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

	Nine Months Ended September 30,
	2002			2001
Income (loss) before income taxes (benefits)	$	(628	)	$	1,216
Adjustments:
Loss (income) from equity investee		3			(47	)
Income (loss) before income taxes (benefits), as adjusted	$	(625	)	$	1,169
Fixed charges included in income (loss):
Interest expense	$	90		$	88
Interest portion of rental expense		45			38
		135			126
Interest credited to contractholders		781			802
	$	916		$	928
Income available for fixed charges (including interest
credited to contractholders)	$	291		$	2,097
Income available for fixed charges (excluding interest
credited to contractholders) (1)	$	-		$	1,295
RATIO OF EARNINGS TO FIXED CHARGES:
Including interest credited to contractholders (1)		-			2.3
SUPPLEMENTAL RATIO:
Excluding interest credited to contractholders (1)		-			10.3

(1) Due to the loss in 2002, the ratio coverage was less than 1:1. CIGNA must
generate additional earnings of $625 million to achieve a coverage of 1:1.