Insurance Giant Chubb Offers to Buy Rival Hartford

Kimiko G. Judith

Chubb Ltd. CB -2.63% , just one of the nation’s largest, oldest and very best-known home-casualty insurers, has created a preliminary proposal to get Hartford Money Services Group Inc., HIG 18.71% yet another storied title in the field. The Connecticut-centered Hartford explained in a release Thursday afternoon that it “has […]

Insurance Giant Aon Is Testing the Waters of DeFi

Kimiko G. Judith

Insurance policies broker Aon is dipping a toe into decentralized finance (DeFi). Declared Wednesday, the world’s second-major insurance intermediary has embarked on a pilot with Nayms, an insurtech system that will allow cryptocurrency holders to supply decentralized insurance plan deal with in opposition to losses thanks to hacks or buggy […]