Please wait while we load the requested 10-K report or click the link below:
https://last10k.com/sec-filings/report/874766/000095012312003120/c25396e10vk.htm
May 2022
May 2022
April 2022
March 2022
February 2022
February 2022
October 2021
October 2021
September 2021
September 2021
Exhibit 99.1
NEWS RELEASE |
|
THE HARTFORD REPORTS FOURTH QUARTER 2011 FINANCIAL RESULTS
| Fourth quarter core earnings* of $339 million or $0.69 per diluted share* |
| The Hartford purchased $93.7 million of its common stock as of Feb. 7, 2012 |
| Book value per diluted share increased 17% to $47.25 at Dec. 31, 2011 |
HARTFORD, Conn., Feb. 7, 2011 The Hartford (NYSE:HIG) reported net income of $127 million, or $0.24 per diluted share for the fourth quarter of 2011 compared with $619 million, or $1.24 per diluted share, in the fourth quarter of 2010. Core earnings in the fourth quarter of 2011 were $339 million, or $0.69 per diluted share, compared with $529 million, or $1.06 per diluted share, in the fourth quarter of 2010.
The Hartford made good progress in the fourth quarter, said The Hartfords Chairman, President and CEO Liam E. McGee. P&C Commercial pricing continued to firm and margins improved across the board, including a 7% rate increase in Middle Market. Margins are also expanding in Consumer Markets as we shift to a more preferred book of business. Wealth Management is focused on increasing returns and managing risk in this low-rate environment.
Capital markets volatility, low interest rates and higher than normal cat and non-cat weather challenged the industry and The Hartford in 2011. Even in this environment, The Hartford is a much stronger and more efficient organization, with a significantly enhanced financial position and risk profile. As we said in December at our Investor Day, we are evaluating our strategy and business portfolio for opportunities to deliver greater value for shareholders. We will be objective and pragmatic about the best ways to achieve this goal, added McGee.
Please wait while we load the requested 10-K report or click the link below:
https://last10k.com/sec-filings/report/874766/000095012312003120/c25396e10vk.htm
Compare this 10-K Annual Report to its predecessor by reading our highlights to see what text and tables were removed , added and changed by Hartford Financial Services Group Incde.
Hartford Financial Services Group Incde's Definitive Proxy Statement (Form DEF 14A) filed after their 2012 10-K Annual Report includes:
Financial Statements, Disclosures and Schedules
Inside this 10-K Annual Report
Material Contracts, Statements, Certifications & more
Hartford Financial Services Group Incde provided additional information to their SEC Filing as exhibits
Ticker: HIG
CIK: 874766
Form Type: 10-K Annual Report
Accession Number: 0000950123-12-003120
Submitted to the SEC: Fri Feb 24 2012 4:34:45 PM EST
Accepted by the SEC: Fri Feb 24 2012
Period: Saturday, December 31, 2011
Industry: Fire Marine And Casualty Insurance