US insurer Cigna sees strong growth in Hong Kong and all international markets as health concerns persist after pandemic

Since the Covid-19 pandemic began, Cigna has achieved double-digit growth across all of its international markets

‘Opportunities in the Greater Bay Area will promote the city’s insurance industry to grow for some time,’ says company’s international president

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People cross a road near the Mong Kok market in Hong Kong on May 29, 2023. Photo: Sam Tsang

Published: 9:30am, 12 Jun 2023Updated: 4:33pm, 12 Jun 2023

The increased emphasis on health that people adopted during the Covid-19 pandemic is translating into a sustained lift in insurance sales even though life has returned mostly to normal, according to US-based insurer Cigna.

The company has seen strong growth in Asia and other international markets in recent years, which shows no sign of slowing even as Covid-19 fades out as a daily concern.

“One of the positives that came out of Covid was that it significantly increased people’s awareness about the importance of looking after their health,” Jason Sadler, the company’s president of international markets, said in an exclusive interview with the Post.

“Here in Hong Kong we have continued to see very attractive growth opportunities.”

Jason Sadler, president international markets with Cigna, speaks during an interview in Kwun Tong on June 1, 2023. Photo: Edmond So

Cigna, headquartered in Bloomfield, Connecticut, offers medical insurance and other healthcare services. With 189 million customers worldwide, it has operated in 30 international markets including Hong Kong for 90 years and has had a mainland joint venture with China Merchants Bank called Cigna-CMB since 2003.

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