TMCnet News
The Hartford Issues StatementHARTFORD, Conn. --(Business Wire)-- The Hartford issued the following statement in response to today's Schedule 13D filing by shareholder Paulson & Co. Inc.: "We recognize there are potential benefits to a separation of the P&C and life companies, including those outlined by Paulson & Co. Inc. While there are challenges to successfully executing a separation, we welcome Paulson's views and look forward to continued dialogue with him and other shareholders. We are evaluating the company's strategy and business portfolio with the goal of dlivering shareholder value. We remain objective and pragmatic about the best ways to achieve this goal." About The Hartford The Hartford Financial Services Group Inc. (NYSE: HIG) is a leading provider of insurance and wealth management services for millions of consumers and businesses worldwide. The Hartford is consistently recognized for its superior service, its sustainability efforts and as one of the world's most ethical companies. More information on the company and its financial performance is available at www.thehartford.com. HIG-C Some of the statements in this release may be considered forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. We caution investors that these forward-looking statements are not guarantees of future performance, and actual results may differ materially. Investors should consider the important risks and uncertainties that may cause actual results to differ. These important risks and uncertainties include those discussed in our Quarterly Reports on Form 10-Q, our 2010 Annual Report on Form 10-K and the other filings we make with the Securities and Exchange Commission. We assume no obligation to update this release, which speaks as of the date issued. |
