Dividend

Chubb (NYSE: CB) has raised its quarterly dividend by 5.7 ...

WARREN, N.J., Feb. 24 /PRNewswire-FirstCall/ -- The Board of Directors of The Chubb Corporation (NYSE: CB) today declared a quarterly ...

WARREN, N.J., Jan. 28 /PRNewswire-FirstCall/ -- The Chubb Corporation (NYSE: CB) today reported that net income in the fourth quarter of 2009 was $695 million or $2.03 per share, compared to $407 million or $1.13 per share in the fourth quarter of 2008. Operating income, which the company defines as net income excluding after-tax realized investment gains and losses, was $569 million, the same as in the fourth quarter of 2008.  Operating income per share increased 5% to $1.66 from $1.58. Net written premiums for the fourth quarter were $2.8 billion, a decline of 4%; excluding the effect of currency fluctuation, premiums were down 5%.  Premiums were down 8% in the U.S. and up 9% outside the U.S. (up 4% in local currencies).     The fourth quarter combined loss and expense ratio was 84.7% in 2009 and 84.3% in 2008.  The impact of fourth quarter catastrophe losses on the combined ratio ...

Chubb (NYSE: CB), the venerable insurer to the wealthy in the U.S., shares get no respect on Wall Street even though the company has conservative underwriting and investment strategy, a Barron's article reports.

Shares of CB are trading around $50 recently, about 1.1x their book value of $46.50, relatively cheap compared to the 1.5x they were trading at just a few years ago. CB also trades for about 8x FY09 EPS and 9x FY10 estimated EPS. Chubb also has paid out a dividend annually for 27 years. The most recent dividend yielded 2.8 ...

The Board of Directors of The Chubb Corporation (NYSE: CB) today declared a regular quarterly dividend in ...