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The Hartford dropping annuities, to focus on property-casualty sales
The Hartford is giving up on individual annuities, saying it will run-off its individual annuity business and either sell or seek other alternatives for its individual life, financial services and...
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The Hartford in talks to sell Woodbury Financial unit to AIG
Hartford Financial Services Group is negotiating to sell its independent broker-dealer business, Woodbury Financial Services, to American International Group. The Wall Street Journal and Investment...
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Prudential to pay $615 million for Hartford’s life insurance arm
The Hartford Financial Services Group signed a definitive agreement to sell its individual life insurance arm to Prudential Financial Inc. for cash consideration of $615 million, company executives...
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Hartford closes life, retirement deals with Prudential, MassMutual
The Hartford has completed the $615 million sales of its individual life insurance unit to Prudential Insurance. Prudential made the acquisition through a reinsurance transaction announced last...
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