Cigna Corp. (CI) announced a definitive agreement with Berkshire Hathaway Life Insurance Company of Nebraska after the bell Monday. Berkshire will reinsure Cigna's Run-off Guaranteed Minimum Death Benefits and Guaranteed Minimum Income Benefits businesses effective February 4, 2013.
Cigna gapped open sharply higher Tuesday, but traded in a narrow range throughout the session. The stock closed up by 2.03 at $60.38 and climbed to a new high for the year.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.