Among the characteristics that make the insurance business the granddaddy of financial services: Insurers are keen to the evolving needs of their clients and the way an ever-changing world impacts their business. Here, property and casualty insurance professionals will find valuable news and information for their specialty market clients.
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 Moodys Weekly Credit Outlook is that the life group depends...
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