Chubb executive vice president sells $2.87 million in shares

In a recent transaction, Wayland Joseph F, the Executive Vice President of Chubb Ltd (NYSE:CB), sold 10,000 common shares of the company. The shares were sold on March 4, 2025, at an average price of approximately $286.96 per share, amounting to a total sale of $2,869,600. The transaction occurred as Chubb, a $114.8 billion market cap insurer, maintains a strong financial health score of "GREAT" according to InvestingPro metrics.

Prior to this sale, Mr. Wayland acquired 4,072 common shares on March 3, 2025, as part of restricted stock awards under Chubb’s Long-Term Incentive Plan. These shares were acquired at no cost, as they are subject to certain service and performance-based criteria for vesting over a three-year period.

Additionally, Mr. Wayland received performance stock units (PSUs) on the same day, totaling 16,296 units. These PSUs also vest over three years, contingent upon meeting specific performance criteria.

Following these transactions, Mr. Wayland holds 77,703.354 common shares directly. The movements in Mr. Wayland’s holdings reflect a strategic adjustment of his investment in Chubb Ltd, aligning with the company’s long-term incentive plans and performance targets.

In other recent news, Chubb Limited reported strong financial results for the fourth quarter of 2024, with core operating income reaching $2.5 billion, reflecting a 10.5% increase per share. The company saw growth in its property and casualty underwriting, investment income, and life insurance sectors. HSBC analyst Vikram Gandhi upgraded Chubb’s stock rating from Hold to Buy, setting a new price target of $323, citing the company’s strategic growth and resilient loss ratio. Meanwhile, Keefe, Bruyette & Woods analyst Meyer Shields adjusted Chubb’s price target to $329, maintaining an Outperform rating despite revising the 2025 earnings per share estimate downwards due to expected catastrophe losses.

Chubb also announced its intention to acquire Liberty Mutual’s property and casualty insurance operations in Thailand and Vietnam, which have generated approximately $275 million in net premiums written in 2024. This acquisition is expected to complete by 2025, pending regulatory approvals. Additionally, Chubb revealed a leadership shuffle in its European and North American divisions, with Ana Robic appointed as the new Regional President for Europe, Middle East, and Africa. The company emphasized its commitment to talent mobility and leadership development within its organization. These developments highlight Chubb’s ongoing strategic initiatives and market positioning in the global insurance landscape.

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