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The Hartford Issues Upbeat Prediction for P/C Results in 2009

Officials of The Hartford predict the company's property-casualty business is positioned to deliver "strong underwriting results" next year, boosting its profit target by 40 cents...
December 9, 2008

Officials of The Hartford predict the company's property-casualty business is positioned to deliver "strong underwriting results" next year, boosting its profit target by 40 cents a share. The comment came during an investor's meeting held by the company on Friday December 5 in New York.

"The Hartford's operating businesses are performing well, particularly in light of the challenging markets," said Ramani Ayer, The Hartford's chairman and chief executive officer. "Our property and casualty business is positioned to deliver strong underwriting results in 2009. In our life businesses, we will continue to focus on businesses with long-term growth opportunities and on enhancing our leadership positions in group benefit and individual life markets."

Financial and Company Update (The Hartford) 

Hartford Predicts Strong P/C Results for '09 (National Underwriter 12/5/08)

Hartford Stock More Than Doubles On Outlook (Reuters 12/5/08)

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