The Hartford Financial Services Group Inc. announced that expected losses from the Sept. 11 terrorist attack could approach $450 million after taxes and net of reinsurance, reflecting the company’s best current estimate of its total expected exposure for this event. …
Two of New England’s largest insurers, Boston’s Liberty Mutual, and The Hartford confirmed pervious announcements concerning their potential loss exposures from the terrorist attacks on the World Trade Center and the Pentagon. Liberty CEO Edmund F. Kelly extended “our deepest …
The Hartford Financial Services Group Inc., a national insurance and financial service company, reported a 12 percent increase in operating income to $253 million for the first quarter of 2001 compared to the same period in 2000. Solid performance in …
The Hartford Financial Services Group Inc., a national insurance and financial service company, reported a 12 percent increase in operating income to $253 million for the first quarter of 2001 compared to the same period in 2000. Solid performance in …
The Hartford expects to move from the No. 5 to the No. 3 spot nationally in individual life insurance with a $1.12 billion acquisition of Fortis Financial Group’s life, annuity and mutual fund business. According to Sue Honeyman, a Hartford …
The taxation of foreign insurers, reinsurers, captives banks and financial service providers, involves some very complex international issues, heavily charged with “political considerations.” HR 4192, or the Johnson/Neal Bill, aims at ending “favorable tax treatment” for foreign-based insurers, principally those …
