
Insurance
OnePath put on negative credit watch following sale
Wednesday 5th of December 2018
ANZ sold OnePath to Cigna Life this month and at the same time Cigna’s parent company is proposing to acquire pharmacy benefit manager Express Scripts (ESI).
The agency says that after regulatory approvals are granted for the Cigna ESI merger, it may downgrade Cigna's insurance operating companies to 'A' from 'AA-', and subsequently OnePath from ‘A+'...
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