Chubb’s acquisition of Cigna’s life and non-life insurance companies that house the personal accident, supplemental health and life insurance business to advance Chubb’s strategy and expand its presence in the Asia-Pacific region, a key growth market, particularly in consumer accident and health, and life insurance lines.
The addition of these businesses will add to Chubb’s already strong presence in both general and life insurance in the region and enhance its product and service capabilities to better meet the growing needs of customers and distribution partners in this part of the world.