Talcott Financial Group is a life insurance and annuity company that operates as a strategic risk partner for the U.S. life and annuity industry. The company was established in 2018 with the acquisition of The Hartford's runoff life and annuity businesses. Its core mission is to provide capital, risk, and expense management solutions to other insurers by acquiring or reinsuring their blocks of life and annuity policies. This allows the original insurers to free up capital and focus on their core growth strategies, while Talcott specializes in the efficient and stable long-term management of these policy blocks. The company is principally owned by a consortium of investors led by Sixth Street.

Founded in

United States