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Chubb Ltd (CB.N)

CB.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

NY DFS Fines Chubb Unit For Underwriting NRA-Branded “Carry Guard” Insurance Program
Monday, 7 May 2018 12:33pm EDT 

May 7 (Reuters) - New York Department Of Financial Services::DFS FINES CHUBB SUBSIDIARY ILLINOIS UNION INSURANCE COMPANY $1.3 MILLION FOR UNDERWRITING NRA-BRANDED “CARRY GUARD” INSURANCE PROGRAM IN VIOLATION OF NEW YORK INSURANCE LAW.INVESTIGATION FOUND NRA CARRY GUARD INSURANCE PROGRAM UNLAWFULLY PROVIDED LIABILITY INSURANCE TO GUN OWNERS WHO MAY BE CHARGED WITH CRIME INVOLVING LEGALLY-POSSESSED FIREARMS.CHUBB UNIT WILL NO LONGER PARTICIPATE IN “CARRY GUARD” OR ANY SIMILAR PROGRAM IN NEW YORK.  Full Article

Chubb Ltd Reports Q1 Earnings Per Share $2.30
Tuesday, 24 Apr 2018 04:05pm EDT 

April 24 (Reuters) - Chubb Ltd ::CHUBB REPORTS FIRST QUARTER PER SHARE NET INCOME AND CORE OPERATING INCOME OF $2.30 AND $2.34, RESPECTIVELY, INCLUDING CATASTROPHE LOSSES OF $0.64 PER SHARE VERSUS $0.35 PRIOR YEAR; NET PREMIUMS WRITTEN UP 5.9%.Q1 CORE OPERATING EARNINGS PER SHARE $2.34.Q1 EARNINGS PER SHARE $2.30.Q1 EARNINGS PER SHARE VIEW $2.26 -- THOMSON REUTERS I/B/E/S.QTRLY P&C NET PREMIUMS WRITTEN WERE $6.5 BILLION, UP 5.8%.QTRLY P&C COMBINED RATIO WAS 90.1% COMPARED WITH 87.5% PRIOR YEAR.AT MARCH 31 2018, BOOK VALUE/SHARE, TANGIBLE BOOK VALUE/SHARE DECREASED 0.2% AND 0.3%, RESPECTIVELY, FROM DECEMBER 31, 2017.AT QUARTER-END FOREIGN CURRENCY MOVEMENT FAVORABLY IMPACTED BOOK VALUE BY $310 MILLION AFTER-TAX AND TANGIBLE BOOK VALUE BY $136 MILLION AFTER-TAX.  Full Article

Chubb Ltd Says CEO Evan Greenberg's FY 2017 Total Compensation Was $19.1 Mln VS $24.4 Mln In FY 2016
Tuesday, 3 Apr 2018 05:24pm EDT 

April 4 (Reuters) - Chubb Ltd ::CHUBB LTD SAYS CEO EVAN GREENBERG'S FY 2017 TOTAL COMPENSATION WAS $19.1 MLN VS $24.4 MLN IN FY 2016 - SEC FILING.  Full Article

Chubb Announces Pricing Of €1.8 Billion Senior Notes Offering By Subsidiary
Thursday, 1 Mar 2018 05:12pm EST 

March 1 (Reuters) - Chubb Ltd ::CHUBB LIMITED ANNOUNCES PRICING OF €1.8 BILLION SENIOR NOTES OFFERING BY SUBSIDIARY.CHUBB LTD - ‍UNIT AGREED TO SELL EUR 900 MILLION OF 1.55% SENIOR NOTES DUE 2028 & EUR 900 MILLION OF 2.50% SENIOR NOTES DUE 2038​.  Full Article

Chubb Board To Recommend Annual Dividend Increase At 2018 Shareholders Meeting
Thursday, 22 Feb 2018 11:17am EST 

Feb 22 (Reuters) - Chubb Ltd ::CHUBB LIMITED BOARD WILL RECOMMEND 25TH CONSECUTIVE ANNUAL DIVIDEND INCREASE TO SHAREHOLDERS AT 2018 ANNUAL GENERAL MEETING; DECLARES QUARTERLY DIVIDEND.CHUBB SAYS PROPOSAL CALLS FOR $2.92 ANNUAL PER SHARE DIVIDEND, PAYABLE IN FOUR QUARTERLY INSTALLMENTS OF $0.73 PER SHARE.CHUBB LTD - BOARD DECLARED QUARTERLY DIVIDEND EQUAL TO $0.71 PER SHARE.  Full Article

