HARTFORD FINANCIAL SERVICES GROUP, INC. - FORM 8-K - EX-99.1 - EXHIBIT 99.1

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8-K - FORM 8-K - HARTFORD FINANCIAL SERVICES GROUP, INC.	c06548e8vk.htm

Exhibit 99.1

INVESTOR FINANCIAL SUPPLEMENT

OCTOBER 5, 2010

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
INVESTOR FINANCIAL SUPPLEMENT
TABLE OF CONTENTS


Basis of Presentation	i,ii,iii

CONSOLIDATED
Operating Results by Segment
Six Months Ended June 30, 2010		1a
Year Ended December 31, 2009		1b
Analysis of Operating Results by Segment
Six Months Ended June 30, 2010		2a
Year Ended December 31, 2009		2b
Components of Net Realized Capital Gains (Losses), After-tax and DAC, Excluded From Core Earnings (Losses)
Six Months Ended June 30, 2010		3a
Year Ended December 31, 2009		3b

COMMERCIAL MARKETS
Income Statements
Six Months Ended June 30, 2010		4a
Year Ended December 31, 2009		4b
Property & Casualty Commercial
Operating Results
Six Months Ended June 30, 2010		5a
Year Ended December 31, 2009		5b
Underwriting Results
Six Months Ended June 30, 2010		6a
Year Ended December 31, 2009		6b
Group Benefits
Income Statements
Six Months Ended June 30, 2010		7a
Year Ended December 31, 2009		7b
Supplemental Data
Six Months Ended June 30, 2010		8a
Year Ended December 31, 2009		8b

CONSUMER MARKETS
Income Statements
Six Months Ended June 30, 2010		9a
Year Ended December 31, 2009		9b
Operating Results
Six Months Ended June 30, 2010		10a
Year Ended December 31, 2009		10b
Underwriting Results
Six Months Ended June 30, 2010		11a
Year Ended December 31, 2009		11b
Written and Earned Premiums
Six Months Ended June 30, 2010		12a
Year Ended December 31, 2009		12b

WEALTH MANAGEMENT
Operating Results
Six Months Ended June 30, 2010		13a
Year Ended December 31, 2009		13b
Deferred Policy Acquisition Costs and Present Value of Future Profits
Six Months Ended June 30, 2010		14a
Year Ended December 31, 2009		14b

Global Annuity
Income Statements
Six Months Ended June 30, 2010		15a
Year Ended December 31, 2009		15b
Supplemental Data
U.S.-Account Value Rollforward
Six Months Ended June 30, 2010		16a
Year Ended December 31, 2009		16b
International-Account Value Rollforward
Six Months Ended June 30, 2010		17a
Year Ended December 31, 2009		17b
Other-Account Value and Asset Rollforward
Six Months Ended June 30, 2010		18a
Year Ended December 31, 2009		18b
Life Insurance
Income Statements
Six Months Ended June 30, 2010		19a
Year Ended December 31, 2009		19b
Supplemental Data — Individual Life
Six Months Ended June 30, 2010		20a
Year Ended December 31, 2009		20b
Account Value Rollforward — Individual Life
Six Months Ended June 30, 2010		21a
Year Ended December 31, 2009		21b
Account Value Rollforward- Private Placement Life Insurance
Six Months Ended June 30, 2010		22a
Year Ended December 31, 2009		22b
Retirement Plans
Income Statements
Six Months Ended June 30, 2010		23a
Year Ended December 31, 2009		23b
Supplemental Data
Assets Under Management and Administration
Six Months Ended June 30, 2010		24a
Year Ended December 31, 2009		24b
Account Value and Asset Rollforward
Six Months Ended June 30, 2010		25a
Year Ended December 31, 2009		25b
Mutual Funds
Income Statements
Six Months Ended June 30, 2010		26a
Year Ended December 31, 2009		26b
Supplemental Data
Deposits and Assets Under Management
Six Months Ended June 30, 2010		27a
Year Ended December 31, 2009		27b
Asset Rollforward
Six Months Ended June 30, 2010		28a
Year Ended December 31, 2009		28b

CORPORATE AND OTHER
Income Statements
Six Months Ended June 30, 2010		29a
Year Ended December 31, 2009		29b
Other Operations
Operating Results
Six Months Ended June 30, 2010		30a
Year Ended December 31, 2009		30b

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
BASIS OF PRESENTATION

DEFINITIONS AND PRESENTATION

•

All amounts are in millions, except for per share and ratio information unless otherwise stated.

•

The Company is changing its reporting segments effective for third quarter 2010 reporting. The segment changes reflect the manner in which the Company is currently organized for purposes of making operating decisions and assessing performance. Accordingly, segment data for prior reporting periods has been adjusted to reflect the new segment reporting. As a result, the Company created three customer focused divisions: Commercial Markets, Consumer Markets and Wealth Management.

•

The Commercial Markets division consists of the reporting segments of Property & Casualty Commercial and Group Benefits. Property & Casualty Commercial provides workers’ compensation, property, automobile, liability and umbrella coverages, primarily throughout the United States (“U.S.”), along with a variety of customized insurance products and risk management services including professional liability, fidelity, surety, specialty casualty coverages and third-party administrator services.

•

Group Benefits provides employers, associations, affinity groups and financial institutions with group life, accident and disability coverage, along with other products and services, including voluntary benefits and group retiree health.

•

Consumer Markets provides standard automobile, homeowners and home-based business coverages to individuals across the U.S., including a special program designed exclusively for members of AARP. Consumer Markets also operates a member contact center for health insurance products offered through the AARP Health program.

•

The Wealth Management division includes the reporting segments of Global Annuity, Life Insurance, Retirement Plans and Mutual Funds. Global Annuity offers individual variable, fixed market value adjusted, and single premium immediate annuities in the U.S. and administers investments, retirement savings and other insurance and savings products to individuals and groups outside of the U.S., primarily in Japan and Europe. Life insurance sells a variety of life insurance products, including variable universal life, universal life, and term life, as well as variable private placement life insurance owned by corporations and high net worth individuals. Retirement Plans provides products and services to corporations pursuant to Section 401(k) and products and services to municipalities and not-for-profit organizations under Section 457 and 403(b) of the IRS code. Mutual Funds offers retail, proprietary and investment-only mutual funds and 529 college savings plans.

•

The Hartford includes in Corporate and Other the Company’s debt financing and related interest expense, as well as other capital raising activities, certain property and casualty insurance operations of The Hartford that have discontinued writing new business and includes substantially all of the Company’s asbestos and environmental exposures, banking operations and certain purchase accounting adjustments and other charges not allocated to the segments.

•

Certain operating and statistical measures have been incorporated herein to provide supplemental data that indicate current trends in The Hartford’s business. These measures include sales, deposits, net flows, account value, insurance in-force and premium retention. Premium retention is defined as renewal premium written in the current period divided by total premium written in the prior period.

•

The Hartford, along with others in the property and casualty insurance industry, uses underwriting ratios as measures of performance. The loss and loss adjustment expense ratio is the ratio of losses and loss adjustment expenses to earned premiums. The expense ratio is the ratio of underwriting expenses (amortization of deferred policy acquisition costs, as well as other underwriting expenses) to earned premiums. The policyholder dividend ratio is the ratio of policyholder dividends to earned premiums. The combined ratio is the sum of the loss and loss adjustment expense ratio, the expense ratio and the policyholder dividend ratio. These ratios are relative measurements that describe the related cost of losses and expenses for every $100 of earned premiums. A combined ratio below 100 demonstrates underwriting profit; a combined ratio above 100 demonstrates underwriting losses. The catastrophe ratio (a component of the loss ratio) represents the ratio of catastrophe losses to earned premiums.

•

The Hartford, along with others in the life insurance industry, uses underwriting ratios as measures of the Group Benefits segment’s performance. The loss ratio is the ratio of total benefits, losses and loss adjustment expenses, excluding buyouts, to total premiums and other considerations excluding buyout premiums. The expense ratio is the ratio of insurance operating costs and other expenses to total premiums and other considerations excluding buyout premiums.

•

Mutual fund assets are an internal measure of assets under management used by the Company because a portion of revenues are based upon asset levels. Mutual funds assets are not included on the balance sheet.

•

Assets under management is a measure used by the Company because a significant portion of the Company’s revenues are based upon asset values. These revenues increase or decrease with a rise or fall in the amount of assets under management whether caused by changes in the market or through net flow.

•

Assets under administration represents the client asset base of the Company’s recordkeeping business for which revenues are predominately based on the number of plan participants. Unlike assets under management, increases or decreases in assets under administration do not have a direct corresponding increase or decrease to the Company’s revenues.

•

NM — Not meaningful means increases or decreases greater than or equal to 200%, or changes from a net gain to a net loss position, or vice versa.

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
BASIS OF PRESENTATION (CONTINUED)

DISCUSSION OF NON-GAAP AND OTHER FINANCIAL MEASURES

•

The Hartford uses non-GAAP and other financial measures in this Investor Financial Supplement to assist investors in analyzing the Company’s operating performance for the periods presented herein. Because The Hartford’s calculation of these measures may differ from similar measures used by other companies, investors should be careful when comparing The Hartford’s non-GAAP and other financial measures to those of other companies.

•

The Hartford uses the non-GAAP financial measure core earnings as an important measure of the Company’s operating performance. The Hartford believes that the measure core earnings provides investors with a valuable measure of the performance of the Company’s ongoing businesses because it reveals trends in our insurance and financial services businesses that may be obscured by the net effect of certain realized capital gains and losses. Some realized capital gains and losses are primarily driven by investment decisions and external economic developments, the nature and timing of which are unrelated to the insurance and underwriting aspects of our business. Accordingly, core earnings excludes the effect of all realized gains and losses (net of tax and the effects of deferred policy acquisition costs (“DAC”)) that tend to be highly variable from period to period based on capital market conditions. The Hartford believes, however, that some realized capital gains and losses are integrally related to our insurance operations, so core earnings includes net realized gains and losses such as net periodic settlements on credit derivatives and net periodic settlements on the Japan fixed annuity cross-currency swap. These net realized gains and losses are directly related to an offsetting item included in the income statement such as net investment income. Core earnings is also used by management to assess our operating performance and is one of the measures considered in determining incentive compensation for our managers. Net income is the most directly comparable GAAP measure. Core earnings should not be considered as a substitute for net income and does not reflect the overall profitability of our business. Therefore, The Hartford believes that it is useful for investors to evaluate both net income and core earnings when reviewing the Company’s performance. A reconciliation of net income to core earnings for the periods presented herein is set forth on pages 1a, 1b, 2a and 2b.

•

Core earnings per share is calculated based on the non-GAAP financial measure core earnings. The Hartford believes that the measure core earnings per share provides investors with a valuable measure of the Company’s operating performance for many of the same reasons applicable to its underlying measure, core earnings. Net income per share is the most directly comparable GAAP measure. Core earnings per share should not be considered as a substitute for net income per share and does not reflect the overall profitability of our business. Therefore, the Hartford believes that it is useful for investors to evaluate both net income per share and core earnings per share when reviewing our performance. A reconciliation of net income per share to core earnings per share for the periods presented herein is set forth on pages 1a and 1b.

•

Written premiums is a statutory accounting financial measure used by The Hartford as an important indicator of the operating performance of the Company’s Property & Casualty Commercial and Consumer Markets operations. Because written premiums represents the amount of premium charged for policies issued, net of reinsurance, during a fiscal period, The Hartford believes it is useful to investors because it reflects current trends in The Hartford’s sale of property and casualty insurance products. Earned premiums, the most directly comparable GAAP measure, represents all premiums that are recognized as revenues during a fiscal period. The difference between written premiums and earned premiums is attributable to the change in unearned premium reserves. A reconciliation of written premiums to earned premiums for the periods presented herein is set forth at pages 5a, 5b, 10a and 10b.

•

The Hartford’s management evaluates profitability of the Property & Casualty Commercial and Consumer Markets segments primarily on the basis of underwriting results. Underwriting results is a before-tax measure that represents earned premiums less incurred losses, loss adjustment expenses and underwriting expenses. Net income is the most directly comparable GAAP measure. Underwriting results are influenced significantly by earned premium growth and the adequacy of The Hartford’s pricing. Underwriting profitability over time is also greatly influenced by The Hartford’s underwriting discipline, which seeks to manage exposure to loss through favorable risk selection and diversification, its management of claims, its use of reinsurance and its ability to manage its expense ratio, which it accomplishes through economies of scale and its management of acquisition costs and other underwriting expenses. The Hartford believes that underwriting results provides investors with a valuable measure of before-tax profitability derived from underwriting activities, which are managed separately from the Company’s investing activities. A reconciliation of underwriting results to net income for Property & Casualty Commercial and Consumer Markets is set forth on pages 5a and 5b and 10a and 10b, respectively.

•

A catastrophe is a severe loss, resulting from natural or manmade events, including risks such as fire, earthquake, windstorm, explosion, terrorist attack and similar events. Each catastrophe has unique characteristics. Catastrophes are not predictable as to timing or loss amount in advance, and therefore their effects are not included in earnings or losses and loss adjustment expense reserves prior to occurrence. The Hartford believes that a discussion of the effect of catastrophes is meaningful for investors to understand the variability of periodic earnings.

•

ROA, excluding net realized gains (losses), net of tax and DAC, excluded from core earnings, is a non-GAAP financial measure that the Company uses to evaluate, and believes is an important measure of, segment operating performance. ROA is the most directly comparable U.S. GAAP measure. The Hartford believes that the measure ROA, excluding net realized gains (losses), net of tax and DAC, excluded from core earnings provides investors with a valuable measure of the performance of the Company’s on-going businesses because it reveals trends in our businesses that may be obscured by the effect of excluding net realized gains (losses), net of tax and DAC, excluded from core earnings. Some realized capital gains and losses are primarily driven by investment decisions and external economic developments, the nature and timing of which are unrelated to insurance aspects of our businesses. Accordingly, these non-GAAP measures exclude the effect of all realized gains and losses that tend to be highly variable from period to period based on capital market conditions. The Hartford believes, however, that some realized capital gains and losses are integrally related to our insurance operations, so ROA, excluding net realized gains (losses), net of tax and DAC, excluded from core earnings, should include net realized gains and losses on net periodic settlements on the Japan fixed annuity cross-currency swap. These net realized gains and losses are directly related to an offsetting item included in the statement of operations such as net investment income. ROA, excluding net realized gains (losses), net of tax and DAC, excluded from core earnings should not be considered as a substitute for ROA and does not reflect the overall profitability of our businesses. Therefore, the Company believes it is important for investors to evaluate both ROA, excluding net realized gains (losses), net of tax and DAC, excluded from core earnings and ROA when reviewing the Company’s performance.

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
BASIS OF PRESENTATION (CONTINUED)

DISCUSSION OF NON-GAAP AND OTHER FINANCIAL MEASURES

•

After-tax margin, excluding net realized gains (losses), net of tax and DAC, excluded from core earnings, is a non-GAAP financial measure that the Company uses to evaluate, and believes are important measures of, segment operating performance. After-tax margin is the most directly comparable U.S. GAAP measure. The Hartford believes that the measure after-tax margin, excluding net realized gains (losses), net of tax and DAC, excluded from core earnings, provides investors with a valuable measure of the performance of the Company’s on-going businesses because it reveals trends in our businesses that may be obscured by the effect of realized gains (losses). Some realized capital gains and losses are primarily driven by investment decisions and external economic developments, the nature and timing of which are unrelated to insurance aspects of our businesses. Accordingly, these non-GAAP measures exclude the effect of all realized gains and losses that tend to be highly variable from period to period based on capital market conditions. The Hartford believes, however, that some realized capital gains and losses are integrally related to our insurance operations, so after-tax margin, excluding net realized gains (losses), net of tax and DAC, excluded from core earnings, should include net realized gains and losses on net periodic settlements on the Japan fixed annuity cross-currency swap. These net realized gains and losses are directly related to an offsetting item included in the statement of operations such as net investment income. After-tax margin, excluding net realized gains (losses), net of tax and DAC, excluded from core earnings, should not be considered as a substitute for after-tax margin and does not reflect the overall profitability of our businesses. Therefore, the Company believes it is important for investors to evaluate both after-tax margin, excluding net realized gains (losses), net of tax and DAC, excluded from core earnings, and after-tax margin when reviewing the Company’s performance.

iii

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
OPERATING RESULTS BY SEGMENT

(A reconciliation of core earnings (losses) to net income (loss) for each of the segments is set forth on the respective segment pages
contained in this supplement.)


