The Company in a Nutshell
| Date Reviewed | 02/04/2026 |
| Company Name | Chubb Limited |
| Symbol | CB |
| Sector | Financials |
| Industry | Insurance - Property & Casualty |
| Beta | 0.48 |
| PRO Rating | 4 |
| Dividend Safety | 4 |
Business Model
Chubb Limited is a Switzerland-based holding company. The Company, through its subsidiaries, provides a range of insurance and reinsurance products and services to clients around the world. Its segments include North America Commercial property and casualty (P&C) Insurance, North America Personal P&C Insurance, North America Agricultural Insurance, Overseas General Insurance, Global Reinsurance and Life Insurance. It offers commercial insurance products and service offerings, such as risk management programs, loss control, and engineering and complex claims management. It provides specialized insurance products to areas, such as aviation and energy. It also offers personal lines insurance coverage, including homeowners, automobile, valuables, umbrella liability and recreational marine products. In addition, it supplies personal accident, supplemental health and life insurance to individuals in select countries.
| Current price | 328.39 |
| ROE | 14.95 % |
| ROIC | 0.00 % |
| Shareholder Yield | 0.10 % |
| 5-Yr Total Return | 122.00 % |
| 1-Yr Total Return | 9.90 % |
| Next Earnings Date | 04-21-26 |
Latest Quarter Information
What the CEO said:
We had a great quarter and a great year, with very strong contributions from all areas of the company. Our consistent and enduring performance speaks to the broadly diversified global nature of our company. For the quarter, double-digit growth in underwriting and life income, together with record investment income, led to operating income increasing 21.7% and on a per share basis up almost 25%. Total company net premiums grew nearly 9%, with P&C up 7.7% and Life up about 17%. This was, in fact, a faster growth rate than our full-year average of 6.6%. P&C underwriting income was up 40% to $2.2 billion with a record combined ratio of 81.2%.
What we say:
2026-02-04, CB gave good results for 4Q'25. P&C net premiums written were $11.31B, up 7.7%. North America was up 6.6%, including growth of 6.7% in commercial insurance and 6.1% in personal insurance, and Overseas General was up 10.8%. Chubb posted an exceptionally strong P&C combined ratio of 81.2% in Q4 and underwriting income of $2.2B (+40% YoY). Total pre-tax catastrophe losses were $365M compared with $607M last year. The company returned $4.91B to shareholders during 2025 through dividends and share repurchases. Its BV per share was up 18%, tangible BV grew 25.7% for the year favorably impacted by net realized and unrealized gains of $3.54B, and annualized ROE was 17.6%.
Investment Thesis
Dividend Triangle
| 5-Yr Rev. Growth | 9.20 % |
| 5-Yr EPS Growth | 15.85 % |
| 5-Yr Div Growth | 4.15 % |
Potential Risks
| Debt/Equity | 0.25 |
| Financial Debt to EBITDA (TTM) | 1.35 |
| Current Ratio (Quarterly) | 0.00 |
| Credit Score | 89 |
Dividend Growth Perspective
| Dividend ($) | 3.88 |
| Dividend Yield Fwd | 1.20 % |
| Dividend Frequency | Quarterly |
| Average 5-Yr Yield | 1.40 % |
| Payout Ratio (%) | 14.75 |
| Cash Payout Ratio (%) | 10.35 |
| DGR 1-Yr (TTM) | 4.95 |
| DGR 3-Yr (TTM) | 4.80 |
| DGR 5-Yr (TTM) | 4.15 |
| DGR Streak | 30 |
| Chowder Score | 5.30 |
| Next DVD PMT | 04-06-26 |
Valuation
| Recent Annual Dividend Payment | $ 3.88 |
| Expected Dividend Growth Rate Years 1-10 | 7.00% |
| Expected Terminal Dividend Growth Rate | 7.00% |
| Discount Rate | 9.00% |
| Discount Rate (Horizontal) | |||
| Margin of Safety | 8.00% | 9.00% | 10.00% |
| 20% Premium | $ 498.19 | $ 249.10 | $ 166.06 |
| 10% Premium | $ 456.68 | $ 228.34 | $ 152.23 |
| Intrinsic Value | $ 415.16 | $ 207.58 | $ 138.39 |
| 10% Discount | $ 373.64 | $ 186.82 | $ 124.55 |
| 20% Discount | $ 332.13 | $ 166.06 | $ 110.71 |
Video Tutorial: How to Read the Stock Cards DDM Valuation
| Market Cap | 128 B |
| PE Ratio | 12.70 |
| Fwd PE | 11.95 |
| Price to Book Ratio | 1.75 |
| DDM Valuation | 207.58 |
| Average 5-Yr PE | 12.75 |
| Value Score | 61 |
- All financial metrics are updated weekly.
- The DSR PRO rating and Dividend Safety Score are updated quarterly.
- The analysis (investment thesis, risk potential, dividend growth perspective and DDM calculation) is reviewed every 6 months.
- The PDF format includes only comments (no metrics) and is reviewed every 6 months.