The Hartford

The capital of Connecticut financial Services cluster opposition typically remarked because the capital of Connecticut, is also a United States-based investment and nondepository financial institution that is an area of the Fortune 5 hundred list. Headquartered in capital of Connecticut, Connecticut, The Hartford's 2013 revenues were $26.2 billion. The company’s earnings unit of measurement divided between property and casualty operations cluster edges and mutual funds
The capital of Connecticut is that the 12th-largest property & casualty company inside the u.  s. The capital of Connecticut sells its merchandise primarily through a network of agents and brokers and has been the direct machine and residential insurance author for members of association erstwhile the yank Association of Retired Persons for over twenty 5 years.
The company's product offerings include:
• Auto and homeowners' insurance
• Business insurance, along with workers' compensation, auto, property, general and mean liability
• Employee edges, along with incapacity, life & accident and human health
• Mutual funds sub-advised by Wellington Management
Acquisitions, divestitures and connected changes
• 1913: formed the capital of Connecticut Accident and Indemnity Company to provide an oversized quite quantity, along with accident, automobile-liability, personal-damage, business-interruption and plenty of.
• 1959: distended into the life-insurance business by exploit The Columbian National insurance Company in Hub of the Universe, Massachusetts.
• 1970: The capital of Connecticut was learned by ITT Corporation for $1.4 billion at the time the foremost necessary company takeover in yank history. The combined company was renamed ITT-Hartford cluster, Inc.
• 1995: ITT set to contour its operations and unleash variety of its subsidiaries, and thus the capital of Connecticut became degree freelance entity everywhere once more, commerce on the massive apple exchange below the image HIG
• 1997: changed name from ITT-Hartford cluster, Inc. to the capital of Connecticut financial Services cluster, Inc., associate degreed to boot issued AN mercantilism for its capital of Connecticut Life business below the ticker image HLI
• 2000: Reacquired all the shares of capital of Connecticut Life HLI was delisted from the massive apple exchange in 2006.
• 2004: Purchased the cluster edges Division of CNA financial. The division was based in Chicago, Illinois
• March 2012: declared it'd target property and casualty insurance, cluster edges and mutual funds, and would sell its wealth management businesses
• 2013: sold-out  its insurance business to prudent, retirement plans to MassMutual, and a principal to AIG
• 2014: sold-out  its Japan annuities business to Orix insurance firm.