CB · News · 20260907N

Acquisition / Partnership / Divestiture

Chubb Ltd · 2026-09-07 · 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

• The California State Teachers Retirement System purchased an additional 184,047,499 shares of Chubb Limited in the second quarter and now owns approximately 47.85% of the company. source
• Groupe la Francaise increased its stake in Chubb Limited by 34.1% in the second quarter, acquiring an additional 20,302 shares to hold 79,780 shares valued at $27.19 million. source