Chubb Stock Trading Near 52-Week High: What Should Investors Know?
CBChubb(CB) ZACKS·2024-09-21 01:46

Shares of Chubb Limited (CB) closed at 290.58onThursday,nearits52weekhighof290.58 on Thursday, near its 52-week high of 294.18. A compelling portfolio, strong renewal retention, positive rate increases, strategic initiatives to fuel profitability and a solid capital position are driving the price higher.Chubb is one of the world’s largest providers of property and casualty (P&C) insurance and reinsurance and the largest publicly traded P&C insurer based on a market capitalization of $117.4 billion. Earnings grew 19.4% in the last five years ...