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India

Chubb Ltd (CB.N)

CB.N on New York Stock Exchange

133.54USD
18 May 2018
Change (% chg)

$-0.91 (-0.68%)
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Latest Key Developments (Source: Significant Developments)

Chubb Shareholders Approve Annual Dividend Increase
Thursday, 17 May 2018 

May 17 (Reuters) - Chubb Ltd ::CHUBB SHAREHOLDERS APPROVE 25TH CONSECUTIVE ANNUAL DIVIDEND INCREASE; BOARD DECLARES RECORD DATE FOR FIRST DIVIDEND INSTALLMENT; ALL OTHER SHAREHOLDER PROPOSALS APPROVED.CHUBB - APPROVED 3% INCREASE IN DIVIDEND TO $2.92 PER SHARE ANNUALLY ($0.73 PER SHARE, PER QUARTER) FROM $2.84 PER SHARE.  Full Article

Chubb Board To Recommend Annual Dividend Increase At 2018 Shareholders Meeting
Thursday, 22 Feb 2018 

Feb 22 (Reuters) - Chubb Ltd ::CHUBB LIMITED BOARD WILL RECOMMEND 25TH CONSECUTIVE ANNUAL DIVIDEND INCREASE TO SHAREHOLDERS AT 2018 ANNUAL GENERAL MEETING; DECLARES QUARTERLY DIVIDEND.CHUBB SAYS PROPOSAL CALLS FOR $2.92 ANNUAL PER SHARE DIVIDEND, PAYABLE IN FOUR QUARTERLY INSTALLMENTS OF $0.73 PER SHARE.CHUBB LTD - BOARD DECLARED QUARTERLY DIVIDEND EQUAL TO $0.71 PER SHARE.  Full Article

Chubb Estimates One-Time Benefit Of Over $250 Mln From New U.S. Tax Law
Wednesday, 27 Dec 2017 

Dec 26 (Reuters) - Chubb Ltd ::CHUBB ESTIMATES ONE-TIME BENEFIT FROM NEW U.S. TAX LAW IN EXCESS OF $250 MILLION.CHUBB LTD SAYS EXPECTS TO RECORD A ONE-TIME BENEFIT FROM NEW U.S. TAX LAW IN EXCESS OF $250 MILLION IN Q4 OF 2017.  Full Article

Chubb Limited Board Authorizes $1 Bln Share Repurchase
Friday, 22 Dec 2017 

Dec 21 (Reuters) - Chubb Ltd ::CHUBB LIMITED BOARD AUTHORIZES $1 BILLION SHARE REPURCHASE PROGRAM.CHUBB LTD - COMPANY'S CURRENT SHARE REPURCHASE AUTHORIZATION EXPIRES DECEMBER 31, 2017.CHUBB LTD - AUTHORIZED UP TO $1 BILLION OF SHARE REPURCHASES THROUGH DECEMBER 31, 2018.  Full Article

Chubb Announces Preliminary Q4 Catastrophe Loss Estimates, Including California Wildfires, Of About $320 Mln Pre-Tax, Or $249 Mln After Tax
Thursday, 30 Nov 2017 

Nov 29 (Reuters) - Chubb Ltd ::CHUBB ANNOUNCES PRELIMINARY FOURTH QUARTER CATASTROPHE LOSS ESTIMATES, INCLUDING CALIFORNIA WILDFIRES, OF APPROXIMATELY $320 MILLION PRE-TAX, OR $249 MILLION AFTER TAX.CHUBB LTD - INSURED LOSSES FOR CALIFORNIA WILDFIRES ARE CURRENTLY ESTIMATED AT APPROXIMATELY $280 MILLION PRE-TAX, OR $215 MILLION AFTER TAX FOR Q4.CHUBB LTD - ‍ALL OTHER NATURAL CATASTROPHE NET INSURED LOSSES TO DATE IN Q4 ARE ESTIMATED AT APPROXIMATELY $40 MILLION PRE-TAX, OR $34 MILLION AFTER TAX​.  Full Article

Chubb Ltd ‍Entered Into Strategic Cooperation Agreement With PICC Property & Casualty Co
Monday, 27 Nov 2017 

