1 EXHIBIT 21 SUBSIDIARIES OF HARTFORD LIFE, INC. JURISDICTION NAMES UNDER OF WHICH COMPANY COMPANY NAME INCORPORATION DOES BUSINESS - ------------ ------------- ------------- American Maturity Life Insurance Company (60%) Connecticut "AML" AML Financial, Inc. Connecticut n/a Brazilcap Capitalizacao S.A. (17%) Brazil n/a Consultora de Capitales S.A. Sociedad Gerente De Fondos Corriunes De Enversion (50%) Argentina n/a Federal Capitalizacao S.A. (24.5%) Brazil n/a Galicia Vida Compania de Seguros S.A. (40%) Argentina "Galica Vida" Hartford Advisers HLS Fund, Inc. Maryland n/a Hartford Bond HLS Fund, Inc. Maryland n/a Hartford Capital Appreciation HLS Fund, Inc. Maryland n/a Hartford - Comprehensive Employee Benefit Service Company Connecticut "CEBSCO" Hartford Dividend and Growth HLS Fund, Inc. Maryland n/a Hartford Equity Sales Company, Inc. Connecticut "HESCO" Hartford Financial Services, LLC Delaware n/a Hartford Financial Services Life Insurance Company Connecticut n/a Hartford Index HLS Fund, Inc. Maryland n/a Hartford International Advisers HLS Fund, Inc. Maryland n/a Hartford International Life Reassurance Corporation Connecticut n/a Hartford International Opportunities HLS Fund, Inc. Maryland n/a Hartford Investment Financial Services Company Delaware n/a Hartford Investments Canada Corporation Canada n/a Hartford Life and Accident Insurance Company Connecticut "HLA" Hartford Life and Annuity Insurance Company Connecticut n/a Hartford Life Insurance Company Connecticut n/a Hartford Life International, Ltd. Connecticut n/a Hartford Life, Ltd. Bermuda n/a Hartford MidCap HLS Fund, Inc. Maryland n/a Hartford Money Market HLS Fund, Inc. Maryland n/a Hartford Mortgage Securities HLS Fund, Inc. Maryland n/a Hartford Securities Distribution Company, Inc. Connecticut n/a Hartford Seguros de Retiro S.A. Argentina n/a Hartford Seguros de Vida S.A. Argentina n/a Hartford Series Fund, Inc., on behalf of the following Series: Hartford Global Leaders HLS Fund Maryland n/a Hartford Growth and Income HLS Fund Maryland n/a Hartford High Yield HLS Fund Maryland n/a Hartford Small Company HLS Fund, Inc. Maryland n/a Hartford Stock HLS Fund, Inc. Maryland n/a Hart Life Insurance Company Connecticut n/a HL Investment Advisors, LLC Connecticut n/a 2 EXHIBIT 21 SUBSIDIARIES OF HARTFORD LIFE, INC. (CONTINUED) JURISDICTION NAMES UNDER OF WHICH COMPANY COMPANY NAME INCORPORATION DOES BUSINESS - ------------ ------------- ------------- Icatu Hartford Administracao de Beneficios Ltda. Brazil n/a Icatu Hartford Fundo de Pensao Brazil Icatu-Hartford Icatu Hartford Capitalizacao S.A. (45%) Brazil n/a Icatu Hartford Seguros S.A. (45%) Brazil n/a Instituto de Salta Camponia de Seguros de Vida S.A. (90%) Argentina n/a International Corporate Marketing Group, Inc. Connecticut "ICMG" ITT Hartford Seguros de Vida S.A. (50%) Uruguay n/a ITT Hartford Sudamericana Holding S.A. (56.7%) Argentina n/a Nutmeg Life Insurance Company Iowa n/a PLANCO Incorporated Pennsylvania "PLANCO Enterprises Inc." Texas only PLANCO Financial Services, Inc. Pennsylvania n/a Servus Life Insurance Company Connecticut n/a The Evergreen Group Incorporated New York n/a The Hartford Mutual Funds, Inc., on behalf of the following Series: The Hartford Advisers Fund Maryland n/a The Hartford Bond Income Strategy Fund Maryland n/a The Hartford Capital Appreciation Fund Maryland n/a The Hartford Dividend and Growth Fund Maryland n/a The Hartford Global Leaders Fund Maryland n/a The Hartford Growth and Income Fund Maryland n/a The Hartford High Yield Fund Maryland n/a The Hartford International Opportunities Fund Maryland n/a The Hartford MidCap Fund Maryland n/a The Hartford Money Market Fund Maryland n/a The Hartford Small Company Fund Maryland n/a The Hartford Stock Fund Maryland n/a Thesis S.A. Argentina n/a 3 EXHIBIT 23 CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS To Hartford Life, Inc.: As independent public accountants, we hereby consent to the incorporation of our report included in this Form 10-K, into the Company's previously filed registration statements (i) on Forms S-8 (File Nos. 333-28805 and 333-28807) and (ii) on Forms S-3 (File Nos. 333-21865 and 333-56283). ARTHUR ANDERSEN LLP Hartford, Connecticut March 24, 2000