The Hartford Completes Sale of Woodbury Financial Services to AIG
HARTFORD, Conn. -- December 03, 2012
The Hartford today announced that it has completed the sale of Woodbury
Financial Services to American International Group, Inc. The transaction is
not expected to have a material impact on The Hartford’s financial results.
Woodbury Financial Services is a top 15 independent broker-dealer with
approximately 1,400 registered representatives. The firm is based in Oakdale,
About The Hartford
The Hartford Financial Services Group Inc. (NYSE: HIG) is a leading provider
of insurance and wealth management services for millions of consumers and
businesses worldwide. The Hartford is consistently recognized for its superior
service, its sustainability efforts and as one of the world's most ethical
companies. More information on the company and its financial performance is
available at www.thehartford.com.
Some of the statements in this release may be considered forward-looking
statements as defined in the Private Securities Litigation Reform Act of 1995.
We caution investors that these forward-looking statements are not guarantees
of future performance, and actual results may differ materially. Investors
should consider the important risks and uncertainties that may cause actual
results to differ. These important risks and uncertainties include those
discussed in our Quarterly Reports on Form 10-Q, our 2011 Annual Report on
Form 10-K and the other filings we make with the Securities and Exchange
Commission. We assume no obligation to update this release, which speaks as of
the date issued.
Shannon Lapierre, 860-547-5624
Robert DeMallie, 860-843-5215
Sabra Purtill, 860-547-8691
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