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All About Annuities » Hartford

Hartford offers to buy back old fixed annuities; about 90000 contracts affected

Hartford offers to buy back old fixed annuities; about 90000 contracts affectedNews from InvestmentNews: Bloomberg News The Hartford Financial Services Group Inc. will offer a buyback of its old fixed annuities. The insurer has been working toward shrinking the size of its legacy annuity block since March 2012, back when it announced that it would [...]

Hartford Rallies as McGee’s Focus Turns to Annuities

Hartford Rallies as McGee’s Focus Turns to AnnuitiesNews from Businessweek: Hartford Financial Services Group Inc. (HIG), the insurer selling units to focus on property-casualty coverage, climbed to a six-month high as Credit Suisse Group AG (CSGN) said it can free capital that’s backing variable annuities. Hartford gained 2.2 percent to close at $ 21.20 in [...]

MetLife, Pru, Hartford Discuss Annuities in Earnings Calls

MetLife, Pru, Hartford Discuss Annuities in Earnings CallsNews from LifeHealthPro: Photo credit: photoholic Three major insurers held their second-quarter earnings calls yesterday and while the financials varied for each, variable annuities played a part in the discussions. The comments, even when the results seemed positive, underscore the difficulty of insuring annuity products in today’s economic [...]

Forethought at forefront as RJ pulls plug on Hartford annuities

Forethought at forefront as RJ pulls plug on Hartford annuitiesNews from InvestmentNews: Now that The Hartford Financial Services Group Inc. has decided to sell its annuity operations to Forethought Financial Group, Raymond James is dropping Hartford annuities as one of its sales options Advertisement Related to this story Scott Stolz, president of Raymond James Insurance [...]

Hartford selling its units that market annuities

Hartford selling its units that market annuitiesNews from BusinessWeek: order a reprint digg this save to del.icio.us … Read the full article Related News:

After bailing on annuities, The Hartford looks to pump up its mutual funds

After bailing on annuities, The Hartford looks to pump up its mutual fundsNews from InvestmentNews: (Photo: Bloomberg News) Despite throwing in the towel on several of its operations, executives at The Hartford Financial Services Group Inc. think the carrier can increase its mutual fund assets by double digits annually. And that’s a big part of [...]

Hartford Says Slump Fuels $500 Million Cost on Annuities, Retirement Plans

Hartford Says Slump Fuels $ 500 Million Cost on Annuities, Retirement PlansNews from Bloomberg: Oct. 6 (Bloomberg) — Hartford Financial Services Group Inc. (HIG), the seller of life insurance and property-casualty coverage, said market slumps and declines in customer retirement accounts cost the company about $ 500 million last quarter. The stock fell in New [...]

Hartford re-enters structured settlement annuities

Hartford re-enters structured settlement annuities News from BusinessWeek: HARTFORD, Conn. The Hartford Financial Services Group Inc. said on Tuesday that it is re-entering the structured settlement annuity market as part of a broader strategy to expand its annuity business. The company’s Hartford Life Insurance Co. unit is issuing a structured settlement fixed annuity that provides [...]

Hartford re-enters structured settlement annuities

Hartford re-enters structured settlement annuities News from Forbes:Associated Press, 08.23.11, 11:38 AM EDT HARTFORD, Conn. — The Hartford Financial Services Group Inc. said on Tuesday that it is re-entering the structured settlement annuity market as part of a broader strategy to expand its annuity business. The company’s Hartford Life Insurance Co. unit is issuing a [...]