|Bid||177.66 x 800|
|Ask||177.12 x 900|
|Day's Range||176.88 - 180.71|
|52 Week Range||116.82 - 187.90|
|Beta (5Y Monthly)||0.75|
|PE Ratio (TTM)||9.85|
|Forward Dividend & Yield||3.20 (1.76%)|
|Ex-Dividend Date||Sep. 16, 2021|
|1y Target Est||N/A|
OLDWICK, N.J., October 08, 2021--AM Best has commented that the Credit Ratings (ratings) of Chubb Limited (Chubb) [NYSE: CB] and its insurance subsidiaries remain unchanged following the company’s announcement of a definitive agreement to acquire the life and non-life insurance companies that house the personal accident, supplemental health and life insurance business of Cigna Corporation (NYSE: CI) in seven Asia-Pacific markets for $5.75 billion dollars in cash. (For a listing of Chubb’s rating
Cigna Corporation (NYSE:CI), a global health service company, today announced a definitive agreement with Chubb (NYSE: CB) to sell its life, accident and supplemental benefits businesses in seven countries for $5.75 billion dollars. The transaction is expected to be completed in 2022, subject to applicable regulatory approvals and customary closing conditions.
Chubb has named Kevin Rampe Head of Chubb North America Claims, succeeding Bill Hazelton, who has been appointed to a newly created role centered on a number of strategic initiatives in Chubb's North America businesses.