Chubb to acquire cigna's $3 billion premium revenue personal accident, supplemental health and life insurance business in seven asia-pacific markets for $5.75 billion

Zurich, oct. 7, 2021 /prnewswire/ -- chubb limited (nyse: cb) today announced a definitive agreement to acquire the life and non-life insurance companies that house the personal accident, supplemental health and life insurance business of cigna (nyse: ci) in seven asia-pacific markets for $5.75 billion dollars in cash. the operations to be acquired include cigna's a&h and life business in korea, taiwan, new zealand, thailand, hong kong and indonesia and its interest in a joint venture in turkey.
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