Chubb Insurance Buys Hartford Insurance. Chubb offered to buy rival property and casualty insurer hartford financial services group for $23.24 billion in cash and stock. Chubb ltd's $23.4 billion bid for hartford financial services group inc would catapult it well up the rankings of u.s.
Chubb’s offer to acquire rival hartford: With the acquisition, chubb would be entering personal lines markets. Chubb ltd., the global insurer led by evan greenberg, proposed an acquisition of hartford financial services group inc.