P&C results lift The Hartford
The Hartford reported net income of $401mn for the third quarter, significantly ahead of last year's $60mn, as it lifted underwriting results and forged ahead with plans to sell parts of its life and retirement planning businesses.
CEO Liam McGee said the agreements were expected to create a $2.2bn capital benefit and were a significant step towards sharpening its focus on its P&C, group benefits and mutual funds businesses.
McGee said continued P&C pricing momentum and low catastrophe losses benefited...
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