The Hartford beats consensus despite P&C deterioration

The Hartford outperformed Wall Street expectations in the fourth
quarter of last year despite deteriorating P&C underwriting
results that included personal auto losses.
The US insurer reported core operating earnings of $415mn that
were down 7 percent from the $445mn generated in the same period of
2015.
At $1.08 a share, the performance compared favourably to a $0.93
a share consensus of 18 analyst forecasts compiled by
MarketWatch.com.
The Connecticut-based company fell to a net loss of $8