Global health services company Cigna has finalised the acquisition of FirstAssist Insurance Services.
FirstAssist Insurance Services and FirstAssist Legal Protection are now part of Cigna International's Health, Life & Accident (HL&A) division. Following the purchase of FirstAssist, for £71m, the arrangement between Great Lakes Reinsurance, which is a wholly owned subsidiary of Munich Re. and FirstAssist has been renewed. Great Lakes will remain the fronting insurer for FirstAssist's travel, protection and accident policies. Jason Sadler, chief executive officer, Global Health Life & Accident at Cigna International, said: "The deal enhances Cigna's presence in Europe and enables us...
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