U.S. health insurer Cigna Corp is exploring a sale of its group benefits insurance business, which could be valued at as much as $6 billion, four people familiar with the matter said on Tuesday. The unit for sale offers disability insurance as well as life and accidental death and dismemberment coverage to clusters of company… Continue reading Cigna Seeks Sale of Group Benefits Insurance Business: Sources
Tag: Cigna
Anthem, Cigna in Court Over Failed Deal
There’s no dispute that a $48.9 billion merger announced in 2015 between health insurers Anthem Inc. and Cigna Corp. imploded two years later over antitrust concerns. Now, the question is whether one owes the other billions for the deal’s failure. A Delaware judge will start the process of deciding that pricey dispute Monday in a… Continue reading Anthem, Cigna in Court Over Failed Deal