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Fly News Breaks for January 15, 2019
CB
Jan 15, 2019 | 08:14 EDT
Compass Point analyst Bijan Moazami initiated Chubb with a Buy and $65 price target. Moazami said Chubb's combined ratio is "world class" with competitive advantage in both loss ratio as well as expense ratio. The analyst said Chubb's "impeccable reputation in claims" allows it to price product higher than competitors and win business.
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