billion, largely benefiting from higher reinvestment yields and strong cash flow, with the fixed income portfolio yielding 5.2% for the quarter. Year-to-date core operating earnings per share increased by 24.5%.
3. Enhanced Shareholder Returns and Positive Analyst Sentiment.
Chubb actively returned capital to shareholders, distributing $1.6 billion in fiscal Q3 2026, which included $1.2 billion in share repurchases and $393 million in dividends. The company had also declared a quarterly dividend of $1.02 per share on August 13, 2026. Following the positive earnings report, several financial analysts upgraded their price targets for Chubb. Notable adjustments included Wells Fargo raising its target from $343.00 to $366.00 and Morgan Stanley increasing its target from $350.00 to $360.00.
Show less
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Stock Movement Drivers
Fundamental Drivers
The 5.5% change in CB stock from 7/31/2026 to 11/2/2026 was primarily driven by a 4.6% change in the company's P/E Multiple.| (LTM values as of) | 7312026 | 11022026 | Change |
|---|---|---|---|
| Stock Price ($) | 349.62 | 368.98 | 5.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 62,168 | 62,157 | 0.0% |
| Net Income Margin (%) | 18.0% | 18.1% | 0.4% |
| P/E Multiple | 12.1 | 12.7 | 4.6% |
| Shares Outstanding (Mil) | 387 | 386 | 0.5% |
| Cumulative Contribution | 5.5% |
Market Drivers
7/31/2026 to 11/2/2026| Return | Correlation | |
|---|---|---|
| CB | 5.5% | |
| Market (SPY) | 0.7% | -22.7% |
| Sector (XLF) | 1.1% | 54.1% |
Fundamental Drivers
The 13.5% change in CB stock from 4/30/2026 to 11/2/2026 was primarily driven by a 12.8% change in the company's P/E Multiple.| (LTM values as of) | 4302026 | 11022026 | Change |
|---|---|---|---|
| Stock Price ($) | 325.00 | 368.98 | 13.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 61,090 | 62,157 | 1.7% |
| Net Income Margin (%) | 18.5% | 18.1% | -2.3% |
| P/E Multiple | 11.2 | 12.7 | 12.8% |
| Shares Outstanding (Mil) | 390 | 386 | 1.3% |
| Cumulative Contribution | 13.5% |
Market Drivers
4/30/2026 to 11/2/2026| Return | Correlation | |
|---|---|---|
| CB | 13.5% | |
| Market (SPY) | 4.9% | -42.7% |
| Sector (XLF) | 10.8% | 36.9% |
Fundamental Drivers
The 34.9% change in CB stock from 10/31/2025 to 11/2/2026 was primarily driven by a 12.8% change in the company's P/E Multiple.| (LTM values as of) | 10312025 | 11022026 | Change |
|---|---|---|---|
| Stock Price ($) | 273.57 | 368.98 | 34.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 58,889 | 62,157 | 5.5% |
| Net Income Margin (%) | 16.4% | 18.1% | 10.0% |
| P/E Multiple | 11.2 | 12.7 | 12.8% |
| Shares Outstanding (Mil) | 397 | 386 | 3.1% |
| Cumulative Contribution | 34.9% |
Market Drivers
10/31/2025 to 11/2/2026| Return | Correlation | |
|---|---|---|
| CB | 34.9% | |
| Market (SPY) | 11.2% | -27.4% |
| Sector (XLF) | 11.3% | 30.3% |
Fundamental Drivers
The 78.8% change in CB stock from 10/31/2023 to 11/2/2026 was primarily driven by a 44.9% change in the company's Net Income Margin (%).| (LTM values as of) | 10312023 | 11022026 | Change |
|---|---|---|---|
| Stock Price ($) | 206.36 | 368.98 | 78.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 46,425 | 62,157 | 33.9% |
| Net Income Margin (%) | 12.5% | 18.1% | 44.9% |
| P/E Multiple | 14.7 | 12.7 | -13.8% |
| Shares Outstanding (Mil) | 412 | 386 | 7.0% |
| Cumulative Contribution | 78.8% |
Market Drivers
10/31/2023 to 11/2/2026| Return | Correlation | |
|---|---|---|
| CB | 78.8% | |
| Market (SPY) | 86.0% | 8.5% |
| Sector (XLF) | 85.7% | 42.2% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| CB Return | 28% | 16% | 4% | 24% | 14% | 19% | 161% |
| Peers Return | 38% | 7% | 7% | 28% | 17% | 12% | 167% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 10% | 101% |
Monthly Win Rates [3] | |||||||
| CB Win Rate | 50% | 67% | 58% | 67% | 58% | 55% | |
| Peers Win Rate | 63% | 55% | 58% | 67% | 60% | 51% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 36% | |
Max Drawdowns [4] | |||||||
| CB Max Drawdown | -11% | -19% | -19% | -10% | -12% | -10% | |
| Peers Max Drawdown | -13% | -25% | -22% | -13% | -15% | -16% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: TRV, AIG, PRU, HIG, 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] 2026 data is for the year up to 11/2/2026 (YTD)
How Low Can It Go
| Event | CB | S&P 500 |
|---|---|---|
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -13.4% | -6.7% |
| % Gain to Breakeven | 15.5% | 7.1% |
| Time to Breakeven | 82 days | 31 days |
| 2020 COVID-19 Crash | ||
| % Loss | -42.2% | -33.7% |
| % Gain to Breakeven | 73.0% | 50.9% |
| Time to Breakeven | 318 days | 140 days |
| 2014-2016 Oil Price Collapse | ||
| % Loss | -13.5% | -6.8% |
| % Gain to Breakeven | 15.6% | 7.3% |
| Time to Breakeven | 5 days | 15 days |
| 2011 US Debt Ceiling Crisis & European Contagion | ||
| % Loss | -10.3% | -17.9% |
| % Gain to Breakeven | 11.5% | 21.8% |
| Time to Breakeven | 72 days | 123 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -47.8% | -53.4% |
| % Gain to Breakeven | 91.5% | 114.4% |
| Time to Breakeven | 560 days | 1085 days |
| Summer 2007 Credit Crunch | ||
| % Loss | -12.0% | -8.6% |
| % Gain to Breakeven | 13.7% | 9.5% |
| Time to Breakeven | 47 days | 47 days |
In The Past
Chubb's stock fell 0.0% during the 2025 US Tariff Shock. Such a loss loss requires a 0.0% gain to breakeven.
