10 Best Insurance Stocks for the Long Term

2. Chubb Limited (NYSE:CB)

Number of Hedge Fund Holders: 51

10-Year Revenue Growth Rate: 10.85%

Chubb Limited (NYSE:CB) is an insurance company, incorporated in Switzerland and listed in the United States. The entity has operations in more than 54 countries and territories offering commercial property, personal property, casualty, personal accident, life, and supplemental health insurance. Every year, the company handles over 3 million new claims from across the globe, paying out nearly $17 billion.

On January 10, analyst firm, Keefe Bruyette, raised the firm’s price target on Chubb Limited (NYSE:CB) from $320 to $328, maintaining an outperform rating on the stock. On January 3, analyst firm JPMorgan raised its price target on CB from $294 to $296, maintaining a bullish outlook on the property and casualty sector in 2025. The firm is mostly bullish on personal insurance lines due to positive margins.

The company has displayed consistent financial performance, evident from its sustained growth in revenue over the past 10 years. In the third quarter of 2024, Chubb Limited (NYSE:CB) reported record year-to-date results. The company grew its operating income and EPS was up by 14.3% and 15.6% respectively during the quarter, driven by solid growth in its property and casualty underwriting and investment income segments.