The Hartford Insurance Group, Inc. · NYSE:HIG
The Hartford Insurance — The Hartford Financial Services Group — Q2 2005 Earnings Presentation
9 slides from The Hartford Insurance's earnings presentation, August 2005
Slide 1: Investor Presentation 2nd Quarter 2005
Investor Presentation 2nd Quarter 2005 TheFinancial The Hartford Hartford Financial Services Services Group,Inc. Group, Inc.
Slide 2: Safe Harbor Statement
Safe Harbor Statement Certain statements made in this presentation should be considered forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. These include statements about The Hartford’s future results of operations. We caution investors that these forward-l
Slide 3: Corporate Financial Highlights
Corporate Financial Highlights Quarter Ended June-04 June-05 % Change Net income (millions) $ 433 $ 602 39% Earnings per diluted share 1.46 1.98 36% Operating income (millions) 403 613 52% Operating income per diluted share 1.35 2.02 50% Assets under management (billions) 269 303 13% Book value per
Slide 4: P&C 2nd Quarter Highlights
P&C 2nd Quarter Highlights § Operating income of $369 million § Total written premium grew 7% § Combined ratio of 88.5 before CATs Operating Income and prior year development In millions $386 $369 § Business insurance recorded an $400 $331 impressive combined ratio of 88.2 $300 § Middle market writt
Slide 5: Reserve Studies
Reserve Studies Annual Ground-Up Asbestos Study § No addition to asbestos reserves Semi-annual HartRe Study § Reserve strengthening of $73 million (pre-tax) § Driven by adverse claim development in U.S. casualty business written in the 1997 – 2001 period Reinsurance Recoverables § Increase in allowa
Slide 6: Life 2nd Quarter Highlights
Life 2nd Quarter Highlights § Operating income of $287 million is 13% higher than a year ago Assets Under § U.S. retail sales and deposits Management were $5.0 billion In billions $258 $260 $249 $250 § Individual annuity sales and $250 deposits were $2.9 billion $240 $228 $233 § Other retail product
Slide 7: Projected 2005 Operating Income EPS
Projected 2005 Operating Income EPS EPS Range Low High Operating Income per diluted share $7.55 $7.85 Estimated diluted weighted average shares outstanding (in millions) 305
Slide 8: Property and Casualty Outlook for 2005
Property and Casualty Outlook for 2005 Full Year Net Written Combined Premium Growth Ratio* Over 2004 Business insurance High 80’s High-single digit Personal lines High 80’s Mid-single digit Specialty commercial Low 90’s Low to mid-single digit * Excludes cats and prior year development 8
Slide 9: Slide 9
The Hartford Financial Services Group — Q2 2005 Earnings Presentation on 6ix