Hartford Frustrated in Bid to Acquire

Hartford Financial Services Group Inc, the fourth-largest U.S. insurer by assets, would like to acquire companies in North America but is finding it hard to identify willing sellers.

Hartford's chief executive Ramani Ayer told the Reuters Finance Summit in New York on Monday that his firm is keen to buy in several product areas including the 401(k) retirement and group benefit sectors.

Ayer said Hartford and other big insurers are keen to buy, but smaller

Hartford Frustrated in Bid to Acquire
Source: Reuters