Chubb To Raise $1.2B In New Capital

NU Online News Service, June 17, 4:23 p.m. EDT? The Chubb Corporation has begun a new capital-raising effort this week to raise $1.2 billion. The Warren, N.J.-based property-casualty insurer said it will have two separate offerings consisting of 13.5 million shares of stock and 16 million equity units with an amount of $25 per unit.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.


  • All news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including and

Already have an account?



Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join now!

  • Unlimited access to - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including, and
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2023 ALM Global, LLC. All Rights Reserved.