Archive for April 1st, 2012

Aetna to Exit Health Insurance Market

Sunday, April 1st, 2012

Aetna to announce plans to exit the health insurance market by 2013, citing increasing government mandates. Aetna’s core strategies will focus on property & casualty lines through aquisition of Sumpter Re and other global reinsurance carriers for additional capacity. Aetna’s announcement came a day after Humana’s health insurance exit strategy was clarified in a Humana press release.