This web site needs javascript enabled to work properly. Please enable it to use the full functionality of the web site. Thank You!

AM Best Information Services

Best’s News & Research Service subscription required - March 23, 2021 12:07 PM (EDT)

Hartford Financial Board Turns Down Chubb’s $24 Billion Acquisition Bid

Hartford Financial Services Group Inc. has rejected Chubb Ltd.’s $24 billion takeover offer, citing a commitment to its current business plan. . . .

-- This content requires a subscription --

Already a subscriber?

Login Register your purchase

Not a Subscriber?

Best's News & Research Service

A subscription includes:

BestDay
BestWeek
Best's Review
Best's Journal
Best's Special Reports & Commentaries
Best's Rankings
and more...

MERGERS AND ACQUISITIONS MULTIPLE LINE INSURERS REINSURERS

Reprints & Redistribution

Latest News

MERGERS AND ACQUISITIONS
Canadian MGA GroupAssur Merges With MGA and Wholesaler Evolution Insurance
Apr 21, 2021 01:56 PM (EDT)

BEST'S CREDIT RATING ACTION
AM Best Upgrades Credit Ratings of Members of Old Republic Title Insurance Group; Affirms Other Old Republic Intl Corp Subs
Apr 21, 2021 01:54 PM (EDT)

PRESS RELEASE
Best’s Market Segment Report: AM Best Maintains Stable Outlook on Italian Non-Life Insurance Segment
Apr 21, 2021 01:47 PM (EDT)

UNITED KINGDOM
UK Financial Conduct Authority Will Develop ‘Regulatory Nursery’
Apr 21, 2021 01:33 PM (EDT)

EARNINGS
Anthem CEO: Strong Medicaid, Medicare Growth Offsets COVID-19 Costs
Apr 21, 2021 12:27 PM (EDT)

More from Best’s News

Trending

1

EARNINGS
W.R. Berkley First-Quarter Earnings Climb to $229.5 Million After Earlier Net Loss
Apr 20, 2021 05:22 PM (EDT)

2

DIRECTORS AND OFFICERS LIABILITY INSURANCE
AM Best: Directors and Officers Market Improves, but COVID-19, Social Issues Raise Complications
Apr 20, 2021 03:51 PM (EDT)

3

EARNINGS
Travelers CEO: Expect More Business Insurance Rate Hikes
Apr 20, 2021 02:55 PM (EDT)

4

PRESS RELEASE
Best’s Commentary: U.S. P/C Insurers Returned Nearly $13 Billion in Premiums in 2020 as COVID-19 Reduces Exposure
Apr 20, 2021 10:24 AM (EDT)

1

SETTLEMENTS (LITIGATION)
Hartford Reaches $650 Million Settlement Over Boy Scout Claims
Apr 16, 2021 05:28 PM (EDT)

2

LLOYDS
Lloyd’s to Open Manchester Hub, Welcomes New Cohort of 11 Insurtech Start-Ups
Apr 15, 2021 03:10 PM (EDT)

3

VENTURE CAPITAL
Avanta Ventures Managing Partner: Venture Capital Looking to Increase Insurtech Investments in 2021
Apr 14, 2021 01:46 PM (EDT)

4

INSURTECH
Insurtechs Clearcover and The Zebra Gain $350 Million in Series D Fundraising
Apr 13, 2021 02:25 PM (EDT)

5

INITIAL PUBLIC OFFERINGS
SPACs Offer Insurtechs Opportunity While Sponsors Scramble for D&O Coverage
Apr 13, 2021 09:48 AM (EDT)

1

DISCRIMINATION
‘Difficult Conversations’ About Race Aired at NAIC Meeting
Apr 12, 2021 04:23 PM (EDT)

2

CREDIT SCORING
Update: Insurance Trades Look to Courts to Block Washington State Credit Score Ban
Apr 07, 2021 01:05 PM (EDT)

3

MARINE
Grounding of Cargo Ship in Suez Canal Could Have Far-Reaching Insurance Impact
Mar 26, 2021 02:21 PM (EDT)

4

MERGERS AND ACQUISITIONS
Hartford Financial Board Turns Down Chubb’s $24 Billion Acquisition Bid
Mar 23, 2021 12:06 PM (EDT)

5

MERGERS AND ACQUISITIONS
Observers: Hartford Acquisition Would Boost Chubb Across Key Segments
Mar 19, 2021 03:53 PM (EDT)

1

MARINE
Grounding of Cargo Ship in Suez Canal Could Have Far-Reaching Insurance Impact
Mar 26, 2021 02:21 PM (EDT)

2

MERGERS AND ACQUISITIONS
Observers: Hartford Acquisition Would Boost Chubb Across Key Segments
Mar 19, 2021 03:53 PM (EDT)

3

MERGERS AND ACQUISITIONS
Hartford Financial Is Reviewing Unsolicited Offer From Chubb
Mar 18, 2021 05:56 PM (EDT)

4

EARNINGS
Berkshire Hathaway’s Reinsurance Group 2020 Underwriting Loss Widens to $2.7 Billion on Storms, COVID
Feb 28, 2021 07:54 PM (EST)

5

CATASTROPHES
Update: AIR Says Texas Freeze Insured Losses Will Exceed $10 Billion
Feb 24, 2021 04:31 PM (EST)

Related Companies

AMB#	Company Name
058303	Chubb Limited
058707	Hartford Financial Services Group, Inc.

SETTLEMENTS (LITIGATION)
Hartford Reaches $650 Million Settlement Over Boy Scout Claims
Apr 16, 2021 05:28 PM (EDT)

ANNUAL REPORTS
Chubb CEO Touts Improved Pricing and China Prospects, Warns of Climate, Litigation Risks
Apr 16, 2021 01:57 PM (EDT)

CLIMATE
Update: US Senators Ask Big Insurers to Explain Fossil Fuel Underwriting, Climate Change Investment Policies
Mar 29, 2021 05:40 PM (EDT)

MERGERS AND ACQUISITIONS
Chubb ‘Disappointed’ in Hartford Rejection of Acquisition Bid
Mar 29, 2021 11:47 AM (EDT)

LITIGATION
Chubb Unit, Other Carriers Sued by Hotel System for $125 Million in COVID-19 BI Damages
Mar 26, 2021 01:28 PM (EDT)

More Related Company News

To Submit News go to - https://www.ambest.com/bestweek/submitnews.html