Deutsche Bank Boosts Chubb (CB) Target, Company Unveils Marine Insurance Partnership

Chubb Limited (NYSE:CB) is included among the Dividend Kings and Aristocrats List: 32 Biggest Stocks.

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On March 23, Deutsche Bank raised its price recommendation on Chubb Limited (NYSE:CB) to $330 from $304. It reiterated a Hold rating on the shares. The firm said it is raising its estimates and has also introduced a 2028 forecast.

Two days later, on March 25, Chubb announced an exclusive partnership with Safe Harbor Marinas. Under the agreement, Chubb will serve as the preferred insurance provider for Safe Harbor members. Members across more than 150 marinas will have access to Chubb’s Masterpiece Select Recreational Marine Insurance. The offering is backed by more than a century of experience in marine insurance.

The policy is designed to provide broad and flexible coverage. It includes total loss settlement with no deductible and does not apply depreciation to partial losses. It also covers mechanical and electrical breakdowns, along with rental reimbursement and replacement cost protection.

Chubb Limited (NYSE:CB) operates as a global insurance provider. The company has a presence in 54 countries and territories and offers a range of products, including commercial and personal property and casualty insurance, personal accident and supplemental health coverage, reinsurance, and life insurance.

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