Hartford Financial (HIG) Tops Q4 EPS by 4c

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Go back to Hartford Financial (HIG) Tops Q4 EPS by 4c

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