Cigna Acquires Zurich Insurance Middle East

Cigna, a global health services company, said on Tuesday that it has acquired general insurer, Zurich Insurance Middle East, for an undisclosed amount. The acquisition was successfully completed in June.

With this acquisition, Cigna will operate in the United Arab Emirates, Lebanon, Kuwait and Oman, further complementing its capabilities across the region. In line with regulatory compliance, the newly acquired entity will be called ‘Zurich Insurance Middle East, a Cigna-owned company.’ The company will assume a name that aligns with the Cigna brand once all formalities have been completed.

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