The latest reports in the greater press hold that Hartford Financial Services Group Inc. will retain its life and property & casualty insurance business units, according to a published report Monday.
Bloomberg News yesterday quoted an internal memo it obtained in which the company in which CEO Ramani Ayer told employees that, "The best way to deliver long-term value to our shareholders is to return to our historical strengths as a U.S.- centric insurance company, with a focus on our strong portfolio of protection businesses, primarily property and casualty, group benefits and life."
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