Chubb News
Big Commercial Rate Hikes Continue at Chubb; Investment Portfolio Takes Hit
Chubb's 2021 first quarter landed with massive net income. The company alsi benefited from double-digit commercial premium rate hikes and a healthy P/C combined ratio. COVID-19 continued to adversely ...
Business Travelers Eager to Fly Again, With Focus on Extra Precautions: Chubb Survey
Business travelers are itching to travel again for work and life, but most remain concerned at the same time about contracting COVID-19 and favor extra precautions, according to a new global survey ...
The Hartford Rejected Three M&A Offers in All From Chubb
After its initial offer of $65 per share to acquire The Hartford was rejected, insurer Chubb came back with two additional offers of $67 and then $70 per share, The Hartford reported today in its ...
Chubb CEO Greenberg Reiterates a Call for Litigation Reform
Chubb Chairman and CEO Evan Greenberg is reiterating a call for litigation reform nationally and at the state level to address what he said is a "systemic" worsening of the legal environment and its ...
Executives On The Move at Hippo, Chubb and Buckle
Hippo hired four new executives in its legal department who will help the company hit the public markets through a reverse merger transaction announced in March. Chubb appointed a rising executive ...
Carrier M&A Activity Could Reach Record Levels in 2021: S&P
Carrier mergers and acquisitions could reach historic levels in 2021 based on early indications from a robust first quarter, according to a new Standard & Poor's report. U.S. and Bermuda-based ...
A Spurned Chubb Says Hartford Isn’t The Only Fish in the Sea
Global insurer Chubb Ltd. today issued a statement that it is "disappointed that The Hartford chose not to engage in discussions regarding a strategic business combination." However, the disappointed ...
After Chubb’s Failed Hartford Try, Allianz Now Mulling Possible Counteroffer
Chubb Ltd.'s $23 billion takeover offer for Hartford Financial Services Group Inc. has prompted Germany's Allianz SE to study the feasibility of a counteroffer, according to people familiar with the ...