Dual agrees to sell Asian cyber, financial lines portfolio to Chubb – Business Insurance

Dual Group, the underwriting arm of the British broker Howden Group Holdings Ltd., has agreed to sell its Asian financial lines and cyber portfolio to Chubb Asia Pacific, as of June 18, Asia Insurance Review reported. As part of the deal, Chubb will acquire the business assets, including intellectual property rights in the form of wording and insurance models from Dual in both Hong Kong and Singapore.

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