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 $129.3B against $12.9B — 10.0× the size. Chubb Limited trades at the lower P/E: 11.7× against 12.5×. 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 (1.67% vs 1.46%). Across the 23 metrics below, Assurant, Inc. leads on 13 and Chubb Limited on 10.

Valuation

Metric AIZ CB Insurance Property & Casualty median
P/E 12.54 11.68 10.29
P/S 0.98 2.09 1.17
P/B 2.15 1.60 1.83
Price to free cash flow 7.93 8.40 7.48
EV/EBITDA 7.98 9.83 7.49
EV/Sales 1.01 2.39 1.13
Earnings yield 7.97% 8.56% 9.50%
Free cash flow yield 12.62% 11.91% 13.29%

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% 17.59%
Return on equity 18.19% 14.41% 18.19%
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% 8.69%
EPS growth (last fiscal year) 17.08% 13.13% —
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 1.67% 1.46% 2.79%
Payout ratio 0.43 0.24 0.27

Size

Metric AIZ CB Insurance Property & Casualty median
Market cap 12.92b 129.34b 2.44b

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