ACE to Acquire Chubb in $28.3 Billion Deal
In a major transaction, ACE Limited has agreed to acquire The Chubb Corp. for $28.3 billion in cash and stock. The two firms said the combined company will have complementary businesses, skills and...
View ArticleBig ACE-Chubb Deal Triggers ‘Feverish’ Merger Speculation
Evan Greenberg just took dealmaking to the next level. The chief executive officer of property/casualty insurer ACE Ltd. on Wednesday announced a $28 billion deal for rival Chubb Corp. It’s the biggest...
View ArticlePoll: Is ACE-Chubb Deal Good or Bad?
The insurance industry believes that on the whole, the ACE Ltd. acquisition of Chubb Corp. is a good deal. Industry professionals see the deal as perhaps better for the parties involved than for the...
View ArticleACE to Acquire Chubb in $28.3 Billion Deal
In a major transaction, ACE Limited has agreed to acquire The Chubb Corp. for $28.3 billion in cash and stock. The balance sheet’s size and strength will elevate the combined company into the elite...
View ArticleAnalysis of Chubb’s Future Position in P/C Product Lines
Just a little over six months ago, ACE announced a deal to acquire the high-net-worth personal lines business of Fireman’s Fund from Allianz, competing against Chubb, which holds the leading position...
View ArticleAce’s Greenberg Says Chubb Integration Will Take Years
Ace Ltd. Chief Executive Officer Evan Greenberg said it would be a mistake to start celebrating his agreement to buy Chubb Corp. for more than $28 billion, because the real test will be to integrate...
View ArticleChubb Shareholders Approve Merger with Ace
The Chubb Corp. said its shareholders approved the previously announced $28.3 billion merger agreement with Ace Limited today. The proposal to approve the merger agreement received support from...
View ArticleChubb Shareholders Say No to Finnegan’s $80M Golden Parachute
Chubb Corp. shareholders opposed an $80 million golden parachute payment for Chief Executive Officer John Finnegan, who struck a deal to sell the insurer to Ace Ltd. About 61 percent of voting...
View Article‘New Chubb’ Opens as Giant ACE, Chubb Merger to Close
ACE Ltd. and Chubb said they have received all necessary regulatory approvals and will close their $29.7 billion merger agreement today, Jan. 14 – six months after the companies first announced their...
View ArticleCEO Greenberg Confident Most Top Talent, Agents Will Stay with New Chubb
Chubb Chairman and CEO Evan Greenberg believes opportunity and incentives will encourage most executives to stay with the insurer in the wake of its recently completed mega-merger. “I don’t kid myself....
View ArticlePrepare for Disruption in High Net Worth Insurance Segment
ACE’s $28.3 billion purchase of Chubb will create a major disruption in the luxury insurance market. When the integration of the two insurers is complete, the new company is anticipated to control...
View ArticleChubb Weathers Q2 Disasters; CEO Greenberg Hits Anti-Trade, Anti-Immigration...
Chubb Ltd. weathered claims from major storms in Texas and other U.S. states, Canadian wildfires and earthquakes in Japan and Ecuador in the second quarter to record solid operating results. Operating...
View ArticleACE to Acquire Chubb in $28.3 Billion Deal
In a major transaction, ACE Limited has agreed to acquire The Chubb Corp. for $28.3 billion in cash and stock. The two firms said the combined company will have complementary businesses, skills and...
View ArticleBig ACE-Chubb Deal Triggers ‘Feverish’ Merger Speculation
Evan Greenberg just took dealmaking to the next level. The chief executive officer of property/casualty insurer ACE Ltd. on Wednesday announced a $28 billion deal for rival Chubb Corp. It’s the biggest...
View ArticlePoll: Is ACE-Chubb Deal Good or Bad?
The insurance industry believes that on the whole, the ACE Ltd. acquisition of Chubb Corp. is a good deal. Industry professionals see the deal as perhaps better for the parties involved than for the...
View ArticleACE to Acquire Chubb in $28.3 Billion Deal
In a major transaction, ACE Limited has agreed to acquire The Chubb Corp. for $28.3 billion in cash and stock. The balance sheet’s size and strength will elevate the combined company into the elite...
View ArticleAnalysis of Chubb’s Future Position in P/C Product Lines
Just a little over six months ago, ACE announced a deal to acquire the high-net-worth personal lines business of Fireman’s Fund from Allianz, competing against Chubb, which holds the leading position...
View ArticleAce’s Greenberg Says Chubb Integration Will Take Years
Ace Ltd. Chief Executive Officer Evan Greenberg said it would be a mistake to start celebrating his agreement to buy Chubb Corp. for more than $28 billion, because the real test will be to integrate...
View ArticleChubb Shareholders Approve Merger with Ace
The Chubb Corp. said its shareholders approved the previously announced $28.3 billion merger agreement with Ace Limited today. The proposal to approve the merger agreement received support from...
View ArticleChubb Shareholders Say No to Finnegan’s $80M Golden Parachute
Chubb Corp. shareholders opposed an $80 million golden parachute payment for Chief Executive Officer John Finnegan, who struck a deal to sell the insurer to Ace Ltd. About 61 percent of voting...
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