NU Online News Service, Feb. 17, 8:42 a.m. EST

If the Hartford decides to split its property and casualty and life operations, as proposed by a hedge fund manager who owns an 8.4 percent stake in the company, insurer financial strength ratings could be affected depending on how each entity holds up to an analysis, says Fitch Ratings.

“While we do not speculate on the likelihood of a split occurring, Fitch would review any announced transaction for its impact on the credit quality and financial strength of the resulting company structure,” the ratings agency says in a statement.

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