Chubb Limited (CB) to Boost Australia Presence With Buyout
Chubb(CB) ZACKS·2024-06-05 14:51
Chubb Limited (CB) recently inked a definitive agreement to acquire a Melbourne-based managing general agent, Catalyst Aviation Insurance. 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 ...