	THREE MONTHS ENDED						SIX MONTHS ENDED
	Mar. 31,			Jun. 30,			JUNE 30,
	2010			2010			2009			2010			Change

Property & Casualty Commercial	$	242		$	258		$	460		$	500			9	%

Group Benefits		50			34			107			84			(21	%)

Commercial Markets core earnings		292			292			567			584			3	%

Consumer Markets core earnings (losses)		63			(15	)		88			48			(45	%)

Global Annuity [1]		209			(9	)		(969	)		200		NM
Life Insurance		48			60			57			108			89	%
Retirement Plans		11			10			(48	)		21		NM
Mutual Funds		26			22			6			48		NM

Wealth Management core earnings (losses) [1]		294			83			(954	)		377		NM

Corporate and Other core losses [2][3][4]		(104	)		(268	)		(254	)		(372	)		(46	%)


CONSOLIDATED
Core earnings (losses)		545			92			(553	)		637		NM
Add: Net realized capital losses, net of tax and DAC, excluded from core earnings (losses) [5][6]		(226	)		(16	)		(671	)		(242	)		64	%

Net income (loss)	$	319		$	76		$	(1,224	)	$	395		NM


PER SHARE DATA
Diluted earnings (losses) per common share
Net income (loss) available to common shareholders	$	(0.42	)	$	0.14		$	(3.80	)	$	(0.24	)		94	%
Add: Difference arising from shares used for the denominator between net loss and core earnings		0.03			—			—			0.02			—
Less: Net realized capital losses, net of tax and DAC, excluded from core earnings (losses)		(0.53	)		(0.03	)		(2.08	)		(0.53	)		75	%

Core earnings (losses) available to common shareholders		0.14			0.17			(1.72	)		0.31		NM
Add: Impact of assumed conversion of preferred shares to common		—			—			—			—			—
Core earnings (losses) available to common shareholders and assumed conversion of preferred shares	$	0.14		$	0.17		$	(1.72	)	$	0.31		NM


[1]		Includes the after-tax charge of $40 recorded in the six months ended June 30, 2009, for the effect of the triggering of the guaranteed minimum income benefit for the 3Win product on amortization of deferred policy acquisition costs and policyholder benefits. See page 17a for additional information on the 3Win Trigger.

[2]		Includes an after-tax charge of $32 for goodwill impairments in the six months ended June 30, 2009 and an after-tax charge of $47 for a litigation settlement in the three months ended March 31, 2010 and six months ended June 30, 2010. Also, includes an after-tax charge of $100 for goodwill impairments in the three and six months ended June 30, 2010.

[3]		Included in Corporate and Other are the after-tax restructuring charges of $54 and $6 recorded in the three months ended June 30, 2009 and June 30, 2010, respectively.

[4]		The three and six months ended June 30, 2009 included an asbestos reserve increase of $90, after-tax, partially offset by a decrease in the allowance for uncollectible reinsurance of $13, after-tax. The three and six months ended June 30, 2010 included an asbestos reserve increase of $110, after-tax.

[5]		See page 3a for disclosure of the components of net realized capital gains (losses), net of tax and DAC, for the periods presented herein.

[6]		Includes those net realized capital losses not included in core earnings (losses). Please refer to the prior Investor Financial Supplements for the analysis of net realized capital gains (losses), after-tax and DAC.

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
OPERATING RESULTS BY SEGMENT

(A reconciliation of core earnings (losses) to net income (loss) for each of the segments is set forth on the respective segment pages
contained in this supplement.)


	THREE MONTHS ENDED												YEAR ENDED
	Mar. 31,			Jun. 30,			Sept. 30,			Dec. 31,			DECEMBER 31,
	2009			2009			2009			2009			2008			2009			Change

Property & Casualty Commercial	$	225		$	235		$	258		$	318		$	964		$	1,036			7	%

Group Benefits		66			41			85			79			345			271			(21	%)

Commercial Markets core earnings		291			276			343			397			1,309			1,307			—

Consumer Markets core earnings		74			14			24			62			309			174			(44	%)

Global Annuity [1]		(1,407	)		438			381			251			(457	)		(337	)		26	%
Life Insurance		8			49			34			37			144			128			(11	%)
Retirement Plans		(54	)		6			15			(1	)		11			(34	)	NM
Mutual Funds		1			5			11			17			38			34			(11	%)

Wealth Management core earnings (losses) [1][2]		(1,452	)		498			441			304			(264	)		(209	)		21	%

Corporate and Other core losses [2][3][4]		(88	)		(166	)		(148	)		(74	)		(496	)		(476	)		4	%


CONSOLIDATED
Core earnings (losses)		(1,175	)		622			660			689			858			796			(7	%)
Add: Net realized capital losses, net of tax and DAC, excluded from core earnings (losses) [5][6]		(34	)		(637	)		(880	)		(132	)		(3,607	)		(1,683	)		53	%

Net income (loss)	$	(1,209	)	$	(15	)	$	(220	)	$	557		$	(2,749	)	$	(887	)		68	%


PER SHARE DATA
Diluted earnings (losses) per common share
Net income (loss) available to common shareholders	$	(3.77	)	$	(0.06	)	$	(0.79	)	$	1.19		$	(8.99	)	$	(2.93	)		67	%
Add: Difference arising from shares used for the denominator between net loss and core earnings		—			—			—			—			(0.18	)		(0.13	)		28	%
Less: Net realized capital losses, net of tax and DAC, excluded from core earnings (losses)		(0.11	)		(1.96	)		(2.35	)		(0.32	)		(11.52	)		(4.65	)		60	%

Core earnings (losses) available to common shareholders		(3.66	)		1.90			1.56			1.51			2.71			1.85			(32	%)
Add: Impact of assumed conversion of preferred shares to common		—			—			—			—			0.03			—			(100	%)
Core earnings (losses) available to common shareholders and assumed conversion of preferred shares	$	(3.66	)	$	1.90		$	1.56		$	1.51		$	2.74		$	1.85			(32	%)


[1]		Includes the after-tax charges of $152 recorded in the year ended December 31, 2008, for the effect of the triggering of the guaranteed minimum income benefit for the 3Win product on amortization of deferred policy acquisition costs and policyholder benefits and additional 3 Win related charges recorded in the three months ended March 31, 2009 and year ended December 31, 2009, of $40.

[2]		Includes an after-tax charge of $274 and $323 for Wealth Management and Corporate and Other, respectively, for goodwill impairments in the year ended December 31, 2008. Also includes in Corporate and Other, an after-tax charge of $32 for goodwill impairments in the three months ended March 31, 2009 and year ended December 31, 2009.

[3]		Included in Corporate and Other are the after-tax restructuring charges of $54, $22 and $21 recorded in the three months ended June 30, 2009, September 30, 2009 and December 31, 2009, respectively.

[4]		The year ended December 31, 2008 included an asbestos reserve increase of $33, after-tax, and an environmental reserve increase of $34, after-tax. The three months ended June 30, 2009 included an asbestos reserve increase of $90, after-tax, partially offset by a decrease in the allowance for uncollectible reinsurance of $13, after-tax. The three months ended September 30, 2009 included an environmental reserve increase of $49, after-tax. The three months ended December 31, 2009 included an unallocated loss adjustment expense reserve increase of $16, after-tax.

[5]		See page 3b for disclosure of the components of net realized capital gains (losses), net of tax and DAC, for the periods presented herein.

[6]		Includes those net realized capital losses not included in core earnings (losses). Please refer to the prior Investor Financial Supplements for the analysis of net realized capital gains (losses), after-tax and DAC.

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
ANALYSIS OF OPERATING RESULTS BY SEGMENT

(A reconciliation of core earnings (losses) to net income (loss) for each of the segments is set forth on the respective segment pages
contained in this supplement.)


	THREE MONTHS ENDED						SIX MONTHS ENDED
	Mar. 31,			Jun. 30,			JUNE 30,
	2010			2010			2009			2010			Change

Property & Casualty Commercial	$	242		$	258		$	460		$	500			9	%

Group Benefits		50			34			107			84			(21	%)

Commercial Markets core earnings		292			292			567			584			3	%

Consumer Markets core earnings (losses)		63			(15	)		88			48			(45	%)

Global Annuity [1]		130			153			88			283		NM
Life Insurance		49			63			81			112			38	%
Retirement Plans		10			13			6			23		NM
Mutual Funds		26			22			6			48		NM

Wealth Management core earnings, excluding DAC Unlock [1]		215			251			181			466			157	%
DAC Unlock		79			(168	)		(1,135	)		(89	)		92	%

Wealth Management core earnings (losses) [1]		294			83			(954	)		377		NM

Corporate and Other core losses [2][3][4]		(104	)		(268	)		(254	)		(372	)		(46	%)


CONSOLIDATED
Core earnings (losses)		545			92			(553	)		637		NM
Add: Net realized capital losses, net of tax and DAC, excluded from core earnings (losses) [5][6]		(226	)		(16	)		(671	)		(242	)		64	%

Net income (loss)	$	319		$	76		$	(1,224	)	$	395		NM


[1]		Includes the after-tax charge of $40 recorded in the six months ended June 30, 2009, for the effect of the triggering of the guaranteed minimum income benefit for the 3Win product on amortization of deferred policy acquisition costs and policyholder benefits. See page 17a for additional information on the 3Win Trigger.

[2]		Includes an after-tax charge of $32 for goodwill impairments in the six months ended June 30, 2009 and an after-tax charge of $47 for a litigation settlement in the three months ended March 31, 2010 and six months ended June 30, 2010. Also, includes an after-tax charge of $100 for Goodwill impairments in the three and six months ended June 30, 2010.

[3]		Included in Corporate and Other are the after-tax restructuring charges of $54 and $6 recorded in the three months ended June 30, 2009 and June 30, 2010, respectively.

[4]		The three and six months ended June 30, 2009 included an asbestos reserve increase of $90, after-tax, partially offset by a decrease in the allowance for uncollectible reinsurance of $13, after-tax. The three and six months ended June 30, 2010 included an asbestos reserve increase of $110, after-tax.

[5]		See page 3a for disclosure of the components of net realized capital gains (losses), net of tax and DAC, for the periods presented herein.

[6]		Includes those net realized capital losses not included in core earnings (losses). Please refer to the prior Investor Financial Supplements for the analysis of net realized capital gains (losses), after-tax and DAC.


	THREE MONTHS ENDED												YEAR ENDED
	Mar. 31,			Jun. 30,			Sept. 30,			Dec. 31,			DECEMBER 31,
	2009			2009			2009			2009			2008			2009			Change

Property & Casualty Commercial	$	225		$	235		$	258		$	318		$	964		$	1,036			7	%

Group Benefits		66			41			85			79			345			271			(21	%)

Commercial Markets core earnings		291			276			343			397			1,309			1,307			—

Consumer Markets core earnings		74			14			24			62			309			174			(44	%)

Global Annuity [1]		6			82			135			171			389			394			1	%
Life Insurance		34			47			56			40			181			177			(2	%)
Retirement Plans		—			6			8			(2	)		59			12			(80	%)
Mutual Funds		1			5			11			17			39			34			(13	%)

Wealth Management core earnings, excluding DAC Unlock [1]		41			140			210			226			668			617			(8	%)
DAC Unlock		(1,493	)		358			231			78			(932	)		(826	)		11	%

Wealth Management core earnings (losses) [1]		(1,452	)		498			441			304			(264	)		(209	)		21	%

Corporate and Other core losses [2][3][4]		(88	)		(166	)		(148	)		(74	)		(496	)		(476	)		4	%


CONSOLIDATED
Core earnings (losses)		(1,175	)		622			660			689			858			796			(7	%)
Add: Net realized capital losses, net of tax and DAC, excluded from core earnings (losses) [5][6]		(34	)		(637	)		(880	)		(132	)		(3,607	)		(1,683	)		53	%

Net income (loss)	$	(1,209	)	$	(15	)	$	(220	)	$	557		$	(2,749	)	$	(887	)		68	%


[1]		Includes the after-tax charges of $152 recorded in the year ended December 31, 2008, for the effect of the triggering of the guaranteed minimum income benefit for the 3Win product on amortization of deferred policy acquisition costs and policyholder benefits and additional 3 Win related charges recorded in the three months ended March 31, 2009 and year ended December 31, 2009, of $40.

[2]		Includes an after-tax charge of $274 and $323 for Wealth Management and Corporate, respectively, for goodwill impairments in the year ended December 31, 2008. Also includes in Corporate and Other an after-tax charge of $32 for goodwill impairments in the three months ended March 31, 2009 and year ended December 31, 2009.

[3]		Included in Corporate and Other are the after-tax restructuring charges of $54, $22 and $21 recorded in the three months ended June 30, 2009, September 30, 2009 and December 31, 2009, respectively.

[4]		The year ended December 31, 2008 included an asbestos reserve increase of $33, after-tax, and an environmental reserve increase of $34, after-tax. The three months ended June 30, 2009 included an asbestos reserve increase of $90, after-tax, partially offset by a decrease in the allowance for uncollectible reinsurance of $13, after-tax. The three months ended September 30, 2009 included an environmental reserve increase of $49, after-tax. The three months ended December 31, 2009 included an unallocated loss adjustment expense reserve increase of $16, after-tax.

[5]		See page 3b for disclosure of the components of net realized capital gains (losses), net of tax and DAC, for the periods presented herein.

[6]		Includes those net realized capital losses not included in core earnings (losses). Please refer to the prior Investor Financial Supplements for the analysis of net realized capital gains (losses), after-tax and DAC.

