28-04-2017 19:50 via insuranceinsider.com

Chubb's Greenberg hints at higher merger cost savings

Chubb CEO Evan Greenberg said his company may lift its $800mn
forecast for merger-related savings in the second quarter.
On an analysts' call on Wednesday (26 April) after the
company published its first-quarter results, Greenberg said Chubb
was ahead of schedule on both an annualised and realised basis in
achieving the $800mn of annualised merger savings it is targeting
by the end of 2018.
Ace closed its $29.5bn acquisition of Chubb in January 2016. The
following October, Chubb lifted its...
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