Chubb - M&A Summary and Business Overview

InsuranceCompany

Chubb M&A Summary

Chubb has acquired 17 companies, including 3 in the last 5 years. It has also divested 3 assets.

Chubb’s largest acquisition to date was in 2015, when it acquired Chubb for $28.3B. Chubb has acquired in 7 different US states, and 9 countries. The Company’s most targeted sectors include insurance (89%) and financial services (6%).

Chubb Business Overview

Where is Chubb headquartered?

Chubb is headquartered in Zurich, Switzerland.

What is Chubb’s revenue?

Chubb disclosed revenue of 49,826M USD for 2023 and 43,055M USD for 2022.

How many employees does Chubb have?

Chubb has 40,000 employees.

What sector is Chubb in?

Chubb is an insurance company.

When was Chubb founded?

Chubb was founded in 1985.

M&A Summary

  • M&A Total Activity20
    • M&A Buy Activity17
    • M&A Sell Activity3
  • Total Sectors Invested 3
  • Total Countries Invested 9
  • M&A Buy/Sell Connections 11

Chubb

Chubb Ltd.

Baerengasse 32,
Zurich, 8001
Switzerland,
+41 43 456 76 00
www.chubb.com/us-en

Chubb is a property and casualty insurer that offers a broad range of personal and commercial insurance products. Chubb was founded in 1985 and is based in Zurich, Switzerland.


M&A Summary

Buy vs Sell

Year ≤ '20 '21 '22 '23 '24 '25 T
Buy (0.6/yr) # 14 1 - - - 2 17
vol $33.9B $5.8B $39.6B
Sell (0.0/yr) # 3 - - - - - 3
  20

Most Recent M&A

Company Date Value Type
LMG Insurance Public Company Limited 2025-03-03 - Divestiture
Bangkok, Thailand · www.lmginsurance.co.th
Liberty Insurance in Vietnam 2025-03-03 - Divestiture
Ho Chi Minh City, Vietnam · www.libertyinsurance.com.vn
Cigna - Life, Accident And Supplemental Benefits Businesses 2021-10-07 5.8B USD Divestiture
Hong Kong, China
Chubb Corp. 2015-07-01 28.3B USD Add-on Acquisition
Warren, New Jersey · www.chubb.com
Fireman's Fund Insurance Co., Inc. 2015-04-01 - Divestiture
Novato, California · www.firemansfund.com
Itaú Seguros S.A. 2014-07-07 685M USD Divestiture
São Paulo,, Brazil · www.itau.com.br/seguros
Samaggi Insurance Public Co.,Ltd. 2014-04-30 - Stake Purchase
Bangkok,, Thailand · www.samaggi.co.th
ABA Seguros, S.A. de C.V. 2013-05-02 690M USD Divestiture
San Pedro Garza Garcia, Mexico · www.abaseguros.com
ACE Fianzas Monterrey SA 2013-04-02 293M USD Divestiture
Miguel Hidalgo, Mexico
PT Asuransi Jaya Proteksi 2012-06-13 130M USD Add-on Acquisition
Jakarta,, Indonesia · www.jayaproteksi.com
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
Chubb Corp. 2015-07-01 Healthy Paws Pet Insurance LLC 2024-04-22 1
Warren, New Jersey · www.chubb.com Bellevue, Washington · www.healthypawspetinsurance.com

M&A by Sector

Sector Buy # Value Sell # Value
Insurance 15 (88%) 33.6B (85%) 3 (100%) -
Financial Services 1 (6%) 293M (1%) - -
Healthcare Services 1 (6%) 5.8B (15%) - -
Total 17 $39.6B 3 -

By Geo

State/Country Buy Value Sell Value
United States 7 31.8B 1 -
  Pennsylvania 1 - 1 -
  New York 1 - - -
  New Jersey 1 28.3B - -
  Iowa 1 1.1B - -
  Illinois 1 2.4B - -
  Connecticut 1 - - -
  California 1 - - -
Mexico 2 983M - -
Thailand 2 - - -
Belgium - - 1 -
Brazil 1 685M - -
China 1 5.8B - -
Ecuador 1 55M - -
Indonesia 1 130M - -
Malaysia 1 200M - -
United Kingdom - - 1 -
Vietnam 1 - - -
Domestic - - - -
Cross-border 17 (100%) 39.6B (100%) 3 (100%) -
Total 17 $39.6B 3 -

Deal Values

buy # Total
> $1B 4 $37.6B
$100M to $1B 5 $2.0B
< $100M 1 $55M
TOTAL $39.6B
Largest Chubb Corp.
$28.3B (2015-07-01)

M&A Connections

Deals
Acquired from
Strategic(s)
65%
11 (65%)
Divested to
Strategic(s)
100%
3 (100%)

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