CB 📈 Chubb - Overview

Chubb Limited operates as a global insurance and reinsurance provider, offering a diverse range of products to individuals, businesses, and institutions worldwide. The company's North America Commercial P&C Insurance segment is a significant contributor to its revenue, providing a broad spectrum of insurance solutions to commercial businesses of all sizes, including large corporations, middle market companies, and small enterprises. These solutions encompass commercial property, casualty, workers' compensation, package policies, risk management, financial lines, marine, construction, environmental, medical risk, cyber risk, surety, and casualty insurance, as well as group accident and health insurance. This comprehensive suite of products is designed to address the complex and varied risk management needs of businesses in different sectors and industries.

The company's North America Personal P&C Insurance segment caters to the insurance needs of affluent and high net worth individuals and families, providing them with a range of personalized insurance products and services. These include homeowners, automobile and collector cars, valuable articles, personal and excess liability, travel insurance, and recreational marine insurance, all of which are tailored to meet the unique requirements of this demographic. By offering these specialized insurance solutions, Chubb Limited is able to provide its high net worth clients with the protection and peace of mind they need to manage their personal and financial risks effectively.

In addition to its commercial and personal insurance segments, Chubb Limited also operates a North America Agricultural Insurance segment, which provides specialized insurance products to the agricultural sector. This includes multiple peril crop and crop-hail insurance, as well as coverage for farm, ranch, and specialty property and casualty, and commercial agriculture products. By offering these tailored insurance solutions, the company is able to help farmers, ranchers, and other agricultural businesses manage their unique risks and protect their operations from unforeseen events and losses.

Chubb Limited's Overseas General Insurance segment is another key component of its global operations, providing a wide range of insurance products and services to corporations, middle markets, and small customers in various regions around the world. This segment offers traditional commercial property and casualty insurance, as well as specialty categories such as financial lines, marine, energy, aviation, political risk, and construction insurance. It also provides group accident and health, and traditional and specialty personal lines insurance products to individuals and families. By leveraging its global network of retail brokers, agents, and other channels, Chubb Limited is able to deliver its insurance products and services to customers in multiple countries and jurisdictions.

The company's Global Reinsurance segment operates under the Chubb Tempest Re brand, offering traditional and specialty reinsurance products to property and casualty companies worldwide. This segment plays a critical role in helping these companies manage their risk exposures and protect their balance sheets from significant losses. By providing reinsurance coverage, Chubb Limited is able to help its clients mitigate their risks and improve their overall financial stability and resilience. The company's Life Insurance segment is another important part of its operations, providing protection and savings products to individuals and families in various markets around the world. These products include whole life, endowment plans, individual and group term life, health protection, personal accident, credit life, universal life, group employee benefits, and unit linked contracts, all of which are designed to help people manage their long-term financial risks and achieve their financial goals.

Chubb Limited markets its insurance products primarily through insurance and reinsurance brokers, who play a vital role in helping the company reach its target customers and deliver its products and services to them. The company has a long history, dating back to 1985, when it was first incorporated. It was formerly known as ACE Limited and changed its name to Chubb Limited in January 2016, following its acquisition of Chubb Corporation. Today, Chubb Limited is headquartered in Zurich, Switzerland, and is listed on the New York Stock Exchange (NYSE) under the ticker symbol CB. Its common stock is traded on the NYSE, and the company is classified under the GICS Sub Industry category of Property & Casualty Insurance. For more information about Chubb Limited, investors and customers can visit the company's website at https://www.chubb.com/us-en, or look up its ISIN code, which is CH0044328745.