| Business Summary | | Hartford
Financial
Services
Group,
Inc.
(The
Hartford)
is
a
diversified
insurance
and
financial
services
company.
The
Hartford
is
among
the
largest
providers
of
investment
products,
individual
life,
group
life
and
group
disability
insurance
products,
and
property
and
casualty
insurance
products
in
the
United
States.
Hartford
Fire
Insurance
Company,
founded
in
1810,
is
the
oldest
of
The
Hartford's
subsidiaries.
The
Hartford
writes
insurance
and
reinsurance
in
the
United
States
and
internationally.
At
December
31,
2000,
total
assets
of
The
Hartford
were
$171.5
billion.
The
Hartford
is
organized
into
two
major
operations:
Worldwide
Life
and
Worldwide
Property
&
Casualty.
Within
these
operations,
The
Hartford
conducts
business
principally
in
eight
operating
segments. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | The
Hartford
Financial
Services
Group,
Inc.
is
a
diversified
insurance
co.
which
provides
property
and
casualty
insurance,
and
life
insurance.
For
the
six
months
ended
6/30/01,
total
revenues
increased
8%
to
$7.57
billion.
Net
income
before
accounting
change
rose
11%
to
$500
million.
Revenues
reflect
strong
growth
in
fee
income
in
the
Investment
Products
due
to
the
acquisition
of
Fortis,
Inc.
Earnings
reflect
lower
amortization
of
deferred
policy
acquisition
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Ramani Ayer, 53 Chairman,
Pres and CEO | $5.4M | $2.4M | Lowndes Smith, 61 Vice
Chairman of the Company & Pres, CEO & Director of Hartford Life | 3.7M | 8.4M | David Johnson, 40 CFO,
Exec. VP | -- | -- | Neal Wolin, 39 Exec.
VP, Gen. Counsel | -- | -- | John Giamalis, 43 Sr.
VP and Controller | -- | -- | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|