Chubb Limited (CB) 124.90 $CB
Chubb's entertainment team enhances Commercial Producers Policy wording for UK and Ireland clients
PR Newswire Europe - Tue Aug 02, 5:47AM CDT
Chubb today announced that it has enhanced its insurance policy wording for companies producing television and other advertising commercials, as the creative industry sector continues to grow and its risks evolve.
CB: 124.90 (-0.37)
Chubb Names Michael Kessler Chief Reinsurance Officer
PR Newswire - Thu Jul 28, 4:55PM CDT
Chubb Limited (NYSE: CB) today announced that Michael Kessler has been appointed Vice President, Chubb Group and Chief Reinsurance Officer. Currently, Mr. Kessler is Chief Actuary of Chubb Overseas General, the company's international general insurance business. Mr. Kessler succeeds William O'Farrell, who has served as the company's Chief Reinsurance Officer since 2005 and is leaving Chubb to pursue other business opportunities.
CB: 124.90 (-0.37)
Company News for July 28, 2016
Zacks Equity Research - Zacks Investment Research - Thu Jul 28, 9:10AM CDT
Companies In The News are: TWTR,APC,CB,ILMN
ILMN: 167.66 (-2.99), CB: 124.90 (-0.37), TWTR: 16.40 (-0.24), APC: 51.25 (-0.60)
Next Support Level for Chubb (CB) is $126.43
Comtex SmarTrend(R) - Thu Jul 28, 8:48AM CDT
Shares of Chubb (NYSE:CB) opened today below their pivot of $127.42 and have already reached the first level of support at $126.80. Should the shares continue to fall, the support pivots of $126.43 and $125.44 will be of interest.
CB: 124.90 (-0.37)
Combined Insurance Marks Anniversary of Medicare Law
PR Newswire - Thu Jul 28, 8:30AM CDT
Medicare was signed into law by President Lyndon Johnson on July 30, 1965. Combined Insurance, a leading provider of individual supplemental accident, disability, health, and life insurance products, and a Chubb company, is encouraging seniors to mark the 51st anniversary of this historic date by taking time out to determine if they are prepared to face an unexpected illness or injury with Medicare alone.
CB: 124.90 (-0.37)
Bolsa de Valores de Colombia (BVC) Extends Trading Technology Contract with Nasdaq
GlobeNewswire - Thu Jul 28, 8:03AM CDT
Nasdaq, Inc. (Nasdaq:NDAQ) and the Bolsa de Valores de Colombia (BVC) today announced the extension of their current trading technology contract for an additional seven years. This extension is part of BVC's ongoing initiative to continue strengthening its position in both the regional and international exchange arena.
CB: 124.90 (-0.37), NDAQ: 71.09 (-0.33)
Chubb Limited (CB) Q2 Earnings Miss Estimates, Decline Y/Y
Zacks Equity Research - Zacks Investment Research - Wed Jul 27, 9:41AM CDT
Chubb Limited (CB) reported second-quarter 2016 operating income of $2.25 per share, which missed the Zacks Consensus Estimate of $2.26 by 0.4%.
PGR: 32.59 (+0.09), RLI: 68.25 (-0.41), FAF: 40.99 (-0.65), CB: 124.90 (-0.37)
Chubb Reports Second Quarter Net and Operating Income of $1.54 and $2.25 per Share, Respectively; Annualized ROE and Operating ROE are 6.2% and 9.5%, Respectively, for the Quarter and 5.3% and 9.8% Year-to-Date
PR Newswire - Tue Jul 26, 3:24PM CDT
Chubb Limited (NYSE: CB) today reported net income for the quarter ended June 30, 2016, of $726 million, or $1.54 per share, compared with $942 million, or $2.86 per share, for the same quarter last year. Operating income was $1,058 million, or $2.25 per share, compared with $788 million, or $2.40 per share, for the same quarter last year. Operating income excluding catastrophe losses was $1,369 million, or $2.91 per share, compared with $894 million, or $2.72 per share last year. The property and casualty (P&C) combined ratio for the quarter was 91.2%. Book value and tangible book value per share increased 2.7% and 6.1%, respectively, from March 31, 2016 and now stand at $101.56 and $57.14, respectively. Book value and tangible book value per share were favorably impacted by unrealized gains in the company's investment portfolio in the quarter of $706 million, after tax.
