M&A Deal Summary

Chubb Acquires Chubb

On July 1, 2015, Chubb acquired insurance company Chubb for 28.3B USD

Acquisition Highlights
  • This is Chubb’s 13th transaction in the Insurance sector.
  • This is Chubb’s largest (disclosed) transaction.
  • This is Chubb’s 7th transaction in the United States.
  • This is Chubb’s 1st transaction in New Jersey.

M&A Deal Summary
Date 2015-07-01
Target Chubb
Sector Insurance
Buyer(s) Chubb
Deal Type Add-on Acquisition
Deal Value 28.3B USD

Target

Chubb

Warren, New Jersey, United States
Chubb Group of Insurance Companies have provided property and casualty insurance products to customers around the globe. These products are offered through a worldwide network of independent agents and brokers. The Chubb Group of Insurance Companies is known for financial strength, underwriting and loss-control expertise, tailoring products for the needs of high-net-worth individuals and commercial customers in niche markets and select industry segments, and outstanding claim service.

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Buyer(S) 1

Buyer

Chubb

Zurich, Switzerland
Category Company
Founded 1985
Sector Insurance
Employees40,000
Revenue 49.8B USD (2023)
DESCRIPTION
Chubb's corporate headquarters in Zurich, Switzerland.
Chubb's corporate headquarters in Zurich, Switzerland.

Chubb is a property and casualty insurer that offers a broad range of personal and commercial insurance products. Chubb was founded in 1985 and is based in Zurich, Switzerland.

DEAL STATS #
Overall 14 of 15
Sector (Insurance) 13 of 13
Type (Add-on Acquisition) 6 of 6
State (New Jersey) 1 of 1
Country (United States) 7 of 7
Year (2015) 2 of 2
Size (of disclosed) 1 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-04-01 Fireman s Fund Insurance

Novato, California, United States

Fireman's Fund Insurance Company is a property and casualty insurance company, offers various personal and commercial insurance products.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-07 Cigna - Life Accident And Supplemental Benefits Businesses

Hong Kong, China

Cigna's Life, Accident, And Supplemental Benefits Businesses operate in seven countries across Hong Kong, Indonesia, Korea, New Zealand, Taiwan, and Thailand are transferred to Chubb. Cigna's Life, Accident, And Supplemental Benefits Businesses is based in Hong Kong, China.

Buy $5.8B
Mergr

Product

Company

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