Last $102.57 USD
Change Today -0.72 / -0.70%
Volume 604.9K
CB On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 8:04 PM 01/27/15 All times are local (Market data is delayed by at least 15 minutes).

chubb corp (CB) Key Developments

John D. Finnegan to Retire from the Chubb Corporation, Effective on December 31, 2016

The Chubb Corporation announced that John D. Finnegan, Chairman, President and Chief Executive Officer of the company, and the Board of Directors of the company have agreed that Mr. Finnegan will retire from the company on December 31, 2016.

The Chubb Corporation, Board Meeting, Dec 04, 2014

The Chubb Corporation, Board Meeting, Dec 04, 2014. Agenda: To consider employment agreement of John D. Finnegan.

Chubb Board Declares Regular Quarterly Dividend Payable on January 6, 2015

The Board of Directors of The Chubb Corporation declared a regular quarterly dividend in the amount of $0.50 per share payable on January 6, 2015 to shareholders of record on December 19, 2014.

Chubb Insurance Company Announces Executive Changes

Chubb's Lynn George has been appointed European chief operations director at the insurer. George was previously European claims manager and has been succeeded by Marta Gomez-Llorente, formerly Chubb Spain and Italy regional manager.

The Chubb Corporation Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014; Provides Earnings Guidance for the Fourth Quarter of 2014; Raises Earnings Guidance for Fiscal 2014

The Chubb Corporation reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, net income increased to $594 million from $541 million in the third quarter of 2013. Net income per share increased 18% to $2.47 from $2.10. Operating income, which the company defines as net income excluding after-tax realized investment gains and losses, was $522 million compared to $529 million in the third quarter of 2013. Operating income per share increased 5% to a record $2.17 from $2.06. The impact of catastrophes in the third quarter was $74 million before tax or $0.20 per share after tax in 2014 compared to $92 million before tax or $0.23 per share after tax in 2013. Net written premiums increased 5% in the third quarter of 2014 to $3.2 billion from $3.03 billion a year ago. Net income for the third quarter of 2014 reflected net realized investment gains of $110 million before tax or $0.30 per share after tax, compared to $18 million before tax or $0.04 per share after tax in the third quarter of 2013. Premiums earned were $3.12 billion compared to $3.03 billion a year ago. For the first nine months of 2014, net income was $1.5 billion or $6.28 per share, compared to $1.8 billion or $6.80 per share for the first nine months of 2013. Operating income totaled $1.3 billion or $5.35 per share in 2014, compared with $1.6 billion or $5.97 per share in 2013. The impact of catastrophes in the first nine months of 2014 was $419 million before tax or $1.11 per share after tax, compared to $347 million before tax or $0.86 per share after tax in the first nine months of 2013. Net written premiums increased 3% in the first nine months of 2014 to $9.5 billion from $9.19 billion a year ago. Net income for the first nine months of 2014 reflected net realized investment gains of $351 million before tax or $0.93 per share after tax. Net income for the first nine months of 2013 reflected net realized investment gains of $335 million before tax or $0.83 per share after tax. Book value per common share was $70.00 compared to $62.04 a year ago. Premiums earned were $9.21 billion compared to $9.03 billion a year ago. The annualized GAAP ROE was 14.4% and annualized operating ROE was 14.1%. Adjusted book value per share, which it calculates with available-for-sale fixed maturities at amortized cost, was $65.17 compared to $61.86 at 2013 year-end and $58.52 a year ago. The company provided earnings guidance for the fourth quarter of 2014. For the quarter, the company expects EPS of $2.00 - $2.10. The company raised its earnings guidance for fiscal 2014, now seeing $7.35 - $7.45 EPS from the prior guidance range of $7.10 - $7.40.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
CB:US $102.57 USD -0.72

CB Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Aflac Inc $58.51 USD 0.00
Hannover Rueck SE €80.58 EUR -0.261
Lincoln National Corp $51.69 USD -0.67
Principal Financial Group Inc $48.80 USD -0.53
Progressive Corp/The $26.69 USD -0.18
View Industry Companies
 

Industry Analysis

CB

Industry Average

Valuation CB Industry Range
Price/Earnings 12.1x
Price/Sales 1.8x
Price/Book 1.5x
Price/Cash Flow 11.5x
TEV/Sales 1.3x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact CHUBB CORP, please visit . Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.