HomeinsuranceInsurance companies are buying back their own stock in hordes. Maybe they...

Insurance companies are buying back their own stock in hordes. Maybe they shouldn’t

On May 21, following its annual meeting Chubb announced that its board authorized a new $7.5 billion share repurchase program. In January, Travelers authorized a $5 billion share buyback, bringing its share repurchase capacity to $7 billion. The Hart… [2476 chars]

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