CI · 10-Q · 2026Q3 · Full report

China Insurance Joint Venture

Cigna Group · 2026-11-05 · Importance 37 · Surprise 6

Cigna holds a 50% ownership interest in an insurance joint venture in China and accounts for it under the equity method. Cigna’s 50% share of the investment portfolio supporting the joint venture’s liabilities was approximately $21.9 billion as of September 30, 2026. The portfolio consisted of approximately 75% debt securities, 20% equities, and 5% long-term deposits and policy loans; no investments had a material unrealized loss as of that date.

Key facts

• Cigna Group's 50% share of the investment portfolio supporting its China joint venture's liabilities was approximately $21.9 billion as of September 30, 2026. source
• Cigna Group's share of the China joint venture's supporting investments comprised approximately 75% debt securities, 20% equities and 5% long-term deposits and policy loans. source
• Cigna Group reported no investments with a material unrealized loss as of September 30, 2026 in connection with the China joint venture portfolio. source
• Cigna Group continuously reviews the China joint venture's investment strategy and its execution. source
• Cigna Group has a 50% ownership interest in an insurance joint venture in China and accounts for it under the equity method. source