Hartford Financial Services Group Inc., the insurer that sold life units to focus on property-casualty coverage, increased its share buyback by $1.6 billion and raised the dividend 17 percent as second-quarter profit beat analysts estimates.
Ace Ltd. Chief Executive Officer Evan Greenberg, who agreed this month to buy Chubb Corp., said integration talks went well with management at the target company, at least after drinks were served.
Axis agreed to a 52% increase in the size of the dividend that PartnerRe shareholders would get before their planned merger, seeking to fend off a hostile bid from Exor.
