Hints and tips:
...Peter Manley will specialise on insurance, and was previously at Talcott and JPMorgan. Mark Karasik will focus on asset and wealth managers, and comes from Moelis, DD is first to report....
...The disposal leaves The Hartford, whose history stretches back to 1810, focused on property casualty insurance and employee benefits....
...And just before the end of the year, Bob Diamond’s Atlas Merchant Capital paid $2bn for Talcott, a run-off annuity business....
...It will complete our exit from the run-off life and annuity businesses and strengthen our focus on growing our market-leading property and casualty, group benefits and mutual funds businesses....
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