not surprised that hartford can't make money in the life business
management hasn't had control over the life business for years. i've seen unbelievable waste in the life business. for example, the company pays its lawyers hundreds of thousands of dollars to waste monies trying to block the sale of structured settlements. hogan & lovell has a meal ticket. the board is oblivious.
Back in the early 2000 when I was in International PC they sold good money making and clean operations in the UK, Netherlands, etc. to focus on the darling at that time, the Life Co, and looked where it got them, tons of eggs on their faces.