Liam E. McGee

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  Hard Market? Top Industry Leaders Comment on Pricing-- Slideshow

  By Phil Gusman, PropertyCasualty360.com  |  May 24, 2012

  With 2012’s first quarter in the books, executives and industry observers have noted that property and casualty pricing remains on the upswing. Following are observations from industry leaders made during conference calls and in recent analyses in response to 2012 first-quarter results.

• Hartford Q1 Profit Falls 81% on Runoff Operations

  By Chad Hemenway, PropertyCasualty360.com  |  May 3, 2012

  First quarter net income at The Hartford was down about 81 percent to $96 million, as net losses from runoff operations totaled $378 million. Core earnings were up 7 percent.

• Allstate Q4 Net Income Soars, Other Carriers’ Profits Slip

  By Mark E. Ruquet, Chad Hemenway, PropertyCasualty360.com  |  February 9, 2012

  Allstate Corp. saw its fourth-quarter net income jump 145 percent, while W.R. Berkley, ACE Limited, CNA and Validus reported Q4 net-income decreases along with global reinsurer Munich Re.

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  Hartford Q4 Profit Down 79%; Splitting Life, P&C Cos. Challenging

  By Chad Hemenway, PropertyCasualty360.com  |  February 8, 2012

  The Hartford’s 2011 fourth-quarter net income plummeted 79 percent to $127 million on current and prior-year reserve strengthening.

• Hartford Posts 3Q Net Income of $0; Describes Challenging Quarter

  By Mark E. Ruquet, PropertyCasualty360.com  |  November 3, 2011

  The Hartford broke even on its earnings for the 2011 third quarter, posting net income of $0 compared to $666 million in the 2010 third quarter.

• Rupp Appointed Hartford CRO

  By Staff Writer  |  October 26, 2011

  The Hartford has appointed Robert Rupp as executive vice president and chief risk officer, reporting to Liam E. McGee, the company’s chairman, president and chief executive officer.

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  Hartford 2Q Profit Falls 68% on Catastrophe Losses, Asbestos Reserves

  By Chad Hemenway, PropertyCasualty360.com  |  August 4, 2011

  The Hartford says the highest second-quarter catastrophe losses in its history and asbestos-reserve strengthening led the insurer to a 68 percent drop in net income for the quarter.

• The Hartford Expects 2Q Net to Decline 68% on Cats, Asbestos Charges

  By Phil Gusman, PropertyCasualty360.com  |  July 14, 2011

  The Hartford, in announcing preliminary 2011 second-quarter results, says it expects to report net income of approximately $24 million, which would be down from net income of $76 million in the 2010 second quarter.

• Hartford CEO Predicts Large 2Q Cat Losses; 1Q Net Income Up 60%

  By Chad Hemenway, PropertyCasualty360.com  |  May 4, 2011

  Liam E. McGee, CEO of The Hartford Financial Services Group, says 2011 second-quarter catastrophe losses for the company may exceed the $200 million total the company was hit with in the 2010 second quarter.

• Hartford Supports Electric Cars

  By Staff Writer  |  April 10, 2011

  With an estimated 27,000 electric cars expected to hit the roads in 2011, The Hartford Financial Services Group, Inc. says it is installing electric vehicle charging stations at its Hartford, Simsbury and Windsor, Conn., campuses.