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Blue Chip Growth

Stock Report: Cigna Corporation (CI) Report Updated: Aug 25, 2014 | Print This Page

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Cigna Corporation (CI)

Rating: Buy Volatility: Conservative
Total Grade: B Industry: Health Care Providers & Services
Competitors: MCK, CAH, HCA, RDNT
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Company Profile

CIGNA Corporation, a health services organization, through its subsidiaries, provides insurance and related products and services in the United States and internationally. Its Health Care segment offers insured and self-insured medical, dental, behavioral health, vision, and prescription drug benefit plans; health advocacy programs; and other products and services that may be integrated to provide health care benefit programs, as well as operates retail pharmacies. The company’s Disability and Life segment offers various insurance products and related services, including group long-term and short-term disability insurance; group life insurance products comprising group term life and group universal life; and personal accident insurance consisting of accidental death and dismemberment, and travel accident insurance to employers. This segment also provides specialty insurance services that primarily include disability and life, accident, and hospital indemnity products to professional or trade associations, and financial institutions. Its International segment offers supplemental health, life, and accident insurance products, as well as international health care products and services. The company’s Run-off Reinsurance segment manages its run-off reinsurance coverage for risks written by other insurance companies under life and annuity policies and accident policies under guaranteed minimum death benefits and guaranteed minimum income benefits contracts. Its Other Operations segment provides corporate owned life insurance, which are permanent insurance contracts sold to corporations to offer coverage on the lives of certain employees, as well engages in run-off settlement annuity business. CIGNA Corporation distributes its products and services through independent brokers and agents, consultants, and direct sales personnel, as well as through the Internet. The company was founded in 1792 and is headquartered in Bloomfield, Connecticut.

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