Ace to Buy Chubb for $28.3B

2,304 views · Published 2 July 2015 · 1:57 · Indexed 25 September 2026

Channel: Bloomberg Originals · 2015 · News & Politics

Watch on YouTube

July 2 -- It’s the biggest acquisition in the insurance industry since 2008. Ace has agreed to buy its rival Chubb for $28.3B. The deal is just the latest move in a recent acquisition spree for Ace. Bloomberg’s Nejra Cehic reports on “Countdown.”

-- Subscribe to Bloomberg on YouTube: http://www.youtube.com/Bloomberg

Bloomberg Television offers extensive coverage and analysis of international business news and stories of global importance. It is available in more than 310 million households worldwide and reaches the most affluent and influential viewers in terms of household income, asset value and education levels. With production hubs in London, New York and Hong Kong, the network provides 24-hour continuous coverage of the people, companies and ideas that move the markets.

More from this channel