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Prudential (PRU) closes on its purchase of Hartford's (HIG) Individual Life Insurance business 3...
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Wednesday, January 2, 4:27 PM ETPrudential (PRU) closes on its purchase of Hartford's (HIG) Individual Life Insurance business 3 months after the initial announcement. The transaction consists of Prudential paying $615M to Hartford and reinsuring about 700K of its life insurance policies with face amount of approximately $135B. (PR)
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