Chubb Ltd (NYSE:CB) received a stock rating downgrade from Atlantic Equities on Jun-16-16. In a note to investors, the firm issued an Underweight rating. The analysts previously had a Neutral rating on the stock.
Analysts have a consensus target price of $132.00 in the 12-month period. The price objective is 5.35% higher than the recent closing price of $125.30. The 52-week price range is $95.46-$128.14 and the company has a market capitalization of $58.52 billion. Analysts covering the shares maintain a consensus Strong Buy rating, according to Zacks Investment Research. Zero analyst has rated the stock with a sell rating, 2 has assigned a hold rating, 4 says it’s a buy, and 9 have assigned a strong buy rating to the company.
Chubb Ltd (CB) on June 7, 2016 announced that 63 of its Agency Leaders in Hong Kong successfully obtained the Chartered Financial Field Leader (CFFL) certification, a world class designation recognized by Kinder Brothers International. The Agency Leaders are the first batch in the company to complete this highly reputable management program which sets out the high standards and role model that their subordinates surely will highly appreciate so do the policyholders.
Chubb Life’s first CFFL Graduation Ceremony was held at Chubb Wealth Management Center on June 6, 2016. At the ceremony, 63 Agency Leaders were presented with certificates for completing the training program which consists of a series of lectures focusing on the key elements resulting in overall improved management effectiveness, including production growth, producer development, profitable operations and financial services arena.
“In a fast changing world such as the one we live in, we must learn to quickly adapt, innovate and evolve to stay competitive. Chubb Life is delighted to have partnered with Kinder Brothers International and Prime Learning Institute in delivering this program to our Agency Leaders. By participating in the program, they embarked on a learning journey to gain a better understanding of the financial and insurance industry, and they will now be able to apply the tools and skills that they have learnt in transforming their teams and operation procedures as well as advising our customers to achieve peace of mind and meet different financial goals,” said Allan Lam, Country President of Chubb Life in Hong Kong.
“The CFFL program has been proven by a successful track record worldwide and we have invested over HK$1 million to build up an even stronger agency force with this first batch of 63 Agency Leaders being trained. Those who have completed the program are better equipped with leadership and communication skills. While keeping the human touch in daily consultations, our Agency Leaders will be able to give more systematic solutions and advice.”