Chubb to Acquire Cigna’s Insurance Business in Asia, Turkey for $5.75 Billion

Former AIG execs form Dellwood Insurance Group

U.S. insurer Chubb Ltd has agreed to buy health insurer Cigna Corp’s life, accident, and supplemental benefits businesses in Asia Pacific and Turkey for $5.75 billion in cash, both insurers said, marking the latest consolidation in Asia’s insurance sector. In a statement issued late on Thursday, Chubb said it will acquire Cigna’s A&H (accident and… Continue reading Chubb to Acquire Cigna’s Insurance Business in Asia, Turkey for $5.75 Billion