2024-04-25 08:44:51 ET
Summary
- Chubb Limited is a Dividend Champion with a strong track record of raising dividends for 25+ consecutive years.
- The company has excelled in property and casualty insurance markets, implementing rate changes to counteract inflation.
- Chubb's financial performance is strong, with steady growth in net income and a focus on underwriting discipline and premium growth.
- Chubb kicked off the first quarter earnings season on April 23rd with a stellar performance, boasting an exceptional combined ratio and robust double-digit premium growth.
- Despite the impressive underwriting performance and shareholder-friendly capital distribution through active share repurchase programs and dividend increases, the narrow safety margin suggests a "HOLD" rating.
Executive Summary
The Dividend Champions, companies that have raised their dividend for 25+ consecutive years, count Chubb Limited ( CB ) among their esteemed members. Renowned for its dominance in property and casualty insurance markets, Chubb has consistently achieved single-digit growth and maintained exceptional underwriting standards over the years....
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For further details see:
Chubb Limited: Where Impressive Becomes The New Norm