Chubb Limited’s (CB) New Business Grew by 17% Despite a Soft Industry Landscape

1 hour ago 2

Soumya Eswaran

Wed, April 29, 2026 astatine 6:32 AM CDT 3 min read

Wedgewood Partners, an concern absorption company, released its first-quarter 2026 capitalist letter. A transcript of the missive tin beryllium downloaded here. The Wedgewood Composite returned -6.3% (net) successful the archetypal 4th compared to the S&P 500’s -4.3%, the Russell 1000 Growth Index’s -9.8%, and the Russell 1000 Value Index’s 2.1% returns. The missive mentioned the ongoing war, highlighting the swift effect of fiscal and commodities markets to subject strikes and geopolitical commentary. Historically, lipid shocks person consistently displayed a important power connected planetary fiscal markets. In addition, delight cheque the Fund’s apical 5 holdings to cognize its champion picks successful 2026.

In its first-quarter 2026 capitalist letter, Wedgewood Partners identified Chubb Limited (NYSE:CB) arsenic a contributor to the portfolio's performance. Chubb Limited (NYSE:CB) is simply a starring planetary insurer and reinsurer that operates done 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 segments. On April 28, 2026, Chubb Limited (NYSE:CB) closed astatine $330.34 per share. One-month instrumentality of Chubb Limited (NYSE:CB) was 0.97%, and its shares gained 15.47% implicit the past 52 weeks. Chubb Limited (NYSE:CB) has a marketplace capitalization of $128.34 billion.

Wedgewood Partners stated the pursuing regarding Chubb Limited (NYSE:CB) successful its Q1 2026 capitalist letter:

"Chubb Limited (NYSE:CB) contributed to show during the quarter, increasing halfway operating income by +25% connected +8% maturation successful nett premiums (FX-neutral) and achieving a record-low combined ratio. Despite a brushed manufacture backdrop, peculiarly successful property, Chubb grew caller concern by +17% successful its halfway tiny and middle-market segment, and planetary planetary retail premiums were up by +13%, driven by organisation done ample section fiscal intermediaries and a direct-to-consumer integer buildout. Underwriting has beneited from a quiescent twelvemonth connected the "mega-cat" front, but the Company has besides performed good during erstwhile periods of higher mega-cat enactment and is focused connected driving margins by controlling overhead done respective productivity initiatives. We expect Chubb to turn net per stock and tangible publication worth per stock astatine double-digit rates this year."

An Oversold Insurance Giant with a Growing Dividend

Chubb Limited (NYSE:CB) is not connected our database of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 56 hedge money portfolios held Chubb Limited (NYSE:CB) astatine the extremity of the 4th quarter, compared to 64 successful the erstwhile quarter. While we admit the imaginable of Chubb Limited (NYSE:CB) arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

Read Entire Article