ACE-Chubb deal is bad news for reinsurers


The deal between ACE and Chubb revealed yesterday (Wednesday, June 1) will be bad news for reinsurers, especially if the combined entity uses the recently formed ABR Re fund, a joint venture between ACE and fund manager Blackrock designed to manage ACE’s reinsurance needs.

ACE, Chubb, ABR Re, Mergers & Acquisitions, Europe, North America, Bermuda

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