Chubb CEO Sees ‘Outstanding’ Q1 and Lots of Options for Growth Without Hartford April 29, 2021 By Andrew G. Simpson Chubb reported sizable net income of $2.30 billion in the first quarter of 2021 versus $252 million for the prior...
Hartford Rejected 3 Acquisition Offers From Chubb From $65 to $70 a Share April 22, 2021 By Andrew G. Simpson After its initial offer of $65 per share to acquire The Hartford was rejected, insurer Chubb came back with two...
Chubb ‘Disappointed’ in Hartford’s Rejection of Merger Offer, Talks March 29, 2021 By Andrew G. Simpson Global insurer Chubb Ltd. today issued a statement that it is “disappointed that The Hartford chose not to engage in...
Allianz Privately Mulls Counteroffer for The Hartford After Chubb’s Offer March 28, 2021 By Jan-Henrik Förster and Aaron Kirchfeld Chubb Ltd.’s $23 billion takeover offer for Hartford Financial Services Group Inc. has prompted Germany’s Allianz SE to study the...
The Hartford Rejects Chubb’s $23 Billion Buyout Offer March 23, 2021 The Hartford today announced that its board of directors has unanimously rejected rival insurer Chubb’s unsolicited proposal to acquire The...
Chubb Bids for Significant Scale Including The Hartford’s ‘Crown Jewel’ March 19, 2021 By Mark Hollmer Five years ago, Evan Greenberg led ACE’s nearly $30 billion acquisition of Chubb, morphing Chubb into its current status as...
Chubb’s Offer to Acquire Rival Hartford: $23.2 Billion March 19, 2021 By Katherine Chiglinsky, Ed Hammond and Dinesh Nair Chubb Ltd., the global insurer led by Evan Greenberg, proposed an acquisition of Hartford Financial Services Group Inc. for about...