Life & Health Insurance M&A » By The Online Investor Staff, updated Tue., Aug. 9, 3:28 AM
Recent mergers and acquisitions in the Life & Health Insurance M&A category.
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Slide #53. Cigna — Great American Supplemental Benefits
Acquirer:
Cigna (CI)
Acquiree:
Great American Supplemental Benefits (AFG)
Details:
Cigna announced it has completed its acquisition of Great American Supplemental Benefits from American Financial Group, Inc. for $305 million in cash, subject to closing adjustments. Great American Supplemental Benefits Group, with 2011 premiums of $300 million and more than 200,000 current customer relationships, will now do business as Cigna Supplemental Benefits. The new business positions Cigna as one of the largest producers, distributors and marketers of supplemental health care and related products in the United States.
Cigna, together with its subsidiaries, is a global health service organization. Co.'s Evernorth segment includes a range of coordinated and point solution health services, including pharmacy solutions, benefits management solutions, care solutions and intelligence solutions, which are provided to health plans, employers, government organizations and health care providers. Co.'s U.S. Medical segment includes its U.S. Commercial and U.S. Government businesses that provide medical and solutions to clients and customers. Co.'s International Markets segment provides a range of medical and supplemental health, life and accident benefits to individuals and employers.
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Cigna, together with its subsidiaries, is a global health service organization. Co.'s Evernorth segment includes a range of coordinated and point solution health services, including pharmacy solutions, benefits management solutions, care solutions and intelligence solutions, which are provided to health plans, employers, government organizations and health care providers. Co.'s U.S. Medical segment includes its U.S. Commercial and U.S. Government businesses that provide medical and solutions to clients and customers. Co.'s International Markets segment provides a range of medical and supplemental health, life and accident benefits to individuals and employers.
Cigna SEC Filing Email Alerts Service
Open the AFG Page at The Online Investor »
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