ACE: 111.02 (+0.96), CB: 124.90 (-0.37)
Chubb Introduces New Insurance Product Dedicated to Canadian Private Companies
CNW Group - Mon Jul 18, 12:11PM CDT
Chubb has launched a modular insurance policy designed specifically for Canadian privately owned companies. ForeFront Portfolio addresses the broad range of liability risks faced by Canadian private companies in an increasingly risky and litigious business environment.
CB: 124.90 (-0.37)
Blue Capital Estimates Q2 Catastrophe Loss of $5.1 Million
Zacks Equity Research - Zacks Investment Research - Mon Jul 18, 8:47AM CDT
Blue Capital Reinsurance Holdings Ltd. (BCRH) a subsidiary of Endurance Specialty Holdings Ltd. (ENH) estimated catastrophe loss, net of reinstatement premiums, to be around $5.1 million in the second quarter of 2016.
BCRH: 18.19 (+0.32), CB: 124.92 (-0.35), ENH: 66.33 (-0.87), XL: 33.71 (-0.37)
Coverage Initiated on Select Property and Casualty Insurance Equities
ACCESSWIRE - Mon Jul 18, 8:15AM CDT
LONDON, UK / ACCESSWIRE / July 18, 2016 / Active Wall St. announces the list of stocks for today's coverage. Pre-market the Active Wall St. team provides the latest corporate, market and technical events impacting selected stocks on the Property & Casualty Insurance industry. Companies recently under review include Old Republic International, Chubb, AmTrust Financial Services, and Cincinnati Financial. See our complete notes on Old Republic International at:
CINF: 74.79 (-0.29), AFSI: 24.89 (+0.58), CB: 124.92 (-0.35), ORI: 19.27 (unch)
Cincinnati Financial (CINF) to Incur Q2 Catastrophe Loss
Zacks Equity Research - Zacks Investment Research - Fri Jul 15, 10:07AM CDT
Cincinnati Financial (CINF) projects second quarter pre-tax catastrophe loss between $160 million and $170 million. The insurer expects combined ratio between 98% and 101% in the second quarter.
AHL: 45.31 (-0.21), CINF: 74.79 (-0.29), CB: 124.92 (-0.35), XL: 33.71 (-0.37)
Aspen (AHL) Likely to Incur $65 Million Q2 Catastrophe Loss
Zacks Equity Research - Zacks Investment Research - Fri Jul 15, 9:24AM CDT
Aspen (AHL) Likely to Incur $65 Million Q2 Catastrophe Loss where Reinsurance segment will bear 75% of the catastrophe loss and the Insurance segment will incur the remaining 25%.
AHL: 45.31 (-0.21), CB: 124.92 (-0.35), KMPR: 33.74 (-0.10), XL: 33.71 (-0.37)
Kemper (KMPR) Estimates Q2 Catastrophe Loss of $52 Million
Zacks Equity Research - Zacks Investment Research - Thu Jul 14, 9:22AM CDT
Kemper Corporation (KMPR) estimates second-quarter, 2016 catastrophe loss of $52 million. The insurer is unlikely to recover any of these losses from its catastrophe reinsurance program.
VR: 49.45 (-0.07), CB: 124.92 (-0.35), KMPR: 33.74 (-0.10), XL: 33.71 (-0.37)
Combined Insurance Named To Ward's 50® Top Performing Life-Health Insurance Companies
PR Newswire - Thu Jul 14, 8:30AM CDT
Combined Insurance, a leading provider of individual supplemental accident, disability, health, and life insurance products, and a Chubb company is on the 2016 Ward's 50 list of top performing life-health insurance companies. Included on Ward's 50 list for the seventh consecutive year, Combined Insurance is recognized for achieving outstanding financial results in the areas of safety, consistency, and performance over a five-year period (2011-2015).
