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Cigna, Focusing on Its Sizable Health Insurance Portfolio, to Sell Life, Accident and Benefits Business to Chubb in $5 75 Billion Deal

By Stephen Singer From Hartford Courant Cigna Corp. has struck a $5.75 billion deal to sell its life, .

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Cigna To Sell Life, Accident And Benefits Business To Chubb For $5 75B

Cigna Corp. has struck a $5.75 billion deal to sell its life, accident and supplemental businesses to Swiss insurer Chubb Ltd. Chubb will acquire the Cigna businesses in Hong Kong, Indonesia, Korea, New Zealand, Taiwan and Thailand and Cigna’ s interest in a joint venture in Turkey.

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Cigna Reaches Agreement With Chubb To Divest Its Life, Accident And Supplemental Benefits Businesses In Seven Countries

/PRNewswire/ Cigna Corporation (NYSE:CI), a global health service company, today announced a definitive agreement with Chubb (NYSE: CB) to sell its life,.

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Cigna, focusing on its sizable health insurance portfolio, to sell life, accident and benefits business to Chubb in $5 75 billion deal

Cigna, focusing on its sizable health insurance portfolio, to sell life, accident and benefits business to Chubb in $5 75 billion deal
courant.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from courant.com Daily Mail and Mail on Sunday newspapers.

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Cigna reaches agreement with Chubb to divest businesses in seven countries

Agreement will sharpen Cigna s focus on the growth path for its rapidly expanding global health portfolio

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