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The Hartford will pay Aetna cash consideration of $1.45 billion, primarily comprised of a ceding commission, to be paid by Hartford Life & Accident Insurance Company, the primary Group Benefits insurance operating subsidiary of The Hartford. Hartford Life & Accident will reinsure on an indemnity basis Aetna’s book of group life and disability insurance, which had premiums of approximately $2 billion in 2016. (Photo: iStock)

The power to fuse data and analytics from The Hartford, one of the country’s leading writers of workers’ compensation policies, and Aetna, one of the country’s leading health and disability insurance providers, largely drove a $1.45 billion deal between the two companies that was announced today.

Elana Ashanti Jefferson

Managing Editor Elana Ashanti Jefferson is a veteran journalist and communications professional. She can be reached by sending email to ejefferson@alm.com.

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