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
COMPONENTS OF NET REALIZED CAPITAL GAINS (LOSSES), AFTER-TAX AND DAC, EXCLUDED FROM CORE EARNINGS (LOSSES) [1]


	Property &						Total			Total
	Casualty			Group			Commercial			Consumer									Retirement			Mutual			Total Wealth			Corporate and
	Commercial			Benefits			Markets			Markets			Global Annuity			Life Insurance			Plans			Funds			Management			Other			Consolidated

*Three months ended March 31, 2010*
Total net realized capital gains (losses) and other, before-tax and DAC, excluded from core earnings (losses)	$	(29	)	$	10		$	(19	)	$	(5	)	$	(198	)	$	(27	)	$	(14	)	$	1		$	(238	)	$	(10	)	$	(272	)
Less: Impacts of DAC		—			—			—			—			(61	)		0			(3	)		—			(64	)		1			(63	)
Less: Impacts of tax		7			9			16			2			(8	)		(3	)		6			1			(4	)		3			17

Total net realized capital gains (losses), net of tax and DAC, excluded from core earnings (losses)	$	(36	)	$	1		$	(35	)	$	(7	)	$	(129	)	$	(24	)	$	(17	)	$	(0	)	$	(170	)	$	(14	)	$	(226	)


*Three months ended June 30, 2010*

Total net realized capital gains (losses) and other, before-tax and DAC, excluded from core earnings (losses)	$	17		$	23		$	40		$	3		$	(110	)	$	59		$	7		$	0		$	(44	)	$	16		$	15
Less: Impacts of DAC		—			—			—			—			53			(7	)		(0	)		—			46			1			47
Less: Impacts of tax		5			9			14			1			(58	)		23			3			(1	)		(33	)		2			(16	)

Total net realized capital gains (losses), net of tax and DAC, excluded from core earnings (losses)	$	12		$	14		$	26		$	2		$	(105	)	$	43		$	4		$	1		$	(57	)	$	13		$	(16	)


*Six months ended June 30, 2009*

Total net realized capital gains (losses) and other, before-tax and DAC, excluded from core earnings (losses)	$	(288	)	$	(37	)	$	(325	)	$	(71	)	$	380		$	(84	)	$	(135	)	$	—		$	161		$	(318	)	$	(553	)
Less: Impacts of DAC		—			—			—			—			411			(11	)		(12	)		—			388			(9	)		379
Less: Impacts of tax		(95	)		(13	)		(108	)		(23	)		(16	)		(26	)		(43	)		—			(85	)		(45	)		(261	)

Total net realized capital gains (losses), net of tax and DAC, excluded from core earnings (losses)	$	(193	)	$	(24	)	$	(217	)	$	(48	)	$	(15	)	$	(47	)	$	(80	)	$	—		$	(142	)	$	(264	)	$	(671	)


*Six months ended June 30, 2010*

Total net realized capital gains (losses) and other, before-tax and DAC, excluded from core earnings (losses)	$	(12	)	$	33		$	21		$	(2	)	$	(308	)	$	32		$	(7	)	$	1		$	(282	)	$	6		$	(257	)
Less: Impacts of DAC		—			—			—			—			(8	)		(7	)		(3	)		—			(18	)		2			(16	)
Less: Impacts of tax		12			18			30			3			(66	)		20			9			—			(37	)		5			1

Total net realized capital gains (losses), net of tax and DAC, excluded from core earnings (losses)	$	(24	)	$	15		$	(9	)	$	(5	)	$	(234	)	$	19		$	(13	)	$	1		$	(227	)	$	(1	)	$	(242	)


[1]		The above tables show the components of net realized capital gains (losses), net of tax and DAC, excluded from core earnings (losses). The impacts of DAC are calculated consistent with the Company’s accounting policy on amortization of DAC. The impacts of tax are calculated at an effective tax rate of 35%, as applicable. Impacts of tax also includes any increase in the deferred tax asset valuation allowance.

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
COMPONENTS OF NET REALIZED CAPITAL GAINS (LOSSES), AFTER-TAX AND DAC, EXCLUDED FROM CORE EARNINGS (LOSSES) [1]


	Property &						Total			Total
	Casualty			Group			Commercial			Consumer									Retirement			Mutual			Total Wealth			Corporate and
	Commercial			Benefits			Markets			Markets			Global Annuity			Life Insurance			Plans			Funds			Management			Other			Consolidated

*Three months ended March 31, 2009*
Total net realized capital gains (losses) and other, before-tax and DAC, excluded from core earnings (losses)	$	(229	)	$	4		$	(225	)	$	(58	)	$	504		$	(35	)	$	(57	)	$	—		$	412		$	(14	)	$	115
Less: Impacts of DAC		—			—			—			—			215			(4	)		(3	)		—			208			(3	)		205
Less: Impacts of tax		(80	)		1			(79	)		(21	)		102			(12	)		(20	)		(1	)		69			(25	)		(56	)

Total net realized capital gains (losses), net of tax and DAC, excluded from core earnings (losses)	$	(149	)	$	3		$	(146	)	$	(37	)	$	187		$	(19	)	$	(34	)	$	1		$	135		$	14		$	(34	)


*Three months ended June 30, 2009*

Total net realized capital gains (losses) and other, before-tax and DAC, excluded from core earnings (losses)	$	(59	)	$	(41	)	$	(100	)	$	(13	)	$	(124	)	$	(49	)	$	(78	)	$	—		$	(251	)	$	(304	)	$	(668	)
Less: Impacts of DAC		—			—			—			—			196			(7	)		(9	)		—			180			(6	)		174
Less: Impacts of tax		(15	)		(14	)		(29	)		(2	)		(118	)		(14	)		(23	)		1			(154	)		(20	)		(205	)

Total net realized capital gains (losses), net of tax and DAC, excluded from core earnings (losses)	$	(44	)	$	(27	)	$	(71	)	$	(11	)	$	(202	)	$	(28	)	$	(46	)	$	(1	)	$	(277	)	$	(278	)	$	(637	)


*Three months ended September 30, 2009*

Total net realized capital gains (losses) and other, before-tax and DAC, excluded from core earnings (losses)	$	(63	)	$	(31	)	$	(94	)	$	(14	)	$	(925	)	$	(34	)	$	(88	)	$	—		$	(1,047	)	$	(60	)	$	(1,215	)
Less: Impacts of DAC		—			—			—			—			159			2			(12	)		—			149			(4	)		145
Less: Impacts of tax		(22	)		(11	)		(33	)		(5	)		(383	)		(10	)		(27	)		0			(420	)		(22	)		(480	)

Total net realized capital gains (losses), net of tax and DAC, excluded from core earnings (losses)	$	(41	)	$	(20	)	$	(61	)	$	(9	)	$	(701	)	$	(26	)	$	(49	)	$	(0	)	$	(776	)	$	(34	)	$	(880	)


*Three months ended December 31, 2009*

Total net realized capital gains (losses) and other, before-tax and DAC, excluded from core earnings (losses)	$	148		$	(53	)	$	95		$	35		$	(134	)	$	(30	)	$	(103	)	$	—		$	(267	)	$	(47	)	$	(184	)
Less: Impacts of DAC		—			—			—			—			15			(4	)		(13	)		—			(2	)		(1	)		(3	)
Less: Impacts of tax		51			(19	)		32			12			(36	)		(10	)		(31	)		(0	)		(77	)		(16	)		(49	)

Total net realized capital gains (losses), net of tax and DAC, excluded from core earnings (losses)	$	97		$	(34	)	$	63		$	23		$	(113	)	$	(16	)	$	(59	)	$	0		$	(188	)	$	(30	)	$	(132	)


*Year ended December 31, 2008*

Total net realized capital gains (losses) and other, before-tax and DAC, excluded from core earnings (losses)	$	(1,279	)	$	(539	)	$	(1,818	)	$	(319	)	$	(3,113	)	$	(255	)	$	(268	)	$	(1	)	$	(3,637	)	$	(142	)	$	(5,916	)
Less: Impacts of DAC		—			—			—			—			(326	)		(2	)		(10	)		—			(338	)		1			(337	)
Less: Impacts of tax		(448	)		(188	)		(636	)		(112	)		(957	)		(90	)		(90	)		0			(1,137	)		(87	)		(1,972	)

Total net realized capital gains (losses), net of tax and DAC, excluded from core earnings (losses)	$	(831	)	$	(351	)	$	(1,182	)	$	(207	)	$	(1,830	)	$	(163	)	$	(168	)	$	(1	)	$	(2,162	)	$	(56	)	$	(3,607	)


*Year ended December 31, 2009*

Total net realized capital gains (losses) and other, before-tax and DAC, excluded from core earnings (losses)	$	(203	)	$	(121	)	$	(324	)	$	(50	)	$	(679	)	$	(148	)	$	(326	)	$	—		$	(1,153	)	$	(425	)	$	(1,952	)
Less: Impacts of DAC		—			—			—			—			585			(13	)		(37	)		—			535			(14	)		521
Less: Impacts of tax		(66	)		(43	)		(109	)		(16	)		(435	)		(46	)		(101	)		(0	)		(582	)		(83	)		(790	)

Total net realized capital gains (losses), net of tax and DAC, excluded from core earnings (losses)	$	(137	)	$	(78	)	$	(215	)	$	(34	)	$	(829	)	$	(89	)	$	(188	)	$	0		$	(1,106	)	$	(328	)	$	(1,683	)


[1]		The above tables show the components of net realized capital gains (losses), net of tax and DAC, excluded from core earnings (losses). The impacts of DAC are calculated consistent with the Company’s accounting policy on amortization of DAC. The impacts of tax are calculated at an effective tax rate of 35% as applicable. Impacts of tax also includes any increase in the deferred tax asset valuation allowance.

COMMERCIAL MARKETS

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
COMMERCIAL MARKETS
INCOME STATEMENTS


						SIX MONTHS ENDED
	Mar. 31,			Jun. 30,		JUNE 30,
	2010			2010		2009			2010			Change

Earned premiums	$	2,513		$	2,477	$	5,213		$	4,990			(4	%)
Fee income		13			12		20			25			25	%
Net investment income		330			356		533			686			29	%
Other revenues		75			80		161			155			(4	%)
Net realized capital (losses) gains		(22	)		38		(331	)		16		NM

Total revenues		2,909			2,963		5,596			5,872			5	%

Losses and loss adjustment expenses [1]		1,690			1,645		3,437			3,335			(3	%)
Amortization of deferred policy acquisition costs		356			355		735			711			(3	%)
Insurance operating costs and other expenses [2]		479			520		975			999			2	%

Total benefits and expenses		2,525			2,520		5,147			5,045			(2	%)

Income before income taxes		384			443		449			827			84	%

Income tax expense		127			125		99			252			155	%

Net income		257			318		350			575			64	%

Less: Net realized capital (losses) gains, after-tax, excluded from core earnings [3]		(35	)		26		(217	)		(9	)		96	%


Core earnings	$	292		$	292	$	567		$	584			3	%


[1]		The six months ended June 30, 2009 included $71 of reserve releases related to general liability claims, $38 of reserve releases related to workers’ compensation claims, $50 of reserve releases related to professional liability claims and a $19 reduction in the allowance for uncollectible reinsurance, partially offset by $36 of reserve strengthening for package business and $25 of reserve strengthening for surety business. The three months ended March 31, 2010 included $22 of reserve releases related to professional liability claims and $10 of reserve releases related to general liability umbrella claims. The three months ended June 30, 2010 included $21 of general liability loss adjustment expense reserve strengthening, partially offset by $61 of reserve releases related to professional liability claims, $12 of reserve releases related to auto liability claims, a $25 reduction in the allowance for uncollectible reinsurance, $27 of reserve releases related to general liability umbrella and high hazard claims and $17 of reserve releases related to programs business.

[2]		The six months ended June 30, 2009 included a $7 reduction to an assessment from the Texas Windstorm Insurance Association (“TWIA”). The six months ended June 30, 2009 included a $6 increase in the assessment for second injury fund and reserve strengthening of $9 for other state funds and taxes. The three months ended March 31, 2010 included a decrease in prior year dividends of $12. The three months ended June 30, 2010 included taxes, licenses and fees reserve strengthening of $20 due to an increase in the assessment for New York state funds and taxes.

[3]		See page 3a for disclosure of the components of net realized capital gains (losses), net of tax, for the periods presented herein.

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
COMMERCIAL MARKETS
INCOME STATEMENTS


												YEAR ENDED
	Mar. 31,			Jun. 30,			Sept. 30,			Dec. 31,		DECEMBER 31,
	2009			2009			2009			2009		2008			2009			Change

Earned premiums	$	2,656		$	2,557		$	2,501		$	2,498	$	10,751		$	10,212			(5	%)
Fee income		12			8			10			11		35			41			17	%
Net investment income		238			295			311			318		1,222			1,162			(5	%)
Other revenues		80			81			85			88		363			334			(8	%)
Net realized capital (losses) gains		(229	)		(102	)		(98	)		92		(1,817	)		(337	)		81	%

Total revenues		2,757			2,839			2,809			3,007		10,554			11,412			8	%

Losses and loss adjustment expenses [1]		1,756			1,681			1,547			1,478		6,966			6,462			(7	%)
Amortization of deferred policy acquisition costs		372			363			361			358		1,518			1,454			(4	%)
Insurance operating costs and expenses [2]		466			509			513			498		2,031			1,986			(2	%)

Total benefits and expenses		2,594			2,553			2,421			2,334		10,515			9,902			(6	%)

Income before income taxes		163			286			388			673		39			1,510		NM

Income tax expense (benefit)		18			81			106			213		(88	)		418		NM

Net income		145			205			282			460		127			1,092		NM

Less: Net realized capital (losses) gains, after-tax, excluded from core earnings [3]		(146	)		(71	)		(61	)		63		(1,182	)		(215	)		82	%


Core earnings	$	291		$	276		$	343		$	397	$	1,309		$	1,307			—


[1]		The year ended December 31, 2008 included catastophe losses from hurricane Ike. The year ended December 31, 2008 included $156 of net reserve releases related to workers’ compensation claims, $75 of reserve releases related to professional liability claims and $40 of net reserve releases related to general liability claims. The three months ended December 31, 2009 included $39 of reserve releases related to auto liability claims, $53 of reserve releases related to professional liability claims and $27 of reserve releases related to general liability claims. The year ended December 31, 2009 included $127 of reserve releases related to professional liability claims, $47 of reserve releases related to auto liability claims, $112 of reserve releases related to general liability claims, $92 of reserve releases related to workers’ compensation claims and a $19 reduction in the allowance for uncollectible reinsurance, partially offset by $38 of reserve strengthening related to package business and $28 of reserve strengthening related to surety business.

[2]		Included in the year ended December 31, 2008 was a $26 increase in the estimated amount of dividends payable to certain workers’ compensation policyholders due to underwriting profits. The year ended December 31, 2008 included an assessment of $10 from the Texas Windstorm Insurance Association (“TWIA”), primarily related to hurricane Ike. The three months ended March 31, 2009 included a reduction to the TWIA assessment of $7. The three months ended June 30, 2009 included a $6 increase in the assessment for second injury fund and reserve strengthening of $9 for other state funds and taxes. The three months ended December 31, 2009 included a decrease in prior year dividends of $10. The three months ended December 31, 2009 included a $2 increase in litigation reserves and a $9 increase in estimated non-income tax liabilities.

[3]		See page 3b for disclosure of the components of net realized capital gains (losses), net of tax, for the periods presented herein.

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
COMMERCIAL MARKETS
PROPERTY & CASUALTY COMMERCIAL
OPERATING RESULTS


							SIX MONTHS ENDED
	Mar. 31,			Jun. 30,			JUNE 30,
	2010			2010			2009			2010			Change
UNDERWRITING RESULTS
Written premiums	$	1,512		$	1,388		$	2,929		$	2,900			(1	%)
Change in unearned premium reserve		88			(27	)		(92	)		61		NM

Earned premiums		1,424			1,415			3,021			2,839			(6	%)

Losses and loss adjustment expenses
Current accident year before catastrophes [1]		893			853			1,845			1,746			(5	%)
Current accident year catastrophes		38			83			55			121			120	%
Prior accident years [2]		(84	)		(137	)		(145	)		(221	)		(52	%)

Total losses and loss adjustment expenses		847			799			1,755			1,646			(6	%)

Underwriting expenses [3]		436			466			902			902			—
Dividends to policyholders [4]		8			(4	)		(10	)		4		NM

Underwriting results		149			146			354			295			(17	%)

Net investment income		223			246			340			469			38	%
Periodic net coupon settlements on credit derivatives, before-tax		(2	)		(2	)		(5	)		(4	)		20	%
Other expenses		(33	)		(29	)		(57	)		(62	)		(9	%)
Income tax benefit (expense)		(95	)		(103	)		(172	)		(198	)		(15	%)

Core earnings		242			258			460			500			9	%

Add: Net realized capital gains (losses), after-tax [5]		(36	)		12			(193	)		(24	)		88	%


Net income	$	206		$	270		$	267		$	476			78	%


[1]		The three months ended June 30, 2010 included current accident year reserve strengthening, totaling $8, primarily related to professional liability claims.

[2]		The six months ended June 30, 2009 included $71 of reserve releases related to general liability claims, $38 of reserve releases related to workers’ compensation claims, $50 of reserve releases related to professional liability claims and a $19 reduction in the allowance for uncollectible reinsurance, partially offset by $36 of reserve strengthening for package business and $25 of reserve strengthening for surety business. The three months ended March 31, 2010 included $22 of reserve releases related to professional liability claims and $10 of reserve releases related to general liability umbrella claims. The three months ended June 30, 2010 included $21 of general liability loss adjustment expense reserve strengthening, partially offset by $61 of reserve releases related to professional liability claims, $12 of reserve releases related to auto liability claims, a $25 reduction in the allowance for uncollectible reinsurance, $27 of reserve releases related to general liability umbrella and high hazard claims and $17 of reserve releases related to programs business.

