Chubb (CB) Stock Could Be 50% Undervalued On Lasting Capital Returns

Chubb has almost doubled shareholders' money over the past five years, which puts a spotlight on whether the current share price lines up with the returns the insurer earns on its capital. With the stock around US$331, investors are increasingly asking if that track record of capital efficiency is enough to support today's valuation. A roughly 99.8% gain over five years means long term holders now have a lot of future performance baked into their expectations for Chubb's ability to keep...