CB · News · 20260904N
Acquisition / Partnership / Divestiture
Chubb Ltd · 2026-09-04 · Importance 34 · Surprise 42
Chariot Reinsurance secured $700 million in a funding round led by new investor Chubb Limited, with participation from General Atlantic, MetLife, and other institutional investors. The financing included convertible preferred stock and debt and increased Chariot Re’s total funding to more than $2 billion. The capital is intended to expand Chariot Re’s reinsurance platform and capacity, following three completed reinsurance transactions since its July 2025 launch.
Key facts
- NWF Advisory Services Inc. increased its stake in Chubb Limited by 59.6% in the second quarter to 20,584 shares valued at $7,014,000. source
- ZEGA Investments LLC initiated a new position in Chubb Limited by purchasing 3,125 shares valued at approximately $1.065 million in the second quarter. source
- TD Waterhouse Canada Inc. increased its holdings in Chubb Limited by 4% in the second quarter to 142,782 shares valued at approximately $50.2 million. source