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Chubb Ltd (NYSE:CB), a $118 billion market cap insurance giant with an "GREAT" financial health rating according to InvestingPro, recently saw its Chief Accounting Officer, George F. Ohsiek, sell a portion of his holdings in the company. According to a regulatory filing, Ohsiek sold 763 common shares on March 14, 2025, at a price of $290.41 per share. The transaction totaled $221,582. Following this sale, Ohsiek retains ownership of approximately 20,044 shares in Chubb. The stock, which currently trades near its 52-week high of $302.05 and has delivered a 17% return over the past year, appears fairly valued based on InvestingPro’s Fair Value analysis. This transaction provides insight into the trading activities of company insiders, which can be of interest to investors monitoring insider confidence and stock performance. For deeper insights into insider trading patterns and comprehensive financial analysis, check out Chubb’s detailed Pro Research Report, available exclusively on InvestingPro.
In other recent news, Chubb Limited has announced its intention to acquire Liberty Mutual’s property and casualty insurance operations in Thailand and Vietnam. These businesses produced approximately $275 million in net premiums written in 2024. The acquisition is expected to be completed by the second quarter of 2025 for Thailand and by late 2025 to early 2026 for Vietnam, pending regulatory approvals. Additionally, Chubb has completed a share capital reduction following the cancellation of 7,518,565 treasury shares repurchased in 2024, a move registered with the Commercial Register of the Canton of Zurich, Switzerland.
Analyst activity has been notable, with HSBC upgrading Chubb’s stock rating to Buy and setting a new price target of $323, citing the company’s effective management of insurance cycles and strategic growth in the reinsurance sector. Evercore ISI also maintained an Outperform rating with a $313 target, highlighting Chubb’s strong reserves and the shift in its North American Commercial mix towards short-tail lines. Keefe, Bruyette & Woods, on their part, maintained an Outperform rating with a $329 target, noting Chubb’s overstated reserves and projecting significant net reserve releases in the coming years.
These developments reflect Chubb’s ongoing strategic maneuvers in capital management, international expansion, and its positioning in the insurance market.
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