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Before selling its domestic and international property and casualty business to the Bermuda-based ACE Insurance company in the late 1990s, Cigna was among the companies with a large international network comparable to those of AIG, Allianz, and Zurich.
Cigna reaches agreement with Chubb, the property and casualty insurance company, to divest its life, accident, and supplemental benefits businesses in seven countries.
In 1987 the Aetna Insurance Company subsidiary was renamed CIGNA Property and Casualty Insurance Company. Two years later, CIGNA gave up the use of the Aetna name altogether when it transferred its rights to this trade name to Aetna Life and Casualty Company.
A true turning point for ACE was its 1999 acquisition of Cigna Corporation’s international and domestic property and casualty business, the Insurance Company of North America (INA). The acquisition gave ACE an instant global network and simultaneously transferred INA’s 200-year history to the company.
7 de oct. de 2021 · ZURICH, Oct. 7, 2021 /PRNewswire/ -- Chubb Limited (NYSE: CB) today announced a definitive agreement to acquire the life and non-life insurance companies that house the personal accident, supplemental health and life insurance business of Cigna (NYSE: CI) in seven Asia-Pacific markets for $5.75 billion dollars in cash.
In 1993 CIGNA Property and Casualty embarked on a full transformation effort under a new leadership team headed by Gerry Isom. This case presents progress through September 1995. Keywords. Transformation; Corporate Entrepreneurship; Human Resources; Leading Change; Organizational Design; Groups and Teams. Citation.
3 de ago. de 1995 · CIGNA Property and Casualty Reengineering (A) By: Richard L. Nolan, Donna B. Stoddard, Elise Martin, Chiara Francalanci Reengineering was introduced at CIGNA Corp. in 1988.
