NU Online News Service, Feb. 9, 3:39 p.m. EST

The Hartford Financial Services Group Inc., reversing a loss, reported a fourth-quarter profit on the strength of its investment portfolio and disciplined underwriting, the company's chief executive said today.

The Hartford, Conn.-based insurer reported fourth-quarter net income stood at $557 million, or $1.19 a share, an improvement over the prior year's net loss of $806 million, or negative $2.71 a share.

Continue Reading for Free

Register and gain access to:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.