Chubb becomes latest car insurer to cut premiums during coronavirus pandemic [MarketWatch]
Chubb Limited (CB)
Last chubb limited earnings: 4/21 04:05 pm
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Source: MarketWatch
Chubb Ltd. became the latest insurer to offer relief to its car insurance customers on Monday as drivers are staying at home more during the coronavirus pandemic and there are fewer accidents. The company is offering a 35% premium reduction for April and May and will give out additional discounts over the subsequent months. Across the company's portfolio, the average premium cut is expected to come to $110 per vehicle. "We recognize that there has been a reduction in our clients' driving activity as a result of this pandemic," said Fran O'Brien, division president, North America Personal Risk Services. Shares were down 2.3% Monday and have fallen 23% in the year to date, while the S&P 500 has fallen 14%.
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- Chubb (NYSE:CB) had its price target raised by analysts at Citigroup Inc. from $331.00 to $335.00. They now have a "buy" rating on the stock.MarketBeat
- Chubb (NYSE:CB) had its price target raised by analysts at Deutsche Bank Aktiengesellschaft from $303.00 to $304.00. They now have a "hold" rating on the stock.MarketBeat
- Chubb Limited Board Declares Quarterly Dividend [Yahoo! Finance]Yahoo! Finance
CB
Earnings
- 10/21/25 - Beat
CB
Sec Filings
- 12/4/25 - Form 4
- 12/2/25 - Form 144
- 11/26/25 - Form 4
- CB's page on the SEC website