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Support for Taipei ‘raises China’s insecurity and feeds its impulses to overreact’, says insurance veteran in shareholder letter
US group says acquisition will expand region’s share of its global portfolio to 20%
Chubb CEO’s $23bn offer for Hartford has been knocked back but dealmaker ‘likes a good argument’
US insurer says accepting offer ‘would not be in the best interests’ of company and shareholders
A deal resulting from unsolicited bid would shake up an industry battered by the pandemic
Chubb proposes public-private partnership as lobby groups dig in against congressional plan
Groups buy liability insurance at record rate as Beijing cracks down on misbehaviour
Move signals Beijing is open to US-based business taking control of domestic insurance group
Category 4 storm menaces US east coast
Move follows US regulators’ action against companies involved in NRA-branded insurance
Plus: five in-house leaders
In moves that have prompted unease, some professionals are using the law to champion causes
Aon, Marsh and others will have to show that the market is working competitively
Chief Evan Greenberg forecasts insurance industry losses of $100bn from hurricanes and earthquakes
Decision is a win for the French capital which has struggled to attract big names
Coup for French capital in race to attract financial institutions
The son of a towering industry figure is building his own empire
Recent results from rivals highlight pressures from low interest rates
Companies are exploring ways to speak out, whether on moral or business grounds
Former UK regulator joins Evan Greenberg’s expanding insurance empire
Chubb chief warns rising commissions and fees will trigger regulatory backlash
Fraudsters are using clever impersonation techniques to siphon millions from unprotected businesses
International Edition