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Investing.com - JMP Securities has reiterated its Market Perform rating on RLI Corp. (NYSE:RLI), according to a research note released Thursday. The analysis comes as Chubb (NYSE:CB), a key player in the sector with a market capitalization of $108.7 billion and a strong "GREAT" financial health score according to InvestingPro, maintains its dominant position.
The firm’s analysis focused on mark-to-market impacts on book values across the insurance sector, accounting for movements in fixed income and equity markets during the current quarter.
JMP projects that RLI will see the most favorable mark-to-market impact in the sector, with an estimated positive adjustment of 1.9% to book value.
This projected increase for RLI slightly exceeds the 1.8% positive book value impact expected for Chubb (NYSE:CB), which JMP rates as Market Outperform with a $325 price target.
The analysis specifically excluded impacts from foreign exchange movements and earnings, focusing solely on the effects of market value changes in investment portfolios. For deeper insights into Chubb’s valuation and over 100 additional financial metrics, check out the comprehensive Pro Research Report available on InvestingPro.
In other recent news, Chubb Limited reported impressive financial results for the second quarter of 2025, with a record core operating earnings per share (EPS) of $6.14, representing a 14% increase from the previous year. The company also achieved a core operating income of $2.5 billion, marking a 13% rise. Additionally, Chubb’s Board of Directors declared a quarterly dividend of $0.97 per share, payable on October 3, 2025. In terms of analyst perspectives, Keefe, Bruyette & Woods reiterated an "Outperform" rating for Chubb, suggesting confidence in the company’s performance despite recent earnings. Conversely, Goldman Sachs adjusted its price target for Chubb to $299 from $309, citing concerns over a slowdown in North American Commercial pricing. In leadership developments, Chubb announced key promotions within its global surety business, appointing Steve Haney as President and Chief Underwriting Officer and Teresa Black as Division President of North America Surety. These changes are part of Chubb’s ongoing strategy to strengthen its executive team.
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