NU Online News Service, Sept. 10, 2003, 7:43 p.m. EDT – CIGNA Corp., Philadelphia, has announced the official opening of a joint venture in China, CIGNA & CMC Life Insurance Company Ltd.
The new company will sell personal accident, hospital indemnity, term life and credit life insurance in Shenzhen, a city in China’s Guangdong province that has a population of 7 million.