CIGNA (CI) Earnings Q2 2010

View CIGNA's (CI) Q2 Earnings Report



  • Net earnings of $294 million, or $1.06 per share, compared with $435 million, or $1.58 per share, for Q2 2009. 
  • Net income included a loss of $0.37 per share from results of the GMIB business, primarily related to interest rate movements.
  • Premiums and fees increased approximately 15 percent relative to Q2 2009, primarily due to net membership growth and a change in membership mix, which includes a higher percentage of commercial and Medicare related risk businesses.
  • Health care medical claims payable increased to approximately $1.0 billion at June 30, 2010 from $715 million at December 31, 2009, due to membership growth in commercial and Medicare related risk businesses.

Check out CIGNA's current earnings estimates from CNN Money

See how CI is performing right now

CIGNA's website:

Suggested Articles

We take a look back at health insurers' financial performance, including soaring profits, in Q2.

Employment growth in the healthcare industry cooled off in July as the sector added fewer jobs than in June as COVID-19 continues to spread.

Employers are making adjustments to their health benefits in the wake of COVID-19, but workers may not take the time to consider these new options.