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Hartford Finl Svcs Gp


Hartford Finl Svcs Gp is a publicly traded company having a good stock performance result. Hartford Finl Svcs Gp is a fortune 500 stock listed company trading under HIG.
 
The company was founded in 1810. The Hartford Financial Services Group, Inc. is one of the largest investment and insurance companies based in the United States, with offices in Japan, Brazil, Ireland, England, and the United States. With nearly 30,000 employees and 2.1 billion dollars in income in 2004, The Hartford was ranked 88th on the 2005 Fortune 100 list.

Ramani Ayer, since 1997, is the chairman, president and CEO of The Hartford .He has spent his entire career with the company and noted that this anniversary is one of the most exciting chapters in a long and distinguished history.
 
The Hartford is a leading provider of investment products of annuities, mutual funds, college savings plans as well as life insurance, group and employee benefits, automobile and homeowners' insurance, and business insurance. The Hartford Financial Services Group, Inc. will release its first quarter 2006 earnings results on Thursday, April 27, 2006.The Hartford, a Fortune 100 company, is one of the nation's largest financial services and insurance companies, with 2005 revenues of 27.1 billion dollars. The Hartford had total assets of 280.5 billion dollars and stockholders' equity of 15.3 billion dollars.

The Hartford's core earnings in the fourth quarter of 2005 were 505 million dollars. Catastrophe losses and reinstatement premiums during the quarter, including Hurricane Wilma, totaled 0.27 dollars cents per diluted share, compared with 0.06 dollars cents per diluted share in the prior year period. Core earnings for The Hartford's property and casualty operations in the fourth quarter of 2005 were 220 million dollars, compared with 331 million dollars in the same quarter of the prior year. Core earnings for the quarter included 85 million dollars after-tax in net catastrophe losses and reinstatement premiums. Net written premium for property and casualty operations in the fourth quarter of 2005 was 2.6 billion dollars. It marked up a 6 percent increase from the fourth quarter of 2004.
 
This net written premium growth reflected a double-digit rise in business insurance net written premium and high single digit growth in agency personal lines.
 

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