AM Best Affirms Chubb Panama's A++ Rating with Stable Outlook
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 16 2026
0mins
Should l Buy CB?
Source: Businesswire
- Rating Affirmation: AM Best has affirmed Chubb Panama's Financial Strength Rating of A++ and Long-Term Issuer Credit Rating of “aa+”, reflecting its strategic importance as a subsidiary of Chubb Limited and showcasing a robust balance sheet strength.
- Operating Performance: Chubb Panama achieved a 31.5% return on equity in 2024, coupled with a combined ratio of 73%, indicating strong profitability in a competitive market and demonstrating effective underwriting practices.
- Market Share: Although Chubb Panama holds a modest market share in Panama's insurance sector, its diversified business portfolio and partnership with Chubb Tempest Re provide competitive advantages that enhance its market position.
- Capital Management: AM Best expects Chubb Panama's risk-adjusted capitalization to remain supported by Chubb Group's conservative capital management guidelines, ensuring stable financial leverage levels for future operations.
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Analyst Views on CB
Wall Street analysts forecast CB stock price to rise
17 Analyst Rating
7 Buy
8 Hold
2 Sell
Moderate Buy
Current: 325.240
Low
283.00
Averages
336.88
High
385.00
Current: 325.240
Low
283.00
Averages
336.88
High
385.00
About CB
Chubb Limited is a Switzerland-based holding company. The Company, through its subsidiaries, provides a range of insurance and reinsurance products and services to clients around the world. Its segments include North America Commercial property and casualty (P&C) Insurance, North America Personal P&C Insurance, North America Agricultural Insurance, Overseas General Insurance, Global Reinsurance and Life Insurance. It offers commercial insurance products and service offerings, such as risk management programs, loss control, and engineering and complex claims management. It provides specialized insurance products to areas, such as aviation and energy. It also offers personal lines insurance coverage, including homeowners, automobile, valuables, umbrella liability and recreational marine products. In addition, it supplies personal accident, supplemental health and life insurance to individuals in select countries.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Policy Issuance: Chubb will act as the primary underwriter for insurance policies on eligible vessels, with DFC collaborating with several American insurance companies to provide reinsurance policies, and additional partners are expected to be announced in the coming days.
- Insurance Coverage: The DFC's reinsurance facility will cover losses up to approximately $20 billion for eligible vessels, initially focusing on hull, machinery, and cargo insurance, although specific eligibility criteria have not been detailed.
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See More
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- Comprehensive Coverage: The DFC program will provide insurance for eligible vessels covering hulls, machinery, and cargo, with Chubb responsible for the end insurance, which will also include coverage for environmental cleanup costs, ensuring a holistic approach to risk management.
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- New Executive Background: Seshadri Iyer joins Chubb after nearly 20 years at Boston Consulting Group, bringing extensive experience in technology-enabled change, particularly in financial services, and is expected to leverage his expertise to drive Chubb's global operations and technology advancements.
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See More
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Stock Holdings and Acquisitions: Buffett's final moves included maintaining a strong portfolio with major holdings in Apple, American Express, and Bank of America, while also expanding positions in energy and media sectors.
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