Cigna New Zealand Review
Who owns Cigna New Zealand?
Cigna New Zealand was founded in 1967. Is fully owned by the American Cigna Corporation, a Fortune 500 company.
Founded
1967
Policyholders
400,000
A. M. Best
A
Cigna New Zealand Timeline
Cigna New Zealand in the news
2021:
Cigna Corporation announced its intention to sell Cigna New Zealand to Chubb, one of the world’s largest publicly-traded insurance companies
2020:
Cigna completes the integration of OnePath into its business, uniting the two companies under the Cigna brand.
2019: Cigna rolls out a number of changes to its OnePath Life product range, introducing various improvements in cover.
2019:
Cigna opens an office in Christchurch, the company’s first bricks-and-mortar presence on the South Island.
2018:
Cigna partners with UK technology UnderwriteMe, and launches its Underwriting Rules Engine (URE) in New Zealand.
2018:
Cigna New Zealand appoints Gail Costa as its new CEO.
2018:
Cigna enters a 20-year strategic alliance to provide insurance solutions for ANZ bank customers
2018:
Cigna announces its intention to acquire OnePath Life for $700 million from ANZ in May, and the deal is granted regulatory approval in November.
2017:
Cigna New Zealand has its financial strength rating upgraded from A- to A by A.M. Best as a result of a “strong balance sheet and long-term sustainability.”
1986: Cigna New Zealand is founded by Cigna Corporation, a Fortune500 company.