, Hong Kong

Chubb’s Hong Kong life business crucial for international expansion: analyst

It accounted for 15% of pre-tax income for the group.

Chubb Life, Chubb’s Hong Kong life insurance business is crucial for the group’s international expansion, according to credit ratings expert S&P Global.

This is because Chubb Life is a stable profit contributor to the group’s life insurance operations and has a close relationship with the group to receive capital, actuarial, investment, and risk management support. 

In 2020 and 2021, Chubb Life accounted for about 15% of pretax operating income for the group's life insurance business.

“The group's acquisition of some of Cigna Corp.'s business lines reinforces our view of Chubb Group's long-term commitment to its life insurance business, especially in Asia-Pacific markets,” S&P Global said.

READ MORE: Chubb and JA Assure launches cyber insurance platform for SMEs

Follow the link for more news on

Join Hong Kong Business community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!