CB · News · 20260908N

Acquisition / Partnership / Divestiture

Chubb Ltd · 2026-09-08 · 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

• HighTower Advisors LLC increased its stake in Chubb Limited by 20.3% in the second quarter, adding 41,622 shares to own 246,875 shares valued at $84.1 million. source
• Arizona State Retirement System reduced its stake in Chubb Limited by 5.3% in the second quarter, selling 5,414 shares and holding 97,018 shares valued at $33.06 million. source