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Investing.com - JMP Securities has reiterated its Market Outperform rating and $325 price target on Chubb Corporation (NYSE:CB) stock. The insurance giant, currently trading at $273.05 with a market cap of $109 billion, maintains a "GREAT" financial health score according to InvestingPro analysis.
The decision comes as JMP analysts project favorable mark-to-market impacts on the insurer’s book value when accounting for movements in fixed income and equity markets quarter-to-date.
JMP estimates Chubb will see a positive impact of approximately 1.8% to its book value from these market movements, making it one of the most favorably positioned insurers in their coverage.
The analysis specifically focuses on the mark-to-market effects from fixed income and equity markets, without incorporating potential impacts from foreign exchange fluctuations or earnings.
Only RLI Corporation (NYSE:RLI) is projected to see a slightly more favorable book value impact at 1.9%, according to JMP’s market assessment.
In other recent news, Chubb Limited announced a quarterly dividend of $0.97 per share, payable on October 3, 2025, to shareholders of record as of September 12, 2025. This dividend will be distributed from the company’s legal reserves in U.S. dollars. Furthermore, Chubb has made significant leadership changes in its global surety business, promoting Steve Haney to President and Chief Underwriting Officer of Global Surety and appointing Teresa Black as Division President of North America Surety. In terms of stock ratings, Keefe, Bruyette & Woods reiterated an Outperform rating for Chubb following its second-quarter 2025 earnings report, advising investors to consider buying the stock. Conversely, Goldman Sachs lowered its price target for Chubb to $299 from $309, citing concerns over a greater-than-expected deceleration in North American Commercial pricing. Meanwhile, JMP Securities maintained its Market Perform rating on RLI Corp ., focusing on mark-to-market impacts on book values in the insurance sector. These developments highlight recent strategic and financial adjustments within the companies.
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