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Chubb to start $1.2bn share buyback

27 January 2012

The US insurer’s board has approved of a new share repurchase programme for up to $1.2bn of common stock.

Read more: Chubb share buyback

Chubb’s board of directors have given the green light to a new share repurchase programme of up to $1.2bn of the company’s...


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Poll

Catastrophe bond issuance was $4.3bn in 2011. How much new issuance will there be in 2012?

Less than $3bn
0%
$3bn-$4bn
36%
$4bn-$5bn
27%
$5bn-$6bn
9%
$6bn-$7bn
18%
More than $7bn
9%

Quote

If last year was the year of the cat, then this year could be the year of the debt crisis.

Mike Van Slooten, head of international market analysis at Aon Benfield