Chubb's $28.3bn price-tag leaves market insiders 'gobsmacked'
The $28.3bn (£18.1bn) fee Ace will pay to acquire Chubb has come as a major surprise to market commentators, who have questioned the rationale behind the purchase and its future market implications.
Ace confirmed the deal earlier today (1 July) 24 hours after the £11.4bn merger between Willis and Towers Watson was announced.
One source told Post that they had just been speaking to an insurer who
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