Insurer Chubb is in the catbird seat - Joseph Lazzaro

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Insurer Chubb is in the catbird seat
Dec 03, 2009 07:00 PM UTC

Joseph Lazzaro

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Symbol	Sentiment	Start	Return	Closed
CB		12/03/09	+4.54%	05/18/10

Via BloggingStocks:

Filed under: Chubb Corp (CB), Stocks to Buy

Insurer Chubb Corp. (CB) is gaining amid a thinning insurance sector, which is a major reason I'm reiterating my buy rating for the company's shares, first recommended on May 29, 2009 at a price of $39.65. If you bought Chubb in May, you're up about 20%.

The strength of Chubb's operation, in a nutshell: a strong personal insurance brand, a diversified business (personal lines, commercial insurance, specialty insurance), and a stronger balance sheet than many competitors. Hence, look for continued market share gains for CB in 2010. Further, pricing is showing signs of bottoming/firming as of Q3 2009.

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Insurer Chubb is in the catbird seat originally appeared on BloggingStocks on Thu, 03 Dec 2009 14:00:00 EST. Please see our terms for use of feeds.

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