Hartford Unloads Japan Operations for $895M

Hartford Financial Services Group Inc. agreed to sell its Japanese operation to Orix Corp. as Chief Executive Officer Liam McGee narrows the U.S. insurer's focus. Orix will pay about $895 million for ...

XL Group Opening Re Office in Dubai

XL Group's reinsurance segment is setting up new operations in Dubai, UAE, to serve the MENA market, XL announced Wednesday. The Dubai operation will serve as a regional hub. XL also announced the ...