A.M. Best Assigns Issue Credit Ratings to Cigna Corporation’s New Senior Unsecured Notes
Cigna intends to use the proceeds from this
Cigna has a good level of financial flexibility, which is supported by its commercial paper program, parent company cash, a line of credit agreement and a steady stream of subsidiary dividends from its subsidiaries and non-regulated entities. The company’s projected net income is expected to remain strong with its health, life and disability insurance operations reporting consistent revenue growth and earnings.
This press release relates to Credit Ratings 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 see A.M. Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Understanding Best’s Credit Ratings. For information on the proper media use of Best’s Credit Ratings and
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