Preserve Wealth
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Asset Allocation
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| Event | CB | S&P 500 |
|---|---|---|
| 2020 COVID-19 Crash | ||
| % Loss | -42.2% | -33.7% |
| % Gain to Breakeven | 73.0% | 50.9% |
| Time to Breakeven | 318 days | 140 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -47.8% | -53.4% |
| % Gain to Breakeven | 91.5% | 114.4% |
| Time to Breakeven | 560 days | 1085 days |
In The Past
Chubb's stock fell 0.0% during the 2025 US Tariff Shock. Such a loss loss requires a 0.0% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Chubb (CB)
Chubb Limited (CB) is a leading global provider of a wide array of insurance and reinsurance products. Operating worldwide, the company serves to protect individuals, businesses, and other insurance companies from various financial exposures by offering comprehensive risk coverage solutions.
The company's core offerings span across multiple segments. For commercial clients, Chubb provides essential property and casualty (P&C) coverage, including workers' compensation, financial lines, marine, and cyber risk insurance. Affluent individuals and families are offered specialized personal P&C policies such as homeowners, automobile, and personal liability insurance. Chubb also addresses niche markets like agricultural insurance, offering crop and farm property coverage, and provides a range of life insurance products, including protection and savings plans. Furthermore, a key part of its business is global reinsurance, where it provides coverage to other property and casualty insurers.
Chubb's extensive customer base includes large corporations, middle-market and small commercial businesses, high net worth individuals, and other insurance companies globally. With a robust presence across North America and overseas, the company distributes its diverse product portfolio primarily through a network of insurance and reinsurance brokers, solidifying its position as a global risk management partner.
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Here are a few analogies to describe Chubb:
- The 'Amazon' for almost every kind of insurance – from your car and home to global corporate risks and life coverage.
- The 'JPMorgan Chase' of the insurance world – a global financial giant offering a vast array of protection services for individuals, businesses, and even other insurers.
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- Commercial Property & Casualty Insurance: Provides businesses with coverage for property damage, liability, workers' compensation, cyber risks, and various specialty areas.
- Personal Property & Casualty Insurance: Offers homeowners, automobile, valuable articles, and personal liability coverage for individuals and families.
- Agricultural Insurance: Protects farmers and ranchers with crop insurance and coverage for farm property and commercial agriculture.
- Group Accident & Health Insurance: Delivers accident and health coverage for employees of commercial businesses both domestically and internationally.
- Reinsurance: Provides insurance to other insurance companies, covering traditional and specialty property and casualty risks globally.
- Life Insurance: Offers a range of protection and savings products including whole life, term life, medical, health, and personal accident coverage.
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Chubb serves a diverse base of customers, including both businesses and individuals across various segments. Given the nature of its business, it sells to a wide array of customers rather than a few identifiable primary companies. Its major customers can be broadly categorized as:
- Commercial Businesses and Organizations: This includes large, middle market, and small commercial businesses, corporations, and commercial agriculture entities worldwide. They purchase a range of commercial property, casualty, workers' compensation, financial lines, marine, cyber risk, environmental, and group accident and health insurance.
- Other Insurance and Reinsurance Companies: Through its Global Reinsurance segment (Chubb Tempest Re), Chubb provides traditional and specialty reinsurance products to other property and casualty companies globally.
- Individuals and Families: This category encompasses affluent and high net worth individuals and families seeking specialized homeowners, automobile, valuable articles, personal liability, and travel insurance. It also includes farmers and ranchers for their property, and individuals for various life insurance products (e.g., whole life, term life, medical, health, personal accident, credit life).
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Evan G. Greenberg, Chairman and Chief Executive Officer
Mr. Greenberg has a career spanning over 50 years in the insurance industry. He was elected President and Chief Executive Officer of ACE Limited (Chubb's predecessor) in May 2004 and Chairman of the Board of Directors in May 2007. Under his leadership, Chubb has grown to become one of the largest insurance companies globally. Prior to joining ACE in 2001 as Vice Chairman, Mr. Greenberg spent 25 years at American International Group (AIG), where he served as President and Chief Operating Officer from 1997 to 2000. He also held senior management positions, including President and Chief Executive Officer of AIU, AIG's foreign general insurance organization, and Chief Executive Officer of AIG Far East, based in Japan. He oversaw the acquisition of The Chubb Corporation by ACE Limited in 2016, a $28.3 billion transaction that solidified Chubb's global leadership position.