[3]		The six months ended June 30, 2009 included a $7 reduction to an assessment from the Texas Windstorm Insurance Association (“TWIA”). The six months ended June 30, 2009 included a $6 increase in the assessment for second injury fund and reserve strengthening of $9 for other state funds and taxes. The three months ended June 30, 2010 included taxes, licenses and fees reserve strengthening of $20 due to an increase in the assessment for New York state funds and taxes.

[4]		The three months ended March 31, 2010 included a decrease in prior year dividends of $12.

[5]		See page 3a for disclosure of the components of net realized capital gains (losses), net of tax, for the periods presented herein.

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
COMMERCIAL MARKETS
PROPERTY & CASUALTY COMMERCIAL
OPERATING RESULTS


													YEAR ENDED
	Mar. 31,			Jun. 30,			Sept. 30,			Dec. 31,			DECEMBER 31,
	2009			2009			2009			2009			2008			2009			Change
UNDERWRITING RESULTS
Written premiums	$	1,513		$	1,416		$	1,387		$	1,399		$	6,291		$	5,715			(9	%)
Change in unearned premium reserve		(17	)		(75	)		(55	)		(41	)		(104	)		(188	)		(81	%)

Earned premiums		1,530			1,491			1,442			1,440			6,395			5,903			(8	%)

Losses and loss adjustment expenses
Current accident year before catastrophes [1]		954			891			886			859			3,844			3,590			(7	%)
Current accident year catastrophes [2]		22			33			25			(2	)		285			78			(73	%)
Prior accident years [3]		(80	)		(65	)		(106	)		(151	)		(307	)		(402	)		(31	%)

Total losses and loss adjustment expenses		896			859			805			706			3,822			3,266			(15	%)

Underwriting expenses [4]		446			456			449			441			1,848			1,792			(3	%)
Dividends to policyholders [5]		(5	)		(5	)		(5	)		5			(47	)		(10	)		79	%

Underwriting results		183			171			183			298			678			835			23	%


Net investment income		147			193			206			213			803			759			(5	%)
Periodic net coupon settlements on credit derivatives, before-tax		(3	)		(2	)		(3	)		(2	)		2			(10	)	NM
Other expenses [6]		(29	)		(28	)		(24	)		(42	)		(106	)		(123	)		(16	%)
Income tax benefit (expense)		(73	)		(99	)		(104	)		(149	)		(413	)		(425	)		(3	%)

Core earnings		225			235			258			318			964			1,036			7	%

Add: Net realized capital gains (losses), after-tax [7]		(149	)		(44	)		(41	)		97			(831	)		(137	)		84	%


Net income	$	76		$	191		$	217		$	415		$	133		$	899		NM


[1]		The three months ended December 31, 2009 included current accident year reserve strengthening of $5, primarily related to general liability claims, offset by current accident year reserve releases of $14 primarily related to professional liability and workers’ compensation claims.

[2]		Catastrophe losses for the year ended December 31, 2008 included losses from hurricane Ike.

[3]		The year ended December 31, 2008 included $156 of net reserve releases related to workers’ compensation claims, $75 of reserve releases related to professional liability claims and $40 of net reserve releases related to general liability claims. The three months ended December 31, 2009 included $39 of reserve releases related to auto liability claims, $53 of reserve releases related to professional liability claims and $27 of reserve releases related to general liability claims. The year ended December 31, 2009 included $127 of reserve releases related to professional liability claims, $47 of reserve releases related to auto liability claims, $112 of reserve releases related to general liability claims, $92 of reserve releases related to workers’ compensation claims and a $19 reduction in the allowance for uncollectible reinsurance, partially offset by $38 of reserve strengthening related to package business and $28 of reserve strengthening related to surety business.

[4]		The year ended December 31, 2008 included an assessment of $10 from the Texas Windstorm Insurance Association (“TWIA”), primarily related to hurricane Ike. The three months ended March 31, 2009 included a reduction to the TWIA assessment of $7. The three months ended June 30, 2009 included a $6 increase in the assessment for second injury fund and reserve strengthening of $9 for other state funds and taxes.

[5]		Included in policyholder dividends for the year ended December 31, 2008 was a $26 increase in the estimated amount of dividends payable to certain workers’ compensation policyholders due to underwriting profits. The three months ended December 31, 2009 included a decrease in prior year dividends of $10.

[6]		The three months ended December 31, 2009 included a $2 increase in litigation reserves and a $9 increase in estimated non-income tax liabilities.

[7]		See page 3b for disclosure of the components of net realized capital gains (losses), net of tax, for the periods presented herein.

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
COMMERCIAL MARKETS
PROPERTY & CASUALTY COMMERCIAL
UNDERWRITING RESULTS


							SIX MONTHS ENDED
	Mar. 31,			Jun. 30,			JUNE 30,
	2010			2010			2009			2010			Change
UNDERWRITING RESULTS
Written premiums	$	1,512		$	1,388		$	2,929		$	2,900			(1	%)
Change in unearned premium reserve		88			(27	)		(92	)		61		NM

Earned premiums		1,424			1,415			3,021			2,839			(6	%)

Losses and loss adjustment expenses
Current accident year before catastrophes [1]		893			853			1,845			1,746			(5	%)
Current accident year catastrophes		38			83			55			121			120	%
Prior accident years [2]		(84	)		(137	)		(145	)		(221	)		(52	%)

Total losses and loss adjustment expenses		847			799			1,755			1,646			(6	%)

Underwriting expenses [3]		436			466			902			902			—
Dividends to policyholders [4]		8			(4	)		(10	)		4		NM

Underwriting results	$	149		$	146		$	354		$	295			(17	%)


UNDERWRITING RATIOS
Losses and loss adjustment expenses
Current accident year before catastrophes [1]		62.6			60.3			60.8			61.5			(0.7	)
Current accident year catastrophes		2.7			5.9			1.8			4.3			(2.5	)
Prior accident years [2] [5]		(5.8	)		(9.9	)		(4.6	)		(7.8	)		3.2

Total losses and loss adjustment expenses		59.5			56.4			58.1			57.9			0.2

Expenses		30.6			33.0			29.9			31.8			(1.9	)
Policyholder dividends		(0.6	)		0.3			0.3			(0.1	)		0.4


Combined ratio		89.6			89.6			88.3			89.6			(1.3	)


Catastrophes
Current year		2.7			5.9			1.8			4.3			(2.5	)
Prior year		(0.3	)		0.3			(0.6	)		—			(0.6	)

Catastrophe ratio		2.4			6.2			1.2			4.3			(3.1	)


Combined ratio before catastrophes		87.2			83.5			87.0			85.3			1.7

Combined ratio before catastrophes and prior year development		92.7			93.6			91.0			93.1			(2.1	)


[1]		The three months ended June 30, 2010 included current accident year reserve strengthening, totaling $8 or 0.5 points, primarily related to Specialty Commercial professional liability claims.

[2]		The six months ended June 30, 2009 included $71 of reserve releases related to general liability claims, $38 of reserve releases related to workers’ compensation claims, $50 of reserve releases related to professional liability claims and a $19 reduction in the allowance for uncollectible reinsurance, partially offset by $36 of reserve strengthening for package business and $25 of reserve strengthening for surety business. The three months ended March 31, 2010 included $22 of reserve releases related to professional liability claims and $10 of reserve releases related to general liability umbrella claims. The three months ended June 30, 2010 included $21 of general liability loss adjustment expense reserve strengthening, partially offset by $61 of reserve releases related to professional liability claims, $12 of reserve releases related to auto liability claims, a $25 reduction in the allowance for uncollectible reinsurance, $27 of reserve releases related to general liability umbrella and high hazard claims and $17 of reserve releases related to programs business.

[3]		The six months ended June 30, 2009 included a $7 reduction to an assessment from the Texas Windstorm Insurance Association (“TWIA”). The six months ended June 30, 2009 included a $6 increase in the assessment for second injury fund and reserve strengthening of $9 for other state funds and taxes. The three months ended June 30, 2010 included taxes, licenses and fees reserve strengthening of $20 due to an increase in the assessment for New York state funds and taxes.

[4]		The three months ended March 31, 2010 included a decrease in prior year dividends of $12.

[5]		Included in the prior year losses and loss adjustment expenses ratio is prior accident year development on catastrophe losses.

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
COMMERCIAL MARKETS
PROPERTY & CASUALTY COMMERCIAL
UNDERWRITING RESULTS


													YEAR ENDED
	Mar. 31,			Jun. 30,			Sept. 30,			Dec. 31,			DECEMBER 31,
	2009			2009			2009			2009			2008			2009			Change
UNDERWRITING RESULTS
Written premiums	$	1,513		$	1,416		$	1,387		$	1,399		$	6,291		$	5,715			(9	%)
Change in unearned premium reserve		(17	)		(75	)		(55	)		(41	)		(104	)		(188	)		(81	%)

Earned premiums		1,530			1,491			1,442			1,440			6,395			5,903			(8	%)

Losses and loss adjustment expenses
Current accident year before catastrophes [1]		954			891			886			859			3,844			3,590			(7	%)
Current accident year catastrophes [2]		22			33			25			(2	)		285			78			(73	%)
Prior accident years [3]		(80	)		(65	)		(106	)		(151	)		(307	)		(402	)		(31	%)

Total losses and loss adjustment expenses		896			859			805			706			3,822			3,266			(15	%)

Underwriting expenses [4]		446			456			449			441			1,848			1,792			(3	%)
Dividends to policyholders [5]		(5	)		(5	)		(5	)		5			(47	)		(10	)		79	%

Underwriting results	$	183		$	171		$	183		$	298		$	678		$	835			23	%


UNDERWRITING RATIOS
Losses and loss adjustment expenses
Current accident year before catastrophes [1]		62.3			59.3			61.6			59.6			60.0			60.7			(0.7	)
Current accident year catastrophes [2]		1.5			2.2			1.8			(0.2	)		4.5			1.3			3.2
Prior accident years [3] [6]		(5.1	)		(4.0	)		(7.5	)		(10.3	)		(4.7	)		(6.7	)		2.0

Total losses and loss adjustment expenses		58.6			57.5			55.9			49.1			59.8			55.3			4.5

Expenses		29.1			30.6			31.1			30.6			28.9			30.4			(1.5	)
Policyholder dividends		0.3			0.3			0.3			(0.4	)		0.7			0.2			0.5


Combined ratio		88.1			88.5			87.3			79.4			89.4			85.9			3.5


Catastrophes
Current year		1.5			2.2			1.8			(0.2	)		4.5			1.3			3.2
Prior year		(0.4	)		(0.8	)		0.1			(0.4	)		(0.4	)		(0.4	)		—

Catastrophe ratio		1.1			1.4			1.9			(0.6	)		4.0			0.9			3.1


Combined ratio before catastrophes		87.0			87.1			85.5			80.0			85.4			84.9			0.5

Combined ratio before catastrophes and prior year development		91.7			90.2			93.1			89.8			89.6			91.2			(1.6	)


[1]		The three months ended December 31, 2009 included current accident year reserve strengthening of $5, or 0.3 points, primarily related to general liability claims, offset by current accident year reserve releases of $14 primarily related to professional liability and workers’ compensation claims.

[2]		Catastrophe losses for the year ended December 31, 2008 included losses from hurricane Ike.

[3]		The year ended December 31, 2008 included $156 of net reserve releases related to workers’ compensation claims, $75 of reserve releases related to professional liability claims and $40 of net reserve releases related to general liability claims. The three months ended December 31, 2009 included $39 of reserve releases related to auto liability claims, $53 of reserve releases related to professional liability claims and $27 of reserve releases related to general liability claims. The year ended December 31, 2009 included $127 of reserve releases related to professional liability claims, $47 of reserve releases related to auto liability claims, $112 of reserve releases related to general liability claims, $92 of reserve releases related to workers’ compensation claims and a $19 reduction in the allowance for uncollectible reinsurance, partially offset by $38 of reserve strengthening related to package business and $28 of reserve strengthening related to surety business.

[4]		The year ended December 31, 2008 included an assessment of $10 from the Texas Windstorm Insurance Association (“TWIA”), primarily related to hurricane Ike. The three months ended March 31, 2009 included a reduction to the TWIA assessment of $7. The three months ended June 30, 2009 included a $6 increase in the assessment for second injury fund and reserve strengthening of $9 for other state funds and taxes.

[5]		Included in policyholder dividends for the year ended December 31, 2008 was a $26 increase in the estimated amount of dividends payable to certain workers’ compensation policyholders due to underwriting profits. The three months ended December 31, 2009 included a decrease in prior year dividends of $10.

[6]		Included in the prior year losses and loss adjustment expenses ratio is prior accident year development on catastrophe losses.

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
COMMERCIAL MARKETS
GROUP BENEFITS
INCOME STATEMENTS


							SIX MONTHS ENDED
	March 31,			June 30,			JUNE 30,
	2010			2010			2009			2010			Change
Revenues
Premiums and other considerations
ASO fees	$	10		$	9		$	20		$	19			(5	%)
Other fees		3			3			—			6			—

Total fee income		13			12			20			25			25	%

Direct premiums		1,079			1,060			2,156			2,139			(1	%)
Reinsurance premiums		10			2			36			12			(67	%)

Net premiums		1,089			1,062			2,192			2,151			(2	%)

Total premiums and other considerations		1,102			1,074			2,212			2,176			(2	%)

Net investment income
Net investment income on G/A assets		99			101			174			200			15	%
Net investment income on assigned capital		8			9			19			17			(11	%)

Total net investment income		107			110			193			217			12	%
Net realized capital losses — core		(1	)		—			(1	)		(1	)		—

Total core revenues		1,208			1,184			2,404			2,392			—
Net realized gains (losses), before tax and DAC, excluded from core revenues		10			23			(37	)		33		NM

Total revenues		1,218			1,207			2,367			2,425			2	%

Benefits and Expenses
Benefits and losses
Death benefits		335			300			661			635			(4	%)
Other contract benefits		460			445			913			905			(1	%)
Change in reserve		48			101			108			149			38	%

Total benefits and losses		843			846			1,682			1,689			—

Other insurance expenses
Commissions & wholesaling expenses		144			138			268			282			5	%
Operating expenses		133			129			278			262			(6	%)
Premium taxes and other expenses		22			24			36			46			28	%

Subtotal — expenses before deferral		299			291			582			590			1	%
Deferred policy acquisition costs		(16	)		(10	)		(31	)		(26	)		16	%

Total other insurance expense		283			281			551			564			2	%
Amortization of deferred policy acquisition costs		16			15			29			31			7	%

Total benefits and expenses		1,142			1,142			2,262			2,284			1	%
Core earnings before income taxes		66			42			142			108			(24	%)
Income tax expense		16			8			35			24			(31	%)

Core earnings		50			34			107			84			(21	%)
Net realized gains (losses), net of tax and DAC, excluded from core earnings [1]		1			14			(24	)		15		NM

Net income	$	51		$	48		$	83		$	99			19	%


After-Tax Margin
Core earnings		4.3	%		2.9	%		4.5	%		3.6	%		(0.9	)
Net income		4.3	%		4.0	%		3.5	%		4.2	%		0.7


[1]		See page 3a for disclosure of the components of net realized gains (losses), net of tax and DAC, for the periods presented herein.

