Hartford Financial (HIG) Tops Q4 EPS by 4c

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The Hartford Reports Fourth Quarter And Full Year 2017 Financial Results And Announces 2018 Outlook For Selected Business Metrics

February 8, 2018 4:15 PM EST

Fourth quarter 2017 net loss of $3.7 billion, or $10.37 per share, primarily due to a $3.1 billion loss on discontinued operations related to the agreement in December to sell Talcott Resolution and an $877 million charge due to the reduction in the U.S. corporate tax rate Fourth quarter 2017 core earnings* of $293 million, or $0.81 per diluted share*, including current accident year catastrophe losses of $179 million, before tax, or $116 million, after tax ($0.32 per diluted share), primarily due to wildfires in California Property & Casualty (P&C) combined ratio of 98.4 in fourth quarter... More