The Latest Breaking News from Chubb

Oil and gas facilities along the Gulf coast have long been a major market for speciality insurance carriers

It's increasingly expensive and difficult to get home insurance, as losses rise from climate-driven disasters such as wildfires and hurricanes. And the solutions aren't always politically popular.

The Nasdaq Composite declined by over 100 points on Monday. Investors, meanwhile, focused on some notable insider trades.

Aircraft leasing firm Dubai Aerospace Enterprise (DAE) has filed a London lawsuit against 11 insurers, including Lloyd's of London, AIG, Chubb and Swiss Re, two months after it wrote off almost $600 million for 19 aircraft stuck in Russia.

Chubb (NYSE:CB) has outperformed the market over the past 15 years by 2.41% on an annualized basis producing an average annual return of 8.87%. Currently, Chubb has a market capitalization of $82.77 billion.

Chubb (NYSE:CB) has outperformed the market over the past 15 years by 2.49% on an annualized basis producing an average annual return of 9.27%. Currently, Chubb has a market capitalization of $88.65 billion.

Analysts have provided the following ratings for Chubb (NYSE:CB) within the last quarter:

Carrier Global Corp (NYSE:CARR) reported a first-quarter FY22 net sales decline of 1% year-over-year to $4.65 billion, driven by the Chubb divestiture, +10% on an organic basis, beating the consensus of $4.52 billion. Sales by segments: HVAC $2.97 billion (+19.5% Y/Y), Refrigeration $976 million (-2.9% Y/Y), and Fire & Security $818 million (-37.3%…

Within the last quarter, Chubb (NYSE:CB) has observed the following analyst ratings: