Chubb Corp (CB)
20 Dec 2013
|Market Cap (Mil.):||$23,779.99|
|Shares Outstanding (Mil.):||251.80|
- Property and casualty insurer Chubb Corp reported a modest rise in quarterly profit, underpinned by higher rates across all of its businesses.
Oct 24 - Property and casualty insurer Chubb Corp reported a modest rise in quarterly profit, underpinned by higher rates across all of its businesses.
(The following statement was released by the rating agency) CHICAGO, August 19 (Fitch) Fitch Ratings affirms all ratings for The Chubb Corporation (NYSE: CB; Chubb), including the 'AA-' Issuer Default Rating (IDR) and 'A+' senior debt rating. Fitch has also affirmed the 'AA' Insurer Financial Strength ratings (IFS) of Chubb's property/casualty insurance subsidiaries, which are led by Federal Insurance Company (Federal). The Rating Outlook is Stable. A complete list of ratings is provided at
* Expects full-year operating profit of $7.30-7.50/share vs est $6.80
- Property and casualty insurer Chubb Corp reported a 43 percent rise in quarterly profit as it benefited from rising insurance rates, sending its shares up about 2 percent after the bell.
(Corrects headline and first paragraph to remove incorrect reference to fall in disaster losses)
- Property and casualty insurer Chubb Corp reported a 43 percent rise in quarterly profit as it benefited from lower disaster losses and rising insurance rates, sending its shares up about 2 percent after the bell.
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Earnings vs. Estimates
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Validea Guru Analysis Report for CB. Analysis using Validea's interpretation of the published quantitative strategies of well-known Wall Street experts including Peter Lynch, Warren Buffett, Ben Graham and Ken Fisher, among others.
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