Hartford Financial Services Group
Industry: Insurance (Prop. & Casualty)

The Hartford Financial Services Group, Inc. (NYSE: HIG) is one of the nation's largest insurance and financial services companies, with 2002 revenues of $15.9 billion. The company is a leading provider of investment products, life insurance and group benefits; automobile and homeowners products; commercial property and casualty insurance; and reinsurance.

Business Summary
The Hartford Financial Services Group, Inc. (The Hartford) is a diversified insurance and financial services company. The Hartford provides investment products, individual life, group life and group disability insurance products, and property and casualty insurance products in the United States. The Hartford is organized into two major operations: Life, and Property and Casualty. Within the Life, and Property and Casualty operations, it conducts business through Retail Products Group (Retail), Institutional Solutions Group (Institutional), Individual Life and Group Benefits. Property and Casualty is organized into four segments: the underwriting segments of Business Insurance, Personal Lines and Specialty Commercial (collectively Ongoing Operations), and the Other Operations segment. The Other Operations segment consists of certain property and casualty insurance operations that have discontinued writing new business and includes the Company's asbestos and environmental exposures.

Financial Summary
The Hartford Financial Services Group, Inc. is a diversified insurance co. that provides property & casualty insurance and life insurance. For the 6 months ended 6/05, revenues rose 8% to $12.05B. Net income before acct. change rose 27% to $1.27B. Results reflect strong underwriting results due to a larger base of sales representatives, a strong growth in earned premium, and a favorable reserve development for non-catastrophe claims.