Chubb Limited

NYSE:CB   3:59:59 PM EDT
+1.91 (+1.03%)
4:00:00 PM EDT: $188.10 -0.03 (-0.02%)
Other Pre-Announcement, Mergers / Acquisitions

Chubb To Acquire Cigna's $3 Bln Premium Health And Life Insurance Business In Seven Asia-Pacific Markets For $5.75 Billion

Published: 10/08/2021 01:27 GMT
Chubb Limited (CB) - Chubb to Acquire Cigna's $3 Billion Premium Revenue Personal Accident, Supplemental Health and Life Insurance Business in Seven Asia-pacific Markets for $5.75 Billion.
Immediately Accretive to Core Operating Income per Share and ROE for Full-year 2023 by 6% and Approximately 55 Bps, Respectively.
Co Will Maintain Its Strong Balance Sheet and Does Not Expect Transaction to Impact Its Current Aa Investment Grade Rating.