The Cigna Group (BSP:C1IC34) Combined Ratio % : 0.00% (As of . 20)

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What is The Cigna Group Combined Ratio %?

Combined Ratio % is a profitability metric of an insurance company to measure its performance in daily operations. It measures the money flowing out of an insurance company in the form of dividends, expenses, and losses.

The historical rank and industry rank for The Cigna Group's Combined Ratio % or its related term are showing as below:

BSP:C1IC34's Combined Ratio % is not ranked ^*
in the Healthcare Plans industry.
Industry Median:
* Ranked among companies with meaningful Combined Ratio % only.

The Cigna Group Combined Ratio % Historical Data

The historical data trend for The Cigna Group's Combined Ratio % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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The Cigna Group Combined Ratio % Chart

The Cigna Group (BSP:C1IC34) Combined Ratio % Calculation

Combined Ratio % is calculated as:

Combined Ratio %

( Incurred Losses

Expenses )

Earned Premium

100%

The Cigna Group (BSP:C1IC34) Combined Ratio % Explanation

Combined Ratio % measures the money flowing out of an insurance company in the form of dividends, expenses and losses. A ratio below 100 percent suggests that the company is making an underwriting profit, while a ratio above 100 percent means that it paid more in the claim than it received. However, a ratio above 100 percent does not necessarily mean the company is losing money because the investment income is not included in the calculation.

Compared to Claims Ratio % and Expense Ratio %, the combined ratio is most important because it provides a comprehensive measure of an insurer's profitability.

The Cigna Group Combined Ratio % Related Terms

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The Cigna Group (BSP:C1IC34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Plans » The Cigna Group (BSP:C1IC34) » Definitions » Combined Ratio %

Comparable Companies

Traded in Other Exchanges

CI:USA CI:Mexico CGN:Germany CIGN:Austria

Address

900 Cottage Grove Road, Bloomfield, CT, USA, 06002

Website

https://www.cigna.com

Cigna primarily provides pharmacy benefit management and health insurance services. Its PBM services, which were greatly expanded by its 2018 merger with Express Scripts, are mostly sold to health insurance plans and employers. Its largest PBM contract is the Department of Defense and it recently won a deal with top-tier insurer Centene. In health insurance and other benefits, Cigna mostly serves employers through self-funding arrangements, but it also operates in government programs, such as Medicare Advantage. The company operates mostly in the U.S. with 18 million U.S. medical members covered as of the end of June 2023.

The Cigna Group (BSP:C1IC34) Headlines

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