When insurance companies invest in startups, things can get sticky.
What guardrails should be in place when insurance companies make venture capital investments?
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What guardrails should be in place when insurance companies make venture capital investments?
CIgna will direct another $450 million into its venture fund, Cigna Ventures, in a bid to increase spending on startup businesses and digital health, the company said this week. In addition to injecting extra cash into the venture fund, the insurer plans an investment in innovations which includes $1.25 billion in capital expenditures, part of a bid to keep pace with other
Cigna announced Monday that it plans to repurchase over $7 billion of its own stock this year. In a statement, the Bloomfield-based insurer and health care services conglomerate said it will increase its share purchase authorization by $6 billion, bringing total capacity to $10 billion. The company will commit “in excess of $7 billion” to stock buybacks this year alone, citing the “attractive valuation of Cigna’s equity.”
/PRNewswire/ -- Global health service company Cigna Corporation (NYSE: CI) today announced a series of capital deployment priorities designed to enhance...
/PRNewswire/ -- Global health service company Cigna Corporation (NYSE: CI) today announced a series of capital deployment priorities designed to enhance...