NU Online News Service, April 24, 11:49 a.m. EDT
Hartford Financial Services Group could possibly sell its property-casualty insurance operations for up to $7 billion, according to a UBS analysis issued after reports that the company is shopping the property.
But Andrew Kligerman, managing director for UBS Investment Research, Life Insurance in New York, also called such a sale unlikely if the group is successful in obtaining Troubled Assets Relief Program (TARP) funds from the government.
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