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
COMMERCIAL MARKETS
GROUP BENEFITS
INCOME STATEMENTS


													YEAR ENDED
	March 31,			June 30,			Sept. 30,			Dec. 31,			DECEMBER 31,
	2009			2009			2009			2009			2008			2009			Change
Revenues
Premiums and other considerations
ASO fees	$	11		$	9		$	10		$	10		$	36		$	40			11	%
Other fees		1			(1	)		—			1			(1	)		1		NM

Total fee income		12			8			10			11			35			41			17	%

Direct premiums		1,103			1,053			1,046			1,047			4,207			4,249			1	%
Reinsurance premiums		23			13			13			11			149			60			(60	%)

Net premiums		1,126			1,066			1,059			1,058			4,356			4,309			(1	%)

Total premiums and other considerations		1,138			1,074			1,069			1,069			4,391			4,350			(1	%)

Net investment income
Net investment income on G/A assets		83			91			95			96			346			365			5	%
Net investment income on assigned capital		8			11			10			9			73			38			(48	%)

Total net investment income		91			102			105			105			419			403			(4	%)
Net realized capital losses — core		(1	)		—			(1	)		(1	)		(1	)		(3	)	NM

Total core revenues		1,228			1,176			1,173			1,173			4,809			4,750			(1	%)
Net realized gains (losses), before tax and DAC, excluded from core revenues		4			(41	)		(31	)		(53	)		(539	)		(121	)		78	%

Total revenues		1,232			1,135			1,142			1,120			4,270			4,629			8	%

Benefits and Expenses
Benefits and losses
Death benefits		335			326			310			314			1,211			1,285			6	%
Other contract benefits		457			456			456			461			1,867			1,830			(2	%)
Change in reserve		68			40			(24	)		(3	)		66			81			23	%

Total benefits and losses		860			822			742			772			3,144			3,196			2	%

Other insurance expenses
Commissions & wholesaling expenses		125			143			159			138			566			565			—
Operating expenses		134			144			131			132			559			541			(3	%)
Premium taxes and other expenses		22			14			19			17			72			72			—

Subtotal — expenses before deferral		281			301			309			287			1,197			1,178			(2	%)
Deferred policy acquisition costs		(17	)		(14	)		(14	)		(13	)		(69	)		(58	)		16	%

Total other insurance expense		264			287			295			274			1,128			1,120			(1	%)
Amortization of deferred policy acquisition costs		14			15			16			16			57			61			7	%

Total benefits and expenses		1,138			1,124			1,053			1,062			4,329			4,377			1	%
Core earnings before income taxes		90			52			120			111			480			373			(22	%)
Income tax expense		24			11			35			32			135			102			(24	%)

Core earnings		66			41			85			79			345			271			(21	%)
Net realized gains (losses), net of tax and DAC, excluded from core earnings [1]		3			(27	)		(20	)		(34	)		(351	)		(78	)		78	%

Net income (loss)	$	69		$	14		$	65		$	45		$	(6	)	$	193		NM


After-Tax Margin
Core earnings		5.4	%		3.5	%		7.2	%		6.7	%		7.2	%		5.7	%		(1.5	)
Net income		5.6	%		1.2	%		5.7	%		4.0	%		-0.1	%		4.2	%		4.3


[1]		See page 3b for disclosure of the components of net realized gains (losses), net of tax and DAC, for the periods presented herein.

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
COMMERCIAL MARKETS
GROUP BENEFITS
SUPPLEMENTAL DATA


							SIX MONTHS ENDED
	March 31,			June 30,			JUNE 30,
	2010			2010			2009			2010
PREMIUMS
Fully Insured — Ongoing Premiums
Group disability	$	481		$	469		$	994		$	950
Group life		512			514			1,072			1,026
Other		59			58			126			117

Total fully insured — ongoing premiums		1,052		$	1,041			2,192			2,093


Total buyouts [1]		37			21			—			58

Total premiums		1,089			1,062			2,192			2,151
Group disability — premium equivalents [2]		96			98			196			194

Total premiums and premium equivalent	$	1,185		$	1,160		$	2,388		$	2,345


SALES (GROSS ANNUALIZED NEW PREMIUMS)
Fully Insured — Ongoing Sales
Group disability	$	120		$	43		$	241		$	163
Group life		172			55			236			227
Other		4			3			12			7

Total fully insured — ongoing sales	$	296		$	101		$	489		$	397


Total buyouts [1]		37			21			—			58

Total sales		333			122			489			455
Group disability premium equivalents [2]		54			12			87			66

Total sales and premium equivalents	$	387		$	134		$	576		$	521


RATIOS [3]
Loss Ratio		75.7	%		78.3	%		76.0	%		77.0	%
Expense Ratio		28.1	%		28.1	%		26.2	%		28.1	%

GAAP RESERVES [4]
Group disability	$	4,897		$	4,996
Group life		1,277			1,269
Other		85			83

Total GAAP reserves	$	6,259		$	6,348


[1]		Takeover of open claim liabilities and other non-recurring premium amounts.

[2]		Administrative services only (ASO) fees and claims under claim management agreements.

[3]		Ratios calculated excluding the effects of buyout premiums.

[4]		Reserve balances for the three months ended March 31, 2010 and June 30, 2010 are net of reinsurance recoverables of $216 and $199, respectively.

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
COMMERCIAL MARKETS
GROUP BENEFITS
SUPPLEMENTAL DATA


													YEAR ENDED
	March 31,			June 30,			Sept. 30,			Dec. 31,			DECEMBER 31,
	2009			2009			2009			2009			2008			2009
PREMIUMS
Fully Insured — Ongoing Premiums
Group disability	$	518		$	476		$	469		$	471		$	1,984		$	1,934
Group life		543			529			528			526			2,084			2,126
Other		65			61			62			61			287			249

Total fully insured — ongoing premiums	$	1,126		$	1,066		$	1,059		$	1,058		$	4,355		$	4,309


Total buyouts [1]		—			—			—			—			1			—

Total premiums		1,126			1,066			1,059			1,058			4,356			4,309
Group disability — premium equivalents [2]		92			104			102			100			338			398

Total premiums and premium equivalent	$	1,218		$	1,170		$	1,161		$	1,158		$	4,694		$	4,707


SALES (GROSS ANNUALIZED NEW PREMIUMS)
Fully Insured — Ongoing Sales
Group disability	$	204		$	37		$	56		$	50		$	375		$	347
Group life		188			48			62			76			424			374
Other		8			4			4			4			21			20

Total fully insured — ongoing sales		400			89			122			130			820			741


Total buyouts [1]		—			—			1			—			1			1

Total sales		400			89			123			130			821			742
Group disability premium equivalents [2]		62			25			7			13			132			107

Total sales and premium equivalents	$	462		$	114		$	130		$	143		$	953		$	849


RATIOS [3]
Loss Ratio		75.6	%		76.5	%		69.4	%		72.2	%		71.6	%		73.5	%
Expense Ratio		24.4	%		28.1	%		29.1	%		27.1	%		27.0	%		27.1	%

GAAP RESERVES [4]
Group disability	$	4,771		$	4,823		$	4,818		$	4,821
Group life		1,336			1,337			1,314			1,305
Other		92			88			86			88

Total GAAP reserves	$	6,199		$	6,248		$	6,218		$	6,214


[1]		Takeover of open claim liabilities and other non-recurring premium amounts.

[2]		Administrative services only (ASO) fees and claims under claim management agreements.

[3]		Ratios calculated excluding the effects of buyout premiums.

[4]		Reserve balances for the three months ended March 31, 2009, June 30, 2009, September 30, 2009 and December 31, 2009 are net of reinsurance recoverables of $193, $200, $209 and $213, respectively.

CONSUMER MARKETS

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
CONSUMER MARKETS
INCOME STATEMENTS


							SIX MONTHS ENDED
	Mar. 31,			Jun. 30,			JUNE 30,
	2010			2010			2009			2010			Change

Earned premiums	$	996		$	995		$	1,968		$	1,991			1	%
Net investment income		44			49			80			93			16	%
Other revenues		43			40			72			83			15	%
Net realized capital (losses) gains		(5	)		2			(72	)		(3	)		96	%

Total revenues		1,078			1,086			2,048			2,164			6	%

Losses and loss adjustment expenses [1]		701			822			1,442			1,523			6	%
Amortization of deferred policy acquisition costs		168			168			334			336			1	%
Insurance operating costs and other expenses [2]		124			123			226			247			9	%

Total benefits and expenses		993			1,113			2,002			2,106			5	%

Income (loss) before income taxes		85			(27	)		46			58			26	%

Income tax expense (benefit)		29			(14	)		6			15			150	%


Net income (loss)		56			(13	)		40			43			8	%

Less: Net realized capital gains (losses), after-tax, excluded from core earnings [3]		(7	)		2			(48	)		(5	)		90	%


Core earnings (losses)	$	63		$	(15	)	$	88		$	48			(45	%)


[1]		The six months ended June 30, 2009 included a $1 reduction in the allowance for uncollectible reinsurance. The three months ended March 31, 2010 included $17 of reserve releases related to auto liability claims. The three months ended June 30, 2010 included reserve releases of $24 related to auto liability claims and a $5 reduction in the allowance for uncollectible reinsurance.

[2]		The six months ended June 30, 2009 included a $7 reduction to an assessment from the Texas Windstorm Insurance Association (“TWIA”) and reserve strengthening of $8 for other state funds and taxes.

[3]		See page 3a for disclosure of the components of net realized capital gains (losses), net of tax, for the periods presented herein.

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
CONSUMER MARKETS
INCOME STATEMENTS


												YEAR ENDED
	Mar. 31,			Jun. 30,			Sept. 30,			Dec. 31,		DECEMBER 31,
	2009			2009			2009			2009		2008			2009			Change

Earned premiums	$	981		$	987		$	989		$	1,002	$	3,935		$	3,959			1	%
Net investment income		37			43			48			50		207			178			(14	%)
Other revenues		37			35			38			44		135			154			14	%
Net realized capital (losses) gains		(59	)		(13	)		(15	)		35		(319	)		(52	)		84	%

Total revenues		996			1,052			1,060			1,131		3,958			4,239			7	%

Losses and loss adjustment expenses [1]		682			760			759			701		2,758			2,902			5	%
Amortization of deferred policy acquisition costs		166			168			171			169		633			674			6	%
Insurance operating costs and expenses [2]		104			122			116			133		438			475			8	%

Total benefits and expenses		952			1,050			1,046			1,003		3,829			4,051			6	%

Income before income taxes		44			2			14			128		129			188			46	%

Income tax expense (benefit)		7			(1	)		(1	)		43		27			48			78	%


Net income		37			3			15			85		102			140			37	%

Less: Net realized capital gains (losses), after-tax, excluded from core earnings [3]		(37	)		(11	)		(9	)		23		(207	)		(34	)		84	%


Core earnings	$	74		$	14		$	24		$	62	$	309		$	174			(44	%)


[1]		The year ended December 31, 2008 included catastrophe losses from hurrincane Ike. The year ended December 31, 2008 included $70 of reserve releases related to auto liability claims. The three months ended December 31, 2009 included $24 of reserve releases related to auto liability claims. The year ended December 31, 2009 included $77 of reserve releases related to auto liability claims partially offset by $18 of reserve strengthening related to homeowners business.

[2]		The year ended December 31, 2008 included an assessment of $10 from the Texas Windstorm Insurance Association (“TWIA”), primarily related to hurricane Ike. The three months ended March 31, 2009 included a reduction to the TWIA assessment of $7. The three months ended June 30, 2009 included reserve strengthening of $8 for other state funds and taxes. The three months ended December 31, 2009 included a $13 increase in litigation reserves.

[3]		See page 3b for disclosure of the components of net realized capital gains (losses), net of tax, for the periods presented herein.

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
CONSUMER MARKETS
OPERATING RESULTS


							SIX MONTHS ENDED
	Mar. 31,			Jun. 30,			JUNE 30,
	2010			2010			2009			2010			Change
UNDERWRITING RESULTS
Written premiums	$	943		$	1,033		$	1,993		$	1,976			(1	%)
Change in unearned premium reserve		(53	)		38			25			(15	)	NM

Earned premiums		996			995			1,968			1,991			1	%

Losses and loss adjustment expenses
Current accident year before catastrophes [1]		667			685			1,273			1,352			6	%
Current accident year catastrophes		41			146			152			187			23	%
Prior accident years [2]		(7	)		(9	)		17			(16	)	NM

Total losses and loss adjustment expenses		701			822			1,442			1,523			6	%

Underwriting expenses [3]		241			241			470			482			3	%

Underwriting results		54			(68	)		56			(14	)	NM


Net investment income		44			49			80			93			16	%
Periodic net coupon settlements on credit derivatives, before-tax		—			(1	)		(1	)		(1	)		—
Other expenses		(8	)		(10	)		(18	)		(18	)		—
Income tax benefit (expense)		(27	)		15			(29	)		(12	)		59	%

Core earnings		63			(15	)		88			48			(45	%)

Add: Net realized capital gains (losses), after-tax [4]		(7	)		2			(48	)		(5	)		90	%


Net income	$	56		$	(13	)	$	40		$	43			8	%


[1]		The three months ended June 30, 2010 included current accident year reserve strengthening, totaling $7, primarily related to homeowners claims.

[2]		The six months ended June 30, 2009 included a $1 reduction in the allowance for uncollectible reinsurance. The three months ended March 31, 2010 included $17 of reserve releases related to auto liability claims. The three months ended June 30, 2010 included reserve releases of $24 related to auto liability claims and a $5 reduction in the allowance for uncollectible reinsurance.

[3]		The six months ended June 30, 2009 included a $7 reduction to an assessment from the Texas Windstorm Insurance Association (“TWIA”) and reserve strengthening of $8 for other state funds and taxes.

[4]		See page 3a for disclosure of the components of net realized capital gains (losses), net of tax, for the periods presented herein.

10a

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
CONSUMER MARKETS
UNDERWRITING RESULTS


													YEAR ENDED
	Mar. 31,			Jun. 30,			Sept. 30,			Dec. 31,			DECEMBER 31,
	2009			2009			2009			2009			2008			2009			Change
UNDERWRITING RESULTS
Written premiums	$	946		$	1,047		$	1,049		$	953		$	3,933		$	3,995			2	%
Change in unearned premium reserve		(35	)		60			60			(49	)		(2	)		36		NM

Earned premiums		981			987			989			1,002			3,935			3,959			1	%

Losses and loss adjustment expenses
Current accident year before catastrophes [1]		626			647			698			734			2,549			2,705			6	%
Current accident year catastrophes [2]		42			110			90			(14	)		258			228			(12	%)
Prior accident years [3]		14			3			(29	)		(19	)		(49	)		(31	)		37	%

Total losses and loss adjustment expenses		682			760			759			701			2,758			2,902			5	%

Underwriting expenses [4]		225			245			240			237			899			947			5	%

Underwriting results		74			(18	)		(10	)		64			278			110			(60	%)


Net investment income		37			43			48			50			207			178			(14	%)
Periodic net coupon settlements on credit derivatives, before-tax		(1	)		—			(1	)		—			—			(2	)		—
Other expenses [5]		(8	)		(10	)		(9	)		(21	)		(37	)		(48	)		(30	%)
Income tax benefit (expense)		(28	)		(1	)		(4	)		(31	)		(139	)		(64	)		54	%

Core earnings		74			14			24			62			309			174			(44	%)

Add: Net realized capital gains (losses), after-tax [6]		(37	)		(11	)		(9	)		23			(207	)		(34	)		84	%


Net income	$	37		$	3		$	15		$	85		$	102		$	140			37	%


[1]		The three months ended December 31, 2009 included current accident year reserve strengthening of $14, primarily related to auto liability claims.

[2]		Catastrophe losses for the year ended December 31, 2008 included losses from hurricane Ike.

[3]		The year ended December 31, 2008 include $70 of reserve releases related to auto liability claims. The three months ended December 31, 2009 included $24 of reserve releases related to auto liability claims. The year ended December 31, 2009 included $77 of reserve releases related to auto liability claims partially offset by $18 of reserve strengthening related to homeowners business.

