Reinsurance News

Chubb Group hires Bryce Johns as SVP and President of Chubb Life

5th January 2022 - Author: Katie Baker

Global re/insurer Chubb has appointed Bryce Johns as Senior Vice President, Chubb Group and President of Chubb Life.

He will join the company from HSBC, where he served most recently as Global CEO of HSBC Life and Insurance Partnerships.

In his new role, which becomes effective in April, Johns will have executive responsibility for Chubb’s international life insurance business, which is primarily Asia-focused with operations in key markets in North and Southeast Asia, including China through Huatai Life, as well as in Latin America and the Middle East.

He brings over 25 years of experience in insurance, wealth management and capital management.

As Global CEO of HSBC Life and Insurance Partnerships, he was responsible for HSBC Life’s 10 businesses across Asia, Europe and Latin America, and the group’s strategic insurance distribution partnerships globally.

As a Group General Manager, Johns was also a member of the Global Executive Committee and Risk Committee of HSBC’s Wealth and Personal Banking Business.

Before joining HSBC in 2016, he worked for Citigroup, where he led bancassurance for the company globally as well as holding a leadership role for regional branch distribution in Asia.

Chubb CEO, Evan Greenberg commented: “We are delighted to welcome Bryce to Chubb at this pivotal time for our growing life insurance business. He’s a seasoned insurance executive who brings us significant experience managing and building life businesses globally, particularly in Asia and Latin America.

“Bryce’s portfolio as a successful leader includes forging strategic insurance distribution partnerships, wealth management, bancassurance, launching digitally integrated health and wellness platforms, and M&A negotiations and integration.

“His leadership skills, expertise and entrepreneurial nature are an excellent match for Chubb Life as this important business continues to evolve and grow.”

“With Chubb Life positioned for the future, I want to thank Russell for his contributions in leading and building the business over the past decade. We wish him the best.”

In October, Chubb announced a definitive agreement to acquire the life and non-life insurance companies of Cigna in Asia Pacific, a transaction which would advance Chubb’s strategy to expand its presence in the region.

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