The Hartford explores sale of $4.7bn VA unit

The Hartford has called in investment bankers to run a process for
its run-off variable annuity business Talcott Resolution,
The Insurance Insider can reveal.Sources told this publication that JP Morgan has been retained to
run the process for the unit, which has $4.7bn of statutory
surplus.Some investment banking sources are sceptical that it will result
in a sale, arguing that The Hartford is effectively carrying out a
valuation exercise.Others, however, believe that following a period of orde