In January 2016, ACE acquired Chubb in a deal valued at about $28 billion and assumed its name. From a long-term perspective, we were most enthusiastic about the fact that the combination created a moaty international insurer with exposure across most insurance lines for the first time, marking Chubb as potentially the most attractive long-term core holding in the space from a fundamental point of view.
Chubb is one of the few companies with global footprint large enough to service multinational corporations. Its network has created a barrier to entry for potential competitors.
Large corporations often have substantial bargaining power, which may hurt Chubb when negotiating on premium pricing.
|
Metric
|
CB
|
BRK.B
|
AIG
|
|---|---|---|---|
Price/Earnings (Normalized) | 10.78 | 21.73 | 10.86 |
Price/Book Value | 1.70 | 1.53 | 1.16 |
Price/Sales | 2.02 | 2.15 | 1.10 |
Price/Cash Flow | 10.00 | 23.72 | 5.07 |
|
Metric
|
CB
|
BRK.B
|
AIG
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | 15.33 | 18.86 | 6.64 |
|
Metric
|
CB
|
BRK.B
|
AIG
|
|---|---|---|---|
Return on Assets (Normalized) | 4.32% | 3.90% | 1.60% |
Return on Equity (Normalized) | 17.01% | 7.49% | 20.12% |
Return on Invested Capital (Normalized) | 13.19% | 6.61% | 4.07% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| Progressive Corp
PGR
| Vwvdmgnjy | Qnxvhd | $123.1 Bil | |||
| Tokio Marine Holdings Inc ADR
TKOMY
| Cfgvxkpg | Vmql | $76.1 Bil | |||
| Tokio Marine Holdings Inc
TKOMF
| — | Sjn | $76.1 Bil | |||
| The Travelers Companies Inc
TRV
| Txllqrzs | Vvmdqx | $46.6 Bil | |||
| Allstate Corp
ALL
| Knthdxb | Cdd | $42.1 Bil | |||
| MS&AD Insurance Group Holdings Inc
MSADF
| — | Fvtp | $37.6 Bil | |||
| MS&AD Insurance Group Holdings Inc ADR
MSADY
| — | Kwcqw | $37.6 Bil | |||
| WR Berkley Corp
WRB
| Cdzpkvgtf | Kvwrhy | $20.2 Bil | |||
| Markel Group Inc
MKL
| Hvspknqhw | Mdv | $20.1 Bil |
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