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The Hartford withdraws from UK life market

Life insurance

US financial giant The Hartford is suspending selling new insurance and investment policies in the UK as a result of the continued financial turmoil.

 

The London-based sales and marketing operations of Hartford Life, its UK subsidiary, will close in the coming months.

 

Sales of products in the UK will cease on 8 May.

 

Suspension is a polite word for closing and leaving the UK, it is not temporary.

   

Life insurance: News update: 02/05/2009

 

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