The Hartford

Company Profile

Investor Relations

Company Profile

At A Glance

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Founded in 1810, The Hartford is recognized for its financial strength and stability, operational excellence and superior customer service.

2007 Revenues $25.9 billion
2007 Net Income $2.9 billion
2007 Core Earnings¹ $3.5 billion
2007 Assets $360.4 billion
2007 Liabilities $341.2 billion
2007 Stockholders' Equity $19.2 billion


* All charts reflect 2007 Life and P&C Core Earnings. Customer base chart excludes P&C Other Operations.

The Hartford's Selected Financial Data

($ in millions) 2007 2006 2005
Revenues $25,916 $26,500 $27,083
Written Premiums
(P&C Ongoing Operations)2
10,435 10,658 10,483
Earned Premiums
(P&C Ongoing Operations)
10,491 10,428 10,152
Life Premiums, Fee Income and Other Revenues 10,543 9,316 8,203
Net Income 2,949 2,745 2,274
Core Earnings 3,507 2,865 2,242
Assets Under Management3 426,764 377,433 322,827
Mutual Fund Assets 55,531 43,732 32,705
Stockholders' Equity 19,204 18,876 15,325
Combined Ratio
(P&C Ongoing Operations)
90.8% 89.3% 93.2%

2007 Market Rankings

One of Fortune’s Most Admired Companies.
A Fortune 100 Company (95th).
One of Forbes’ World’s Largest Companies (140th).
A DALBAR Award Winner for Customer Service.
Property and Casualty
#11 property and casualty insurer, based on direct written premiums.
#5 commercial insurance carrier, based on direct written premiums.
#12 personal lines carrier, based on direct written premiums.
#5 workers’ compensation insurer, based on direct written premiums.
Recognized for providing "An Outstanding Customer Service Experience" under J.D. Power and Associates Certified Call Center Program.SM
#5 direct personal auto carrier.
Life
#4 life insurance group, based on statutory assets.
#1 in variable annuity assets under management in Japan.
#3 seller of retail variable annuities in the U.S.
#1 in fully insured group disability sales.
#1 in variable universal life total premiums.
#3 in fully insured group life sales.

The Hartford Employment

Worldwide 31,000
U.S. 30,250
Connecticut 13,000

Ratings

  A.M. Best Fitch Moody's Standard & Poor's
Hartford Fire Insurance Company A+ AA Aa3 AA-
Hartford Life Insurance Company A+ AA Aa3 AA-
Hartford Life and Accident Insurance Company A+ AA Aa3 AA-
Hartford Life and Annuity Insurance Company A+ AA Aa3 AA-
Hartford Life Insurance KK (Japan) - - - AA-
Hartford Life Limited (Ireland) - - - AA-

Consolidated Investment Portfolio

(December 31, 2007)
FIXED MATURITIES COMPOSITION OF
INVESTMENT ASSETS
AAA Bonds 35.4 % Fixed Maturities 61.1 %
AA Bonds 13.7 % Equity Securities, trading 27.6 %
A Bonds 21.3 % Mortgage Loans 4.1 %
BBB Bonds 18.7 % Equity Securities, available for sale 2.0 %
Gov’t Bonds 6.5 % Limited Partnerships 1.9 %
BB and Below Bonds 4.4 % Policy Loans 1.6 %
   Short-term 1.2 %
   Other 0.5 %
  100.0 %   100.0 %

Selected Companies of the Hartford

Property & Casualty
Hartford Accident and Indemnity Company
Hartford Casualty Insurance Company
Hartford Fire Insurance Company
Hartford Insurance Company of Illinois
Hartford Insurance Company of the Midwest
Hartford Insurance Company of the Southeast
Hartford Lloyd’s Insurance Company
Hartford Underwriters Insurance Company
Nutmeg Insurance Company
Pacific Insurance Company, Limited
Property and Casualty Insurance Company of Hartford
Sentinel Insurance Company, Ltd.
Trumbull Insurance Company
Twin City Fire Insurance Company
Hartford Life, Inc.
Hartford Life and Accident Insurance Company
Hartford Life and Annuity Insurance Company
Hartford Life Insurance Company
Hartford Life Private Placement, LLC
Hartford International Life Reassurance Corporation
The Hartford Mutual Funds, Inc.
PLANCO Financial Services, LLC
Woodbury Financial Services, Inc.
International
Excess Insurance Company, Limited (United Kingdom)
Hartford International Management Services Company, LLC (U.S.)
Hartford Investments Canada Corp. (Canada)
Hartford Life Insurance K.K. (Japan)
Hartford Life International, Ltd. (U.S.)
Hartford Life Limited (Europe)
Hartford Management, Ltd. (Bermuda)
Heritage Reinsurance Company, Ltd. (Bermuda)
Icatu Hartford Capitalizaçao, S.A. (Brazil)
New Ocean Insurance Company, Ltd. (Bermuda)
Investment Services Operations
Hartford Investment Financial Services, LLC
Hartford Investment Management Company
Service Companies
1st Ag Choice, Inc.
Business Management Group, Inc.
Hartford – Comprehensive Employee Benefit Service Company
HL Investment Advisors, LLC
Horizon Management Group, LLC
Specialty Risk Services, LLC
Trumbull Services, LLC


1 The Hartford uses the non-GAAP financial measure core earnings as an important measure of the company’s operating performance. The Hartford believes that the measure core earnings provides investors with a valuable measure of the performance of the Company’s ongoing businesses because it reveals trends in our insurance and financial services businesses that may be obscured by the net effect of certain realized capital gains and losses. Some realized capital gains and losses are primarily driven by investment decisions and external economic developments, the nature and timing of which are unrelated to the insurance and underwriting aspects of our business. Accordingly, core earnings excludes the effect of all realized gains and losses (net of tax and the effects of deferred policy acquisition costs) that tend to be highly variable from period to period based on capital market conditions. The Hartford believes, however, that some realized capital gains and losses are integrally related to our insurance operations, so core earnings includes net realized gains and losses such as net periodic settlements on credit derivatives and net periodic settlements on the Japan fixed annuity cross-currency swap. These net realized gains and losses are directly related to an offsetting item included in the income statement such as net investment income. Core earnings is also used by management to assess our operating performance and is one of the measures considered in determining incentive compensation for our managers. Net income is the most directly comparable GAAP measure. Core earnings should not be considered as a substitute for net income and does not reflect the overall profitability of our business. Therefore, The Hartford believes that it is useful for investors to evaluate both net income and core earnings when reviewing the company’s performance.

2 Written premiums is a statutory accounting financial measure used by The Hartford as an important indicator of the operating performance of the company’s property and casualty operations. Written premium represents the amount of premium charged for policies issued, net of reinsurance, during a fiscal period. Earned premium, the most directly comparable GAAP measure, represents all premiums that are recognized as revenues during a fiscal period. The difference between written premium and earned premium is attributable to the change in unearned premium reserves.

3 Includes mutual fund assets and third party assets managed by Hartford Investment Management Company.

Last updated: 05/08



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