Insurer Chubb Ltd said on Monday it will buy up to an additional 22.4% stake in Chinese insurer Huatai Insurance Group Co Ltd for 10.8 billion yuan ($1.53 billion), as it looks to bank on a rapidly growing sector in the country. Chubb, which already holds nearly 27% stake in Huatai, said it would first… Continue reading Chubb to Buy Added Stake in China’s Huatai Insurance for $1.53B
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