CB: 124.92 (-0.35)
XL Group (XL) May Incur $240 Million Q2 Catastrophe Loss
Zacks Equity Research - Zacks Investment Research - Thu Jul 14, 5:20AM CDT
XL Group plc (XL) projects pre-tax catastrophe loss of $240 million, net of reinsurance and including reinstatement premiums, in the second quarter.
AHL: 45.31 (-0.21), CB: 124.92 (-0.35), KMPR: 33.74 (-0.10), XL: 33.71 (-0.37)
Chubb enhances insurance proposition for technology companies in the UK and Ireland
PR Newswire Europe - Thu Jul 14, 4:14AM CDT
Chubb today announced that it has enhanced MasterPackage for Technology Companies, its comprehensive single contract insurance solution for technology businesses in the UK, as it continues to expand its offering in this key sector of the economy.
CB: 124.92 (-0.35)
Chubb (CB) Likely to Incur $315M Q2 Catastrophe Loss
Zacks Equity Research - Zacks Investment Research - Wed Jul 13, 5:31PM CDT
Chubb (CB) projects catastrophe loss of $315 million ($390 million pre-tax) net of reinsurance and including reinstatement premiums in the second quarter.
VR: 49.45 (-0.07), TPRE: 12.49 (-0.11), CB: 124.92 (-0.35), KMPR: 33.74 (-0.10)
Validus Holdings (VR) Estimates Cat Loss Worth $60 Million
Zacks Equity Research - Zacks Investment Research - Wed Jul 13, 9:36AM CDT
Validus (VR) estimates catastrophe loss of $60 million in the second quarter. Nonetheless, the insurer has managed to mitigate these losses marginally through reinsurance and retrocessional recoveries.
VR: 49.45 (-0.07), BRO: 36.51 (-0.11), CB: 124.92 (-0.35), KMPR: 33.74 (-0.10)
Chubb's entertainment team enhances Commercial Producers Policy wording for UK and Ireland clients
PR Newswire Europe - Tue Aug 02, 5:47AM CDT
Chubb today announced that it has enhanced its insurance policy wording for companies producing television and other advertising commercials, as the creative industry sector continues to grow and its risks evolve.
CB: 124.90 (-0.37)
Chubb Names Michael Kessler Chief Reinsurance Officer
PR Newswire - Thu Jul 28, 4:55PM CDT
Chubb Limited (NYSE: CB) today announced that Michael Kessler has been appointed Vice President, Chubb Group and Chief Reinsurance Officer. Currently, Mr. Kessler is Chief Actuary of Chubb Overseas General, the company's international general insurance business. Mr. Kessler succeeds William O'Farrell, who has served as the company's Chief Reinsurance Officer since 2005 and is leaving Chubb to pursue other business opportunities.
CB: 124.90 (-0.37)
Company News for July 28, 2016
Zacks Equity Research - Zacks Investment Research - Thu Jul 28, 9:10AM CDT
Companies In The News are: TWTR,APC,CB,ILMN
ILMN: 167.66 (-2.99), CB: 124.90 (-0.37), TWTR: 16.40 (-0.24), APC: 51.25 (-0.60)
Next Support Level for Chubb (CB) is $126.43
Comtex SmarTrend(R) - Thu Jul 28, 8:48AM CDT
Shares of Chubb (NYSE:CB) opened today below their pivot of $127.42 and have already reached the first level of support at $126.80. Should the shares continue to fall, the support pivots of $126.43 and $125.44 will be of interest.
CB: 124.90 (-0.37)
Combined Insurance Marks Anniversary of Medicare Law
PR Newswire - Thu Jul 28, 8:30AM CDT
Medicare was signed into law by President Lyndon Johnson on July 30, 1965. Combined Insurance, a leading provider of individual supplemental accident, disability, health, and life insurance products, and a Chubb company, is encouraging seniors to mark the 51st anniversary of this historic date by taking time out to determine if they are prepared to face an unexpected illness or injury with Medicare alone.
