The Hartford (HIG) Reports Q1 EPS of $0.56; Rejects Additional Proposal from Chubb (CB), Raises Buyback

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Go back to The Hartford (HIG) Reports Q1 EPS of $0.56; Rejects Additional Proposal from Chubb (CB), Raises Buyback

Chubb Corp. (CB) Comments on Hartford (HIG) Proposals

April 22, 2021 9:26 AM EDT

Chubb Limited (NYSE: CB) issued the following statement today:

We have believed that a consolidation of our two organizations, on terms that recognized The Hartford's fair value, would be financially and strategically compelling for both sets of shareholders.

Nonetheless, The... More