The spotlight is fiercely switched on to Chubb Limited (CB) as its stocks come under scrutiny. Notably, the insurance company's stocks have witnessed fluctuations, with numerous entities increasing, trimming, or introducing positions. Firms like Wealthfront Advisers, Main Street Research, and Achmea Investment Management amplified their holdings. Zurcher Kantonalbank, Victory Capital Management, and Sage Investment Counsel also purchased shares, indicating possible confidence in the company's value. Tredje AP fonden, PNC Financial Services Group, and Swiss National Bank stood at the other end decreasing their positions. Evan G. Greenberg, Rep. Julie Johnson and Chubb's EVP culled their stockholdings.
Simultaneously, the market reflected a divided sentiment about Chubb. Some analysts tagged it as one of the most undervalued insurance stocks worth investment, suggesting impressive financial prospects, being one of Warren Buffett's notable picks. Conversely, concerns were registered about slow growth hampering share price and attractiveness for the forecast period till 2025. In terms of industry moves, Chubb has notably acquired Liberty Mutual's P&C Insurance businesses in Thailand and Vietnam.
Chubb Limited CB News Analytics from Sun, 15 Sep 2024 07:00:00 GMT to Sat, 15 Mar 2025 22:38:44 GMT - Rating -1 - Innovation -2 - Information 4 - Rumor -3