CB: 124.90 (-0.37)
Bolsa de Valores de Colombia (BVC) Extends Trading Technology Contract with Nasdaq
GlobeNewswire - Thu Jul 28, 8:03AM CDT
Nasdaq, Inc. (Nasdaq:NDAQ) and the Bolsa de Valores de Colombia (BVC) today announced the extension of their current trading technology contract for an additional seven years. This extension is part of BVC's ongoing initiative to continue strengthening its position in both the regional and international exchange arena.
CB: 124.90 (-0.37), NDAQ: 71.09 (-0.33)
Chubb Limited (CB) Q2 Earnings Miss Estimates, Decline Y/Y
Zacks Equity Research - Zacks Investment Research - Wed Jul 27, 9:41AM CDT
Chubb Limited (CB) reported second-quarter 2016 operating income of $2.25 per share, which missed the Zacks Consensus Estimate of $2.26 by 0.4%.
PGR: 32.59 (+0.09), RLI: 68.25 (-0.41), FAF: 40.99 (-0.65), CB: 124.90 (-0.37)
Chubb Reports Second Quarter Net and Operating Income of $1.54 and $2.25 per Share, Respectively; Annualized ROE and Operating ROE are 6.2% and 9.5%, Respectively, for the Quarter and 5.3% and 9.8% Year-to-Date
PR Newswire - Tue Jul 26, 3:24PM CDT
Chubb Limited (NYSE: CB) today reported net income for the quarter ended June 30, 2016, of $726 million, or $1.54 per share, compared with $942 million, or $2.86 per share, for the same quarter last year. Operating income was $1,058 million, or $2.25 per share, compared with $788 million, or $2.40 per share, for the same quarter last year. Operating income excluding catastrophe losses was $1,369 million, or $2.91 per share, compared with $894 million, or $2.72 per share last year. The property and casualty (P&C) combined ratio for the quarter was 91.2%. Book value and tangible book value per share increased 2.7% and 6.1%, respectively, from March 31, 2016 and now stand at $101.56 and $57.14, respectively. Book value and tangible book value per share were favorably impacted by unrealized gains in the company's investment portfolio in the quarter of $706 million, after tax.
ACE: 111.02 (+0.96), CB: 124.90 (-0.37)
Chubb Introduces New Insurance Product Dedicated to Canadian Private Companies
CNW Group - Mon Jul 18, 12:11PM CDT
Chubb has launched a modular insurance policy designed specifically for Canadian privately owned companies. ForeFront Portfolio addresses the broad range of liability risks faced by Canadian private companies in an increasingly risky and litigious business environment.
CB: 124.90 (-0.37)
Blue Capital Estimates Q2 Catastrophe Loss of $5.1 Million
Zacks Equity Research - Zacks Investment Research - Mon Jul 18, 8:47AM CDT
Blue Capital Reinsurance Holdings Ltd. (BCRH) a subsidiary of Endurance Specialty Holdings Ltd. (ENH) estimated catastrophe loss, net of reinstatement premiums, to be around $5.1 million in the second quarter of 2016.
BCRH: 18.19 (+0.32), CB: 124.92 (-0.35), ENH: 66.33 (-0.87), XL: 33.71 (-0.37)
Coverage Initiated on Select Property and Casualty Insurance Equities
ACCESSWIRE - Mon Jul 18, 8:15AM CDT
LONDON, UK / ACCESSWIRE / July 18, 2016 / Active Wall St. announces the list of stocks for today's coverage. Pre-market the Active Wall St. team provides the latest corporate, market and technical events impacting selected stocks on the Property & Casualty Insurance industry. Companies recently under review include Old Republic International, Chubb, AmTrust Financial Services, and Cincinnati Financial. See our complete notes on Old Republic International at:
CINF: 74.79 (-0.29), AFSI: 24.89 (+0.58), CB: 124.92 (-0.35), ORI: 19.27 (unch)
Cincinnati Financial (CINF) to Incur Q2 Catastrophe Loss
Zacks Equity Research - Zacks Investment Research - Fri Jul 15, 10:07AM CDT
Cincinnati Financial (CINF) projects second quarter pre-tax catastrophe loss between $160 million and $170 million. The insurer expects combined ratio between 98% and 101% in the second quarter.
