AIG vs CB: Correlation
Measured on weekly returns over the past three years, American International Group (AIG) and Chubb Limited (CB) carry a correlation of 0.61, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AIG and CB?
On 3 years of weekly data the AIG/CB correlation comes out at 0.61, strong. The relationship has been stable: the 1-year correlation (0.58) sits close to the 3-year figure. The 5-year figure is 0.64, and annualized covariance runs at 218.6 %².
By 3-year correlation, CB places #4 of the 28 assets tracked against AIG. The last year tells two different stories: CB led by 29.3 percentage points, -4.6% for AIG against +24.7% for CB. Across three years, the rolling one-year figure varied moderately, from 0.44 to 0.77.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
AIG vs CB: side by side
| AIG (American International Group) | CB (Chubb Limited) | |
|---|---|---|
| 1-year return | -4.6% | +24.7% |
| 5-year return | +58.9% | +96.8% |
| Volatility (ann.) | 20.1% | 17.7% |
| Beta vs S&P 500 | 0.46 | 0.17 |
| Max drawdown (3Y) | -17.0% | -14.4% |
| Market cap | $40.1B | $130.5B |
| P/E (trailing) | 14.0 | 12.2 |
| Dividend yield | 2.40% | 1.14% |
| Sector / category | Financials | Financials |
Year-by-year returns
| Year | AIG | CB |
|---|---|---|
| 2022 | +13.8% | +16.0% |
| 2023 | +9.8% | +4.2% |
| 2024 | +9.8% | +23.9% |
| 2025 | +20.0% | +13.7% |
| 2026 | -9.3% | +9.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AIG and CB good diversifiers for each other?
To a limited degree. At 0.61 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between AIG and CB?
As of 2026-08-27, the correlation of weekly returns between AIG and CB is 0.61 over 3 years, 0.58 over 1 year and 0.64 over 5 years.
Is CB a good diversifier for AIG?
To a limited degree. At 0.61 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.61 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/aig-vs-cb.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/aig-vs-cb/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: AIG correlations · CB correlations
