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Cigna CI Short Duration Contracts — Premiums

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Other financials

Income statement

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Revenue$71.7B+6.7%
Gross profit$15.0B+7.6%
Operating income$2.7B+16.0%
Net income$1.7B+1.7%
EPS (diluted)$6.29+10.2%

Balance sheet

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Cash & equivalents$6.3B+45.5%
Total debt$31.9B
Total equity$42.6B+6.0%
Total assets$157.08B+3.6%

Cash flow

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Operating cash flow$1.1B-41.1%

Valuation

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Market cap$71.48B-0.8%
Enterprise value$97.06B
P/E11.5×-1.9×
P/S0.3×0.0×

Profitability

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Gross margin20.6%-3.7pp
Operating margin3.5%+0.1pp
Net margin2.2%+0.1pp
FCF margin5.5%

Returns & leverage

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Return on equity15%+1.8pp
Debt / equity0.7×
Current ratio0.8×+0.1×

Where this comes from

Reported directly by Cigna in its filing.

Tagged under the XBRL concept us-gaap:PremiumsEarnedNet.

The source filing: Cigna’s 10-K, filed February 26, 2026.

Filed
Feb 26, 2026, 12:08 PM EST
Fiscal year
FY2025
Accession
0001739940-26-000006

Net short-duration contract premiums (direct, assumed and ceded) were $39.3 billion, $43.9 billion and $42.3 billion for the years ended December 31, 2025, 2024 and 2023, respectively. Net long-duration contract premiums (direct, assumed and ceded) were $1.0 billion, $2.0 billion and $1.9 billion for the years ended December 31, 2025, 2024 and 2023, respectively. Reinsurance recoveries of $671 million, $573 million and $456 million as of December 31, 2025, 2024 and 2023, respectively, have been netted against Medical costs and other benefit expenses in the Company’s Consolidated Statements of Income.

Item 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is Cigna's short duration contracts — premiums?
Cigna (CI) reported short duration contracts — premiums of $9.83B in Q4 2025.
How has Cigna's short duration contracts — premiums changed year-over-year?
Cigna's short duration contracts — premiums decreased by 10.5% year-over-year, from $10.98B to $9.83B.
What is the long-term trend for Cigna's short duration contracts — premiums?
Over 4 years (2021 to 2025), Cigna's short duration contracts — premiums has grown at a 1.7% compound annual growth rate (CAGR), from $36.7B to $39.3B.
What does short duration contracts — premiums mean?
This metric represents the total revenue generated from insurance contracts with a coverage period typically lasting one year or less, such as accident and health policies. It serves as a primary indicator of the scale and market demand for the company's short-term risk-bearing products. Monitoring this figure helps investors assess the stability and growth trajectory of the company's core insurance underwriting business.

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