The Hartford CEO Christopher Swift expressed confidence that the property/casualty insurer has weathered the worst of the COVID-19 pandemic and that related concerns about business interruption claims have become minimal. “I have never been more excited about The Hartford’s future,” …
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 matter. Europe’s biggest insurer is discussing its options with potential …
While Chubb’s $23.2 billion opening bid for The Hartford appears to be mostly a commercial lines play to many observers, one experienced industry observer has a different take on it. Chubb CEO Evan Greenberg would certainly welcome what The Hartford …
Chubb Ltd., the global insurer led by Evan Greenberg, proposed an acquisition of Hartford Financial Services Group Inc. for about $23.2 billion in cash and stock in what could be one of the industry’s biggest deals in years. The New …
Chubb Ltd., the global insurer led by Evan Greenberg, is exploring an acquisition of Hartford Financial Services Group Inc. in what could be one of the industry’s biggest deals in years, people familiar with the matter said. The New York-listed …
The Hartford Financial Services Group has agreed to acquire specialty insurer The Navigators Group in a transaction that values Navigators at approximately $2.1 billion. Under the terms of the agreement, Navigators stockholders will receive $70.00 per share in cash upon …
The Hartford has agreed to acquire Aetna’s U.S. group life and disability business for cash consideration of $1.45 billion. This acquisition enhances The Hartford’s group benefits distribution capabilities and accelerates the company’s technology strategy, according to the announcement. “The transaction …
Hartford Financial Services Group Inc. agreed to sell its Japanese operation to Orix Corp. as Chief Executive Officer Liam McGee narrows the U.S. insurer’s focus. Orix will pay about $895 million for the business, which sold retirement products in Japan …
