Exhibit 12     

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

	Year ended December 31,
	2002			2001			2000		1999		1998
Income (loss) from continuing operations
before income taxes (benefits)	$	(569	)	$	1,469		$	1,487	$	1,224	$	1,841
Adjustments:
Loss (income) from equity investees		4			(79	)		-		-		-
Minority interest		-			-			53		31		-
Income (loss) from continuing operations before
income taxes (benefits), as adjusted	$	(565	)	$	1,390		$	1,540	$	1,255	$	1,841
Fixed charges included in income:
Interest expense	$	121		$	118		$	104	$	116	$	126
Interest portion of rental expense		52			50			43		50		62
		173			168			147		166		188
Interest credited to contractholders		1,036			1,071			1,017		975		1,002
	$	1,209		$	1,239		$	1,164	$	1,141	$	1,190
Income available for fixed charges
(including interest credited to
contractholders)	$	644		$	2,629		$	2,704	$	2,396	$	3,031
Income available for fixed charges
(excluding interest credited to
contractholders) (1)	$	-		$	1,558		$	1,687	$	1,421	$	2,029
RATIO OF EARNINGS TO FIXED CHARGES:
Including interest credited to
contractholders(1)		-			2.1			2.3		2.1		2.5
SUPPLEMENTAL RATIO:
Excluding interest credited to
contractholders(1)		-			9.3			11.5		8.6		10.8

(1) Due to the loss in 2002, the ratio coverage was less than 1:1. CIGNA must generate additional earnings of $565 million to achieve a coverage of 1:1.