Hartford Group to Transfer 29% of Pension Liabilities to Pru

Insurer Hartford Financial Services Group Inc. said on Monday it would transfer $1.6 billion, or 29 percent, of its pension liabilities to Prudential Financial Inc. Hartford is the latest U.S. firm to transfer its pension obligations as rising interest rates …

from News – Insurance Journal http://ift.tt/2s93gzU
via IFTTT