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Article: The Hartford Reports 37% Increase in Fourth Quarter 2004 Net Income to $620 Million or $2.08 Per Diluted Share; Fourth quarter operating income gains for both property-casualty and life; Total 2004 net income a record $2.1 billion.
- Article from:
- PR Newswire
- Article date:
- January 26, 2005
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The Hartford Financial Services Group, Inc. , one of the nation's largest financial services and insurance companies, reported a 37-percent increase in fourth quarter 2004 net income to $620 million, or $2.08 per diluted share, hitting an all-time quarterly record. Net income in the current period included net realized capital gains of $23 million (after-tax). In the fourth quarter of 2003, net income was $454 million, or $1.59 per diluted share, which included net realized capital gains of $29 million (after-tax).
Summary (in millions
except per share data) 4Q '03 4Q '04Change
Net income 454 ...