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Life Insurance
The company you're referring to with the stock symbol "CIA" is Cigna Corporation, which is a global health services company based in the United States. Cigna does offer life insurance products, but it is primarily known for its medical insurance and health services.
In terms of its financial performance, Cigna reported revenue of $48.6 billion in 2020, representing a decrease of 3.4% from the previous year. The company's net income for the year was $3.3 billion, up from $2.6 billion in 2019.
Cigna's life insurance business is a part of its "Global Life and Accident Insurance" segment. This segment reported revenue of $4.2 billion in 2020, up from $3.9 billion in 2019. The segment's operating income was $441 million in 2020, down from $503 million in 2019.
In terms of growth, Cigna has been focusing on expanding its global footprint and diversifying its offerings to include a wider range of health and wellness services. The company has been actively pursuing acquisitions and partnerships to achieve this goal, including its acquisition of Express Scripts in 2018.
Regarding the company's stock performance, Cigna's stock (CIA) has historically performed well, with a 5-year return of 53.07% as of February 21, 2023. However, the stock has been somewhat volatile, experiencing significant price swings at times. As with any investment, it's important to carefully consider a company's financial health, industry position, and market conditions before making an investment decision.
It's worth noting that the information presented here is for informational purposes only, and should not be construed as investment advice. Investors should conduct their own research and consult with a financial advisor before making any investment decisions.