Friday, July 31, 2009
Cigna 2Q Profit Rises 60% On Annuity Strength
Cigna Corp. (CI) posted a 60% increase in second-quarter earnings, aided by $110 million in income from its annuity business, though medical enrollments continued to decline... While the results exceeded Wall Street expectations, Cigna said enrollment should fall more this year than expected previously - by 5% to 5.5%, rather than the previous forecast of 3% to 4% - as corporate customers continue to shed workers...
WSJ: Cigna 2Q Profit Rises 60% On Annuity Strength
WSJ: Cigna 2Q Profit Rises 60% On Annuity Strength
Permalink posted by markw @ 5:46 AM 
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