Chubb Ltd
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Financials : Insurance | Large Cap Blend
Based in Switzerland
Company profile

Chubb Limited is a Switzerland-based holding company. The Company, through its subsidiaries, provides a range of insurance and reinsurance products and services to clients around the world. Its segments include North America Commercial property and casualty (P&C) Insurance, North America Personal P&C Insurance, North America Agricultural Insurance, Overseas General Insurance, Global Reinsurance and Life Insurance. It offers commercial insurance products and service offerings, such as risk management programs, loss control, and engineering and complex claims management. It provides specialized insurance products to areas, such as aviation and energy. It also offers personal lines insurance coverage, including homeowners, automobile, valuables, umbrella liability and recreational marine products. In addition, it supplies personal accident, supplemental health and life insurance to individuals in select countries.

Day's Change
0.92 (0.44%)
B/A Size
Day's High
Day's Low

Today's volume of 460,020 shares is on pace to be much lighter than CB's 10-day average volume of 1,817,250 shares.


American Airlines stock surges toward 6-week high amid a broad airline-sector rally

2:05 pm ET January 3, 2022 (MarketWatch)

Share of air carriers traded broadly higher Monday, amid growing optimism that the latest surge in COVID-19 cases to record daily levels won't lead to widespread shutdowns given the omicron variant appears less severe and as more people are vaccinated. The U.S. Global Jets ETF (JETS) rallied 2.8% in afternoon trading, to outperform the S&P 500's 0.4% gain by a wide margin. Among the more active air carriers, shares of American Airlines Group Inc. (AAL) hiked up 4.3% toward a six-week high, United Airlines Holdings Inc. (UAL) rallied 3.7%, Delta Air Lines Inc. (DAL) climbed 2.9%, Southwest Airlines Co. (LUV) rose 2.1% and JetBlue Airways Corp. (JBLU) tacked on 2.6%. Analyst Conor Cunningham at MKM Partners said he expects airlines to slow capacity to stabilize operations amid the surge in cases, but that might not be a bad thing longer term. "Slowing capacity will highlight cost headwinds but should allow for better pricing power," Cunningham wrote in a note to clients.

-Tomi Kilgore


(END) Dow Jones Newswires

January 03, 2022 14:05 ET (19:05 GMT)

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