Hartford Buys Kemper Group Captives Business

The Hartford Financial Services Group (NYSE: HIG) yesterday purchased renewal rights to a significant portion of the Kemper Insurance Companies group captives business. "The Hartford already is a leading player in this arena," said Greg Berg, head of alternative markets, The Hartford. "The Kemper captives are similar to The Hartford's existing alternative risk offerings and will increase The Hartford's share of this specialized market.""The tight commercial insurance market and difficulty some companies are having in obtaining the amount of insurance they want at an affordable price have incre...