Chubb said looking at $22bn acquisition of Hartford: Report

Chubb said looking at $22bn acquisition of Hartford: Report

According to a report seen on Bloomberg, international main insurance carrier and reinsurance business Chubb is taking a look at significant expansion chances, with a possible $22 billion acquisition of the Hartford stated to be being explored.Bloomberg stated that its sources point towards what would be among the insurance and reinsurance markets biggest acquisition offers being possible, as Chubb led by Evan Greenberg takes a look at options that might deliver a substantial growth chance for the business.
The sources, who didnt wish to be named since these conversations are personal in nature, told Bloomberg that Chubb has actually already made an initial takeover method for the Hartford.
Its said that discussions between the pair are at an extremely early phase and may not cause any transaction.
Well update you ought to any additional info become readily available.

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