Peter C. Enns, Executive Vice President and Chief Financial Officer
Mr. Enns has over three decades of finance and investment banking experience. He joined Chubb as CFO in 2021, succeeding Philip Bancroft. Prior to Chubb, he held various senior roles at Goldman Sachs for over 20 years, including Chairman and CEO of Goldman Sachs Canada from 2014 to 2017, Head of the Asia Financial Institutions Group from 2010 to 2014, and Partner of the U.S. Financial Institutions Group from 2006 to 2010. More recently, he was Global Co-Head of Investment Banking Coverage at HSBC.
John W. Keogh, President and Chief Operating Officer; Chairman, North America Insurance
Joseph F. Wayland, Executive Vice President, General Counsel and Secretary
Seshadri Iyer, Executive Vice President, Chubb Group, Operations, Technology and Digital Transformation
Mr. Iyer was appointed to this role effective April 6, 2026, overseeing global operations and technology functions. He joined Chubb from Boston Consulting Group, where he spent nearly 20 years, most recently as North America chair for BCG X, the firm's tech design and build unit.
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Chubb Limited (CB) faces several key risks inherent to its global insurance and reinsurance operations.
One of the most significant risks is **the volatility of catastrophe events and climate change**. As a prominent insurer and reinsurer, Chubb is highly exposed to natural disasters and other large-scale events, which can lead to substantial volatility in financial results. The unpredictability of such events is an integral part of its underwriting process, and while the company adjusts its strategies, unforeseen losses can significantly impact profitability.
Another key risk is related to **market risks, particularly interest rate volatility**, which can affect its investment portfolio performance and capital resources. Chubb's substantial investment income provides a buffer, but fluctuations in interest rates can adversely impact both investment income and overall operating results.
Finally, **regulatory and legal risks** pose a significant challenge due to Chubb's extensive global presence. Operating in 54 countries subjects the company to a complex array of regulatory environments, leading to potential compliance risks and legal challenges. Changes in tax and other regulations can also increase Chubb's liabilities.
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The clear emerging threat for Chubb is the rapid advancement and proliferation of Insurtech companies. These companies leverage cutting-edge technologies, including artificial intelligence, machine learning, big data analytics, and the Internet of Things (IoT), to develop more personalized, efficient, and often direct-to-consumer insurance products across various segments, such as personal lines, small commercial, and life insurance. By offering streamlined digital processes, potentially lower overhead, and enhanced customer experiences that bypass traditional broker channels, Insurtech firms pose a significant challenge to Chubb's long-standing business model and distribution strategy, potentially eroding market share and impacting pricing power in segments susceptible to technological disruption and commoditization.
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Chubb Limited operates across several significant insurance and reinsurance markets globally. Here are the addressable market sizes for its main products and services:
- North America Commercial Property & Casualty (P&C) Insurance: The North America commercial property insurance market size was valued at approximately USD 112.62 billion in 2024. More broadly, the North America property and casualty insurance market, which includes both commercial and personal lines, was valued at USD 853.13 billion in 2025 and is projected to reach USD 885.55 billion in 2026.
- North America Personal Property & Casualty (P&C) Insurance: This segment is part of the larger North America property and casualty insurance market, which had a value of USD 853.13 billion in 2025 and is projected to grow to USD 885.55 billion in 2026. Individuals constituted the leading end-user segment in the overall property and casualty insurance market in 2023.
- North America Agricultural Insurance: The addressable market for agricultural insurance in North America was estimated at USD 46.53 billion in 2024. North America represents the largest market globally for agricultural insurance, holding approximately 45% of the worldwide share in 2024.
- Overseas General Insurance: The global property and casualty (P&C) insurance market, which encompasses general insurance outside of North America, was valued at USD 1,920.56 billion in 2025. Global P&C insurance premiums amounted to approximately €2,424 billion (around USD 2.6 trillion) in 2024, with North America accounting for more than half of these volumes.
- Global Reinsurance: The global reinsurance market size was valued at USD 711.75 billion in 2024 and is projected to grow to approximately USD 2,000.08 billion by 2034. North America contributed over 44% of the revenue share in this market in 2024.
- Life Insurance: The global life insurance market size was estimated at USD 7.55 trillion in 2024 and is projected to increase to approximately USD 18.03 trillion by 2034.
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Chubb Limited (CB) is expected to drive future revenue growth over the next 2-3 years through a combination of strong premium growth, increasing net investment income, and strategic initiatives focused on digital transformation and product development.
- Growth in Net Premiums across P&C and Life Insurance: Chubb anticipates continued robust growth in its net premiums, encompassing both its Property & Casualty (P&C) and life insurance divisions. This growth is significantly bolstered by expansion in international markets, with Latin America and Asia specifically identified as key contributors.
- Rising Net Investment Income: The company projects a sustained increase in its adjusted net investment income. This is expected as Chubb continues to reinvest its cash flows at higher interest rates, enhancing returns from its fixed income and private investment portfolios.
- Digital Transformation and New Product Development: Chubb's strategic investments in digital transformation projects are aimed at improving its combined ratio and overall operational efficiency, which supports competitive pricing and business acquisition. Additionally, the launch of new products and services, particularly within emerging markets and through digital distribution channels, is expected to attract new customers and drive revenue.
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Share Repurchases
- Chubb's Board of Directors authorized a new $5 billion share repurchase program, effective July 1, 2023, with no expiration date. A similar $5 billion share repurchase program was authorized effective July 1, 2025, also with no expiration date.
