CIGNA Corporation
Industry: Accident & Health Insurance
Fortune Rank: 129
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.
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.
CIGNA Corporation
CIGNA Corporation is a Fortune 500 company. In 2010 CIGNA Corporation was ranked number 129 on the Fortune 500 list, making it the 129th largest company in the United States when judged by revenue.
CIGNA Corporation achieved revenue of $18,414.00 million in 2010 and earned a profit of $1,302.00 million.
CIGNA Corporation' rank improves
The company ranking improved in 2010, moving up the Fortune 500 list to 129th compared to 132nd in 2009. This was based on its 2009 revenue of $19,101 million (a change of -1 million compared to 2010) and profits of $292 million (a change of $-291 million compared to 2009).
Another point of view
To many investors, profits are more important than the revenue a company earns. If the Fortune 500 was ranked by profits instead of revenue then CIGNA Corporation would be ranked 99th rather than 129th due to its profits of $1,302 in 2010.
CIGNA Corporation | Revenue* | Profit* | Fortune Ranking |
---|---|---|---|
2010 | 18,414 | 1,302 | 129 |
2009 | 19,101 | 292 | 132 |
2008 | 17,623 | 1,115 | 141 |
2007 | 16,547 | 1,155 | 139 |
2006 | 16,684 | 1,625 | 130 |
* US$ Million
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Address
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CIGNA Corporation
One Liberty Place 1650 Market St.
Philadelphia
PA
19192
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CIGNA Corporation
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Contact Details
- Phone: 215-761-1000
- Fax: 215-761-5515
- Website: www.cigna.com
- Stock Symbol: CI
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