Assurant, Inc. (AIZ) vs Chubb Limited (CB)

Assurant, Inc. and Chubb Limited are both Insurance Property & Casualty companies. Chubb Limited is the larger, with a market value of $136.1B against $13.9B — 9.8× the size. Chubb Limited trades at the lower P/E: 12.6× against 13.4×. Assurant, Inc. grew revenue faster over the last twelve months: 9.36% against 8.02%. Chubb Limited has the higher net margin (18.1% vs 7.84%) and the lower return on invested capital (9.52% vs 12.6%). Both pay a dividend; Assurant, Inc. yields more (1.24% vs 1.11%). Across the 21 metrics below, Assurant, Inc. leads on 11 and Chubb Limited on 10.

Valuation

Metric AIZ CB Insurance Property & Casualty median
P/E 13.41 12.60 10.75
P/S 1.04 2.25 1.21
P/B 2.30 1.72 1.99
Price to free cash flow 8.47 9.06 7.76
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 7.46% 7.94% 9.08%
Free cash flow yield 11.80% 11.04% 12.11%

Profitability

Metric AIZ CB Insurance Property & Casualty median
Gross margin 78.12% 31.02% 41.16%
Operating margin 10.70% 24.55% 15.09%
Net margin 7.84% 18.10% 11.51%
Free cash flow margin 12.30% 24.88% 17.46%
Return on equity 18.19% 14.41% 17.34%
Return on assets 2.95% 4.12% 3.74%
Return on invested capital 12.55% 9.52% 12.06%

Growth

Metric AIZ CB Insurance Property & Casualty median
Revenue growth (TTM) 9.36% 8.02% 8.02%
EPS growth (last fiscal year) 17.08% 13.13% 39.61%
Revenue growth, 5-year CAGR 5.95% 10.54% 9.23%
Net income growth, 5-year CAGR 15.43% 23.89% 10.09%

Health

Metric AIZ CB Insurance Property & Casualty median
Debt to equity 0.36 0.27 0.25
Current ratio 0.37 0.25 0.42
Net debt to EBITDA 0.26 1.31 0.08

Dividend

Metric AIZ CB Insurance Property & Casualty median
Dividend yield 1.24% 1.11% 1.50%
Payout ratio 0.17 0.14 0.14

Size

Metric AIZ CB Insurance Property & Casualty median
Market cap 13.90b 136.11b 2.67b

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