International Assets Investment Management and
Nordea Investment Management have significantly reduced their stake in
Chubb Limited (NYSE: CB). Conversely,
Wealth Enhancement Advisory Services and
Diversified Trust Co have increased their holdings, reflecting mixed sentiment among investors.
Chubb's stock performance has been strong, delivering a 94% return over the last five years, raising interest among investors, including notable figure
Warren Buffett. An upbeat Q4 2025 earnings call is scheduled for January 28th. The company has been lauded for its attractive
financial prospects, strong
fundamentals, and recent
price correction, regarded as an enticing entry point. Industry risk from the LA wildfires is considered to be higher for
Mercury General and
Chubb, but Berkshire Hathaway's impact is minimal. Net losses from Hurricane Milton are estimated at $250-300 million pre-tax. Q3 earnings surpassed expectations thanks to efficient underwriting, despite insiders selling $47m in stock. Notably, the potential growth outlook for Chubb has been questioned, with
Executive Vice President Joseph Wayland and
Director Michael Atieh recently reducing their holdings.
Chubb Limited CB News Analytics from Tue, 23 Apr 2024 07:00:00 GMT to Fri, 10 Jan 2025 16:39:35 GMT -
Rating 7
- Innovation 2
- Information 6
- Rumor -3
