CIGNA Recognized by The Black Collegian Magazine

CIGNA Recognized by The Black Collegian Magazine

May 19, 2000

CIGNA was named one of the “Top 100

Employers” by The Black Collegian magazine in the publication’s annual

ranking. The list is comprised of companies who hire the most college

graduates.

CIGNA projected a total of 308 hires from the college ranks this year,

enough to lead its category (Health Administration/Management) in The Black

Collegian’s ranking. Overall, CIGNA placed 45th on the list. This year marks

the 9th year CIGNA has been ranked by the publication.

“We are pleased to have made the list again this year,” said Andrew Adams,

CIGNA’s Assistant Vice President of University Relations. “CIGNA is a company

that offers a multitude of career opportunities and we are committed to

attracting the best and the brightest graduates.”

Surveying major employers in various industries, The Black Collegian

retained the accounting and consulting services firm Deloitte & Touche LLP to

facilitate the study. According to the study, employers forecast a

10-15 percent increase in the number of job opportunities for the Class of

2000. It also indicated a 3-4 percent increase in starting salaries.

The 29-year-old The Black Collegian magazine is distributed to 800

campuses nationwide, primarily through the career planning and placement

office. The magazine targets African-American students seeking information

about careers and self-development. The Western College Placement Association

ranks The Black Collegian the number one career opportunities magazine.

CIGNA Corporation’s (NYSE: CI) subsidiaries are leading providers of

employee benefits in the United States and serve selected international

markets. Their products and services include managed and indemnity health

care coverage; group life, accident and disability insurance; retirement

services; and investment management. As of December 31, 1999, CIGNA

Corporation had consolidated revenues of $18.8 billion, consolidated assets of

$95.3 billion and shareholders’ equity of $6.1 billion.