The Hartford beats despite P&C deterioration

The Hartford outperformed Wall Street expectations 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 prior-year
period.
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 $81mn from
net income of $421mn in the