New York, February 05, 2013 -- Moody's Investors Service has affirmed the Baa2 senior debt rating of CIGNA Corporation (CIGNA; NYSE:CI) and the A2 insurance financial strength (IFS) ratings of its operating subsidiaries (see list below) with a stable outlook following the announcement that it had entered into a definitive agreement with Berkshire Hathaway Life Insurance Company of Nebraska ("Berkshire Life") and National Indemnity Company (Aa1 IFS), the parent of Berkshire Life ("NICO"). Under the agreement Berkshire Life will reinsure CIGNA's run-off Guaranteed Minimum Death Benefits (VADBe) and Guaranteed Minimum Income Benefits (GMIB) businesses. The total reinsurance premium to be paid by CIGNA is $2.2 billion, with one third of the amount paid at the time of the announcement and the balance to be paid during the period ending April 30, 2013.

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