Chubb
-
The $65 per share bid looks like an opening salvo, with potentially another $10+ per share to come. -
The proposed consideration represents a mix of stock with the majority in cash.
-
The carrier says its board of directors is "carefully considering" the proposal.
-
The Hartford share price jumps 12% on report of deal talks with Chubb.
-
The basketball team is seeking to recover costs from a policy it says provides $89.4mn in coverage.
-
Blink will offer Chubb-backed consumer insurance products, with personal cyber the first to go live.
-
Some sub-classes of the cyber market such as industrial manufacturing and retail wholesalers are seeing rate hikes of as much as 40%.
-
Pure pricing data suggested the D&O market kept taking rate-on-rate in Q4, while the policy restructuring and retention data showed early signs of peaking.
-
Michael Mollica takes over her previous responsibilities as NA private and non-profit management liability.
-
The second week’s reporters continued to build upon the theme of rate momentum likely translating into ROE expansion.
-
Chubb closed the year with near-double-digit top-line growth outpacing all its peers by a substantial margin.
-
The insurer can now repurchase up to $2.5bn in shares during 2021.
Most Recent
-
Daily Digest: Top news from November 22
November 22, 2024 -
Cyber attacks on supply chain up 431% since 2021: Cowbell
November 22, 2024 -
PE firm Capital Z takes $240mn minority stake in retail broker Leavitt
November 22, 2024