Nov 27 (Reuters) - Chubb Ltd ::CHUBB LTD- ‍ENTERED INTO A STRATEGIC COOPERATION AGREEMENT WITH PICC PROPERTY & CASUALTY COMPANY OF CHINA​.CHUBB LTD- ‍STRATEGIC COOPERATION AGREEMENT HAS A TERM OF 10 YEARS​.  Full Article

Chubb says it creates small commercial division for SMEs in Asia Pacific
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - Chubb Ltd -:CHUBB CREATES SMALL COMMERCIAL DIVISION FOR SMES IN ASIA PACIFIC.  Full Article

Chubb, on Oct 25, Chubb Ltd, Chubb Bermuda Insurance, among others, entered into amended, restated credit agreement
Tuesday, 31 Oct 2017 

Oct 30 (Reuters) - Chubb Ltd ::Chubb ltd - ‍ on October 25, Chubb limited, Chubb Bermuda insurance, among others, entered into an amended and restated credit agreement - sec filing​.Chubb-Credit agreement is unsecured, provides for upto $1 billion availability, all of which may be used for issuance of letters of credit, revolving loans​.Chubb ltd - ‍subject to obtaining additional commitments, Chubb may increase availability under credit agreement by up to an additional $1.0 billion.Chubb ltd - ‍credit agreement amended and restated Chubb's prior $1.0 billion syndicated credit agreement, dated as of November 6, 2012​.Chubb ltd - ‍terms and conditions of credit agreement are substantially similar to provisions in prior credit agreement​.Chubb ltd - ‍credit agreement is scheduled to expire on October 25, 2022.  Full Article

Chubb reports Q3 operating loss $0.13/shr
Friday, 27 Oct 2017 

Oct 26 (Reuters) - Chubb Ltd :Chubb reports third quarter per share net loss and operating loss of $(0.15) and $(0.13), respectively, including catastrophe losses of $3.27 per share, in line with midpoint of preannounced estimates.Q3 operating loss per share $0.13.Q3 loss per share $0.15.Q3 earnings per share view $-0.24 -- Thomson Reuters I/B/E/S.Chubb Ltd qtrly ‍net premiums written $7,902 million versus $7,573 million ​.Chubb Ltd - ‍pre-tax catastrophe losses, net of reinsurance and including reinstatement premiums, were $1,893 million in quarter​.  Full Article

ITT Educational says receives letter from Chubb to post collateral of $19.8 mln
Thursday, 1 Sep 2016 

ITT Educational Services Inc : On August 26, Received Letter From Chubb, Whereby Ace American Insurance Makes Demand To Post Collateral In Amount Of $19.8 Million . Insurance Companies Named In Agreement Of Indemnity Entered Into By Co Make Demand On Co To Post Collateral Of $19.8 Million . Chubb Also Provided Notice That It Plans To Issue Notices Of Cancellation On All Of Surety Bonds, Starting With Largest First . Demand Of Collateral In Form Of An Acceptable Irrevocable Letter Of Credit . ITT Educational Services Inc Says "Currently Reviewing This Demand And Its Potential Impact On Business" . "Continuing To Evaluate All Options Available To It Related To ED Letter" . Contacted U.S. Department Of Education To Request That ED Consider Possible Alternatives To ED's Positions, Requirements . Scheduled Last Day Of Classes For Current Academic Quarter Is Sept 2, And Ed Letter Did Not Have Any Impact On Completion Of That Academic Quarter . ITT Educational Services Inc Says Next Academic Quarter For ITT Technical Institutes Was Scheduled To Begin On September 12, 2016. . However, Because Only A Small Number, If Any, Of Students Who Typically Enroll In ITT Technical Institutes Would Not Be Eligible For Title Iv Program Funds . As A Result, Co Currently Is Not Enrolling New Students At Any ITT Technical Institute For Academic Quarter That Begins On September 12.  Full Article

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Harvey Weinstein fights insurer Chubb for payment of legal defense

Film producer Harvey Weinstein is fighting back against personal indemnity insurer Chubb Ltd, saying Chubb must pay for his legal defense against 11 lawsuits that accuse him of sexually harassing or assaulting women over the past three decades, according to a court document filed on Monday.