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-5.67472477584321E-05 -5.67472477584321E-05 -0.000433927287859761 -0.000775545719365884 -0.0023833844058563 -0.00202398517005247 -0.00431279082964471 -0.00346990504293867
Stock impact report

Chubb Limited (CB) to Boost Australia Presence With Buyout [Yahoo! Finance]

Chubb Limited (CB) 
Last chubb limited earnings: 4/21 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Pending regulatory and other closing conditions, the transaction is likely to be completed by the end of June 2024. The transaction is a testimony to CB's effort to expand its presence in Australia. Catalyst Aviation, founded in 2016, is the insurance intermediary that has established itself as a sustainable part of the aviation insurance market in Australia, New Zealand and the Asia Pacific. Catalyst Aviation is a service-driven business. The vast majority of its insurance policies are backed by the security of Lloyd's, one of the most trusted names in aviation insurance globally. Catalyst Aviation seems to be a prudent pick by Chubb Limited due to its longstanding reputation in the general aviation market in Australia. Its underwriting approach and emphasis on sustainable results co-ordinate with CB's business. The financial terms of the deal were kept in wraps. The addition of Catalyst Aviation would expand Chubb Limited's capabilities, expertise and presence in an important Show less Read more
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