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PA Bulletin, Doc. No. 99-332


Application for Acquisition of Stock of Pennsylvania Domiciled Subsidiaries of CIGNA Corporation

[29 Pa.B. 1144]

   ACE Limited has filed an application to acquire 100% of the issued and outstanding voting securities of INA Corporation which is the indirect parent of and holds indirectly all of the issued and outstanding voting securities of the following Pennsylvania domestic insurers: Bankers Standard Fire and Marine Company, Bankers Standard Insurance Company, Century Indemnity Company, Century Reinsurance Company, CIGNA Employers Insurance Company, CIGNA Fire Underwriters Insurance Company, CIGNA Indemnity Insurance Company, CIGNA Insurance Company, CIGNA Reinsurance Company, INA Surplus Insurance Company, Indemnity Insurance Company of North America, Insurance Company of North America and Pacific Employers Insurance Company. The filing was made under the requirements set forth under the Insurance Holding Company Act (40 P. S. § 991.1402 et seq.).

   Persons wishing to comment on the acquisition are invited to submit a written statement to the Insurance Department within 30 days from the date of this issue of the Pennsylvania Bulletin. Each written statement must include the name, address and telephone number of the interested party, identification of the application to which the statement is addressed, and a concise statement with sufficient detail and relevant facts to inform the Insurance Department of the exact basis of the statement. The Department will acknowledge all comments received but will not provide a response or explanation to questions posed. All comments received will be shared with ACE Limited, which will provide a response if appropriate.

   Written statements should be directed to Cressinda Bybee, Insurance Company Licensing Specialist, Insurance Department, 1345 Strawberry Square, Harrisburg, PA 17120; fax (717) 787-8557; e-mail http://www.cbybee@

Insurance Commissioner

[Pa.B. Doc. No. 99-332. Filed for public inspection February 26, 1999, 9:00 a.m.]

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