Friday, May 01, 2009
Hartford suspends variable annuity business in the UK
The Hartford has revealed it is to suspend all sales in the UK including variable annuity business as it posted a £818m loss in the first quarter across the global group.
The firm says the move will result in "significant" redundancies. The UK head count currently stands at 153, while Europe-wide there are 380 staff members.
The Hartford is also pulling out of writing variable annuity business in Japan and has abandoned plans to launch in Germany...
Money Marketing UK: Hartford suspends variable annuity business in the UK
The firm says the move will result in "significant" redundancies. The UK head count currently stands at 153, while Europe-wide there are 380 staff members.
The Hartford is also pulling out of writing variable annuity business in Japan and has abandoned plans to launch in Germany...
Money Marketing UK: Hartford suspends variable annuity business in the UK
Permalink posted by markw @ 5:19 AM 
 |
 |  |
  |