- The company repurchased $3.4 billion in shares in 2025 at an average price of $282.57 per share.
- Chubb's annual share buybacks totaled $3.694 billion in 2025, $1.801 billion in 2024, and $2.411 billion in 2023.
Share Issuance
- The number of outstanding shares decreased from approximately 452 million in 2019 to 400.7 million in 2024, and further to 391.101 million by the end of 2025, indicating a reduction in shares rather than significant issuances.
Outbound Investments
- In October 2021, Chubb agreed to acquire Cigna's personal accident, supplemental health, and life insurance business in seven Asia-Pacific markets for $5.75 billion in cash, with the transaction completed in 2022.
- Chubb acquired Healthy Paws, a pet insurance provider, for approximately $300 million in cash in 2024.
- In March 2025, Chubb announced agreements to acquire Liberty Mutual's Property & Casualty insurance operations in Thailand and Vietnam.
Capital Expenditures
- Chubb annually invests $1.1-$1.2 billion in technological advancements, focusing on modernization and improving processing capabilities.
- These technology investments are expected to remain in the $1.1-$1.2 billion range annually, supporting core operations and developing new capabilities in analytics and customer-facing systems.
Peer Outperformance in Property & Casualty Insurance
CB has outperformed 66% of its 41 Property & Casualty Insurance peers over 5Y. Among the peers that beat it are TRV, ALL and WRB. Property & Casualty Insurance ranks 5th of 18 industries in Financials by median 5Y return.
Share of Property & Casualty Insurance constituents that CB has outperformed, by holding period. Peers without a full price history over a given window are excluded from that window.
1Y
70%
of 46 industry peers · 34.9% return
3Y
51%
of 43 industry peers · 75.4% return
5Y
66%
of 41 industry peers · 108.2% return
Property & Casualty Insurance peers with revenue growth within 4pp of CB's that beat it on at least 2 of 3 windows, and by at least 20pp over 5Y. Growth is matched by construction, so the gap is largely a re-rating gap. The multiple column is the context for it.
| Ticker | Name | Rev Growth 3Y Avg | P/E | 1Y | 3Y | 5Y | 5Y Gap |
|---|---|---|---|---|---|---|---|
| CB | Chubb | 8.9% | 12.7x | 34.9% | 75.4% | 108.2% | — |
| TRV | Travelers Companies | 7.0% | 9.9x | 50.7% | 149.2% | 176.1% | +68pp |
| ALL | Allstate | 8.8% | 5.1x | 40.5% | 113.0% | 137.4% | +29pp |
| WRB | WR Berkley | 8.7% | 15.2x | 8.3% | 79.4% | 134.8% | +27pp |
Price returns, excluding dividends. P/E shown for context only and not used for matching.
Median price return by industry across the Financials sector, ranked by 5Y. Property & Casualty Insurance is CB's own industry. Use this to see which corners of the sector have carried the returns.
| Industry | Names | 1Y med | 3Y med | 5Y med | Top 3 by 5Y |
|---|---|---|---|---|---|
| Reinsurance | 6 | 37.5% | 74.0% | 118.3% | SPNT 170% · RGA 148% · RNR 138% |
| Investment Banking & Brokerage | 13 | -1.9% | 90.1% | 92.3% | IBKR 314% · SNEX 159% · HOOD 140% |
| Diversified Banks | 12 | 32.8% | 141.8% | 91.6% | CM 142% · RY 130% · JPM 126% |
| Life & Health Insurance | 20 | 17.2% | 52.4% | 78.2% | JXN 536% · UNM 303% · FG 188% |
| Property & Casualty Insurance ← | 42 | 21.7% | 72.7% | 65.0% | PGR 176% · TRV 176% · ACGL 166% |
| Multi-line Insurance | 9 | 10.2% | 68.9% | 63.6% | AIZ 100% · GNW 98% · L 97% |
| Multi-Sector Holdings | 3 | 9.8% | 52.4% | 57.5% | BRK-B 93% · VOYA 57% · JEF 35% |
| Regional Banks | 262 | 34.5% | 91.3% | 53.5% | CBC 263% · FCNCA 189% · NIC 146% |
| Financial Exchanges & Data | 15 | 19.8% | 33.8% | 32.6% | CBOE 176% · VIRT 144% · CME 71% |
| Insurance Brokers | 15 | 5.3% | 11.6% | 26.0% | LIFE 387% · ARX 89% · AJG 80% |
| Asset Management & Custody Banks | 85 | -6.1% | 21.7% | 8.8% | VCTR 257% · WT 230% · AAMI 191% |
| Consumer Finance | 30 | 5.9% | 72.9% | 5.4% | ENVA 397% · FCFS 137% · AXP 101% |
| Diversified Financial Services | 4 | -5.1% | 18.6% | 3.3% | FRHC 171% · EQH 80% |
| Commercial & Residential Mortgage Finance | 14 | -48.7% | 20.2% | -0.2% | FNMA 448% · FMCC 399% · ACT 167% |
| Specialized Finance | 3 | 8.4% | 31.0% | -20.6% | HASI -21% · CACC -28% |
| Transaction & Payment Processing Services | 17 | 15.8% | 17.6% | -22.2% | V 111% · MA 106% · CPAY 69% |
| Mortgage REITs | 35 | -19.0% | -7.6% | -35.2% | RITM 35% · DX 18% · AGNC 11% |
| Diversified Capital Markets | 20 | -58.1% | 2.5% | -68.4% | LPLA 80% · TW 39% · WULF -60% |
Median of constituents with a full price history over each window. Top names are limited to companies above $2B market cap.
