Chubb, the largest US non-lifetime insurance company by marketplace capitalisation, has approached rival Hartford Fiscal Companies Group with an unsolicited $23.2bn takeover present, in what could be the initially mega-offer in an sector battered by losses stemming from the coronavirus pandemic. The corporation led by Evan Greenberg explained it had […]
Rival
Insurance Giant Chubb Offers to Buy Rival Hartford
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 […]