Yahoo My Yahoo Mail Welcome Guest Sign Out My Account Finance Home Help Home Investing Market Overview Market Stats Stocks Mutual Funds ETFs Bonds Options Industries Currency Education News Opinion Markets Investing Ideas Expert Advice Special Editions Company Finances Providers Personal Finance Banking Budgeting Career Work College Education Family Home Insurance Loans Real Estate Retirement Taxes How to Guides Get Quotes Finance Search New Find Quotes Faster You no longer need to remember symbols. Simply type in a company name or stock symbol for instant results. Learn more. Close x NYTimes.com Cigna s Profit Rises on Overseas Business Thursday February pm ET By THE ASSOCIATED PRESS PHILADELPHIA AP The Cigna Corporation a health insurer said on Wednesday that fourth quarter profit rose percent as growth in its overseas business and in its group disability and life operations helped to offset a slight decline in health care earnings. The company also raised its earnings for! ecast in anticipation of strong growth in its international and group businesses. Cigna reported a profit of million or cents a share up from million or cents a share a year earlier. Excluding investments and special items adjusted profit totaled cents a share in the latest period. Revenue climbed to . billion from . billion a year earlier primarily as a result of higher premiums and fees from specialty insurance and Medicare Part D. Cigna s core health care business which accounts for more than half of revenue posted adjusted earnings of million a . percent decline. Premiums and fees rose percent. The number of medical members rose in the quarter to . million up percent from a year ago but it was down from . million in the third quarter. Earnings from the rest of Cigna s operations were million in adjusted profits up by percent from the previous year. They were led by group disability and life insurance operations which had a percent increase in profit while its internatio! nal division posted a percent gain. Stock in Cigna which is based in Philadelphia rose cents to . a share. Email Story Set News Alert Print Story Copyright Yahoo Inc. All rights reserved. Privacy Policy Terms of Service Copyright NYTimes.com. All rights reserved.
Source: http://biz.yahoo.com/nytimes/080207/1194744682029.html?.v=16
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