Hartford Financial Services News

The Hartford to Buy Aetna Group Life, Disability Business for $1.45 Billion

The Hartford has agreed to acquire Aetna’s U.S. group life and disability business for cash consideration of $1.45 billion. This acquisition enhances The Hartford’s group benefits distribution capabilities and accelerates the company’s technology strategy, according to the announcement. “The transaction …

Hartford to Sell Japan Operation to Orix in $895 Million Deal

Hartford Financial Services Group Inc. agreed to sell its Japanese operation to Orix Corp. as Chief Executive Officer Liam McGee narrows the U.S. insurer’s focus. Orix will pay about $895 million for the business, which sold retirement products in Japan …