Hartford Financial Services Group Inc. warrants climbed to twice the price they sold for in a U.S. Treasury Department auction three years ago, benefiting investors such as Bruce Berkowitz and John Paulson.
Liam McGee, who led a rebound at Hartford Financial Services Group Inc. after shunning John Paulson’s call to split the insurer, said executives shouldn’t be defensive when handling activist investors.
Hartford Financial Services Group Inc. and CNO Financial Group Inc. led a rally of U.S. insurers after posting profit that beat analysts’ estimates, benefiting investors including John Paulson who has stakes in both.
Hartford Financial Services Group Inc. Chief Executive Officer Liam McGee , who promised to reduce risk when the bailed-out insurer hired him eight months ago, is comfortable enough with his work that he’s looking for deals in the U.S. property market.
Hartford Financial Services Group Inc. Chief Executive Officer Liam McGee, the ex-banker hired in 2009 to restore profits, is resisting renewed pressure from Wall Street to split apart the 201-year-old insurer.
Hartford Financial Services Group Inc. , the insurer that sold commercial mortgage assets after more than $1 billion of writedowns since the end of 2007, may increase its real-estate holdings amid signs of a rebound.