Oct. 7 (Reuters)—Hartford Financial Services Group Inc. seeslower credit losses in the third quarter and said it has no directexposure to sovereign European debt.
|The Hartford, which is one of the oldest companies in America,said it expects a third-quarter credit loss of about $61 million,primarily on structured securities, and a net unrealized gain of$2.6 billion as of Sept 30.
|Shares of the Hartford, Connecticut-based insurer were tradingnearly flat at $17.76 in the morning session Friday on the New YorkStock Exchange.
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