Chubb Delivers Solid 1Q, Sounds Optimistic About the Future
Chubb delivered a solid first quarter, and management’s commentary suggests the operating environment is improving. The annualized core operating tangible ROE of 15.1% supports our narrow moat rating for the company. We will maintain our $140 fair value estimate.Chubb saw growth pick up a bit in the quarter, with net written premiums up 5% year over year, excluding currency effects. Similar to commentary we’ve heard from peers, management stated that it is seeing solid pricing increases across ...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.