The Hartford Financial Services Group Inc. (NYSE: HIG) yesterday said its fourth
quarter and full-year earnings for 2002 increased substantially, as the
company took advantage of firm pricing in the property-casualty market, while
minimizing the impact of the prolonged bear market on equity market-driven
business in its life operations.
"Our results prove that our diverse business platform can withstand market
turbulence and generate profitable growth," said Ramani Ayer, The Hartford's
chairman and CEO.
The company reported a 79 percent increase in net income for the quarter
e...
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