Chubb Shares Fall 0.45% Despite Pet Insurance Expansion as Trading Volume Ranks 275th

Chubb (NYSE: CB) closed 0.45% lower on August 12, 2025, with a trading volume of $390 million, ranking 275th in market activity. The decline occurred despite recent business developments aimed at expanding its pet insurance division.

The company’s Healthy Paws subsidiary, a leader in U.S. pet health coverage, announced a partnership with PetSmart, North America’s top omni-channel pet retailer, to enhance access to its insurance products. This collaboration allows PetSmart customers to explore and purchase pet insurance during their shopping experience, leveraging PetSmart’s extensive customer base. The initiative highlights Chubb’s strategic push to capitalize on the growing demand for pet insurance, particularly as veterinary costs rise and consumer adoption of such services increases. Healthy Paws’ offerings include no maximum annual payouts, rapid reimbursement, and a streamlined mobile claims process, aligning with Chubb’s broader focus on specialty personal lines growth through distribution partnerships.

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