Prudential (PRU) has emerged as the lead bidder for Hartford Financial's (HIG) individual life...

|About: Prudential Financial, Inc. (PRU)|By:, SA News Editor

Prudential (PRU) has emerged as the lead bidder for Hartford Financial's (HIG) individual life insurance business, which may sell for ~$1B, Bloomberg reports. HIG has been divesting units after stakeholder John Paulson pressured it to improve results by narrowing its focus to property-casualty coverage. HIG +1.5% AH.