Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards

Life Health > Life Insurance

Week in Pictures | March 23, 2012

Your article was successfully shared with the contacts you provided.

The Hartford announces that it will exit the life insurance and annuities business, Paul Ryan rolls out another budget plan and Mitt Romney may have finally locked up the Republican nomination with a win in Illinois. This and more in this week’s Week in Pictures. 


In this file photo, U.S. Supreme Court justices pose for a photo at the Supreme Court in Washington. Four Republican-appointed justices, front row from left, Antonin Scalia, Chief Justice John Roberts, Anthony M. Kennedy and top right, Samuel Alito Jr., control the fate of President Barack Obama’s health care overhaul. Arguments will be heard on Monday, Tuesday and Wednesday of next week. For the law to stand only one of the four needs to decide that it, and its centerpiece of requiring almost every American to buy insurance or pay a penalty, passes constitutional muster. At top left is Justice Stephen Breyer. (AP Photo/Pablo Martinez Monsivais,File)

Sen. Jeff Session, R-Ala., ranking Republican on the Senate Budget Committee, right, accompanied by House Budget Committee Chairman Rep. Paul Ryan, R-Wis., speaks about Ryan’s budget plan during a news conference on Capitol Hill in Washington, Tuesday, March 20, 2012. (AP Photo/Jacquelyn Martin)

Headquarters of Deutsche Bank AG in Frankfurt. The German bank disclosed a restructuring of its U.S. subsidiary, Tannus Corp., so that it will not be classified as a bank holding company anymore and therefore will not have to comply with provisions included in the Dodd-Frank regulatory-overhaul law that would have required it to meet the same capital requirments that U.S. banks must meet. 

Republican presidential candidate, former Massachusetts Gov. Mitt Romney reacts while greeting supporters at a rally in Schaumburg, Ill., after the winning the Illinois Republican presidential primary, Tuesday, March 20, 2012. (AP Photo/Steven Senne)

French firefighters leave after a police assault on a suspected Islamic extremist holed up in an apartment in Toulouse, southwestern France, Thursday, March 22, 2012. Mohamed Merah, who boasted of killing seven people to strike back at France, died Thursday after jumping from his window, gun in hand, in a fierce shootout with police, a French minister said. (AP Photo/Bob Edme)


A Syrian army soldier, left, kisses Gregarious Laham, Patriarch of Antioch and the whole East for the Romans Catholics, right, during a candlelight vigil after a mass prayer for the civilian citizens and security officers who were killed during the last two explosions that attacked Syrian security departments last Saturday, in Damascus, Syria, on Wednesday March 21, 2012. The previously divided U.N. Security Council sent a strong and united message to the Syrian government and opposition on Wednesday to immediately implement proposals by international envoy Kofi Annan to end the yearlong bloodshed. (AP Photo/Muzaffar Salman)


The Hartford Insurance Group announced on Wednesday, March, 21 that is exiting its life business in order to concentrate on its stronger property and casualty and casualty operations. The company also said it is seeking to find a buyer for the remainder of its life operations but until then, it will continue to sell life products. The decision is a capitulation to hedge fund manager John Paulson.


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.