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| With Chubb Stock Surging, Have You Considered The Downside? | 10/17/2025 | |
| CB Dip Buy Analysis | 07/10/2025 | |
| Chubb Total Shareholder Return (TSR): 25.1% in 2024 and 15.7% 3-yr compounded annual returns (below peer average) | 03/07/2025 | |
| Chubb (CB) Operating Cash Flow Comparison | 02/17/2025 | |
| Chubb (CB) Net Income Comparison | 02/15/2025 | |
| Chubb vs. S&P500 Correlation | 10/03/2024 | |
| Chubb Price Volatility | 09/24/2024 | |
| Fundamental Metrics: ... | 06/19/2024 | |
| Chubb vs. Large Cap Stocks: Which Is A Better Investment? | 01/29/2024 | |
| CB YTD Stock Return Of -3.6% Outperforms TRV by 7.0% and Underperforms PGR by -12% | 09/28/2023 | |
| ARTICLES | ||
| The 52-Week-High List: 58 S&P 500 Names On Tuesday | 07/29/2026 | |
| S&P 500 Stocks Trading At 52-Week High | 12/29/2025 | |
| Large Cap Stocks Trading At 52-Week High | 12/18/2025 |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 159.70 |
| Mkt Cap | 42.3 |
| Rev LTM | 39,142 |
| Op Inc LTM | - |
| FCF LTM | 8,796 |
| FCF 3Y Avg | 6,713 |
| CFO LTM | 8,835 |
| CFO 3Y Avg | 6,786 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 6.9% |
| Rev Chg 3Y Avg | 8.0% |
| Rev Chg Q | 0.3% |
| QoQ Delta Rev Chg LTM | 0.1% |
| Op Inc Chg LTM | - |
| Op Inc Chg 3Y Avg | - |
| Op Mgn LTM | - |
| Op Mgn 3Y Avg | - |
| QoQ Delta Op Mgn LTM | - |
| CFO/Rev LTM | 22.6% |
| CFO/Rev 3Y Avg | 21.7% |
| FCF/Rev LTM | 22.5% |
| FCF/Rev 3Y Avg | 21.4% |
Segment Financials
Revenue by Segment| $ Mil | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|
| North America Commercial Property and Casualty (P&C) Insurance | 17,539 | 16,025 | 15,031 | 14,435 | 14,152 |
| Overseas General Insurance | 11,038 | 9,819 | 9,470 | 9,231 | 8,741 |
| North America Personal Property and Casualty (P&C) Insurance | 5,164 | 5,126 | 4,952 | 4,829 | 4,625 |
| Life Insurance | 2,809 | 2,867 | 2,716 | 2,559 | 2,414 |
| North America Agricultural Insurance | 2,366 | 1,852 | 1,825 | 1,597 | 1,533 |
| Global Reinsurance | 1,129 | 1,005 | 933 | 927 | 977 |
| Corporate | 1,105 | -586 | -647 | -209 | -199 |
| Segment Measure Reclass | -187 | -114 | -94 | ||
| Net realized gains (losses) | -652 | ||||
| Total | 40,963 | 35,994 | 34,186 | 32,717 | 32,243 |
| $ Mil | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|
| Insurance - North American P&C | 1,056 | 1,085 | 1,021 | ||
| Insurance - Overseas General | 534 | 545 | 539 | 521 | 548 |
| Global Reinsurance | 300 | 316 | 280 | 290 | 287 |
| Life | 265 | 268 | 251 | 251 | 224 |
| Insurance - North American Agriculture | 23 | 26 | 26 | ||
| Corporate | 16 | 12 | 27 | ||
| Corporate and Other | 28 | 13 | |||
| Insurance - North American | 1,091 | 1,170 | |||
| Total | 2,194 | 2,252 | 2,144 | 2,181 | 2,242 |
Price Behavior
Price Behavior
| Market Price | $368.98 | |
| Market Cap ($ Bil) | 142.3 | |
| First Trading Date | 03/26/1993 | |
| Distance from 52W High | 0.0% | |
| 50 Days | 200 Days | |
| DMA Price | $343.61 | $332.85 |
| DMA Trend | indeterminate | up |
| Distance from DMA | 7.4% | 10.9% |
| 3M | 1YR | |
| Volatility | 17.4% | 19.4% |
| Downside Capture | -54.21 | -65.78 |
| Upside Capture | -22.21 | -21.96 |
| Correlation (S&P 500) | -22.0% | -26.8% |
CB Betas & Captures as of 10/31/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | -0.70 | -0.23 | -0.35 | -0.73 | -0.41 | 0.11 |
| Up Beta | -2.00 | -0.35 | 0.01 | -0.30 | -0.12 | 0.26 |
| Down Beta | -0.43 | -0.92 | -0.84 | -1.08 | -0.51 | 0.17 |
| Up Capture | 24% | 26% | -17% | -39% | -15% | 2% |
| Bmk +ve Days | 12 | 18 | 28 | 62 | 130 | 427 |
| Stock +ve Days | 14 | 24 | 33 | 65 | 137 | 405 |
