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Article: Hartford Insurance Group announces the fourth quarter and full year financial results.
- Article from:
- PR Newswire
- Article date:
- March 2, 1987
CopyrightCOPYRIGHT 1987 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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HARTFORD, Conn., March 2 /PRNewswire/ -- The Hartford Insurance Group announced today it registered significant increases in 1986 fourth-quarter and full-year operating income and net income primarily from improved property-casualty results.
Operating income for the fourth quarter of 1986 was $87.3 million, up from $30.5 million for the same period in 1985. For the full year, operating income rose to $302.7 million from $121.9 million in 1985.
"We are encouraged that the Hartford's operating results have improved for a second consecutive year," said DeRoy C. Thomas, chairman and chief executive officer.
Net income, which combines profits ...