September 21, 2006 at 01:05 PM
CIGNA & CMC Life Insurance Company Ltd. has opened a branch office in Hangzhou, Zhejiang.
CIGNA & CMC, Shenzhen, is a joint venture that specializes in direct distribution of life, accident and supplemental health insurance products in China.
The Hangzhou office is the fourth branch CIGNA & CMC has opened, according to CIGNA Corp., Philadelphia.
An affiliate of CIGNA is one of the owners of CIGNA & CMC. The other owner is an affiliate of China Merchants Holdings (International) Company Ltd., Hong Kong.
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