August 2, 2018 / 10:11 AM / 13 days ago

Health insurer Cigna quarterly revenue rises about 11 pct

Aug 2 (Reuters) - Health insurer Cigna Corp reported an about 11 percent rise in quarterly revenue on Thursday, helped by higher enrollment and premium increases.

Cigna's results come a day after the Wall Street Journal reported billionaire investor Carl Icahn has a sizable stake in the insurer and plans to vote against its planned $52 billion acquisition of pharmacy benefits manager Express Scripts .

Cigna's operating revenue rose to $11.50 billion from $10.37 billion. (Reporting by Ankur Banerjee in Bengaluru; Editing by Shailesh Kuber)

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