| Down Capture | -157% | -38% | -51% | -133% | -128% | -44% |
| Bmk -ve Days | 10 | 25 | 36 | 64 | 121 | 325 |
| Stock -ve Days | 8 | 19 | 31 | 61 | 114 | 347 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with CB | |
|---|---|---|---|---|
| CB | 34.5% | 19.4% | 1.39 | - |
| Sector ETF (XLF) | 11.6% | 14.6% | 0.52 | 30.3% |
| Equity (SPY) | 11.6% | 12.8% | 0.57 | -27.4% |
| Gold (GLD) | -2.3% | 28.6% | -0.09 | -16.1% |
| Commodities (DBC) | 43.1% | 20.9% | 1.60 | -10.5% |
| Real Estate (VNQ) | 11.0% | 13.7% | 0.50 | 36.2% |
| Bitcoin (BTCUSD) | -28.8% | 43.6% | -0.66 | -17.4% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with CB | |
|---|---|---|---|---|
| CB | 16.1% | 20.4% | 0.65 | - |
| Sector ETF (XLF) | 9.0% | 18.3% | 0.35 | 55.8% |
| Equity (SPY) | 12.0% | 17.1% | 0.52 | 30.8% |
| Gold (GLD) | 16.5% | 19.0% | 0.69 | -3.9% |
| Commodities (DBC) | 8.4% | 19.6% | 0.31 | 6.5% |
| Real Estate (VNQ) | 1.1% | 18.9% | -0.05 | 38.4% |
| Bitcoin (BTCUSD) | 4.1% | 51.6% | 0.26 | 5.6% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with CB | |
|---|---|---|---|---|
| CB | 13.7% | 23.8% | 0.54 | - |
| Sector ETF (XLF) | 13.4% | 22.1% | 0.55 | 68.2% |
| Equity (SPY) | 15.2% | 17.9% | 0.72 | 51.0% |
| Gold (GLD) | 11.6% | 16.5% | 0.57 | -1.3% |
| Commodities (DBC) | 7.8% | 18.1% | 0.34 | 17.1% |
| Real Estate (VNQ) | 5.4% | 20.7% | 0.22 | 53.7% |
| Bitcoin (BTCUSD) | 61.7% | 66.3% | 1.01 | 8.4% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Earnings Returns History
Updated 10/29/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 10/20/2026 | -0.8% | -0.4% | |
| 7/21/2026 | -3.3% | 2.5% | -3.9% |
| 4/21/2026 | -1.2% | 0.3% | -0.3% |
| 2/3/2026 | 5.1% | 4.1% | 6.1% |
| 10/21/2025 | 2.7% | 2.3% | 9.2% |
| 7/22/2025 | -3.1% | -3.7% | 0.3% |
| 4/22/2025 | -2.0% | -1.9% | 0.0% |
| 1/28/2025 | 1.3% | -0.0% | 3.5% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 11 | 16 | 19 |
| # Negative | 14 | 9 | 5 |
| Median Positive | 3.1% | 3.1% | 3.5% |
| Median Negative | -1.5% | -1.9% | -3.5% |
| Max Positive | 5.3% | 9.6% | 23.6% |
| Max Negative | -6.2% | -5.4% | -8.4% |
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 10/20/2026 | -0.8% | -0.4% | |
| 7/21/2026 | -3.3% | 2.5% | -3.9% |
| 4/21/2026 | -1.2% | 0.3% | -0.3% |
| 2/3/2026 | 5.1% | 4.1% | 6.1% |
| 10/21/2025 | 2.7% | 2.3% | 9.2% |
| 7/22/2025 | -3.1% | -3.7% | 0.3% |
| 4/22/2025 | -2.0% | -1.9% | 0.0% |
| 1/28/2025 | 1.3% | -0.0% | 3.5% |
| 10/29/2024 | -1.2% | -3.5% | 1.1% |
| 7/23/2024 | -1.2% | 5.1% | 3.4% |
| 4/23/2024 | -2.7% | -0.5% | 7.0% |
| 1/31/2024 | -0.0% | 0.8% | 2.3% |
| 10/24/2023 | 2.0% | 1.5% | 7.2% |
| 7/25/2023 | 5.3% | 3.9% | 2.9% |
| 4/25/2023 | -1.4% | -0.3% | -3.5% |
| 1/31/2023 | -6.2% | -5.4% | -8.4% |
| 10/25/2022 | 1.4% | 6.0% | 6.3% |
| 7/26/2022 | -0.7% | -2.1% | 4.3% |
| 4/26/2022 | 3.5% | 2.1% | 2.3% |
| 2/1/2022 | 3.8% | 4.0% | 3.1% |
| 10/26/2021 | 1.6% | 1.8% | 1.7% |
| 7/27/2021 | -1.9% | 1.9% | 10.3% |
| 4/27/2021 | -1.5% | 3.7% | -0.3% |
| 2/2/2021 | 3.1% | 9.2% | 10.2% |
| 10/27/2020 | 3.2% | 9.6% | 23.6% |
| SUMMARY STATS | |||
| # Positive | 11 | 16 | 19 |
| # Negative | 14 | 9 | 5 |
| Median Positive | 3.1% | 3.1% | 3.5% |
| Median Negative | -1.5% | -1.9% | -3.5% |
| Max Positive | 5.3% | 9.6% | 23.6% |
| Max Negative | -6.2% | -5.4% | -8.4% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 09/30/2026 | 10/28/2026 | 10-Q |
| 06/30/2026 | 07/28/2026 | 10-Q |
| 03/31/2026 | 04/28/2026 | 10-Q |
| 12/31/2025 | 02/27/2026 | 10-K |
| 09/30/2025 | 10/27/2025 | 10-Q |
| 06/30/2025 | 07/28/2025 | 10-Q |
| 03/31/2025 | 04/28/2025 | 10-Q |
| 12/31/2024 | 02/27/2025 | 10-K |
| 09/30/2024 | 10/30/2024 | 10-Q |
