HARTFORD, Conn. The Hartford Financial Services Group Inc. has completed the sale of its Hartford Seguros subsidiary in Bilbao, Spain, to Liberty Mutual Groups Liberty International subsidiary.
The Hartford, which is shifting its international strategy to emphasize growth opportunities in the asset management business in Latin America and Asia, did not give the price of the deal with Boston-based Liberty.
The sales completion was announced last week.
The Hartford, one of the nations financial services companies, provides investment products, life insurance, employee benefits, automobile and homeowner insurance, commercial property and casualty insurance, and reinsurance.