[4]		The year ended December 31, 2008 included an assessment of $10 from the Texas Windstorm Insurance Association (“TWIA”), primarily related to hurricane Ike. The three months ended March 31, 2009 included a reduction to the TWIA assessment of $7. The three months ended June 30, 2009 included reserve strengthening of $8 for other state funds and taxes.

[5]		The three months ended December 31, 2009 included a $13 increase in litigation reserves.

[6]		See page 3b for disclosure of the components of net realized capital gains (losses), net of tax, for the periods presented herein.

10b

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
CONSUMER MARKETS
UNDERWRITING RESULTS


							SIX MONTHS ENDED
	Mar. 31,			Jun. 30,			JUNE 30,
	2010			2010			2009		2010			Change
UNDERWRITING RESULTS
Written premiums	$	943		$	1,033		$	1,993	$	1,976			(1	%)
Change in unearned premium reserve		(53	)		38			25		(15	)	NM

Earned premiums		996			995			1,968		1,991			1	%

Losses and loss adjustment expenses
Current accident year before catastrophes [1]		667			685			1,273		1,352			6	%
Current accident year catastrophes		41			146			152		187			23	%
Prior accident years [2]		(7	)		(9	)		17		(16	)	NM

Total losses and loss adjustment expenses		701			822			1,442		1,523			6	%

Underwriting expenses [3]		241			241			470		482			3	%

Underwriting results	$	54		$	(68	)	$	56	$	(14	)	NM


UNDERWRITING RATIOS
Losses and loss adjustment expenses
Current accident year before catastrophes [1]		66.9			69.0			65.0		68.0			(3.0	)
Current accident year catastrophes		4.2			14.6			7.7		9.4			(1.7	)
Prior accident years [2] [4]		(0.8	)		(0.9	)		0.5		(0.8	)		1.3

Total losses and loss adjustment expenses		70.4			82.6			73.2		76.5			(3.3	)

Expenses		24.2			24.3			23.9		24.2			(0.3	)

Combined ratio		94.6			106.9			97.1		100.7			(3.6	)


Catastrophes
Current year		4.2			14.6			7.7		9.4			(1.7	)
Prior year		(0.1	)		0.5			1.0		0.2			0.8

Catastrophe ratio		4.0			15.0			8.7		9.5			(0.8	)


Combined ratio before catastrophes		90.5			91.8			88.5		91.2			(2.7	)

Combined ratio before catastrophes and prior year development		91.1			93.2			88.9		92.2			(3.3	)


PRODUCT
Automobile		93.7			98.7			92.9		96.2			(3.3	)
Homeowners		96.8			128.8			108.1		112.9			(4.8	)

Total		94.6			106.9			97.1		100.7			(3.6	)


[1]		The three months ended June 30, 2010 included current accident year reserve strengthening, totaling $7, or 0.7 points, primarily related to homeowners claims.

[2]		The six months ended June 30, 2009 included a $1 reduction in the allowance for uncollectible reinsurance. The three months ended March 31, 2010 included $17 of reserve releases related to auto liability claims. The three months ended June 30, 2010 included reserve releases of $24 related to auto liability claims and a $5 reduction in the allowance for uncollectible reinsurance.

[3]		The six months ended June 30, 2009 included a $7 reduction to an assessment from the Texas Windstorm Insurance Association (“TWIA”) and reserve strengthening of $8 for other state funds and taxes.

[4]		Included in the prior year losses and loss adjustment expenses ratio is prior accident year development on catastrophe losses.

11a

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
CONSUMER MARKETS
UNDERWRITING RESULTS


													YEAR ENDED
	Mar. 31,			Jun. 30,			Sept. 30,			Dec. 31,			DECEMBER 31,
	2009			2009			2009			2009			2008			2009			Change
UNDERWRITING RESULTS
Written premiums	$	946		$	1,047		$	1,049		$	953		$	3,933		$	3,995			2	%
Change in unearned premium reserve		(35	)		60			60			(49	)		(2	)		36		NM

Earned premiums		981			987			989			1,002			3,935			3,959			1	%

Losses and loss adjustment expenses
Current accident year before catastrophes [1]		626			647			698			734			2,549			2,705			6	%
Current accident year catastrophes [2]		42			110			90			(14	)		258			228			(12	%)
Prior accident years [3]		14			3			(29	)		(19	)		(49	)		(31	)		37	%

Total losses and loss adjustment expenses		682			760			759			701			2,758			2,902			5	%

Underwriting expenses [4]		225			245			240			237			899			947			5	%

Underwriting results	$	74		$	(18	)	$	(10	)	$	64		$	278		$	110			(60	%)


UNDERWRITING RATIOS
Losses and loss adjustment expenses
Current accident year before catastrophes [1]		64.1			65.9			70.4			73.1			64.8			68.4			(3.6	)
Current accident year catastrophes [2]		4.3			11.2			9.1			(1.4	)		6.5			5.8			0.7
Prior accident years [3] [5]		1.1			(0.1	)		(2.5	)		(1.8	)		(1.3	)		(0.8	)		(0.5	)

Total losses and loss adjustment expenses		69.5			77.0			76.9			69.9			70.1			73.3			(3.2	)

Expenses		23.0			24.8			24.2			23.6			22.8			23.9			(1.1	)

Combined ratio		92.4			101.8			101.2			93.5			92.9			97.2			(4.3	)


Catastrophes
Current year		4.3			11.2			9.1			(1.4	)		6.5			5.8			0.7
Prior year		1.1			0.8			(1.0	)		(0.3	)		0.2			0.1			0.1

Catastrophe ratio		5.4			12.0			8.1			(1.7	)		6.7			5.9			0.8


Combined ratio before catastrophes		87.0			89.8			93.1			95.2			86.2			91.3			(5.1	)

Combined ratio before catastrophes and prior year development		87.1			90.7			94.6			96.7			87.7			92.3			(4.6	)


COMBINED RATIO
Automobile		89.3			96.5			98.1			103.4			91.1			96.9			(5.8	)
Homeowners		100.4			115.8			109.3			68.3			97.6			98.2			(0.6	)

Total		92.4			101.8			101.2			93.5			92.9			97.2			(4.3	)


[1]		The three months ended December 31, 2009 included current accident year reserve strengthening of $14, or 1.4 points, primarily related to auto liability claims.

[2]		Catastrophe losses for the year ended December 31, 2008 included losses from hurricane Ike.

[3]		The year ended December 31, 2008 include $70 of reserve releases related to auto liability claims. The three months ended December 31, 2009 included $24 of reserve releases related to auto liability claims. The year ended December 31, 2009 included $77 of reserve releases related to auto liability claims partially offset by $18 of reserve strengthening related to homeowners business.

[4]		The year ended December 31, 2008 included an assessment of $10 from the Texas Windstorm Insurance Association (“TWIA”), primarily related to hurricane Ike. The three months ended March 31, 2009 included a reduction to the TWIA assessment of $7. The three months ended June 30, 2009 included reserve strengthening of $8 for other state funds and taxes.

[5]		Included in the prior year losses and loss adjustment expenses ratio is prior accident year development on catastrophe losses.

11b

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
CONSUMER MARKETS
WRITTEN AND EARNED PREMIUMS


							SIX MONTHS ENDED
	Mar. 31,			Jun. 30,			JUNE 30,
	2010			2010			2009			2010			Change
BUSINESS UNIT
WRITTEN PREMIUMS [1]

AARP	$	671		$	752		$	1,444		$	1,423			(1	%)
Agency		258			267			517			525			2	%
Other		14			14			32			28			(13	%)

Total	$	943		$	1,033		$	1,993		$	1,976			(1	%)

EARNED PREMIUMS [1]

AARP	$	715		$	716		$	1,412		$	1,431			1	%
Agency		266			264			522			530			2	%
Other		15			15			34			30			(12	%)

Total	$	996		$	995		$	1,968		$	1,991			1	%


PRODUCT LINE
WRITTEN PREMIUMS [1]

Automobile	$	696		$	719		$	1,453		$	1,415			(3	%)
Homeowners		247			314			540			561			4	%

Total	$	943		$	1,033		$	1,993		$	1,976			(1	%)

EARNED PREMIUMS [1]

Automobile	$	713		$	711		$	1,419		$	1,424			—
Homeowners		283			284			549			567			3	%

Total	$	996		$	995		$	1,968		$	1,991			1	%


STATISTICAL PREMIUM INFORMATION (YEAR OVER YEAR)

Renewal Written Price Increases
Automobile		5	%		6	%		3	%		6	%		3	%
Homeowners		9	%		9	%		5	%		9	%		4	%

Policy Count Retention
Automobile		84	%		84	%		86	%		84	%		(2	%)
Homeowners		85	%		85	%		86	%		85	%		(1	%)

New Business Premium $
Automobile	$	93		$	82		$	238		$	175			(26	%)
Homeowners	$	30		$	30		$	72		$	60			(17	%)

Policies in force
Automobile		2,376,660			2,341,594
Homeowners		1,487,782			1,479,749


[1]		The difference between written premiums and earned premiums is attributable to the change in unearned premium reserve.

12a

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
CONSUMER MARKETS
WRITTEN AND EARNED PREMIUMS


													YEAR ENDED
	Mar. 31,			Jun. 30,			Sept. 30,			Dec. 31,			DECEMBER 31,
	2009			2009			2009			2009			2008			2009			Change
BUSINESS UNIT
WRITTEN PREMIUMS [1]

AARP	$	681		$	763		$	755		$	672		$	2,813		$	2,871			2	%
Agency		249			268			280			264			1,050			1,061			1	%
Other		16			16			14			17			70			63			(10	%)

Total	$	946		$	1,047		$	1,049		$	953		$	3,933		$	3,995			2	%

EARNED PREMIUMS [1]

AARP	$	703		$	709		$	712		$	720		$	2,779		$	2,844			2	%
Agency		261			261			261			266			1,080			1,049			(3	%)
Other		17			17			16			16			76			66			(13	%)

Total	$	981		$	987		$	989		$	1,002		$	3,935		$	3,959			1	%


PRODUCT LINE
WRITTEN PREMIUMS [1]

Automobile	$	709		$	744		$	742		$	682		$	2,837		$	2,877			1	%
Homeowners		237			303			307			271			1,096			1,118			2	%

Total	$	946		$	1,047		$	1,049		$	953		$	3,933		$	3,995			2	%

EARNED PREMIUMS [1]

Automobile	$	706		$	713		$	717		$	721		$	2,833		$	2,857			1	%
Homeowners		275			274			272			281			1,102			1,102			—

Total	$	981		$	987		$	989		$	1,002		$	3,935		$	3,959			1	%


STATISTICAL PREMIUM INFORMATION (YEAR OVER YEAR)

Renewal Written Price Increases
Automobile		3	%		3	%		3	%		4	%		4	%		3	%		(1	%)
Homeowners		6	%		5	%		5	%		7	%		6	%		5	%		(1	%)

Policy Count Retention
Automobile		86	%		86	%		86	%		86	%		86	%		86	%		—
Homeowners		86	%		86	%		86	%		86	%		87	%		86	%		(1	%)

New Business Premium $
Automobile	$	115		$	123		$	118		$	99		$	364		$	455			25	%
Homeowners	$	30		$	42		$	41		$	36		$	106		$	149			41	%

Policies in force
Automobile		2,347,967			2,375,240			2,394,043			2,395,421
Homeowners		1,460,172			1,471,287			1,483,795			1,488,408


[1]		The difference between written premiums and earned premiums is attributable to the change in unearned premium reserve.

12b

WEALTH MANAGEMENT

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
WEALTH MANAGEMENT
OPERATING RESULTS


	THREE MONTHS ENDED						SIX MONTHS ENDED
	March 31,			June 30,			JUNE 30,
	2010			2010			2009			2010			Change
REVENUES
Earned premiums [1]	$	17		$	36		$	240		$	53			(78	%)
Fee income [1]		1,129			1,126			2,089			2,255			8	%
Net investment income (loss)
Securities available-for-sale and other		607			673			1,158			1,280			11	%
Equity securities held for trading [2]		701			(2,649	)		1,799			(1,948	)	NM

Total net investment income (loss)		1,308			(1,976	)		2,957			(668	)	NM
Net realized capital gains losses — core		—			7			(18	)		7		NM

Total core revenues		2,454			(807	)		5,268			1,647			(69	%)
Net realized gains (losses) and other, before tax and DAC, excluded from core revenues		(238	)		(44	)		161			(282	)	NM

Total revenues		2,216			(851	)		5,429			1,365			(75	%)


BENEFITS AND EXPENSES
Benefits, losses and loss adjustment expenses [1]		745			949			2,615			1,694			(35	%)
Benefits, losses and loss adjustment expenses — Returns credited on International variable annuities [2]		701			(2,649	)		1,799			(1,948	)	NM
Amortization of deferred policy acquisition costs and present value of future profits [1]		186			375			1,514			561			(63	%)
Insurance operating costs and other expenses		441			446			897			887			(1	%)

Total benefits and expenses		2,073			(879	)		6,825			1,194			(83	%)


CORE EARNINGS (LOSS)
Core earnings (loss) before income taxes		381			72			(1,557	)		453		NM
Income tax expense (benefit) [1]		87			(11	)		(603	)		76		NM

Core earnings (loss)		294			83			(954	)		377		NM
Net realized losses and other, net of tax and DAC, excluded from core earnings [1] [3]		(170	)		(57	)		(142	)		(227	)		(60	%)

Net income (loss)	$	124		$	26		$	(1,096	)	$	150		NM


[1]		The DAC unlock recorded in the periods presented below affected each income statement line item as follows:


	THREE MONTHS ENDED						SIX MONTHS ENDED
	March 31,			June 30,			JUNE 30,
	2010			2010			2009			2010
Fee Income	$	4		$	8		$	103		$	12
Earned Premiums		—			(1	)		(1	)		(1	)
Benefits, losses and loss adjustment expense		(51	)		135			754			84
Amortization of deferred policy acquisition costs		(66	)		122			1,058			56
Income tax expense (benefit)		42			(82	)		(575	)		(40	)

Core earnings (loss)		79			(168	)		(1,135	)		(89	)
Net realized gains (losses) and other, net of tax and DAC, excluded from core earnings		6			(62	)		5			(56	)

Net income (loss)	$	85		$	(230	)	$	(1,130	)	$	(145	)


[2]		Includes dividend income and mark-to-market effects of trading securities supporting the international variable annuity business, which are classified in net investment income with corresponding amounts credited to policyholders within interest credited.

[3]		See page 3a for disclosure of the components of net realized gains (losses), net of tax and DAC, for the periods presented herein.

