Cigna Group
For the period ended Mar 31, 2024. Filed May 2, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 2, 2024
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Other Operations
Other Operations includes corporate owned life insurance ("COLI"), the Company's run-off operations and other non-strategic businesses. See Note 1 to the Consolidated Financial Statements for additional information regarding these operations. As described in the introduction of Segment Reporting, performance of Other Operations is measured using adjusted revenues and pre-tax adjusted income from operations.
| Financial Summary · Three Months EndedMarch 31, · Change | ||||||
|---|---|---|---|---|---|---|
| (Dollars in millions) · 2024 · 2023 | ||||||
| Adjusted revenues | $166 | $157 | 6 | % | ||
| Pre-tax adjusted income from operations | $18 | $15 | 20 | % | ||
| Pre-tax adjusted margin | 10.8 | % | 9.6 | % | 120 | bps |
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