The Cigna Group (The Cigna Group) Net Reserve Development From Prior Years (USD Mil) : 0.00 (As of Dec. 2017)

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What is The Cigna Group Net Reserve Development From Prior Years (USD Mil)?

Net Reserve Development From Prior Years (USD Mil) is the difference between the final losses recorded by an insurer and what the insurer originally recorded.

The historical rank and industry rank for The Cigna Group's Net Reserve Development From Prior Years (USD Mil) or its related term are showing as below:

CI's Net Reserve Development From Prior Years (USD Mil) is not ranked ^*
in the Healthcare Plans industry.
Industry Median:
* Ranked among companies with meaningful Net Reserve Development From Prior Years (USD Mil) only.

The Cigna Group Net Reserve Development From Prior Years (USD Mil) Historical Data

The historical data trend for The Cigna Group's Net Reserve Development From Prior Years (USD Mil) 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 Net Reserve Development From Prior Years (USD Mil) Chart

The Cigna Group Annual Data

Trend

Dec16

Dec17

Net Reserve Development From Prior Years (USD Mil)

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The Cigna GroupQuarterly Data

Trend

Dec16

Dec17

Net Reserve Development From Prior Years (USD Mil)

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Competitive Comparison of The Cigna Group's Net Reserve Development From Prior Years (USD Mil)

For the Healthcare Plans subindustry, The Cigna Group's Net Reserve Development From Prior Years (USD Mil), along with its competitors' market caps and Net Reserve Development From Prior Years (USD Mil) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

The Cigna Group (NYSE:CI) Net Reserve Development From Prior Years (USD Mil) Explanation

Net Reserve Development From Prior Years (USD Mil) is the difference between the final losses recorded by an insurer and what the insurer originally recorded. Prior years’ loss reserve development is useful to the company's management team, as it allows them to assess the impact of incurred claims from previous calendar years on current period earnings.

Generally, lower Prior Years’ Reserve Development is better because it means a higher accuracy on predicting the loss on incurred claims.

The Cigna Group Net Reserve Development From Prior Years (USD Mil) Related Terms

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The Cigna Group (The Cigna Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Plans » The Cigna Group (NYSE:CI) » Definitions » Net Reserve Development From Prior Years (USD Mil)

Comparable Companies

Traded in Other Exchanges

CI:Mexico CGN:Germany CGN:Germany C1IC34:Brazil 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.

Executives

Cynthia Ryan	officer: EVP, CHRO	1601 CHESTNUT STREET, SHAREHOLDER SERVICES TL05Z, PHILADELPHIA PA 19192
Nicole S Jones	officer: EVP, General Counsel	1601 CHESTNUT STREET, SHAREHOLDER SERVICES TL18Y, PHILADELPHIA PA 19192
Agoglia Hoeltzel Mary T	officer: VP & Chief Accounting Officer	1601 CHESTNUT STREET, TWO LIBERTY PLACE, PHILADELPHIA PA 19192
Brian C Evanko	officer: President Government Business	1601 CHESTNUT STREET, SHAREHOLDER SERVICES TL05Y, PHILADELPHIA PA 19192
Everett Neville	officer: EVP, Strategy and Business Dev	ONE EXPRESS WAY, ST. LOUIS MO 63121
Paul A Sanford	officer: EVP Operations	1601 CHESTNUT STREET, SHAREHOLDER SERVICES TL05Z, PHILADELPHIA PA 19192
Phillip Ozuah	director	30 HUDSON STREET, FLOOR 33, JERSEY CITY NJ 07302
Donna F Zarcone	director	C/O HARLEY DAVIDSON, 3700 W. JUNEAU AVE, MILWAUKEE WI 53208
Michael W Triplett	officer: President, US Markets	1601 CHESTNUT STREET, SHAREHOLDER SERVICES TL05Y, PHILADELPHIA PA 19192
Elder Granger	director	5176 S. LEWISTON WAY, CENTENNIAL CO 80015
David Cordani	director, officer: President & CEO	THE CIGNA GROUP, 900 COTTAGE GROVE ROAD, BLOOMFIELD CT 06002
Jason D Sadler	officer: Pres., International Markets	1601 CHESTNUT STREET, SHAREHOLDER SERVICES TL05Y, PHILADELPHIA PA 19192
Eric P Palmer	officer: EVP, Chief Financial Officer	1601 CHESTNUT STREET, SHAREHOLDER SERVICES TL05Y, PHILADELPHIA PA 19192
David J Brailer	officer: EVP & Chief Health Officer	4 PRESIDIO TERRACE, SAN FRANCISCO CA 94118
Charles Berg	officer: Pres, Govt Programs & Sr Advsr	48 MONROE TURNPIKE, TRUMBULL CT 06611