What smart money is saying about Chubb Limited
4 funds in our archive have pitched Chubb Limited, most recently Davis Financial Fund in December 2025.
Chubb Limited provides insurance and reinsurance products worldwide. The company's North America Commercial P&C Insurance segment offers commercial property, casualty, workers' compensation, package policies, risk management, financial lines, marine, construction, environmental, medical, cyber risk, surety, and excess casualty; and group accident and health insurance to large, middle market, and small commercial businesses. Its North America Personal P&C Insurance segment provides affluent and high net worth individuals and families with homeowners, automobile and collector cars, valuable articles, personal and excess liability, travel insurance, and recreational marine insurance and services. The company's North America Agricultural Insurance segment offers multiple peril crop and crop-hail insurance; and coverage for farm and ranch property, and commercial agriculture products. Its Overseas General Insurance segment provides coverage for traditional commercial property and casualty; specialty categories, such as financial lines, marine, energy, aviation, political risk, and construction risk; and group accident and health, and traditional and specialty personal lines for corporations, middle markets, and small customers through retail brokers, agents, and other channels. The company's Global Reinsurance segment offers traditional and specialty reinsurance under the Chubb Tempest Re brand to property and casualty companies. Its Life Insurance segment provides protection and savings products comprising whole life, endowment plans, individual term life, group term life, medical and health, personal accident, credit life, universal life, and unit linked contracts. The company markets its products primarily through insurance and reinsurance brokers. The company was formerly known as ACE Limited and changed its name to Chubb Limited in January 2016. Chubb Limited was incorporated in 1985 and is headquartered in Zurich, Switzerland.
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Fund signal · last 12 months
8 lettersToo few moves on Chubb Limited yet for a clear signal
Moves described in fund letters in our archive. A sentence published word for word by several funds of one house in the same quarter counts once.
Position history
Between Q2 2025 and Q3 2026, 11 fund letters reported a position in Chubb Limited, with 4 buys (opened or added) and 2 sells (trimmed or exited).
| Quarter | Letters | Bought | Sold | Theses |
|---|---|---|---|---|
| Q3 2026 | 1 | 0 | 0 | 0 |
| Q2 2026 | 2 | 1 | 1 | 0 |
| Q1 2026 | 1 | 0 | 1 | 0 |
| Q4 2025 | 4 | 1 | 0 | 3 |
| Q3 2025 | 1 | 1 | 0 | 0 |
| Q2 2025 | 2 | 1 | 0 | 1 |
Bought and Sold count moves: the same sentence published by several funds of one house in a quarter counts once.
Fund activity · 11 positions · 6 moves
- September 2026
Listed in Royal London AM Global Equity Select Fund’s reported holdings.
Chubb Limited - June 2026
“During the quarter, we were unusually busy. We bought Hermès and sold Tractor Supply Company, Zoetis, and CDW. We increased positions in Chubb, Progressive, Meta, Amazon, Microsoft, and Visa. We trimmed United Rentals, Alphabet, and Taiwan Semiconductor Manufacturing.”
Chubb Limited - June 2026
“Eliminations Chubb (CB) was eliminated to make room for higher conviction opportunities.”
Chubb Limited - March 2026
“We also trimmed our positions in Kimberly-Clark, Applied Materials, Omnicom, Merck, Ameriprise Financial, Gen Digital, American Express, Carlyle Group, Chubb.”
Chubb Limited - December 2025
Listed in Schafer Cullen High Dividend Value’s reported holdings.
Chubb Limited - AddedThe GoodHaven FundDecember 2025
“Our biggest purchase by far in the period was to increase our holdings in Chubb. To recap our history with Chubb: our initial purchases were in October of 2020 at about $128/share. This was a few years before Berkshire Hathaway appeared as a material Chubb shareholder. Our thesis at the time for Chubb was centered on continued strong underwriting results, top line growth, higher interest income and an ability to manage the then unknown COVID-era claims uncertainty, and of course what we believed was an undervalued stock price. In subsequent periods, responding to cash needs in our portfolio, we chose to sell our Chubb. It didn’t take us long to regret that and we then reversed course and repurchased our Chubb position. In our view results at Chubb have gone to plan, actually better than plan, and we have continued to opportunistically over time increase our holdings, as we did in the period.”
Chubb Limited - HoldsDavis Financial FundDecember 2025
“Chubb is one of our core property & casualty insurance holdings.”
Chubb Limited - December 2025
Listed in Schafer Cullen Value Equity’s reported holdings.
Chubb Limited - September 2025
“Transactions We initiated a new position in Applied Materials Inc. during the quarter. The company is a major supplier of semiconductor capital equipment and has market-leading and well-entrenched positions across several segments. The semiconductor capital (semi-cap) equipment sector represents a collection of oligopoly-type sub-markets that have high barriers to entry. There is secular demand growth for semiconductor content across applications, coupled with dramatically increasing chip complexity. We believe that the company’s Service & Parts business (~one-quarter of total revenues currently) is likely to expand, which could dampen the effects of industry cyclicality over the long term. Sales into Chinese semiconductor fabrication plants (fabs) and balancing AI demand with weakness in other areas are near-term headwinds for the company, but we do not believe this will materially impact its long-term fundamentals. We added to the portfolio’s existing positions in Chubb Ltd, PPG Industries Inc. and Amgen Inc.”
Chubb Limited - June 2025
“Chubb Chubb detracted from performance in the second quarter, primarily due to a market rotation out of defensive names amid a broader market rally led by technology and other cyclical sectors.”
Chubb Limited - AddedBA Beutel Goodman US Value FundJune 2025
“we also added to existing positions in Ameriprise Financial Inc., Westinghouse Air Brake Technologies Corp., Amgen Inc., Merck & Co Inc., Medtronic plc, Qualcomm Inc. and Chubb Ltd.”
Chubb Limited
Also mentioned · 1
These funds discuss Chubb Limited as a competitor, benchmark or comparable, without disclosing a position in it.
- MentionedThird Point Offshore Fund, Ltd.September 2026
“Acquisitions give APi another way to expand this model. Management estimates an addressable market of approximately $160 billion, much of it served by smaller operators. APi has completed nearly 150 bolt-on acquisitions over two decades, historically paying approximately 6-8x EBITDA for these businesses. We think today’s opportunity is to improve purchasing, expand service offerings, and bring greater operating discipline to an established local franchise. Chubb Fire & Security demonstrates the potential on a larger scale.”
Chubb Limited
Fund coverage · 4 theses
- Davis Financial FundDecember 2025
Chubb Limited is a diversified P&C insurer with superior underwriting culture, strong pricing tailwinds, low-20s ROTCE, and an attractive 10–11x earnings outlook.
Read the full thesis - Wedgewood PartnersDecember 2025
Chubb is a global P&C insurer with specialty lines, best-in-class underwriting, strong claims service, and growing investment income supporting durable double-digit earnings growth.
Read the full thesis - The London Company Large CapDecember 2025
Chubb Limited is delivering record earnings with industry-leading underwriting, raising ROE targets and buybacks, and is viewed as undervalued with accelerating premiums.
Read the full thesis - The London Company Income EquityJune 2025
Chubb Limited is a well-managed insurance provider with strong growth potential, disciplined underwriting, and geographical diversification, making it a compelling long-term investment.
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