Since February 28th, 2019, Cigna Corp's market capitalization has increased from $63.8 Billion to $73.1 Billion at May 26th, 2023.
Cigna Corp's market capitalization as of May 26th, 2023 of $73.1 Billion was higher than its peers in the Health Care Plans industry group of April 30th, 2023 of 53.4 Billion. From February 28th, 2019 to May 26th, 2023, Cigna Corp's average market capitalization was 73.1 Billion compared to an industry average of 29.2 Billion.
Cigna Corp. provides medical, dental, disability, life and accident insurance and related products and services to businesses, governmental and non-governmental organizations and individuals. It operates through following segments: Global Health Care; Global Supplemental Benefits; Group Disability and Life; Other Operations; and Corporate. The Global Healthcare segment aggregates the Commercial and Government operating segments due to their similar economic characteristics, products and services and regulatory environment. The Global Supplemental Benefits segment includes supplemental health, life and accident insurance products offered in selected international markets and in the U.S. The Group Disability and Life segment provides group long-term and short-term disability, group life, accident and specialty insurance products and related services. The Other Operations segment consists of corporate-owned life insurance; run-off reinsurance business; deferred gains recognized from the sale of life insurance and annuity business and the sale of retirement benefits business; and run-off settlement annuity business. The Corporate segment reflects amounts not allocated to operating segments, such as net interest expense, interest on uncertain tax positions, certain litigation matters, intersegment eliminations, and compensation cost for stock options. The company was founded in 1981 and is headquartered in Bloomfield, CT.
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