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By Michael Stanley, Phil Gusman, PropertyCasualty360.com |
February 24, 2012
If the Hartford decides to split its P&C and Life operations, as proposed by a hedge-fund manager who owns an 8.4 percent stake in the company, the P&C operations would have a more favorable credit outlook than would the Life operations alone, according to Moody’s Investors Service.
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By Michael Stanley |
February 21, 2012
If Hartford Financial were to split in two the outcome would have positive credit implications for the property and casualty (P&C) insurance group and negative credit implications for the life insurance group. The main reason for the difference, according to Moody’s Weekly Credit Outlook is that the life group depends...