Last $89.88 USD
Change Today +0.01 / 0.01%
Volume 1.1M
CB On Other Exchanges
Symbol
Exchange
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As of 8:04 PM 05/17/13 All times are local (Market data is delayed by at least 15 minutes).

chubb corp (CB) Snapshot

Open
$90.01
Previous Close
$89.87
Day High
$90.58
Day Low
$89.56
52 Week High
05/15/13 - $90.64
52 Week Low
07/24/12 - $68.51
Market Cap
23.3B
Average Volume 10 Days
844.6K
EPS TTM
$5.65
Shares Outstanding
259.2M
EX-Date
03/13/13
P/E TM
15.9x
Dividend
$1.76
Dividend Yield
1.86%
Current Stock Chart for CHUBB CORP (CB)

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chubb corp (CB) Details

The Chubb Corporation, through its subsidiaries, provides property and casualty insurance to businesses and individuals. It offers personal insurance products, such as automobile, yachts, homeowners, and other personal coverage products, as well as personal accident and supplemental health insurance products. The company also provides commercial insurance products, including multiple peril, primary liability, excess and umbrella liability, automobile, workers’ compensation, and property and marine insurance products. In addition, it offers specialty insurance products comprising professional liability and surety products for privately held and publicly traded companies, financial institutions, professional firms, healthcare, and not-for-profit organizations. The company distributes its products through independent insurance agents and insurance brokers in the United States, Canada, Europe, Australia, Latin America, and Asia. The Chubb Corporation was founded in 1882 and is headquartered in Warren, New Jersey.

10,200 Employees
Last Reported Date: 02/28/13
Founded in 1882

chubb corp (CB) Top Compensated Officers

Chairman, Chief Executive Officer, President ...
Total Annual Compensation: $1.3M
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $841.5K
President of Commercial and Specialty Lines f...
Total Annual Compensation: $726.3K
President of Personal Lines and Claims
Total Annual Compensation: $726.3K
Executive Vice President, Chief Administrativ...
Total Annual Compensation: $622.5K
Compensation as of Fiscal Year 2012.

chubb corp (CB) Key Developments

Chubb Commercial Insurance Reports Unaudited Revenue Results for the First Quarter Ended March 31, 2013

Chubb Commercial Insurance reported unaudited revenue results for the first quarter ended March 31, 2013. For the quarter, the company's net written premiums increased 2% in the first quarter to $1.4 billion. The combined ratio for the quarter was 81.9% in 2013 and 93.3% in 2012. The impact of catastrophes in the first quarter of 2013 improved CCI’s combined ratio by 1.7 percentage points as a result of a 2.1 point impact related to a decrease in estimated CCI losses from Storm Sandy. In the first quarter of 2012, the impact of catastrophes accounted for 0.9 percentage points of CCI’s combined ratio. Excluding the impact of catastrophes, CCI’s first quarter combined ratio was 83.6% in 2013 and 92.4% in 2012.

Chubb Personal Insurance Reports Unaudited Revenue Results for the First Quarter Ended March 31, 2013

Chubb Personal Insurance reported unaudited revenue results for the first quarter ended March 31, 2013. For the quarter, the company's net written premiums increased 5% in the first quarter to $987 million. CPI’s combined ratio for the quarter was 87.0%, compared to 85.5% in the first quarter of 2012. The first-quarter impact of catastrophes accounted for 3.9 percentage points in 2013, including a 2.6 point impact related to an increase in estimated CPI losses from Storm Sandy. In the first quarter of 2012, the impact of catastrophes was 1.2 points. Excluding the impact of catastrophes, CPI’s first quarter combined ratio was 83.1% in 2013 and 84.3% in 2012.

The Chubb Corporation Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2013

The Chubb Corporation reported unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, net premiums written was $3,057 million against $2,949 million a year ago. Premiums earned were $3,004 million against $2,951 million a year ago. Consolidated operating income before income tax was $778 million against $623 million a year ago. Consolidated operating income was $566 million or $2.14 per diluted share against $469 million or $1.70 per diluted share a year ago. Realized investment gains after income tax were $90 million against $37 million a year ago. Consolidated net income was $656 million or $2.48 per diluted share against $506 million or $1.70 per diluted share a year ago. Book value per common share was $61.79 against $57.37 a year ago. Annualized ROE was 16.5%. Adjusted book value per share was $55.57 compared to $53.80 at 2012 year end. Operating Return on Equity was 16.3% against 13.8% a year ago.

 

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Industry Analysis

CB

Industry Average

Valuation CB Industry Range
Price/Earnings 14.2x
Price/Sales 1.7x
Price/Book 1.5x
Price/Cash Flow 13.7x
TEV/Sales 1.3x
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