We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register to chat with like-minded investors on our interactive forums.
| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Cigna Group | NYSE:CI | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.91 | 0.27% | 342.41 | 344.38 | 339.445 | 342.46 | 1,338,993 | 01:00:00 |
From May 2019 to May 2024
A.M. Best has upgraded the financial strength rating to A- (Excellent) from B++ (Good) and the issuer credit rating to "a-" from "bbb" of Sterling Life Insurance Company (Sterling) (Chicago, IL). Additionally, A.M. Best has revised the under review implications status on the ratings to developing from positive.
The rating action follows the completed acquisition of Sterling by Cigna Corporation (Cigna) [NYSE:CI]. Sterling should benefit from Cigna’s financial strength and parental support if needed. The acquisition of Sterling fits Cigna's strategy to further increase the scale of its Medicare supplement business. The ratings of all Cigna’s subsidiaries remain under review with developing implication following the announcement of Cigna’s acquisition by Anthem, Inc. (Anthem) [NYSE:ANTM]. That acquisition is subject to multiple regulatory approvals and is expected to close in late 2016.
This press release relates to rating(s) that have been published on A.M. Best's website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please visit A.M. Best’s Ratings & Criteria Center.
A.M. Best Company is the world's oldest and most authoritative insurance rating and information source. For more information, visit www.ambest.com.
Copyright © 2015 by A.M. Best Company, Inc. ALL RIGHTS RESERVED.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150901006664/en/
A.M. BestDoniella Pliss, 908-439-2200, ext. 5104Senior Financial Analystdoniella.pliss@ambest.comorChristopher Sharkey, 908-439-2200, ext. 5159Manager, Public Relationschristopher.sharkey@ambest.comorStephen Irwin, 908-439-2200, ext. 5454Vice Presidentstephen.irwin@ambest.comorJim Peavy, 908-439-2200, ext. 5644Assistant Vice President, Public Relationsjames.peavy@ambest.com
1 Year Cigna Chart |
1 Month Cigna Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
