US EditionInsurer Cigna to sell some businesses to Chubb for nearly $5.8 billion
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5 Articles
Insurer Chubb to acquire Cigna's business in Thailand, 5 other Asia-Pacific countries
SINGAPORE: US insurer Chubb Ltd has agreed to buy health insurer Cigna Corp's life, accident, and supplemental benefits businesses in Asia Pacific, including Thailand, and Turkey for US$5.75 billion in cash, both insurers said, marking the latest consolidation in Asia's insurance sector.
Insurer Cigna to sell some businesses to Chubb for nearly $5.8 billion
October 8, 2021(Reuters) – Health insurer Cigna Corp said on Thursday it entered into an agreement with insurance firm Chubb Ltd to sell its life, accident, and supplemental benefits businesses in seven countries for $5.75 billion in cash.As part of the deal, Chubb will acquire the businesses in Hong Kong, Indonesia, South Korea, New Zealand, Taiwan and Thailand, in addition to Cigna’s interest in a joint venture in Turkey, the company said …
Insurer Cigna to sell some businesses to Chubb for nearly $5.8 billion
- Health insurer Cigna Corp said on Thursday it entered into an agreement with insurance firm Chubb Ltd to sell its life, accident, and supplemental benefits businesses in seven countries for $5.75 billion in cash. As part of the deal, Chubb will acquire the businesses in Hong Kong, Indonesia, South Korea, New Zealand, Taiwan and Thailand, in addition to Cigna's interest in a joint
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