The Hartford
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Hiscox, a lead market for D&O in London, takes its peer’s head of London market financial lines.
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Tegron Capital will launch in July and focus on excess-of-loss cover for publicly traded companies.
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The Chubb CEO seeks to quash speculation the carrier may return with a sweetened takeover proposal.
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Plus in-depth analyses of the accident and health and airlines markets.
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Chubb reiterates its disappointment about The Hartford’s refusal to engage.
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Chubb offered to pay up to $70 per share for the business after its $65 offer was publicly rejected.
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The Week in 90 Seconds: Biometric data and cyber; Greensill collapse; Guy Carpenter’s Priebe on pandemic risk; Texas storm; Marsh McLennan’s Glaser
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Chubb made an unsolicited bid for the carrier last week at a 25% premium on its weighted average share price.
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Plus the latest executives on the move and all the top news from the week.
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The proposed consideration represents a mix of stock with the majority in cash.
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The carrier says its board of directors is "carefully considering" the proposal.
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The Hartford share price jumps 12% on report of deal talks with Chubb.
