2008-06-28 01:29:23 -
www.companiesandmarkets.com adds new report - Premium Company Profile - The Chubb Corporation www.companiesandmarkets.com/Summary-Company-Profile/Premium-Comp ..
Introduction
With an asset base of $50.3 billion, The Chubb Corporation (Chubb or ´the group´) is one of the largest property and casualty insurers in the US. In 2006, Chubb was the 12th largest writer of property casualty insurance in the country. Its net written premiums amounted to $11,958 million in 2006. This profile offers a comprehensive review of the group´s
operations and performance.
Scope
Contains corporate strategy, value chain presence and SWOT Analysis
Provides detailed business description, segment analysis, 5-year financial trends, key products and key competitors
Includes information on suppliers/ partners, shareholding structure and key employees with biographies
Highlights
Chubb is a property and casualty insurer in the US. The group offers non-life insurance, commercial development activities, risk financing services and other related financial solutions. Chubb operates in the US, Canada, Europe, Australia, parts of Latin America and Asia.
Chubb´s operating profit and net profit increased strongly at a compounded annual growth rate (CAGR) of 30.6% and 27.8%, respectively, during 2004-2006. This increase in profits was driven by improved underwriting and investment income in the property and casualty insurance business.
Chubb´s consistent financial performance is also reflected in its financial ratings. Chubb was awarded A++ by AM Best, making Chubb only the third company in this league; the other two being Berkshire Hathaway and Cincinnati Financial. Chubb has an AA rating from Standard & Poor, Aa2 from Moody´s and AA from Fitch.
Reasons to Purchase
Access all the important information and analysis on the company in a single report
Understand company´s strengths, weaknesses, opportunities and threats along with business strategy and value chain
Gain access to company´s adjusted five year financial data along with key ratios and market capitalization