Chubb Reports Q4 EPS $3.27
Tuesday, 30 Jan 2018 04:05pm EST 

Jan 30 (Reuters) - Chubb Ltd ::CHUBB REPORTS FOURTH QUARTER NET INCOME PER SHARE OF $3.27; CORE OPERATING INCOME PER SHARE WAS $3.17, UP 16.5 PCT; FULL-YEAR P&C NET PREMIUMS WRITTEN OF $27.1 BILLION, UP 4.2 PCT; BOOK VALUE AND TANGIBLE BOOK VALUE PER SHARE UP 6.5 PCT AND 8.6 PCT.Q4 CORE OPERATING EARNINGS PER SHARE $3.17.Q4 EARNINGS PER SHARE $3.27.Q4 EARNINGS PER SHARE VIEW $2.40 -- THOMSON REUTERS I/B/E/S.CONSOLIDATED AND P&C NET PREMIUMS WRITTEN WERE $7.1 BILLION AND $6.5 BILLION, RESPECTIVELY FOR THE QUARTER.FOURTH QUARTER P&C COMBINED RATIO WAS 90.7 PCT COMPARED WITH 87.8 PCT PRIOR YEAR‍​.Q4 NET INCOME OF $1,533 MILLION INCLUDED PROVISIONAL TAX BENEFIT OF $450 MILLION OR $0.96PER SHARE, RELATED TO 2017 U.S. TAX CUTS AND JOBS ACT.QTRLY BOOK VALUE PER SHARE IS UP 1.5 PCT FROM THE PRIOR QUARTER AND 6.5PCT FOR THE YEAR.FOREIGN CURRENCY MOVEMENT FAVORABLY IMPACTED PREMIUM GROWTH IN THE QUARTER BY 1.2 PCT.FOREIGN CURRENCY MOVEMENT IN QUARTER UNFAVORABLY IMPACTED BOOK VALUE BY $390 MILLION & TANGIBLE BOOK VALUE BY $190 MILLION.  Full Article

Chubb Estimates One-Time Benefit Of Over $250 Mln From New U.S. Tax Law
Tuesday, 26 Dec 2017 04:28pm EST 

Dec 26 (Reuters) - Chubb Ltd ::CHUBB ESTIMATES ONE-TIME BENEFIT FROM NEW U.S. TAX LAW IN EXCESS OF $250 MILLION.CHUBB LTD SAYS EXPECTS TO RECORD A ONE-TIME BENEFIT FROM NEW U.S. TAX LAW IN EXCESS OF $250 MILLION IN Q4 OF 2017.  Full Article

Chubb Limited Board Authorizes $1 Bln Share Repurchase
Thursday, 21 Dec 2017 04:05pm EST 

Dec 21 (Reuters) - Chubb Ltd ::CHUBB LIMITED BOARD AUTHORIZES $1 BILLION SHARE REPURCHASE PROGRAM.CHUBB LTD - COMPANY'S CURRENT SHARE REPURCHASE AUTHORIZATION EXPIRES DECEMBER 31, 2017.CHUBB LTD - AUTHORIZED UP TO $1 BILLION OF SHARE REPURCHASES THROUGH DECEMBER 31, 2018.  Full Article

Chubb Announces Preliminary Q4 Catastrophe Loss Estimates, Including California Wildfires, Of About $320 Mln Pre-Tax, Or $249 Mln After Tax
Wednesday, 29 Nov 2017 04:44pm EST 

Nov 29 (Reuters) - Chubb Ltd ::CHUBB ANNOUNCES PRELIMINARY FOURTH QUARTER CATASTROPHE LOSS ESTIMATES, INCLUDING CALIFORNIA WILDFIRES, OF APPROXIMATELY $320 MILLION PRE-TAX, OR $249 MILLION AFTER TAX.CHUBB LTD - INSURED LOSSES FOR CALIFORNIA WILDFIRES ARE CURRENTLY ESTIMATED AT APPROXIMATELY $280 MILLION PRE-TAX, OR $215 MILLION AFTER TAX FOR Q4.CHUBB LTD - ‍ALL OTHER NATURAL CATASTROPHE NET INSURED LOSSES TO DATE IN Q4 ARE ESTIMATED AT APPROXIMATELY $40 MILLION PRE-TAX, OR $34 MILLION AFTER TAX​.  Full Article

Chubb Ltd ‍Entered Into Strategic Cooperation Agreement With PICC Property & Casualty Co
Monday, 27 Nov 2017 09:00am EST 

Nov 27 (Reuters) - Chubb Ltd ::CHUBB LTD- ‍ENTERED INTO A STRATEGIC COOPERATION AGREEMENT WITH PICC PROPERTY & CASUALTY COMPANY OF CHINA​.CHUBB LTD- ‍STRATEGIC COOPERATION AGREEMENT HAS A TERM OF 10 YEARS​.  Full Article

BRIEF-Chubb Shareholders Approve Annual Dividend Increase

* CHUBB SHAREHOLDERS APPROVE 25TH CONSECUTIVE ANNUAL DIVIDEND INCREASE; BOARD DECLARES RECORD DATE FOR FIRST DIVIDEND INSTALLMENT; ALL OTHER SHAREHOLDER PROPOSALS APPROVED