New Structure for Hartford Life

Hartford Financial Services Group Inc. has realigned its life operations into four market groups.

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John C. Walters, the president and chief operating officer of Hartford Life, will continue to oversee that business and its four new market groups: individual, employer, institutional, and international.

Mr. Walters also will lead a newly combined team that will oversee technology and services for the Simsbury, Conn., parent company's distributors and customers.

Previously, Hartford Life had two product-focused groups: U.S. wealth management and international wealth management and group benefits.

Hartford Life's assets under management rose 10% from a year earlier, to $370 billion as of March 31.

The new structure was announced last week.

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