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New York Life Acquires Cigna’s Life and Disability Insurance Business

 Category Important Update in the Life and Disability Marketplace
December 18, 2019

Cigna announced earlier today that its group life and disability insurance units have been sold to New York Life Insurance for $6.3 billion. All indicators show that this move is not expected to create immediate changes for policyholders.

If you have any questions regarding this change, please reach out to your Brio Strategy Managers.

We will keep you informed as more details emerge.
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