Insurance Giant Chubb Offers to Buy Rival Hartford

2023 insurance M&As lowest in a decade

Chubb Ltd., one of the nation’s biggest, oldest and best-known property-casualty insurers, has made a preliminary proposal to acquire Hartford Financial Services Group Inc., another storied name in the industry. The Connecticut-based Hartford said in a release Thursday afternoon that it “has received an unsolicited, non-binding proposal from Chubb” to acquire the 211-year-old company. Hartford… Continue reading Insurance Giant Chubb Offers to Buy Rival Hartford