AHL: 45.31 (-0.21), CINF: 74.79 (-0.29), CB: 124.92 (-0.35), XL: 33.71 (-0.37)
Aspen (AHL) Likely to Incur $65 Million Q2 Catastrophe Loss
Zacks Equity Research - Zacks Investment Research - Fri Jul 15, 9:24AM CDT
Aspen (AHL) Likely to Incur $65 Million Q2 Catastrophe Loss where Reinsurance segment will bear 75% of the catastrophe loss and the Insurance segment will incur the remaining 25%.
AHL: 45.31 (-0.21), CB: 124.92 (-0.35), KMPR: 33.74 (-0.10), XL: 33.71 (-0.37)
Kemper (KMPR) Estimates Q2 Catastrophe Loss of $52 Million
Zacks Equity Research - Zacks Investment Research - Thu Jul 14, 9:22AM CDT
Kemper Corporation (KMPR) estimates second-quarter, 2016 catastrophe loss of $52 million. The insurer is unlikely to recover any of these losses from its catastrophe reinsurance program.
VR: 49.45 (-0.07), CB: 124.92 (-0.35), KMPR: 33.74 (-0.10), XL: 33.71 (-0.37)
Combined Insurance Named To Ward's 50® Top Performing Life-Health Insurance Companies
PR Newswire - Thu Jul 14, 8:30AM CDT
Combined Insurance, a leading provider of individual supplemental accident, disability, health, and life insurance products, and a Chubb company is on the 2016 Ward's 50 list of top performing life-health insurance companies. Included on Ward's 50 list for the seventh consecutive year, Combined Insurance is recognized for achieving outstanding financial results in the areas of safety, consistency, and performance over a five-year period (2011-2015).
CB: 124.92 (-0.35)
XL Group (XL) May Incur $240 Million Q2 Catastrophe Loss
Zacks Equity Research - Zacks Investment Research - Thu Jul 14, 5:20AM CDT
XL Group plc (XL) projects pre-tax catastrophe loss of $240 million, net of reinsurance and including reinstatement premiums, in the second quarter.
AHL: 45.31 (-0.21), CB: 124.92 (-0.35), KMPR: 33.74 (-0.10), XL: 33.71 (-0.37)
Chubb enhances insurance proposition for technology companies in the UK and Ireland
PR Newswire Europe - Thu Jul 14, 4:14AM CDT
Chubb today announced that it has enhanced MasterPackage for Technology Companies, its comprehensive single contract insurance solution for technology businesses in the UK, as it continues to expand its offering in this key sector of the economy.
CB: 124.92 (-0.35)
Chubb (CB) Likely to Incur $315M Q2 Catastrophe Loss
Zacks Equity Research - Zacks Investment Research - Wed Jul 13, 5:31PM CDT
Chubb (CB) projects catastrophe loss of $315 million ($390 million pre-tax) net of reinsurance and including reinstatement premiums in the second quarter.
VR: 49.45 (-0.07), TPRE: 12.49 (-0.11), CB: 124.92 (-0.35), KMPR: 33.74 (-0.10)
Validus Holdings (VR) Estimates Cat Loss Worth $60 Million
Zacks Equity Research - Zacks Investment Research - Wed Jul 13, 9:36AM CDT
Validus (VR) estimates catastrophe loss of $60 million in the second quarter. Nonetheless, the insurer has managed to mitigate these losses marginally through reinsurance and retrocessional recoveries.
VR: 49.45 (-0.07), BRO: 36.51 (-0.11), CB: 124.92 (-0.35), KMPR: 33.74 (-0.10)
