NU Online News Service, May 03, 8:12 a.m.EDT

First quarter net income at The Hartford was down about 81percent to $96 million, as net losses from runoff operationstotaled $378 million.

In March, The Hartford announced it would exit the life business to focus on its stronger property andcasualty operations. The company says it placed itsindividual-annuity business into runoff.

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