Posts Tagged
The Hartford
Hartford Names Sean Genden Head of International Insurance
Sean Genden has been named Head of International Insurance at Hartford, Connecticut, USA-based investment and insurance company The Hartford. Prior to this he was with Travelers for 28 years in roles such as International Business Insurance Segment Leader. Previously, he served as Chief Executive Officer, Europe and earlier as Chief Operating Officer for Travelers Europe. In an executive capacity he served as an Executive Board Member of both Travelers
Hartford acquires Aetna’s US Group Life and Disability for $1.45bn
Aetna in November 2017 sold its group life and disability insurance and absence management business to The Hartford for $1.45bn. Life and disability was the only non-health insurance related part of the business remaining after Aetna cut its property casualty insurance business in the mid-1990s. It only brought in about $2bn in premiums in 2016, while Aetna recorded $63.1bn in total revenue, and healthcare premium revenues reached $54.1bn. The