Cigna has received approval to open a branch in Saudi Arabia, International Adviser reported Feb. 7.
Cigna is the first foreign insurer to be granted a license to open a branch in the country, according to the report.
Jerome Droesch, chief executive of domestic health and health services at Cigna International Markets, said the move is a milestone for the company and represents "an exciting step along our growth journey in the kingdom and the region."