Chubb to Appoint Bryce Johns to Lead Firm’s Worldwide Life Insurance coverage Enterprise

ZURICH, Jan. 4, 2022 /PRNewswire/ — Chubb Restricted (NYSE: CB) at this time introduced that Bryce Johns can be appointed Senior Vice President, Chubb Group and President of Chubb Life. He’ll be a part of the corporate from HSBC, the place he served most lately as World CEO of HSBC Life and Insurance coverage Partnerships. In his new position, which turns into efficient in April, Mr. Johns can have govt duty for Chubb’s worldwide life insurance coverage enterprise, which is primarily Asia-focused with operations in key markets in North and Southeast Asia, together with China via Huatai Life, in addition to in Latin America and the Center East.

Bryce Johns

Mr. Johns succeeds Russell Bundschuh, who’s leaving the corporate in January to pursue different pursuits. Mr. Johns will report back to Evan G. Greenberg, Chairman and CEO, and John Keogh, President and Chief Working Officer.

Chubb Life sells a broad vary of safety and savings-oriented life insurance coverage merchandise and private accident and supplemental well being protection. Chubb Life distributes its choices via a wide range of distribution channels together with company, bancassurance, worksite advertising, brokers and telemarketing via affinity teams.

“We’re delighted to welcome Bryce to Chubb at this pivotal time for our rising life insurance coverage enterprise,” stated Mr. Greenberg. “He is a seasoned insurance coverage govt who brings us vital expertise managing and constructing life companies globally, notably in Asia and Latin America. Bryce’s portfolio as a profitable chief consists of forging strategic insurance coverage distribution partnerships, wealth administration, bancassurance, launching digitally built-in well being and wellness platforms, and M&A negotiations and integration. His management abilities, experience and entrepreneurial nature are a wonderful match for Chubb Life as this essential enterprise continues to evolve and develop.”

“With Chubb Life positioned for the longer term, I need to thank Russell for his contributions in main and constructing the enterprise over the previous decade,” stated Mr. Greenberg. “We want him the very best.”

In October, Chubb introduced a definitive settlement to accumulate the life and non-life insurance coverage firms of Cigna in Asia Pacific, a extremely complementary transaction that advances Chubb’s technique to develop its presence within the area. The transaction, which is topic to closing situations, is predicted to shut in 2022. Chubb additionally has vital and pending elevated possession in Huatai Insurance coverage Group, the holding firm of Huatai Life.

Mr. Johns has greater than 25 years of expertise in insurance coverage, wealth administration and capital administration. As World CEO of HSBC Life and Insurance coverage Partnerships, he was liable for HSBC Life’s 10 companies throughout Asia, Europe and Latin America, and the group’s strategic insurance coverage distribution partnerships globally. As a Group Common Supervisor, Mr. Johns was additionally a member of the World Govt Committee and Threat Committee of HSBC’s Wealth and Private Banking Enterprise. Earlier than becoming a member of HSBC in 2016, he labored for Citigroup, the place he led bancassurance for the corporate globally in addition to holding a management position for regional department distribution in Asia. Earlier in his profession, Mr. Johns held management roles at Manulife Asia in Hong Kong and at Outdated Mutual Group in South Africa, India and the U.Ok.

Mr. Johns is a Fellow of the Institute of Actuaries within the U.Ok. He holds a Bachelor of Enterprise Science (Actuarial) diploma from the College of Cape City.

About Chubb
Chubb is the world’s largest publicly traded property and casualty insurance coverage firm. With operations in 54 nations and territories, Chubb gives industrial and private property and casualty insurance coverage, private accident and supplemental medical health insurance, reinsurance and life insurance coverage to a various group of purchasers. As an underwriting firm, we assess, assume and handle threat with perception and self-discipline. We service and pay our claims pretty and promptly. The corporate can also be outlined by its in depth product and repair choices, broad distribution capabilities, distinctive monetary power and native operations globally. Mother or father firm Chubb Restricted is listed on the New York Inventory Trade (NYSE: CB) and is a element of the S&P 500 index. Chubb maintains govt places of work in Zurich, New York, London, Paris and different areas, and employs roughly 31,000 folks worldwide. Further data might be discovered at: www.chubb.com.

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SOURCE Chubb Restricted

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