| 06/30/2024 | 07/26/2024 | 10-Q |
| 03/31/2024 | 04/26/2024 | 10-Q |
| 12/31/2023 | 02/23/2024 | 10-K |
| 09/30/2023 | 11/01/2023 | 10-Q |
| 06/30/2023 | 07/28/2023 | 10-Q |
| 03/31/2023 | 05/02/2023 | 10-Q |
| 12/31/2022 | 02/24/2023 | 10-K |
| Report Date | Filing Date | Filing |
|---|---|---|
| 09/30/2026 | 10/28/2026 | 10-Q |
| 06/30/2026 | 07/28/2026 | 10-Q |
| 03/31/2026 | 04/28/2026 | 10-Q |
| 12/31/2025 | 02/27/2026 | 10-K |
| 09/30/2025 | 10/27/2025 | 10-Q |
| 06/30/2025 | 07/28/2025 | 10-Q |
| 03/31/2025 | 04/28/2025 | 10-Q |
| 12/31/2024 | 02/27/2025 | 10-K |
| 09/30/2024 | 10/30/2024 | 10-Q |
| 06/30/2024 | 07/26/2024 | 10-Q |
| 03/31/2024 | 04/26/2024 | 10-Q |
| 12/31/2023 | 02/23/2024 | 10-K |
| 09/30/2023 | 11/01/2023 | 10-Q |
| 06/30/2023 | 07/28/2023 | 10-Q |
| 03/31/2023 | 05/02/2023 | 10-Q |
| 12/31/2022 | 02/24/2023 | 10-K |
| 09/30/2022 | 10/28/2022 | 10-Q |
| 06/30/2022 | 07/29/2022 | 10-Q |
| 03/31/2022 | 04/29/2022 | 10-Q |
| 12/31/2021 | 02/24/2022 | 10-K |
| 09/30/2021 | 10/28/2021 | 10-Q |
| 06/30/2021 | 07/29/2021 | 10-Q |
| 03/31/2021 | 04/30/2021 | 10-Q |
| 12/31/2020 | 02/25/2021 | 10-K |
| 09/30/2020 | 10/30/2020 | 10-Q |
| 06/30/2020 | 07/31/2020 | 10-Q |
| 03/31/2020 | 04/29/2020 | 10-Q |
| 12/31/2019 | 02/27/2020 | 10-K |
Insider Activity
Updated 11/2/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Greenberg, Evan G | Chairman & CEO | Revocable Trust | Sell | 11022026 | 360.02 | 13,889 | 5,000,322 | 99,824,269 | Form |
| 2 | Boroughs, Timothy Alan | Executive Vice President* | Direct | Sell | 10282026 | 356.77 | 13,596 | 4,850,704 | 1,993,655 | Form |
| 3 | Connors, Michael P | Direct | Sell | 8252026 | 345.00 | 5,500 | 1,897,500 | 4,417,035 | Form | |
| 4 | Wayland, Joseph F | Executive Vice President and* | Direct | Sell | 7292026 | 364.54 | 8,502 | 3,099,319 | 12,302,990 | Form |
| 5 | Ortega, Juan Luis | Executive Vice President* | Direct | Sell | 6102026 | 322.08 | 3,886 | 1,251,603 | 9,294,884 | Form |
| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Greenberg, Evan G | Chairman & CEO | Revocable Trust | Sell | 11022026 | 360.02 | 13,889 | 5,000,322 | 99,824,269 | Form |
| 2 | Boroughs, Timothy Alan | Executive Vice President* | Direct | Sell | 10282026 | 356.77 | 13,596 | 4,850,704 | 1,993,655 | Form |
| 3 | Connors, Michael P | Direct | Sell | 8252026 | 345.00 | 5,500 | 1,897,500 | 4,417,035 | Form | |
| 4 | Wayland, Joseph F | Executive Vice President and* | Direct | Sell | 7292026 | 364.54 | 8,502 | 3,099,319 | 12,302,990 | Form |
| 5 | Ortega, Juan Luis | Executive Vice President* | Direct | Sell | 6102026 | 322.08 | 3,886 | 1,251,603 | 9,294,884 | Form |
| 6 | Keogh, John W | President &COO | Direct | Sell | 5292026 | 321.51 | 23,000 | 7,394,740 | 65,370,040 | Form |
| 7 | Atieh, Michael G | Direct | Sell | 5262026 | 329.53 | 578 | 190,468 | 13,185,893 | Form | |
| 8 | Steimer, Olivier | Direct | Sell | 3202026 | 329.30 | 2,000 | 658,600 | 8,386,537 | Form | |
| 9 | Ohsiek, George F | Chief Accounting Officer | Direct | Sell | 3102026 | 325.20 | 770 | 250,408 | 5,556,926 | Form |
| 10 | Johns, Bryce L | Senior Vice President,* | Direct | Sell | 3062026 | 336.62 | 1,500 | 504,925 | 8,337,996 | Form |
| 11 | Wayland, Joseph F | Executive Vice President and* | Direct | Sell | 3052026 | 336.44 | 7,645 | 2,572,084 | 18,912,084 | Form |
| 12 | Ohsiek, George F | Chief Accounting Officer | Direct | Sell | 2172026 | 324.30 | 3,900 | 1,264,775 | 5,518,461 | Form |
| 13 | Ohsiek, George F | Chief Accounting Officer | Direct | Sell | 2172026 | 328.97 | 1,240 | 407,923 | 6,880,887 | Form |
