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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.
1999: CIGNA sells its domestic and international property and casualty operations to ACE Limited of Bermuda. Company History: CIGNA Corporation is an insurance and financial services organization focusing on employee benefits, with its healthcare operations being the largest of its units.
ACE acquires CIGNA P&C for $3.45 billion, thus entering 50 countries and transforming its business from specialty catastrophic risk to diversified property and casualty.
Property & Casualty. 2. 3 Introducción “En Chubb estamos comprometidos en proporcionar estabilidad financiera a nuestros clientes a través de coberturas de Bienes Físicos y Pérdida de Beneficios, así como la reparación de los distintos daños que pudieran ocasionar a terceros durante el
3 de ago. de 1995 · CIGNA Property and Casualty Reengineering (A) | Harvard Business Publishing Education. Brought to you by: Main Case. 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.
February 1996. Case. HBS Case Collection. CIGNA Property and Casualty Reengineering (B) By: Richard L. Nolan, Donna B. Stoddard, Chiara Francalanci and Elise C Martin. Format: Print. | Pages: 18. Abstract. In 1993 CIGNA Property and Casualty embarked on a full transformation effort under a new leadership team headed by Gerry Isom.
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