13a

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
WEALTH MANAGEMENT
OPERATING RESULTS


	THREE MONTHS ENDED												YEAR ENDED
	March 31,			June 30,			Sept. 30,			Dec. 31,			DECEMBER 31,
	2009			2009			2009			2009			2008			2009			Change
REVENUES
Earned premiums [1]	$	190		$	50		$	10		$	4		$	809		$	254			(69	%)
Fee income [1]		1,090			999			1,070			1,139			4,897			4,298			(12	%)
Net investment income (loss)
Securities available-for-sale and other		563			595			606			583			2,598			2,347			(10	%)
Equity securities held for trading [2]		(724	)		2,523			638			751			(10,340	)		3,188		NM

Total net investment income (loss)		(161	)		3,118			1,244			1,334			(7,742	)		5,535		NM
Net realized capital gains losses — core		(10	)		(8	)		3			(3	)		(32	)		(18	)		44	%

Total core revenues		1,109			4,159			2,327			2,474			(2,068	)		10,069		NM
Net realized gains (losses) and other, before tax and DAC, excluded from core revenues		412			(251	)		(1,047	)		(267	)		(3,637	)		(1,153	)		68	%

Total revenues		1,521			3,908			1,280			2,207			(5,705	)		8,916		NM


BENEFITS AND EXPENSES
Benefits, losses and loss adjustment expenses [1]		2,134			481			621			777			4,126			4,013			(3	%)
Benefits, losses and loss adjustment expenses — Returns credited on International variable annuities [2]		(724	)		2,523			638			751			(10,340	)		3,188		NM
Amortization of deferred policy acquisition costs and present value of future profits [1]		1,540			(26	)		27			124			2,414			1,665			(31	%)
Goodwill impairment		—			—			—			—			422			—			(100	%)
Insurance operating costs and other expenses		449			448			433			478			2,015			1,808			(10	%)

Total benefits and expenses		3,399			3,426			1,719			2,130			(1,363	)		10,674		NM


CORE EARNINGS (LOSS)
Core earnings (loss) before income taxes		(2,290	)		733			608			344			(705	)		(605	)		14	%
Income tax expense (benefit) [1]		(838	)		235			167			40			(441	)		(396	)		10	%

Core earnings (loss)		(1,452	)		498			441			304			(264	)		(209	)		21	%
Net realized gains (losses) and other, net of tax and DAC, excluded from core earnings [1] [3]		135			(277	)		(776	)		(188	)		(2,162	)		(1,106	)		49	%

Net income (loss)	$	(1,317	)	$	221		$	(335	)	$	116		$	(2,426	)	$	(1,315	)		46	%


[1]		The DAC unlock recorded in the periods presented below affected each income statement line item as follows:


	THREE MONTHS ENDED												YEAR ENDED
	March 31,			June 30,			Sept. 30,			Dec. 31,			DECEMBER 31,
	2009			2009			2009			2009			2008			2009
Fee Income	$	128		$	(25	)	$	(9	)	$	9		$	(9	)	$	103
Earned Premiums		6			(7	)		1			(6	)		5			(6	)
Benefits, losses and loss adjustment expense		1,099			(345	)		(145	)		8			325			617
Amortization of deferred policy acquisition costs		1,330			(272	)		(216	)		(129	)		1,106			713
Income tax expense (benefit)		(802	)		227			122			46			(503	)		(407	)

Core earnings (loss)		(1,493	)		358			231			78			(932	)		(826	)
Net realized gains (losses) and other, net of tax and DAC, excluded from core earnings		3			2			(169	)		(41	)		(9	)		(205	)

Net income (loss)	$	(1,490	)	$	360		$	62		$	37		$	(941	)	$	(1,031	)


[2]		Includes dividend income and mark-to-market effects of trading securities supporting the international variable annuity business, which are classified in net investment income with corresponding amounts credited to policyholders within interest credited.

[3]		See page 3b for disclosure of the components of net realized gains (losses), net of tax and DAC, for the periods presented herein.

13b

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
WEALTH MANAGEMENT
DEFERRED POLICY ACQUISITION COSTS and PRESENT VALUE OF FUTURE PROFITS (“DAC”)


													Total
	Global			Life			Retirement			Mutual			Wealth
	Annuity			Insurance			Plans			Funds			Management
YEAR-TO-DATE
Balance, December 31, 2009	$	5,650		$	2,658		$	980		$	57		$	9,345
Adjustments to unrealized gains and losses on securities available-for-sale and other		(518	)		(73	)		(281	)		—			(872	)

Balance excluding adjustments to unrealized gains and losses on securities available-for-sale and other		5,132			2,585			699			57			8,473
Adjustments for business transfers		(34	)		—			—			34			—
Capitalization		64			132			68			27			291
Amortization — Deferred Policy Acquisition Costs		(365	)		(70	)		(27	)		(31	)		(493	)
Amortization — Present Value of Future Profits		(1	)		(10	)		—			—			(11	)
Amortization — Realized Capital Gains / Losses		95			(2	)		6			—			99
Amortization — Unlock — Core		(37	)		(17	)		(2	)		—			(56	)
Amortization — Unlock — Non-core		(86	)		8			(3	)		—			(81	)
Effect of Currency Translation Adjustment		82			—			—			—			82

Balance, June 30, 2010		4,850			2,626			741			87			8,304
Adjustments to unrealized gains and losses on securities available-for-sale and other [1]		—			(57	)		104			(3	)		44

Balance, June 30, 2010 including adjustments to unrealized gains and losses on securities available-for-sale and other	$	4,850		$	2,569		$	845		$	84		$	8,348


	THREE MONTHS ENDED,						SIX MONTHS ENDED,
	March 31,			June 30,			JUNE 30,
	2010			2010			2009			2010
DAC UNLOCK IMPACT ON REVENUES BY SEGMENT

Global Annuity	$	(1	)	$	1		$	41		$	—
Life Insurance		5			6			61			11

Total DAC unlock impact on core revenues		4			7			102			11
DAC unlock impact on net realized gains (losses), before tax and DAC, excluded from core		(3	)		5			12			2

Total DAC unlock impact on revenues	$	1		$	12		$	114		$	13


DAC UNLOCK IMPACT ON CORE EARNINGS BY SEGMENT
Global Annuity	$	79		$	(162	)	$	(1,057	)	$	(83	)
Life Insurance		(1	)		(3	)		(24	)		(4	)
Retirement Plans		1			(3	)		(54	)		(2	)

DAC unlock impact on core earnings		79			(168	)		(1,135	)		(89	)


DAC unlock impact on net realized gains (losses), net of tax and DAC, excluded from core earnings [1]		6			(62	)		5			(56	)

DAC unlock impact on net income (loss)	$	85		$	(230	)	$	(1,130	)	$	(145	)


[1]		Included in the three months ended March 31, 2010 and June 30, 2010 are income tax expense (benefits) of $5 and $(40) respectively. Included in the six months ended June 30, 2009 and 2010 are income tax expense (benefits) of $7 and $(55), respectively.

14a

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
WEALTH MANAGEMENT
DEFERRED POLICY ACQUISITION COSTS and PRESENT VALUE OF FUTURE PROFITS (“DAC”)


													Total
	Global			Life			Retirement			Mutual			Wealth
	Annuity			Insurance			Plans			Funds			Management
YEAR-TO-DATE
Balance, December 31, 2008	$	7,857		$	3,065		$	877		$	108		$	11,907
Adjustments to unrealized gains and losses on securities available-for-sale and other		(1,231	)		(421	)		(209	)		(42	)		(1,903	)

Balance excluding adjustments to unrealized gains and losses on securities available-for-sale and other		6,626			2,644			668			66			10,004
Cumulative effect of accounting changes (Pre-tax) [1]		(28	)		(19	)		(31	)		—			(78	)
Capitalization		290			277			118			41			726
Amortization — Deferred Policy Acquisition Costs		(698	)		(156	)		(23	)		(50	)		(927	)
Amortization — Present Value of Future Profits		—			(24	)		—			—			(24	)
Amortization — Realized Capital Gains / Losses		(247	)		17			51			—			(179	)
Amortization — Unlock — Core		(495	)		(149	)		(69	)		—			(713	)
Amortization — Unlock — Non-core		(277	)		(5	)		(15	)		—			(297	)
Effect of Currency Translation Adjustment		(39	)		—			—			—			(39	)

Balance, December 31, 2009		5,132			2,585			699			57			8,473
Adjustments to unrealized gains and losses on securities available-for-sale and other [1]		518			73			281			—			872

Balance, December 31, 2009 including adjustments to unrealized gains and losses on securities available-for-sale and other	$	5,650		$	2,658		$	980		$	57		$	9,345


	THREE MONTHS ENDED,												YEAR ENDED
	March 31,			June 30,			Sept. 30,			Dec. 31,			DECEMBER 31,
	2009			2009			2009			2009			2008			2009
DAC UNLOCK IMPACT ON REVENUES BY SEGMENT

Global Annuity	$	71		$	(30	)	$	(16	)	$	(8	)	$	22		$	17
Life Insurance		63			(2	)		8			11			(26	)		80

Total DAC unlock impact on core revenues		134			(32	)		(8	)		3			(4	)		97
DAC unlock impact on net realized gains (losses), before tax and DAC, excluded from core		16			(4	)		(2	)		1			12			11

Total DAC unlock impact on revenues	$	150		$	(36	)	$	(10	)	$	4		$	8		$	108


DAC UNLOCK IMPACT ON CORE EARNINGS BY SEGMENT
Global Annuity	$	(1,413	)	$	356		$	246		$	80		$	(846	)	$	(731	)
Life Insurance		(26	)		2			(22	)		(3	)		(37	)		(49	)
Retirement Plans		(54	)		—			7			1			(48	)		(46	)
Mutual Funds		—			—			—			—			(1	)		—

DAC unlock impact on core earnings		(1,493	)		358			231			78			(932	)		(826	)


DAC unlock impact on net realized gains (losses), net of tax and DAC, excluded from core earnings [1]		3			2			(169	)		(41	)		(9	)		(205	)

DAC unlock impact on net income (loss)	$	(1,490	)	$	360		$	62		$	37		$	(941	)	$	(1,031	)


[1]		Included in the three months ended March 31, 2009, June 30, 2009, September 30, 2009, and December 31, 2009, are income tax expense (benefits) of $4, $3, $(95), and $(12), respectively. Included in the year ended December 31, 2008 and 2009 are income tax benefits of $(6) and $(100), respectively.

14b

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
WEALTH MANAGEMENT
GLOBAL ANNUITY
INCOME STATEMENTS


	THREE MONTHS ENDED						SIX MONTHS ENDED
	March 31,			June 30,			JUNE 30,
	2010			2010			2009			2010			Change
Revenues
Premiums and other considerations
Variable annuity fees	$	544		$	537		$	973		$	1,081			11	%
Other fees [1]		46			44			134			90			(33	%)

Total fee income		590			581			1,107			1,171			6	%

Direct premiums		60			82			326			142			(56	%)
Reinsurance premiums [1]		(23	)		(25	)		(49	)		(48	)		2	%

Net premiums		37			57			277			94			(66	%)

Total premiums and other considerations		627			638			1,384			1,265			(9	%)

Net investment income
Net investment income on G/A assets		395			420			793			815			3	%
Net investment income on equity securities held for trading		701			(2,649	)		1,799			(1,948	)	NM
Net investment income on assigned capital		19			27			59			46			(22	%)
Charge for invested capital		(10	)		—			(10	)		(10	)		—

Total net investment income		1,105			(2,202	)		2,641			(1,097	)	NM
Net realized capital gains (losses) — core		3			8			(12	)		11		NM

Total core revenues		1,735			(1,556	)		4,013			179			(96	%)
Net realized gains (losses) and other, before tax and DAC, excluded from core revenues		(198	)		(110	)		380			(308	)	NM

Total revenues		1,537			(1,666	)		4,393			(129	)	NM

Benefits and Expenses
Benefits and losses
Death benefits [1]		22			207			861			229			(73	%)
Other contract benefits		135			142			289			277			(4	%)
Change in reserve		41			64			324			105			(68	%)
Sales inducements [1]		8			18			87			26			(70	%)
Interest credited on G/A assets		259			246			553			505			(9	%)
Interest credited on International variable annuities		701			(2,649	)		1,799			(1,948	)	NM

Total benefits and losses		1,166			(1,972	)		3,913			(806	)	NM

Other insurance expenses
Commissions & wholesaling expenses		133			115			351			248			(29	%)
Operating expenses		80			85			250			165			(34	%)
Premium taxes and other expenses		13			12			21			25			19	%

Subtotal — expenses before deferral		226			212			622			438			(30	%)
Deferred policy acquisition costs		(39	)		(25	)		(176	)		(64	)		64	%

Total other insurance expense		187			187			446			374			(16	%)
Amortization of deferred policy acquisition costs [1]		115			288			1,205			403			(67	%)

Total benefits and expenses		1,468			(1,497	)		5,564			(29	)	NM
Core earnings (loss) before income taxes		267			(59	)		(1,551	)		208		NM
Income tax expense (benefit) [1]		58			(50	)		(582	)		8		NM

Core earnings (loss) [1]		209			(9	)		(969	)		200		NM
Net realized gains (losses) and other, net of tax and DAC, excluded from core earnings [1] [2]		(129	)		(105	)		(15	)		(234	)	NM

Net income (loss) [1]	$	80		$	(114	)	$	(984	)	$	(34	)		97	%


RETURN ON ASSETS (After-tax bps)
Core earnings		53.2			(2.5	)		(126.2	)		(44.5	)		64	%
Net income (loss)		20.2			(30.1	)		(128.1	)		(4.5	)		96	%


[1]		The DAC unlock recorded in the periods presented below affected each income statement line item as follows:


	THREE MONTHS ENDED						SIX MONTHS ENDED
	March 31,			June 30,			JUNE 30,
	2010			2010			2009			2010
Other Fees	$	(1	)	$	2		$	42		$	1
Reinsurance Premiums		—			(1	)		(1	)		(1	)
Death Benefits		(48	)		129			684			81
Sales Inducements		(3	)		6			66			3
Amortization of deferred policy acquisition costs		(70	)		107			881			37
Income tax expense (benefit)		41			(79	)		(533	)		(38	)

Core earnings (loss)		79			(162	)		(1,057	)		(83	)
Net realized gains (losses) and other, net of tax and DAC, excluded from core earnings		2			(60	)		7			(58	)

Net income (loss)	$	81		$	(222	)	$	(1,050	)	$	(141	)


[2]		See page 3a for disclosure of the components of net realized gains (losses), net of tax and DAC, for the periods presented herein.

15a

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
WEALTH MANAGEMENT
GLOBAL ANNUITY

INCOME STATEMENTS


	THREE MONTHS ENDED												YEAR ENDED
	March 31,			June 30,			Sept. 30,			Dec. 31,			DECEMBER 31,
	2009			2009			2009			2009			2008			2009			Change
Revenues
Premiums and other considerations
Variable annuity fees	$	471		$	502		$	544		$	568		$	2,635		$	2,085			(21	%)
Other fees [1]		112			22			39			58			245			231			(6	%)

Total fee income		583			524			583			626			2,880			2,316			(20	%)


Direct premiums		226			100			56			62			989			444			(55	%)
Reinsurance premiums [1]		(18	)		(31	)		(25	)		(32	)		(113	)		(106	)		6	%

Net premiums		208			69			31			30			876			338			(61	%)

Total premiums and other considerations		791			593			614			656			3,756			2,654			(29	%)

Net investment income
Net investment income on G/A assets		376			417			429			412			1,881			1,634			(13	%)
Net investment income on equity securities held for trading		(724	)		2,523			638			751			(10,340	)		3,188		NM
Net investment income on assigned capital		29			30			32			28			151			119			(21	%)
Charge for invested capital		4			(14	)		(21	)		(16	)		(97	)		(47	)		52	%

Total net investment income		(315	)		2,956			1,078			1,175			(8,405	)		4,894		NM
Net realized capital gains (losses) — core		(7	)		(5	)		5			(1	)		(26	)		(8	)		69	%

Total core revenues		469			3,544			1,697			1,830			(4,675	)		7,540		NM
Net realized gains (losses) and other, before tax and DAC, excluded from core revenues		504			(124	)		(925	)		(134	)		(3,113	)		(679	)		78	%

Total revenues		973			3,420			772			1,696			(7,788	)		6,861		NM

Benefits and Expenses
Benefits and losses
Death benefits [1]		1,115			(254	)		(68	)		79			423			872			106	%
Other contract benefits		145			144			147			149			563			585			4	%
Change in reserve		251			73			20			36			868			380			(56	%)
Sales inducements [1]		81			6			11			6			103			104			1	%
Interest credited on G/A assets		281			272			272			262			1,205			1,087			(10	%)
Interest credited on International variable annuities		(724	)		2,523			638			751			(10,340	)		3,188		NM

Total benefits and losses		1,149			2,764			1,020			1,283			(7,178	)		6,216		NM

Other insurance expenses
Commissions & wholesaling expenses		191			160			148			149			1,251			648			(48	%)
Operating expenses		126			124			103			109			559			462			(17	%)
Premium taxes and other expenses		11			10			10			8			48			39			(19	%)

