Chubb to integrate Cigna’s Taiwan business

It also announced the new leader of the integrated business.

Chubb Life and Cigna Taiwan will be integrating both their life operations in the country, subject to regulatory approval after the former acquired the latter’s Asia Pacific operations.

Jack Chang will lead Cigna Taiwan and will be tasked with the integration of the two companies.

During the integration period, Rose Huang, the current Chief Financial Officer of Chubb Life Taiwan, will serve as President of Chubb Life Taiwan. Upon completion of the integration, the combined business will operate under the Chubb Life brand in Taiwan.

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Chang has more than 25 years of experience in the insurance industry in Taiwan. He joined the company in 2021 as President of Chubb Life Taiwan. Prior to joining Chubb, he was Chief Partnership Officer at AIA Taiwan. He has also served as General Manager at TCB Life, where he was responsible for the general management and strategic direction of the joint venture between TCB Holding and BNP Paribas Cardif.

On 1 July, Chubb completed its acquisition of the life and non-life insurance companies that house the personal accident, supplemental health and life insurance business of Cigna in six Asia-Pacific markets, including Taiwan, for $5.75b.