More From This User
cflcleanup
What to Do if a Compact Fluorescent Light (CFL) Bulb or Fluorescent Tube Ligh...
Copyright © 2009 by The Hartford. Confidential. For internal distribution only.All rights reserved. No part of this document may be reproduced, published or posted without the permission of The Hartford.
Hartford Financial Services Group, Inc.Hartford Financial Services Group, Inc.
November 4, 2009November 4, 20093
rd
Quarter 2009 Investor Presentation
2
Certain statements made in this presentation should be considered forward-lookingstatements as defined in the Private Securities Litigation Reform Act of 1995. Theseinclude statements about The Hartford’s future results of operations. We cautioninvestors that these forward-looking statements are not guarantees of futureperformance, and actual results may differ materially. Investors should consider theimportant risks and uncertainties that may cause actual results to differ, including thosediscussed in The Hartford’s press release issued on November 3, 2009, our QuarterlyReport on Form 10-Q for the quarter ended September 30, 2009, our 2008 Annual Reporton Form 10-K and other filings we make with the Securities and Exchange Commission.We assume no obligation to update this presentation, which speaks as of today’s date.The discussion in this presentation of The Hartford’s financial performance includesfinancial measures that are not derived from generally accepted accounting principles, orGAAP. Information regarding these non-GAAP and other financial measures, includingreconciliations to the most directly comparable GAAP financial measures, is provided inthe Investor Financial Supplement for the third quarter of 2009, in The Hartford’s pressrelease issued on November 3, 2009, and in the Investor Relations section of TheHartford’s website at www.thehartford.com.
Safe Harbor Statement
3
Key results for the third quarter of 2009
•Book value per share grew 18% since2Q09 to $37.90•Net loss of $220 million, or $0.79 pershare, including net realized capitallosses of $885 million after tax•Core earnings* were $660 million or$1.56 per diluted share
–P&C core earnings were $246 million, up16% from 2Q09 –Increasing account values and a favorableDAC unlock drove Life’s core earnings to$499 million
Book Value per Common Share
Including AOCI Excluding AOCI
$24.15$32.20$48.13$52.44$46.30$37.901Q092Q093Q091Q092Q093Q09
*Denotes financial measure not calculated based on generally acceptedaccounting principles
of 00
The Hartford Q3 2009 Earnings CC
1,124 Reads
Info and Rating
| Category: | Uncategorized. |
| Rating: | |
| Upload Date: | 11/27/2009 |
| Copyright: | Attribution Non-commercial |
| Tags: |
Leave a Comment