Chubb Limited (CB) – Among the Best Cheap Dividend Stocks to Buy

Chubb Limited (NYSE:CB) is included among the 15 Best Cheap Dividend Stocks to Buy.

Image by Steve Buissinne from Pixabay

On April 8, Barclays raised its price recommendation on Chubb Limited (NYSE:CB) to $374 from $339. It reiterated an Equal Weight rating on the shares. The change came as part of a Q1 preview for the insurance group. The analyst said premium growth and broker organic growth “are likely to remain sluggish.” Barclays still expects solid margins and strong capital deployment to support book value growth in Q1.

On April 10, Chubb announced that Kevin Rampe has been named Senior Vice President, Chubb Group, and Global Claims Officer, effective immediately. He will continue in his role as Head of North America Claims while taking on global responsibility. In this expanded position, he will oversee the company’s claims operations worldwide, including management, service, and administration across its global network.

Rampe joined Chubb in 2005 as Global Compliance Officer. He later served as General Counsel of North America and Global Deputy General Counsel before becoming Head of North America Claims in 2021. Earlier in his career, he was President and Chairman of the Lower Manhattan Development Corporation. He also served as First Deputy Superintendent of the New York State Insurance Department and as First Assistant Counsel to New York State Governor George E. Pataki.

Chubb Limited (NYSE:CB) is a Switzerland-based holding company that provides insurance and reinsurance products and services worldwide through its subsidiaries.

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