Hartford Life Ltd (HLL), the European subsidiary of US insurance and investment firm Hartford Life, has received an AA financial strength rating from Standard & Poor's (S&P). HLL launched into the UK market last week with its sole product, a unit-linked bond aimed at the retirement and long-term savings market featuring underlying funds from Fidelity, Schroders, Invesco Perpetual, Investec, New Star and BGI. According to S&P, the outlook for the firm is stable and the rating is based primarily on a support agreement from Hartford's parent company, which has already established itself as a...
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