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  Fortune 500 - Spot Number 122

Company Information

Name: CIGNA Corporation

Industry: Insurance (Accident & Health)

Description: CIGNA Corporation, headquartered in Philadelphia, and its subsidiaries constitute one of the largest publicly-owned employee benefits organizations in the United States. Its subsidiaries are major providers of employee benefits offered through the workplace, including health care products and services; group life, accident and disability insurance; retirement products and services; and investment management

Financial Summary: CIGNA Corporation provides insurance and related financial services including life/health, managed care, annuity, retirement and investment products. For the 6 months ended 6/30/05, revenues decreased 10% to $8.45B. Net income from cont. ops. increased 14% to $807M. Revenues reflect a decline in health care medical claims payable. Net income reflects improved operating margins and lower benefit expenses.

Business Summary: CIGNA Corporation is an investor-owned employee benefits organization in the United States. Through its subsidiaries, the Company is a provider of employee benefits offered through the workplace, including healthcare products and services, and group disability, life and accident insurance. CIGNA's major insurance subsidiary is Connecticut General Life Insurance Company (CG Life). CIGNA operates in six business segments: Healthcare segment, Disability and Life segment; International segment; Run-off Reinsurance segment; Run-off Retirement segment, and Other Operations. On April 1, 2004, CIGNA completed the sale of its retirement benefits business to Prudential Financial, Inc.


Misc Details

Symbol: CI

City: Philadelphia

State: PA

ZIP Code: 19192

Address: One Liberty Place
1650 Market St.

Phone: 215-761-1000

Fax: 215-761-5515

Website: http://www.cigna.com


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