Friday, November 04, 2005
Hartford profit tops estimates
Hartford Financial Services reported better than expected third-quarter earnings late Thursday after the insurer avoided big hurricane losses.
Tempering the good news, Hartford said almost $350 million flowed out of its variable-annuity business as competition took its toll.
Net income came in at $539 million, or $1.76 a share, vs. $494 million or $1.66 a share a year earlier, the company said.
Hartford profit tops estimates
Source: CBS MarketWatch
Tempering the good news, Hartford said almost $350 million flowed out of its variable-annuity business as competition took its toll.
Net income came in at $539 million, or $1.76 a share, vs. $494 million or $1.66 a share a year earlier, the company said.
Hartford profit tops estimates
Source: CBS MarketWatch
Permalink posted by armandn @ 9:47 AM 
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