EXCLUSIVE: Chubb Predicts Bull-Run In Digital Offerings As 'Digital Wallet Race' Heats Up
Portfolio Pulse from Melanie Schaffer
Chubb Limited (NYSE:CB) conducted a survey showing banks and fintech companies are optimistic about embedded insurance, expecting it to significantly grow their revenue in the next three years. Chubb, which operates in 54 countries, reached a new all-time high of $231.37 on Jan. 27 due to increased consumer interest in protecting their belongings and lifestyles. The company projects major growth for insurance providers with digital products, especially in Asia and Latin America.

August 16, 2023 | 11:55 am
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Chubb Limited's survey indicates a bullish outlook for the company due to the expected growth in embedded insurance. The company's stock reached a new all-time high on Jan. 27, reflecting increased consumer interest.
The news directly mentions Chubb Limited and its survey results, which indicate a positive outlook for the company due to the expected growth in embedded insurance. This is likely to have a positive impact on the company's stock in the short term.
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