Chubb Limited
CB
Market Cap$99.62B
Close$
Earnings Call Q4 2023
January 31, 2024 - AI Summary
Chubb reported record-breaking results for the fourth quarter and full year of 2023, with exceptional operating earnings on both a per share and dollar basis.
Full-year core operating income increased by 45% to $9.3 billion, excluding a one-time tax benefit related to Bermuda's new income tax law. P&C underwriting income reached a record $5.5 billion, while investment income was up 33% to over $5.3 billion.
Premium revenue growth for the year was 13.5%, driven by strong performance across all divisions and major geographies. North America commercial P&C grew 7.5%, while international consumer P&C saw growth of 18%.
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$256.56
4.6% upside
Current Fair Value
4.6% upsideUndervalued by 4.6% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $99.62 Billion |
|---|---|
| Enterprise Value | $117.26 Billion |
| Dividend Yield | $3.4215 (1.39%) |
| Earnings per Share | $21.8 |
| Beta | 0.34 |
| Outstanding Shares | 405,985,618 |
| Avg 30 Day Volume | 1,519,328 |
Return
| Return on Equity | - |
|---|---|
| Return on Assets | - |
| Return on Invested Capital | - |
Valuation & Multiples
| P/E Ratio | 11.04 |
|---|---|
| PEG | 7.28 |
| Price to Sales | 2.01 |
| Price to Book Ratio | 1.68 |
| Enterprise Value to Revenue | 2.36 |
| Enterprise Value to EBIT | 12.19 |
| Enterprise Value to Net Income | 12 |
| Total Debt to Enterprise | 0.15 |
| Debt to Equity | 0.3 |
Revenue Sources
No data
ESG Score
No data
About Chubb Limited
31,000 employees
CEO: Evan Greenberg Chubb is the world's largest publicly traded property and casualty insurance company. With operations in 54 countries and territories, Chubb provides commercial and personal property and casualty insurance, personal accident and suppleme...