Capital World Investors is Buying Chubb Ltd. (NYSE:CB) Shares
In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Chubb Ltd. (NYSE:CB) reported that Capital World Investors has picked up 23,448,895 of common stock as of 2017-02-14.
The acquisition brings the aggregate amount owned by Capital World Investors to a total of 23,448,895 representing a 5.0% stake in the company.
For those not familiar with the company, Chubb Limited (Chubb), formerly ACE Limited, is a holding company. The Company, through its subsidiaries, provides a range of insurance and reinsurance products to insureds across the world. The Company’s segments include North America Commercial P&C Insurance, North America Personal P&C Insurance, North America Agricultural Insurance, Overseas General Insurance, Global Reinsurance and Life Insurance. It provides traditional and specialty property and casualty (P&C) coverage for industrial, commercial and mid-market companies with claims and risk engineering capabilities to serve companies of various sizes. Its commercial P&C business is focused on various corporate customers that are served by retail brokers, middle market and small commercial companies served by retail independent agents and brokers, and specialty excess and surplus lines distributed through wholesale brokers. On the consumer insurance side, it offers a range of products for individual consumers and their families.
A glance at Chubb Ltd. (NYSE:CB)’s key stats reveals a current market capitalization of 62.64 billion based on 465.97 million shares outstanding and a price at last close of $133.55 per share.
Looking at insider activity, there are a few transactions worth noting.
Specifically, on 2016-09-26, Sidwell picked up 830 at a purchase price of $124.90 . This brings their total holding to 7,386 as of the date of the filing.
On the sell side, the most recent transaction saw Greenberg unload 132,219 shares at a sale price of $132.97. This brings their total holding to 1,355,119.
It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Chubb Ltd. (NYSE:CB) as things move forward to see if its progress aligns with these transactions.
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Guess Who Just Picked Up Assurant Inc. (NYSE:AIZ) Shares
In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Assurant Inc. (NYSE:AIZ) reported that Neuberger Berman Group Llc. has picked up 229 of common stock as of 2017-02-14.
The acquisition brings the aggregate amount owned by Neuberger Berman Group Llc. to a total of 229 representing a 4.02% stake in the company.
For those not familiar with the company, Assurant, Inc. is a provider of specialty protection products and related services. The Company’s segments include Assurant Solution, Assurant Specialty Property and Corporate & Other. The Assurant Solutions segment provides mobile device protection products and services; debt protection administration; credit insurance; extended service products and related services for consumer electronics, appliances and vehicles, and offers pre-funded funeral insurance. The Assurant Specialty Property segment provides lender-placed homeowners insurance; property preservation and valuation services; flood insurance; renters insurance and related products, and manufactured housing homeowners insurance. The Corporate & Other segment includes activities of the holding company, financing and interest expenses, net realized gains (losses) on investments and interest income earned from short-term investments held.
A glance at Assurant Inc. (NYSE:AIZ)’s key stats reveals a current market capitalization of 5.52 billion based on 58.01 million shares outstanding and a price at last close of $95.33 per share.
Looking at insider activity, there are a few transactions worth noting.
Specifically, on 2013-11-11, Montupet picked up 300 at a purchase price of $59.83. This brings their total holding to 5,921 as of the date of the filing.
On the sell side, the most recent transaction saw Pagano unload 600 shares at a sale price of $92.53. This brings their total holding to 59,800.
It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Assurant Inc. (NYSE:AIZ) as things move forward to see if its progress aligns with these transactions.
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Franklin Mutual Advisers Llc. is Buying Xl Group Ltd. (NYSE:XL) Shares
In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Xl Group Ltd. (NYSE:XL) reported that Franklin Mutual Advisers Llc. has picked up 22,281,203 of common stock as of 2017-02-06.
The acquisition brings the aggregate amount owned by Franklin Mutual Advisers Llc. to a total of 22,281,203 representing a 8.3% stake in the company.
For those not familiar with the company, Xl Group Ltd. (NYSE:XL) is a risk specialist company. With an incredible blend of people, products, services and technology, the company has the power to find innovative, creative solutions for risks – from the most familiar to the most complex.
Looking at insider activity, there are a few transactions worth noting.
Specifically, on 2016-05-03, Whelley picked up 1,500 at a purchase price of $32.30. This brings their total holding to 16,966 as of the date of the filing.
On the sell side, the most recent transaction saw Mcgavick unload 126,928 shares at a sale price of $38.00. This brings their total holding to 240,423.
It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Xl Group Ltd. (NYSE:XL) as things move forward to see if its progress aligns with these transactions.
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