Chubb Life Appoints Jack Chang to Lead Newly Acquired Life Insurance Operations of Cigna in Taiwan streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Chubb Life announced that Jack Chang has been appointed President of the company's life insurance operations in Taiwan that were recently acquired from Cigna.
/PRNewswire/ Chubb Life today announced that Jack Chang has been appointed President of the company s life insurance operations in Taiwan that were recently.
The Financial Supervisory Commission (FSC) yesterday said that it would review US-based health service provider Cigna Corp’s sale of its life insurance business to US insurer Chubb Ltd to safeguard Cigna’s local employees and clients.
Cigna Corp’s local unit, Cigna Taiwan Life Assurance Co Ltd (國際康健人壽), had 340,000 policyholders and 902 employees as of the end of June, and its total assets were NT$40.7 billion (US$1.45 billion) as of the end of August, the commission said yesterday.
Cigna Taiwan had operated a stable business since it was launched in 1989 and it distributed cash dividends regularly, it said.
Chubb on Thursday announced that