X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Hub International Limited has completed it’s acquisition of Personal Lines Insurance Brokerage Inc. (PLI) from Warren, N.J.-based insurance carrier The Chubb Corporation.

Terms were not released. However, when Hub announced the acquisition Aug. 1, the Chicago-based broker said valuation of the deal was within its range for acquisitions, which is five-to-seven times EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization).

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

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

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

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.