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The Hartford Releases 4Q & Y'01 Results

Tuesday, January 29, 2002 | 0

The Hartford Financial Services Group (NYSE: HIG) has reported fourth quarter operating earnings of $1.06 per share versus $1.09 per share in the fourth quarter of 2000. Net earnings per share were $0.58 versus $1.18 in the fourth quarter of 2000. Fourth quarter operating income rose 4 percent to $261 million, reflecting a $29 million increase in life operations and corporate income that was partially offset by a $20 million decrease in property-casualty results. The decrease in operating earnings per share was primarily due to common stock offerings in February and October of 2001 t...

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