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Premium Company Profile - CIGNA Corporation

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Report Summary

Introduction

Having strengthened its health care operations through acquisitions and joint ventures, CIGNA Corporation (CIGNA or ‘the company’) is expanding its businesses, while maintaining focus on both organic and inorganic growth. This profile offers a comprehensive review of the company’s operations and performance.

Scope

  • Contains corporate strategy, value chain presence and SWOT Analysis
  • Provides detailed business description, segment analysis, 5-year financial trends, key products and key competitors
  • Includes information on suppliers/ partners, shareholding structure and key employees with biographies


    • Highlights

    CIGNA and its subsidiaries constitute one of the largest investor-owned health care and related benefits organizations in the US. The company is one of the top US health insurers and it is one of the top five providers of group disability, life and accident insurance (based on premiums) in the US.

    CIGNA is primarily focused on growing through acquisitions. It continually evaluates potential acquisitions and other transactions that present opportunities to enhance its product capabilities and provide a basis for lower medical costs.

    It’s profitability is facing pressure due to increasing medical costs in the US. There has been an increase in the reimbursement rates to hospitals and physicians as hospitals are merging to increase in size, giving them more bargaining power in their negotiations with insurers.

    Reasons to Purchase

  • Access all the important information and analysis on the company in a single report
  • Understand company’s strengths, weaknesses, opportunities and threats along with business strategy and value chain
  • Gain access to company’s adjusted five year financial data along with key ratios and market capitalization

    • Table of Contents

    Overview 1
    Catalyst 1
    Summary 1
    Table of Contents 2
    tables 3
    Company Structure 4
    Company Overview and Key Facts 4
    Business Description 4
    Overview 4
    Health care 5
    Disability and life 5
    International 5
    Run-off reinsurance 6
    Other operations 6
    History 6
    Company Locations and Subsidiaries 8
    Head Office 8
    Other Locations and Subsidiaries 8
    Company Financials 11
    Overview 11
    Revenue by Division 11
    Products and Services List 12
    Major Products and Services 12
    Competitors and Strategic Business Relationships 13
    Top Competitors 13
    Shareholding Structure 13
    Strategy 14
    Company View 14
    Strategy 19
    Overview 19
    Acquisitions 19
    Improving operational efficiency 20
    Alliances 20
    International expansion 20
    Acquisition of Great-West Healthcare 20
    Corporate Social Responsibility 21
    Overview 21
    Examples 21
    SWOT Analysis 23
    Overview 23
    Strengths 23
    Strong national network in the healthcare business 23
    Comprehensive offerings 24
    Growing international business 24
    Weaknesses 24
    Poor financial performance 24
    Weak balance sheet 25
    Opportunities 25
    Strategic acquisitions and alliances 25
    Uninsured population 26
    Expanding Medicare business 26
    Threats 26
    Increasing medical costs 26
    Volatility in financial markets 27
    Economic slowdown in US 27
    Key Employees 28
    List of Key Employees 28
    Key Employee Biographies 29
    H. Edward Hanway 29
    Robert H. Campbell 29
    Isaiah Harris 29
    Jane E. Henney 30
    Peter N. Larson 30
    Roman Martinez 30
    James E. Rogers 30
    Harold A. Wagner 31
    Carol Cox Wait 31
    Eric C. Wiseman 31
    Donna F. Zarcone 31
    William D. Zollars 32
    Michael W. Bell 32
    David M. Cordani 32
    Paul E. Hartley 32
    John M. Murabito 33
    Carol Ann Petren 33
    Karen S. Rohan 33
    Michael D. Woeller 33
    Financial and Operational Overview 34
    Financial Overview 34
    APPENDIX 37
    Ask the analyst 37
    Datamonitor consulting 37
    Disclaimer 37
    List of Tables
    Table 1: CIGNA Corporation - Key Facts 4
    Table 2: CIGNA Corporation - Other Locations and Subsidiaries 8
    Table 3: CIGNA Corporation - Revenue by Division, 2005-2006 ($ Mn) 11
    Table 4: CIGNA Corporation - Products and Services 12
    Table 5: CIGNA Corporation - Top Competitors 13
    Table 6: CIGNA Corporation - Key Shareholders 13
    Table 7: CIGNA Corporation - SWOT Analysis Summary 23
    Table 8: CIGNA Corporation - Key Employees 28
    Table 9: CIGNA Corporation - Financial Statements Summary 34
    Table 10: CIGNA Corporation - Other Key Statistics and Ratios 34
    Table 11: CIGNA Corporation - Overview of Operating Segments 35