Comment on Hartford Financial exiting annuity business

Hartford Financial exiting annuity business

Hartford Financial exiting annuity business (AP) — Hartford Financial Services Group Inc. is exiting the annuity business so it can focus on its property and casualty insurance, group benefits and mutual funds businesses. The announcement on Wednesday comes a little over a month after hedge fund manager John Paulson urged Hartford to spin off its property and casualty insurance business.

 

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