US insurer Chubb eyes up a seven-storey cut of the Scalpel skyscraperComments Off on US insurer Chubb eyes up a seven-storey cut of the Scalpel skyscraper
The City of London’s latest skyscraper – the Scalpel – could snare its third major tenant in another boost for the capital’s post-Brexit property scene, the Standard understands.
Industry sources say US insurance giant Chubb is likely to snap up seven floors in the 38-storey tower, joining other prospective tenants including insurer Axis Capital and broker Berry Palmer & Lyle.
Although New Jersey’s Chubb is also still weighing up the option taking space at Helical Bar’s Creechurch Place, this is much further away from the Lloyd’s building – centre of the Lloyd’s of London market – and the Scalpel is understood to be their preferred location.
The move is part of the fallout from Chubb’s $29.7 billion merger with rival ACE.
Insurer WR Berkeley – developing the building itself and taking eight floors – declined to comment.
Other major deals on the cards include lawyers Freshfields moving their London base to 100 Bishopsgate.