Chubb increases Huatai majority stake to 86%
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn

© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.


Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Chubb increases Huatai majority stake to 86%

Chubb and Huatai logos beijing.jpg

Chubb is set to increase its majority stake in Chinese life and P&C carrier Huatai Insurance Group to 86.1% as part of its strategy to expand its Asian operations.

The giant insurer expects to close the transaction sometime this year, pending Chinese regulatory approvals.

“Our strategic investments such as Cigna and Huatai will provide us with greater revenue, earnings and growth opportunity,” Chubb CEO Evan Greenberg told analysts during...

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Gift this article