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  • *Zurich spokesman says RSA would complement business. *RSA says has received no proposal from Zurich. *Zurich shares down 1.8 pct, RSA up 18 pct.

  • Following recent speculation, Switzerland- based Zurich, a 45 billion Swiss franc firm offering a range of life and general insurance products, said it was looking at a bid. "Zurich notes the recent market speculation in relation to RSA Insurance Group PLC and confirms that the company is evaluating a potential offer," it said on Tuesday. Barclays analysts said...

  • Chubb beats 2Q profit forecasts Thursday, 23 Jul 2015 | 4:33 PM ET

    WARREN, N.J. _ Chubb Corp. on Thursday reported second-quarter earnings of $494 million. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $1.87 per share. Chubb shares have risen 19 percent since the beginning of the year, while the Standard& Poor's 500 index has risen 2 percent.

  • July 21- Property and casualty insurer Travelers Cos Inc reported a stronger-than-expected quarterly operating profit as catastrophe losses halved and underwriting gains doubled. In the industry's biggest deal, Swiss insurer ACE Ltd said this month it would buy Travelers' arch rival Chubb Corp for $28.3 billion. "We already compete against these two...

  • July 21- Property and casualty insurer Travelers Cos Inc reported a stronger-than-expected quarterly net profit as catastrophe losses almost halved and the company recorded a gain from the resolution of tax issues. The company, which vies with American International Group Inc for the title of biggest U.S. commercial property and casualty insurer, said it...

  • July 16- Specialty insurer and reinsurer Axis Capital Holdings Ltd and PartnerRe Ltd agreed to sweeten the terms of their merger agreement to fend off a rival bid from Italy's Exor SpA. The companies agreed on Thursday to raise the special dividend component to $17.50 per share from $11.50, and match Exor's exchange offer for PartnerRe's preferred...

  • July 16- Reinsurer Axis Capital Holdings Ltd sweetened its offer for rival PartnerRe Ltd as it looks to fend off a competing bid from Italy's Exor SpA. The companies said on Thursday that Axis would raise the special dividend component of the offer to $17.50 per share from $11.50 and match Exor's exchange offer for PartnerRe's preferred shareholders.

  • July 3- Health insurer Aetna Inc said it would buy smaller rival Humana Inc for about $37 billion in cash and stock, in the largest ever deal in the insurance industry. The combination will push Aetna close to Anthem Inc's No.2 insurer spot by membership, and would nearly triple Aetna's Medicare Advantage business. Antitrust authorities, who were aggressive in...

  • Cramer: Colossus that will make investors fortunes Wednesday, 1 Jul 2015 | 6:40 PM ET

    Jim Cramer sees a lot of good news out there, but it's taking a backseat to trouble overseas.

  • July 1- U.S. stocks closed higher on Wednesday but were down from earlier highs as energy stocks declined and Greece's debt crisis showed no clear signs of resolution. Euro zone central bank chiefs kept in place their cap on a funding lifeline to Greece, maintaining pressure as Greece's lenders run out of cash. Finance Minister Yanis Varoufakis said Athens aims...

  • July 1- U.S. stocks closed higher on Wednesday but were down from earlier highs as energy stocks declined and Greece's debt crisis showed no clear signs of resolution. Euro zone central bank chiefs kept in place their cap on a funding lifeline to Greece, maintaining pressure as Greece's lenders run out of cash. Finance Minister Yanis Varoufakis said Athens aims...

  • *Euro zone finance ministers put off Greece talks. *Chubb jumps after ACE's buyout offer. On Tuesday, Greece became the first advanced nation to default on an International Monetary Fund loan repayment.

  • Airlines, insurance as areas to watch: Traders Wednesday, 1 Jul 2015 | 2:13 PM ET

    The "Halftime Report" traders give their trades for the rest of the week

  • US STOCKS-Wall St trims gains as Greece deal hopes fade Wednesday, 1 Jul 2015 | 1:56 PM ET

    *Chubb jumps after ACE's buyout offer. Stronger-than-expected jobs and construction data supported the market, as did a $28 billion offer from Swiss insurance giant ACE to buy upmarket property insurer Chubb. "There were hopes of a deal earlier in the morning and the hopes are literally taken off the table," said Adam Sarhan, chief executive of Sarhan Capital in...

  • US STOCKS-Wall St higher on Greece hopes, strong US data Wednesday, 1 Jul 2015 | 11:38 AM ET

    July 1- U.S. stocks rose on Wednesday after Greece's prime minister signaled he was prepared to accept most of creditors' bailout terms and a raft of U.S. data pointed to a stronger economy. Adding to the positive tone, financial stocks rallied after Swiss insurance giant ACE snagged a deal to buy upmarket property insurer Chubb for $28.3 billion.

  • Chubb shares soar 35% on $28.3B deal with ACE Wednesday, 1 Jul 2015 | 10:54 AM ET
    Handshake M&A mergers

    ACE will acquire Chubb in a cash and stock deal valued at $28.3 billion.

  • US STOCKS-Wall St rises sharply on renewed Greece hopes Wednesday, 1 Jul 2015 | 9:54 AM ET

    July 1- U.S. stocks rose sharply in early trading on Wednesday after Greek Prime Minister Alexis Tsipras signaled he was prepared to accept creditors' bailout offer with some conditions. Tsipras has sent a letter to the creditors outlining conditions for Athens' acceptance of a loan offer, a day after Greece defaulted on a 1.6 billion euro repayment to the...

  • *EU finance ministers to meet at 11:30 ET to discuss Greece. Greece on Tuesday on a 1.6 billion euro repayment to the International Monetary Fund. "Investors are taking a collective sigh of relief that an armageddon type of scenario did not occur with respect to Greece," said Adam Sarhan, chief executive of Sarhan Capital in New York.

  • ACE buys Chubb in $28.3 billion deal Wednesday, 1 Jul 2015 | 8:09 AM ET
    ACE buys Chubb in $28.3 billion deal

    Mark Dwelle, RBC Capital Markets analyst, weighs in on ACE's cash and stock acquisition of rival insurance giant Chubb.

  • Big merger for insurers Wednesday, 1 Jul 2015 | 8:00 AM ET
    Big merger for insurers

    Ace Ltd. is buying Chubb Corp. for a total value of $124 a share.