Re/Insurance groups

Allianz to acquire Janashakthi General Insurance Limited in Sri Lanka

Allianz, the global financial services leader, announced that it has entered into an agreement with Janashakthi Insurance PLC ("JINS") to acquire 100 percent of its subsidiary Janashakthi General Insurance Limited ("JGIL") for 16.4 billion Sri Lankan rupees (85.9 million euros).

Chubb Reports Fourth Quarter Net Income of USD 1,533 million

Chubb Limited (NYSE: CB) today reported net income for the quarter ended December 31, 2017 of USD 1,533 million, or USD 3.27 per share, compared with net income of USD 1,610 million, or USD 3.41 per share, for the same quarter last year.