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Best's Credit Rating and Report Updates for
AMB Credit Report provides detailed business overview, extensive financial data and analytical commentary, product and geographic information, company history, as well as the rationale supporting the financial strength rating assigned by A.M. Best. These reports are updated on a regular basis based on input and analysis performed throughout the year.
Report Revision Date - 03/05/2014 *
The Report Revision Date * represents the last significant material change made to this report. Other non-material changes may have been made to this report subsequent to this date, but are not reflected in the report revision date. The AMB Credit Report below was created based on the following dates.
|AMB Credit Report for |
Ultimate Parent: Cigna Corporation
Cigna Corporation (Cigna), and its subsidiaries, is a major provider of employee benefits across the United States and throughout the world, servicing over 20 million individuals. Cigna offers a broad array of products and services, including managed medical products for groups and individuals, including Medicare Advantage and Medicare supplement; dental care products; group indemnity health insurance and related services; group life, accident and disability insurance; international life, accident and supplemental health insurance, as well as international health care products and services; and specialty health care products and services. Cigna is one of the few organizations in the employee benefits market that can offer large, geographically diverse employers a complete integrated product package, including both employer-paid and voluntary products. With a full array of group medical, dental, life, disability, accident insurance and specialty health care products, Cigna is able to design benefit programs that meet the needs of employers of all sizes, a majority of which are offered through the workplace. Cigna is domiciled in the state of Connecticut and licensed in all 50 states, the District of Columbia, Puerto Rico, U.S. Virgin Islands, and Canada. The international entities operate in both European and Asian markets. Cigna's international subsidiaries offer health, life, and accident to individuals; group health care; expatriate employee benefit services; and individual private medical insurance on both local and global levels.
CIGNA Non-Life Insurance Brokerage (Thailand) Limited is 25% owned by CIGNA Holdings Overseas, Inc. CIGNA Insurance Public Company Limited is 24.99% owned by CIGNA Holdings Overseas, Inc.
Find out more about our Market Segment Outlooks, indicating the potential future direction of company ratings within a segment over the next 6 to 18 months.
A Best's Financial Strength Rating opinion addresses the relative ability of an insurer to meet its ongoing insurance obligations. The ratings are not assigned to specific insurance policies or contracts and do not address any other risk, including, but not limited to, an insurer's claims-payment policies or procedures; the ability of the insurer to dispute or deny claims payment on grounds of misrepresentation or fraud; or any specific liability contractually borne by the policy or contract holder. A Best's Financial Strength Rating is not a recommendation to purchase, hold or terminate any insurance policy, contract or any other financial obligation issued by an insurer, nor does it address the suitability of any particular policy or contract for a specific purpose or purchaser.
|A Best's Debt/Issuer Credit Rating is an opinion regarding the relative future credit risk of an entity, a credit commitment or a debt or debt-like security.|
|Credit risk is the risk that an entity may not meet its contractual, financial obligations as they come due. These credit ratings do not address any other risk, including but not limited to liquidity risk, market value risk or price volatility of rated securities. The rating is not a recommendation to buy, sell or hold any securities, insurance policies, contracts or any other financial obligations, nor does it address the suitability of any particular financial obligation for a specific purpose or purchaser.|
|In arriving at a rating decision, A.M. Best relies on third-party audited financial data and/or other information provided to it. While this information is believed to be reliable, A.M. Best does not independently verify the accuracy or reliability of the information. Any and all ratings, opinions and information contained herein are provided "as is," without any express or implied warranty.|
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No part of this report may be reproduced, distributed, or stored in a database or retrieval system, or transmitted in any form or by any means without the prior written permission of the A.M. Best Company. While the data in this report was obtained from sources believed to be reliable, its accuracy is not guaranteed.
AMB Credit Report BCR03122014