US property and casualty insurer in US$28b bid for Chubb
Fri, Jul 03, 2015 - 5:50 AM
EVAN Greenberg just took dealmaking to the next level. The chief executive of property-and-casualty insurer Ace Ltd on Wednesday announced a US$28 billion deal for rival Chubb Corp. It's the biggest acquisition in the industry since the 2008 US government bailout of American...