The topic of the wars came out of the blue during Cigna’s earnings conference call on Thursday, in response to a question about slow growth overseas. Chief Executive Officer David Cordani told analysts that Cigna’s international unit has been a major supplier to contractors in Iraq and Afghanistan.
“We were and continue to be a major supplier of services, service coordination and service delivery for those suppliers of resources that wrap around the war effort,” Cordani said. “As those wars have wound down, which is a net societal good, that business has dissipated.”
It was the first time that executives discussed the wars on a conference call, according to transcripts of presentations reviewed by Bloomberg News.