Comments for CB - Stockpickr! Your Source for Stock Ideas

Comments for CB

Added By	Comments	Type	Date Added
barrons3	The group is not a bad place to be," says Cliff Gallant, an analyst at Keefe, Bruyette & Woods. "You can buy good franchises at good prices." He sees most companies generating respectable, low-double-digit returns on equity this year, while producing similar increases in book value. The P&C stocks could rise 20% in the next year, based on book-value growth and higher valuations, relative to book value and earnings. Gallant favors Chubb, Ace, and Bermuda-based reinsurers Everest Re (RE) and PartnerRe (PRE).	Love	September 26, 2009
High Dividends	Quarterly dividend increased to 35 cents a share from 33 cents, a 6.1% increase.	Love	February 28, 2009
atrini	long term invest	Hate	January 06, 2009
sarah z	Next on the list is Chubb. The Warren, N.J.-based insurance company announced that it would buyback up to 20 million shares of common stock. Chubb, which is one of the largest business insurers, also said it would pay a regular quarterly dividend of 33 cents a share in January. During the third quarter, Chubb bought back 5.9 million shares of its common stock at a total cost of $284 million. There were 3.4 million shares of common stock remaining under the current buyback plan as of September 30, 2008. John Finnegan, Chubb’s chairman, president, and CEO said, “The pace of the buyback will depend on the state of the global capital markets and the potential opportunities for profitable growth in the property and casualty insurance market.” On October 23, 2008, the company reported third quarter results with net income of $264 million, or 73 cents a share, compared to $738 million, or $1.87 a share, in the same period of 2007. Chubb estimates catastrophe losses in the third quarter will be about $400 million. Most of these losses can be attributed to Hurricane Ike,which includes their share in the Texas Windstorm Insurance Association. Chubb’s counterparty credit rating was raised by Standard & Poor’s Rating Services to A+ from A to reflect “reduced notching between the operating group and the holding company.” In addition, S&P reaffirmed its AA counterparty credit and financial strength ratings on Chubb’s operating insurance companies. It’s good to see that Dreman Value Management hold CB in its portfolio. Mr. Dreman is the founder, and chairman of Dreman Value Management, and also the firm’s Chief Investment Officer. Dreman Value Management focuses on the assets of mutual funds, pension, foundation and endowment funds, as well as high net-worth individuals. The fund’s Large Cap Value Fund has returned 17% annually on average and its Small Cap Value Fund has returned 16.5% annually on average since the firm’s inception in 1991. Their top holdings are ConocoPhillips and Devon Energy. Dodge & Cox is another top notch firm that owns Chubb stock. Dodge & Cox is a $100 billion-dollar investment fund founded in San Francisco in 1930. The firm provides investment management services to individuals, retirement funds and tax exempt institutions. The firm has a long term focus and employs a rigorous price discipline. The firm’s Stock Fund has posted an annual average return of 14.47% over the past 10 years and 14.9% over the past 20 years, easily outperforming the S&P 500. Their other top stocks are Hewlett-Packard and Novartis. So we have a buyback, a dividend, an upgrade in credit ratings, and two investment firms buying stock. It might be time to take a closer look at Chubb.	Love	December 17, 2008
sarah z	From a recent Mad Money show: I do, however, like Chubb Corp (CB) and Travelers Companies (TRV). "	Love	November 07, 2008
barrons3	Property-and-casualty insurance stocks got a lift recently amid expectations of an end to the slide in commercial premiums. Yet, Allstate (ALL) and The Travelers Companies (TRV) still trade at or under book value, while two of the strongest insurers, Ace (ACE) and Chubb (CB), trade at modest premiums to book and at less than 10 times projected 2009 profits. Depressed asset managers like Franklin Resources (BEN) and AllianceBernstein (AB) trade for 10 to 15 times projected 2009 profits.	Love	November 01, 2008
barrons3	Cramer wasn’t recommending any particular stock, but he did say names like Allstate [ALL], MetLife [MET], Prudential [PRU] Chubb [CB] and The Travelers [TRV], which dealt mainly in the safer property, casualty and life insurances, stand to gain the most by any AIG fallout.	Love	September 18, 2008
barrons3	You are also seeing the Chubbs (CB) of the world, the competitors to AIG, which could be gigantic winners.	Love	September 18, 2008
barrons2	He said buy names like Chubb (CB), Travelers (TRV), Metlife (MET) and Prudential (PRU)	Love	April 24, 2008
High Dividends	14%	Love	March 17, 2008
barrons2	Chubb has one of the few valuable brand names in insurance. How cheap is Chubb? Its shares, at around 50, trade for about eight times projected 2008 profits and just 1.3 times book value. Chubb is generating a respectable 16% return on equity and has no meaningful exposure to subprime mortgages in its investment portfolio.	Love	January 26, 2008
newstockguy	good value	Love	January 21, 2008
barrons2	There were more than 50 stocks last week within the S&P 500 trading below 10 times forward earnings, including insurers Chubb (CB) andAllstate (ALL), oil refiners Tesoro (TSO) andSunoco (SUN), retailers J.C. Penney and Macy's, and many major securities firms, including Lehman Brothers (LEH) and Morgan Stanley (MS).	Love	January 19, 2008
sarah z	The Chubb Corp. last week introduced a repurchase program to buy back up to 28 million shares of the insurance provider's stock. The buyback plan covers 7.3 percent of the 383.8 million Chubb shares outstanding on Sept. 30.	Love	December 19, 2007
aroushanzamir	Value Stock	Love	November 19, 2007
MrStockQuickie	75	Love	November 18, 2007
DRMulder	S&P Favorite	Love	November 16, 2007
Jason R	During the third quarter, Chubb repurchased 10,193,239 shares of its common stock at a total cost of $519 million. As of September 30, 2007, there were 7,926,122 shares of common stock available for repurchase under the current authorization reports StreetInsider. During the first nine months, Chubb repurchased 31,919,816 shares of its common stock at a total cost of $1.7 billion.	Love	October 24, 2007
bronxborn	actually own some	Love	September 28, 2007
3spagnoli	A-	Love	August 29, 2007
John Foreman	Firm has a profitable niche in insuring prized possessions of the wealthy Debt/ Equity Ratio: 0.24	Love	June 18, 2007
Moonface	Like them	Love	May 28, 2007
Shawnman19	Long Play, good insurance company. Slow mover but good over time.	Love	March 22, 2007
John Trevor	A-2-7	Love	March 21, 2007
Steve Brown	good sector, strong financials, good track record. Low claims 2006.	Love	January 15, 2007
HUGH MCNAMARA	GROWTH	Love	December 11, 2006
Ken	Chubb Insurance. Valuation. Solid balance sheet. Improving earnings. Expect dividend increase.	Love	October 30, 2006