CIGNA & CMC Life Insurance Co. Ltd., a joint venture between CIGNA Corp. (CI) and China Merchants Group, Wednesday launched its first comprehensive health care product in China.
The new plan, named International Employee Healthcare Plan, is designed for employers based in China seeking group health care coverage for members of their workforce, including expatriate employees working in other countries, foreign employees working in China, employees returning to China from assignment in other countries, and senior managers.
The new health plan combines CIGNA's global health care capabilities with the expertise gained through CIGNA & CMC Life Insurance's six-year history in China as one of the fastest growing life insurers in China.
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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.