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Reinsurance North America United States

Fitch affirms Cigna rating after reinsurance deal

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US insurer Cigna has had its ‘BBB+’ rating affirmed by rating agency Fitch following the announcement that Cigna would pay Berkshire Hathaway Life Insurance Co of Nebraska $2.2bnin return for $4bn or reinsurance cover on its exposure to variable annuities.

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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