The Hartford Financial Services Group (NYSE: HIG) yesterday reported first quarter
operating earnings of $1.17 per diluted share, up 9 percent over the $1.07 per
share reported in the first quarter of 2001, while the company's operating
income increased 16 percent to $293 million, from $253 million a year ago.
The operating earnings increase reflects strong growth in life operations,
double-digit growth in property-casualty operations and the elimination of
goodwill amortization, which was $10 million (after-tax) in the first quarter
of 2001.
The company's first quarter results...
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