Chubb Ltd

NYSE: CB
$245.39
+$1.86 (+0.8%)
Closing price April 18, 2024
Chubb Limited, headquartered in Zurich, Switzerland, is a global provider of insurance and reinsurance products. The company offers a wide range of services including commercial property, casualty, workers’ compensation, and risk management for businesses of all sizes. For individuals and families, especially those with high net worth, Chubb provides homeowners, automobile, valuable articles, and travel insurance, among others. Additionally, it covers agricultural insurance, including crop and livestock protection, and offers life insurance products like whole life and health protection. Chubb markets its products mainly through brokers and agents worldwide.
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The property and casualty insurers often see their shares trade lower ahead of and into major storms because the losses can run rather easily into the billions of dollars.
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