Transaction has received all necessary regulatory clearances
ACE said it has received all regulatory approvals needed to complete its acquisition of Chubb.
The $29.7bn (£20.6bn) deal, which will create the world’s largest publicly traded property and casualty insurer, is expected to close later today, ACE said.
ACE will adopt the Chubb name upon closing and the company’s stock will begin trading on the New York Stock Exchange under the symbol CB on the first trading day following the closing.
“We are pleased to have all of our regulatory approvals and we look ahead to the closing of this transaction with great anticipation,” said ACE chairman Evan Greenberg.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
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