Chubb to Buy Additional Stake in China’s Huatai Insurance for $1.53B

Insurer Chubb Ltd said on Monday it will buy an additional 22.4% stake in Chinese insurer Huatai Insurance Group Co. Ltd. for 10.8 billion yuan ($1.53 billion). Chubb, which already holds nearly 27% stake in Huatai, said it would first …

from News – Insurance Journal