Cigna 2011 Annual Report Download - page 20

Download and view the complete annual report

Please find page 20 of the 2011 Cigna annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 180

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180

Table of contents
PARTI
1
ITEM1
Business ....................................................................................................................................................................................................................................................................................................................................... 1
A. Description of Business ................................................................................................................................................................................................................................................................ 1
B. Financial Information about Business Segments ..................................................................................................................................................................................... 1
C. Strategy ............................................................................................................................................................................................................................................................................................................... 2
D. Health Care ................................................................................................................................................................................................................................................................................................... 3
E. Disability and Life ........................................................................................................................................................................................................................................................................... 11
F. International ............................................................................................................................................................................................................................................................................................ 13
G. Run-off Reinsurance ..................................................................................................................................................................................................................................................................... 15
H. Other Operations ............................................................................................................................................................................................................................................................................. 16
I. Investments and Investment Income .................................................................................................................................................................................................................... 17
J. Regulation ................................................................................................................................................................................................................................................................................................... 17
K. Miscellaneous ......................................................................................................................................................................................................................................................................................... 21
ITEM1A
Risk Factors .................................................................................................................................................................................................................................................................................................................... 22
ITEM1B
Unresolved Sta Comments ......................................................................................................................................................................................................................................................... 30
ITEM2
Properties ............................................................................................................................................................................................................................................................................................................................ 30
ITEM3
Legal Proceedings ............................................................................................................................................................................................................................................................................................... 30
ITEM4
Mine Safety Disclosures ........................................................................................................................................................................................................................................................................ 30
EXECUTIVE OFFICERS OF THE REGISTRANT
.........................................................................................................................................................................................................................
31
PART II
32
ITEM 5
Market for Registrants Common Equity, RelatedStockholder Matters
and Issuer Purchases of Equity Securities ........................................................................................................................................................................................................... 32
ITEM6
Selected Financial Data .......................................................................................................................................................................................................................................................................... 33
ITEM7
Management’s Discussion and Analysis ofFinancial Condition and Results of Operations ....................... 34
ITEM7A
Quantitative and Qualitative Disclosures AboutMarket Risk ................................................................................................................................ 67
ITEM8
Financial Statements and Supplementary Data ..................................................................................................................................................................................... 68
ITEM9
Changes in and Disagreements With Accountants on Accounting and Financial Disclosure..............126
ITEM9A
Controls and Procedures ..................................................................................................................................................................................................................................................................126
ITEM9B
Other Information .......................................................................................................................................................................................................................................................................................126
Contents
Q