How Insurance Mergers Could Affect Your Business
Market consolidation dominated the insurance industry last year, and all signs suggest that this trend toward consolidation will continue. One of the largest mergers involves ACE Limited, which announced in July 2015 that it is acquiring The Chubb Corporation for $29.7 billion. The deal closed on Jan. 14, 2016. The merged corporation will use the Chubb name going forward.
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