| [February 14, 2012] |
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The Hartford Issues Statement
HARTFORD, 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.
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