201910 Dec

Chubb Makes Equity Investment in African Trade Insurance Agency

Summary

"Insurers play a crucial role in helping to drive growth and infrastructure improvements in the developing world," said Evan G. Greenberg, Chairman and Chief Executive Officer of Chubb. " Headquartered in Nairobi, ATI is Africas leading multilateral political risk and credit insurer (rated A/Stable S&P and A3/Stable Moodys). The company is also defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb maintains executive offices in Zurich, New York, London, Paris and other locations, and employs more than 30,000 people worldwide.

Source: Prnewswire

Funding

$10M
Amount
Dec 10 2019
Date
-
Investor
African Trade Insurance Agency
Company

Classifications

Companies