Boring Stocks: Chubb Edition

One of my themes with this blog is that boring stocks often make for great investments. I think many investors refuse to believe this can be true. It’s amazing how many dull stocks, ones that are rarely discussed on financial TV, do very well in the market.

This time, I’m going to highlight Chubb (CB), the insurance company. My apologies to people who find insurance incredibly exciting. Here’s how Chubb describes itself.

Since 1882, members of the Chubb Group of Insurance Companies have provided property and casualty insurance products to customers around the globe. These products are offered through a worldwide network of independent agents and brokers. The Chubb Group of Insurance Companies is known for financial strength, underwriting and loss-control expertise, tailoring products for the needs of high-net-worth individuals and commercial customers in niche markets and select industry segments, and outstanding claim service.

Sexy, huh?

The stock us up more than 30% YTD. It’s at another 52-week high today. Since 1978, shares of CB are up 72-fold compared with 21-fold for the S&P 500. That doesn’t include dividends. Chubb has increased its dividend every year since 1966.

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Update: I neglected to mention that Chubb is merging with ACE Limited. The deal should close in Q1 2016.

Posted by on December 23rd, 2015 at 1:03 pm


The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.