The Rating Watch-Down status on the ‘A+’ senior debt rating and ‘A’ quarterly income preferred security rating (the trust preferred security rating) of Hartford Financial Services Group Inc. (HFSG) was maintained by Duff & Phelps Credit Rating Co. (DCR) following HIG’s announced agreement to acquire publicly owned shares of Hartford Life Inc. DCR indicated that once final financing terms are determined, it will revisit its Rating Watch on HIG.
S&P also affirmed its ratings on HFSG and related entities. The outlook is negative.
Was this article valuable?
Here are more articles you may enjoy.
Carnival Cruise Line Wins New Trial After $10M Verdict in Sex Assault Suit 
World Inches Toward Catastrophic Climate Events: ‘Bigger Shocks Are On the Way’ 
Nuclear Verdicts Go Boom, Increase 40.7% in 2025 
Glacier Collapse Behind Nepal Flood Shows Region’s Climate Risk From This Issue
