Investor Group completed the acquisition of Talcott Resolution.

Investor Group, including Cornell Capital, Atlas Merchant Capital, TRB Advisors, Global Atlantic Financial Group, Pine Brook and J. Safra Group completed the acquisition of Talcott Resolution, a life insurance and annuity company. Financial terms were not disclosed. "We are pleased to have successfully completed this acquisition," said Richard Carbone, Chairman and Independent Director of Talcott Resolution. "In addition to continuing to manage the Company's existing businesses, we expect that over time Talcott Resolution will explore opportunities to acquire legacy blocks from other insurers, enter into reinsurance agreements and evaluate the potential to be a service provider for the life and annuity insurance industry."