Moreover, China Merchants Cigna Life Insurance Co., Ltd. is a Sino-US joint venture life insurance company founded by two well-known century-old enterprises. The shareholders of both investors are subsidiaries of Cigna North America Life Insurance Company and China Merchants Group. On 20 13, China Merchants Cigna completed the equity transfer, and China Merchants Bank officially became the Chinese shareholder of China Merchants Cigna.
CIGNA North American Life Insurance Company, founded in 1792, is the first joint-stock insurance company in the United States, and now belongs to CIGNA Insurance Group of the United States. Cigna Insurance Group is one of the four largest commercial health insurance companies in the United States. It operates in 30 countries and regions around the world, providing insurance products and services to more than 80 million customers around the world, and has a global network of more than 6,543,800 health experts and related facilities.