CIGNA CORPORATION	EXHIBIT 12
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in millions)

	Six Months Ended June 30,
	2002		2001
Income before income taxes	$	656	$	805
Adjustments:
Loss (income) from equity investee		1		(29	)
Income before income taxes, as adjusted	$	657	$	776
Fixed charges included in income:
Interest expense	$	61	$	59
Interest portion of rental expense		29		25
		90		84
Interest credited to contractholders		528		532
	$	618	$	616
Income available for fixed charges (including interest
credited to contractholders)	$	1,275	$	1,392
Income available for fixed charges (excluding interest
credited to contractholders)	$	747	$	860
RATIO OF EARNINGS TO FIXED CHARGES:
Including interest credited to contractholders		2.1		2.3
SUPPLEMENTAL RATIO:
Excluding interest credited to contractholders		8.3		10.2