CB vs RLI: Correlation
Measured on weekly returns over the past three years, Chubb Limited (CB) and RLI Corp. (RLI) carry a correlation of 0.66, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CB and RLI?
On 3 years of weekly data the CB/RLI correlation comes out at 0.66, strong. Recent behaviour matches the longer record: 0.74 over 1 year against 0.66 over 3. The 5-year figure is 0.60, and annualized covariance runs at 258.1 %².
By 3-year correlation, RLI places #7 of the 37 assets tracked against CB. Correlation aside, the last 12 months split them widely, with CB ahead by 22.8 points (+24.7% versus +1.9%).
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.
CB vs RLI: side by side
| CB (Chubb Limited) | RLI (RLI Corp.) | |
|---|---|---|
| 1-year return | +24.7% | +1.9% |
| 5-year return | +96.8% | +46.7% |
| Volatility (ann.) | 17.7% | 22.2% |
| Beta vs S&P 500 | 0.17 | 0.18 |
| Max drawdown (3Y) | -14.4% | -43.5% |
| Market cap | $130.5B | $5.9B |
| P/E (trailing) | 12.2 | 13.5 |
| Dividend yield | 1.14% | 1.02% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | CB | RLI |
|---|---|---|
| 2022 | +16.0% | +24.8% |
| 2023 | +4.2% | +3.8% |
| 2024 | +23.9% | +27.6% |
| 2025 | +13.7% | -19.1% |
| 2026 | +9.1% | +5.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CB and RLI good diversifiers for each other?
To a limited degree. At 0.66 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 CB and RLI?
The CB/RLI correlation stands at 0.66 on a 3-year window (1 year: 0.74, 5 years: 0.60), computed from weekly returns as of 2026-08-27.
Is RLI a good diversifier for CB?
To a limited degree. At 0.66 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 0.66 mean?
A reading of 0.66 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/cb-vs-rli.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/cb-vs-rli/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CB correlations · RLI correlations
