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US insurance giant Chubb set to enter Lloyd's with new syndicate

Lloyd's of London building

Almost a decade after its failed bid for Lloyd’s insurer Hiscox US insurance giant Chubb has become the latest corporate player to bid for Lloyd’s entry.

According to sources close to Lloyd's, Chubb has received conditional approval for entry to the market, with full authorisation expected to follow after an Financial Services Authority inspection.

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