The Hartford tops estimates despite pensions noise
US nationwide insurer The Hartford bested Wall Street forecasts
for core second quarter earnings by more than 10 percent, but fell
to a small net loss as it absorbed a pre-announced $488mn pension
charge.
The Hartford's shares gained 1.4 percent in after-market
trading after the results were posted late today.
However there was again no news on the fate of its run-off
variable annuity business Talcott Resolution, which is currently
under auction with a price tag of around $3.5bn.
The...
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