| 14 | Greenberg, Evan G | Chairman & CEO | Direct | Sell | 2172026 | 335.09 | 14,925 | 5,001,273 | 166,424,621 | Form |
| 15 | Greenberg, Evan G | Chairman & CEO | Direct | Sell | 2092026 | 331.47 | 15,060 | 4,991,867 | 169,569,692 | Form |
| 16 | Ortega, Juan Luis | Executive Vice President* | Direct | Sell | 12042025 | 295.04 | 4,357 | 1,285,489 | 10,648,858 | Form |
| 17 | Boroughs, Timothy Alan | Executive Vice President* | Direct | Sell | 11262025 | 296.17 | 10,580 | 3,133,479 | 3,749,512 | Form |
| 18 | Boroughs, Timothy Alan | Executive Vice President* | Family Foundation | Sell | 11262025 | 295.19 | 850 | 250,912 | 467,876 | Form |
| 19 | Lupica, John J | Vice Chrm, Chubb Group* | Direct | Sell | 11182025 | 296.45 | 16,375 | 4,854,369 | 22,004,061 | Form |
| 20 | Wayland, Joseph F | Executive Vice President and* | Direct | Sell | 11142025 | 297.08 | 5,830 | 1,731,976 | 18,001,074 | Form |
Investor Activity (13F)
Updated Nov 3, 202613F holdings as of Mar 31, 2026 (Q1 2026)
Active managers (13F portfolio over $250M, at least 3 holdings) with a position over $5M that is either over 10% of their portfolio or held in a concentrated book of 50 or fewer total positions. Index/ETF, sovereign, bank, community-bank and charitable/donor-advised filers are excluded.
| Active Manager | Value | % of Portfolio | Total Positions | QoQ | Filing |
|---|---|---|---|---|---|
| Mycio Wealth Partners, LLC | $309.8 Mil | 61.7% | 49 | Hold | 13F |
| Talaria Asset Management Pty Ltd | $72.8 Mil | 14.7% | 12 | Hold | 13F |
| Oldfield Partners LLP | $57.6 Mil | 14.6% | 18 | Hold | 13F |
| Altrinsic Global Advisors LLC | $385.8 Mil | 13.8% | 135 | TRIM -9.8% | 13F |
| Unio Capital LLC | $55.0 Mil | 11.8% | 21 | TRIM -16.0% | 13F |
| Troy Asset Management Ltd | $285.1 Mil | 8.5% | 30 | ADD +10.4% | 13F |
| Nepsis Inc. | $17.1 Mil | 5.7% | 29 | Hold | 13F |
| Wedgewood Partners Inc | $17.6 Mil | 3.6% | 22 | Hold | 13F |
| Hi-Line Capital Management, LLC | $10.5 Mil | 3.3% | 32 | Hold | 13F |
| Weybosset Research & Management LLC | $10.9 Mil | 3.2% | 33 | Hold | 13F |
| XXEC, Inc. | $15.6 Mil | 2.7% | 23 | New | 13F |
| Elite Wealth Management, Inc. | $8.0 Mil | 2.6% | 49 | New | 13F |
| Bender Robert & Associates | $10.1 Mil | 2.4% | 45 | Hold | 13F |
| Active Manager | Value | % of Portfolio | Total Positions | QoQ | Filing |
|---|---|---|---|---|---|
| Altrinsic Global Advisors LLC | $385.8 Mil | 13.8% | 135 | TRIM -9.8% | 13F |
| Mycio Wealth Partners, LLC | $309.8 Mil | 61.7% | 49 | Hold | 13F |
| Troy Asset Management Ltd | $285.1 Mil | 8.5% | 30 | ADD +10.4% | 13F |
| Talaria Asset Management Pty Ltd | $72.8 Mil | 14.7% | 12 | Hold | 13F |
| Oldfield Partners LLP | $57.6 Mil | 14.6% | 18 | Hold | 13F |
| Unio Capital LLC | $55.0 Mil | 11.8% | 21 | TRIM -16.0% | 13F |
| Wedgewood Partners Inc | $17.6 Mil | 3.6% | 22 | Hold | 13F |
| Nepsis Inc. | $17.1 Mil | 5.7% | 29 | Hold | 13F |
| XXEC, Inc. | $15.6 Mil | 2.7% | 23 | New | 13F |
| Weybosset Research & Management LLC | $10.9 Mil | 3.2% | 33 | Hold | 13F |
| Hi-Line Capital Management, LLC | $10.5 Mil | 3.3% | 32 | Hold | 13F |
| Bender Robert & Associates | $10.1 Mil | 2.4% | 45 | Hold | 13F |
| Elite Wealth Management, Inc. | $8.0 Mil | 2.6% | 49 | New | 13F |
Chubb — Investor Video Playlist
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Chubb Limited Q1 2026 Earnings Call | Net Income Hits $2.3B as P&C Underwriting Income Surges 14%
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CB Stock: $14.0B Revenue — Q1 2026 Earnings Analysis
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Chubb Q3 2025 Earnings: Record Profits & Bullish Outlook Unveiled
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