TEXT-Fitch affirms Cigna ratings after reinsurance deal
Feb 4 - Following Cigna's announcement of a reinsurance transaction involving its variable annuity exposure, Fitch Ratings has affirmed Cigna Corp's (Cigna) 'BBB+' Issuer Default Rating (IDR) and 'BBB' unsecured senior debt ratings. In addition, Fitch affirmed the Insurer Financial Strength (IFS) ratings of various Cigna subsidiaries at 'A'. The Rating Outlooks are Stable. A complete list of rating actions follows below. Overall, Fitch has a favorable view of this transaction because it effect
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