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Health insurer Cigna's profit rises as it adds more members
July 30, 2015 / 10:14 AM / 2 years ago

Health insurer Cigna's profit rises as it adds more members

July 30 (Reuters) - Health insurer Cigna Corp, which agreed to be bought by Anthem Inc for $47 billion this month, reported a 2.6 percent rise in quarterly profit as it added more members in its commercial and government businesses.

The company said net profit rose to $588 million or $2.26 per share, for the second quarter ended June 30, from $573 million, or $2.12 per share, a year earlier.

Revenue rose about 9 percent to $9.49 billion. (Reporting by Amrutha Penumudi in Bengaluru; Editing by Simon Jennings)

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