Subtotal — expenses before deferral		328			294			261			266			1,858			1,149			(38	%)
Deferred policy acquisition costs		(101	)		(75	)		(61	)		(53	)		(897	)		(290	)		68	%

Total other insurance expense		227			219			200			213			961			859			(11	%)
Amortization of deferred policy acquisition costs [1]		1,298			(93	)		(60	)		48			2,045			1,193			(42	%)
Goodwill impairment [3]		—			—			—			—			422			—			(100	%)

Total benefits and expenses		2,674			2,890			1,160			1,544			(3,750	)		8,268		NM
Core earnings (loss) before income taxes		(2,205	)		654			537			286			(925	)		(728	)		21	%
Income tax expense (benefit) [1] [2]		(798	)		216			156			35			(468	)		(391	)		16	%

Core earnings (loss) [1]		(1,407	)		438			381			251			(457	)		(337	)		26	%
Net realized gains (losses) and other, net of tax and DAC, excluded from core earnings [1] [3]		187			(202	)		(701	)		(113	)		(1,830	)		(829	)		55	%

Net income (loss) [1]	$	(1,220	)	$	236		$	(320	)	$	138		$	(2,287	)	$	(1,166	)		49	%


RETURN ON ASSETS (After-tax bps)
Core earnings		(388.4	)		119.2			96.5			53.2			(26.7	)		(22.1	)		19	%
Net income (loss)		(336.8	)		64.4			(81.3	)		20.2			(133.5	)		(76.4	)		43	%


[1]		The DAC unlock recorded in the periods presented below affected each income statement line item as follows:


	THREE MONTHS ENDED												YEAR ENDED
	March 31,			June 30,			Sept. 30,			Dec. 31,			DECEMBER 31,
	2009			2009			2009			2009			2008			2009
Other Fees	$	65		$	(23	)	$	(17	)	$	(2	)	$	17		$	23
Reinsurance Premiums		6			(7	)		1			(6	)		5			(6	)
Death Benefits		1,022			(338	)		(140	)		16			255			560
Sales Inducements		72			(6	)		(10	)		(7	)		63			49
Amortization of deferred policy acquisition costs		1,149			(268	)		(242	)		(144	)		1,003			495
Income tax expense (benefit)		(759	)		226			130			47			(453	)		(356	)

Core earnings (loss)		(1,413	)		356			246			80			(846	)		(731	)
Net realized gains (losses) and other, net of tax and DAC, excluded from core earnings		6			1			(160	)		(40	)		(1	)		(193	)

Net income (loss)	$	(1,407	)	$	357		$	86		$	40		$	(847	)	$	(924	)


[2]		Included in the three months ended, December 31, 2009, is a DRD tax benefit of $30 related to the conclusion of the 2004 through 2006 IRS examination.

[3]		See page 3b for disclosure of the components of net realized gains (losses), net of tax and DAC, for the periods presented herein.

15b

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
WEALTH MANAGEMENT
GLOBAL ANNUITY
SUPPLEMENTAL DATA – U.S. – ACCOUNT VALUE ROLL FORWARD [1]


	THREE MONTHS ENDED
	March 31,			June 30,
	2010			2010

VARIABLE ANNUITIES
Beginning balance	$	84,679		$	85,320
Deposits		454			386
Surrenders		(2,361	)		(2,430	)
Death benefits/annuity payouts		(399	)		(393	)
Transfers [2]		(13	)		(17	)

Net Flows		(2,319	)		(2,454	)
Change in market value/change in reserve/interest credited		2,965			(6,900	)
Other [3]		(5	)		(5	)

Ending balance	$	85,320		$	75,961


FIXED MVA AND OTHER
Beginning balance	$	12,110		$	12,823
Transfer in of SPIA [4]		683			—

Deposits		182			36
Surrenders		(220	)		(318	)
Death benefits/annuity payouts		(135	)		(142	)
Transfers [2]		54			51

Net Flows		(119	)		(373	)
Change in market value/change in reserve/interest credited		149			129

Ending balance	$	12,823		$	12,579


TOTAL U.S. ANNUITY
Beginning balance	$	96,789		$	98,143
Transfer in of SPIA [4]		683			—

Deposits		636			422
Surrenders		(2,581	)		(2,748	)
Death benefits/annuity payouts		(534	)		(535	)
Transfers [2]		41			34

Net Flows		(2,438	)		(2,827	)
Change in market value/change in reserve/interest credited		3,114			(6,771	)
Other [3]		(5	)		(5	)

Ending balance	$	98,143		$	88,540


[1]		Account value includes policyholder balances for investment contracts and reserves for future policy benefits for insurance contracts.

[2]		Includes internal product exchanges, policyholder balance transfers from the accumulation phase to the annuitization phase, and death benefits remaining on deposit.

[3]		Includes a bonus on certain products, front end loads on A share products and annual maintenance fees.

[4]		The Single Premium Immediate Annuity (“SPIA”) business was transferred to U.S. Annuity from Other Annuity, effective January 1, 2010 on a prospective basis.

16a

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
WEALTH MANAGEMENT
GLOBAL ANNUITY
SUPPLEMENTAL DATA – U.S. – ACCOUNT VALUE ROLL FORWARD [1]


	YEAR ENDED			THREE MONTHS ENDED
	Dec. 31,			March 31,			June 30,			Sept. 30,			Dec. 31,
	2008			2009			2009			2009			2009

VARIABLE ANNUITIES
Beginning balance	$	119,071		$	74,578		$	68,166		$	75,613		$	83,315
Deposits		7,887			702			701			622			631
Surrenders		(12,398	)		(2,288	)		(1,929	)		(1,954	)		(2,161	)
Death benefits/annuity payouts		(1,651	)		(349	)		(351	)		(340	)		(336	)
Transfers [2]		(73	)		(29	)		(17	)		(11	)		(13	)

Net Flows		(6,235	)		(1,964	)		(1,596	)		(1,683	)		(1,879	)
Change in market value/change in reserve/interest credited		(38,249	)		(4,443	)		9,048			9,389			3,246
Other [3]		(9	)		(5	)		(5	)		(4	)		(3	)

Ending balance	$	74,578		$	68,166		$	75,613		$	83,315		$	84,679


FIXED MVA AND OTHER
Beginning balance	$	10,243		$	11,278		$	11,747		$	11,949		$	12,084
Deposits		1,626			633			281			214			171
Surrenders		(833	)		(238	)		(164	)		(171	)		(223	)
Death benefits/annuity payouts		(433	)		(113	)		(110	)		(110	)		(116	)
Transfers [2]		232			55			41			46			45

Net Flows		592			337			48			(21	)		(123	)
Change in market value/change in reserve/interest credited		443			132			154			156			149

Ending balance	$	11,278		$	11,747		$	11,949		$	12,084		$	12,110


TOTAL U.S. ANNUITY
Beginning balance	$	129,314		$	85,856		$	79,913		$	87,562		$	95,399
Deposits		9,513			1,335			982			836			802
Surrenders		(13,231	)		(2,526	)		(2,093	)		(2,125	)		(2,384	)
Death benefits/annuity payouts		(2,084	)		(462	)		(461	)		(450	)		(452	)
Transfers [2]		159			26			24			35			32

Net Flows		(5,643	)		(1,627	)		(1,548	)		(1,704	)		(2,002	)
Change in market value/change in reserve/interest credited		(37,806	)		(4,311	)		9,202			9,545			3,395
Other [3]		(9	)		(5	)		(5	)		(4	)		(3	)

Ending balance	$	85,856		$	79,913		$	87,562		$	95,399		$	96,789


[1]		Account value includes policyholder balances for investment contracts and reserves for future policy benefits for insurance contracts.

[2]		Includes internal product exchanges, policyholder balance transfers from the accumulation phase to the annuitization phase, and death benefits remaining on deposit.

[3]		Includes a bonus on certain products, front end loads on A share products and annual maintenance fees.

16b

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
WEALTH MANAGEMENT
GLOBAL ANNUITY
SUPPLEMENTAL DATA – INTERNATIONAL – ACCOUNT VALUE ROLL FORWARD


	THREE MONTHS ENDED
	March 31,			June 30,
	2010			2010

VARIABLE ANNUITIES
Beginning balance	$	34,708		$	33,085
Transfer out of Canadian business [1]		(1,355	)		—

Deposits/Premiums/other		6			1
Surrenders		(361	)		(295	)
Death benefits/annuitizations/other [2]		(170	)		(157	)

Net Flows		(525	)		(451	)
Change in market value/currency/change in reserve/interest credited		519			(2,856	)
Effect of currency translation		(262	)		1,556

Ending balance	$	33,085		$	31,334


FIXED MVA AND OTHER [3]
Beginning balance	$	4,365		$	4,294
Surrenders		(54	)		(27	)
Death benefits/annuitizations/other [2]		(33	)		(32	)

Net Flows		(87	)		(59	)
Change in market value/currency/change in reserve/interest credited		30			15
Effect of currency translation		(14	)		238

Ending balance	$	4,294		$	4,488


TOTAL INTERNATIONAL ANNUITY
Beginning balance	$	39,073		$	37,379
Transfer out of Canadian business [1]		(1,355	)		—

Deposits/Premiums/other		6			1
Surrenders		(415	)		(322	)
Death benefits/annuitizations/other [2]		(203	)		(189	)

Net Flows		(612	)		(510	)
Change in market value/change in reserve/interest credited		549			(2,841	)
Effect of currency translation		(276	)		1,794

Ending balance	$	37,379		$	35,822


[1]		The Canadian business was transferred from International Annuity to Mutual Funds, effective January 1, 2010 on a prospective basis.

[2]		Included in the three months ended June 30, 2010 are current period payments of $8 and interest credited of $16 related to 3 Win “GMIB” policies that triggered in fourth quarter 2008 and first quarter 2009 for option (2), which are included in the fixed MVA and other — death benefits/annuitizations/other and change in market value/change in reserve/interest credited. The 3 Win guaranteed minimum benefit “GMIB” requires the policyholder to elect one of the two options; either (1) receive 80% of their initial deposit without surrender penalty or (2) receive 100% of the initial deposit via a 15 year pay out annuity.

[3]		Of the total ending fixed MVA and other balance as of June 30, 2010 of $4.5 billion, approximately $1.9 billion is related to the triggering of the guaranteed minimum income benefit for the 3 Win product. This account value is not expected to generate material future profit or loss to the Company.

17a

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
WEALTH MANAGEMENT
GLOBAL ANNUITY
SUPPLEMENTAL DATA – INTERNATIONAL – ACCOUNT VALUE ROLL FORWARD


	YEAR ENDED			THREE MONTHS ENDED
	Dec. 31,			March 31,			June 30,			Sept. 30,			Dec. 31,
	2008			2009			2009			2009			2009

VARIABLE ANNUITIES
Beginning balance	$	37,013		$	31,343		$	29,462		$	32,935		$	35,764
Transfer in of Canadian and Offshore businesses [1]		—			1,188			—			—			—

Deposits/Premiums/other		4,271			527			343			105			134
Surrenders		(1,246	)		(153	)		(207	)		(218	)		(274	)
Death benefits/annuitizations/other		(1,369	)		(175	)		(138	)		(144	)		(165	)
Transfers - 3 Win		(2,171	)		(19	)		—			—			—

Net Flows		(515	)		180			(2	)		(257	)		(305	)
Change in market value/currency/change in reserve/interest credited		(11,189	)		(926	)		2,465			780			401
Effect of currency translation		6,034			(2,323	)		1,010			2,306			(1,152	)

Ending balance	$	31,343		$	29,462		$	32,935		$	35,764		$	34,708


FIXED MVA AND OTHER
Beginning balance	$	1,844		$	4,769		$	4,379		$	4,437		$	4,732
Deposits/Premiums/other		595			21			2			(0	)		—
Surrenders		(98	)		(38	)		(42	)		(28	)		(24	)
Death benefits/annuitizations/other		(239	)		(51	)		(27	)		(27	)		(205	)
Transfers - 3 Win		2,171			19			—			—			—

Net Flows		2,429			(49	)		(67	)		(55	)		(229	)
Change in market value/currency/change in reserve/interest credited		(5	)		52			21			8			34
Effect of currency translation		501			(393	)		104			342			(172	)

Ending balance	$	4,769		$	4,379		$	4,437		$	4,732		$	4,365


TOTAL INTERNATIONAL ANNUITY
Beginning balance	$	38,857		$	36,112		$	33,841		$	37,372		$	40,496
Transfer in of Canadian and Offshore businesses [1]		—			1,188			—			—			—

Deposits/Premiums/other		4,866			548			345			105			134
Surrenders		(1,344	)		(191	)		(249	)		(246	)		(298	)
Death benefits/annuitizations/other		(1,608	)		(226	)		(165	)		(171	)		(370	)

Net Flows		1,914			131			(69	)		(312	)		(534	)
Change in market value/change in reserve/interest credited		(11,194	)		(874	)		2,486			788			435
Effect of currency translation		6,535			(2,716	)		1,114			2,648			(1,324	)

Ending balance	$	36,112		$	33,841		$	37,372		$	40,496		$	39,073


[1]		The Canadian and Offshore businesses were transferred from Mutual Funds to International Annuity, effective January 1, 2009 on a prospective basis.

17b

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
WEALTH MANAGEMENT
GLOBAL ANNUITY
SUPPLEMENTAL DATA – OTHER – ACCOUNT VALUE AND ASSET ROLL FORWARD


	THREE MONTHS ENDED
	March 31,			June 30,
	2010			2010
INSTITUTIONAL INVESTMENT PRODUCTS ACCOUNT VALUE
Beginning balance	$	22,373		$	21,060
Transfer out of SPIA and Lifetime Income & Maturity Funding [1]		(877	)		—

Deposits		33			12
Surrenders		(352	)		(895	)
Death benefits/annuity payouts		(474	)		(527	)

Net Flows		(793	)		(1,410	)
Change in market value/change in reserve/interest credited		357			300

Ending balance	$	21,060		$	19,950


INVESTMENT ONLY MUTUAL FUND ASSETS
Beginning balance	$	4,262		$	—
Transfer out of Investment Only Mutual Funds [2]		(4,262	)		—

Ending balance	$	—		$	—


TOTAL OTHER ANNUITY
Beginning balance	$	26,635		$	21,060
Transfer out of Investment Only Mutual Funds, SPIA, and Lifetime Income & Maturity Funding [1,2]		(5,139	)		—

Deposits		33			12
Surrenders		(352	)		(895	)
Death benefits/annuity payouts		(474	)		(527	)

Net Flows		(793	)		(1,410	)
Change in market value/change in reserve/interest credited		357			300

Ending balance	$	21,060		$	19,950


[1]		SPIA and Lifetime Income & Maturity Funding were transferred to U.S. Annuity and Retirement Plans, respectively, from Other Annuity, effective January 1, 2010 on a prospective basis.

[2]		The Investment Only Mutual Funds business was transferred to Mutual Funds from Other Annuity, effective January 1, 2010, on a prospective basis.

18a

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
WEALTH MANAGEMENT
GLOBAL ANNUITY
SUPPLEMENTAL DATA – OTHER – ACCOUNT VALUE AND ASSET ROLL FORWARD


	YEAR ENDED			THREE MONTHS ENDED
	Dec. 31,			March 31,			June 30,			Sept. 30,			Dec. 31,
	2008			2009			2009			2009			2009
INSTITUTIONAL INVESTMENT PRODUCTS ACCOUNT VALUE
Beginning balance	$	25,103		$	24,081		$	24,954		$	23,928		$	23,128
Deposits		3,013			309			150			210			146
Surrenders		(3,425	)		(631	)		(1,113	)		(1,457	)		(934	)
Death benefits/annuity payouts		(725	)		(192	)		(182	)		(186	)		(232	)
Transfers [1]		—			—			(318	)		—			—
Other Flows [2]		—			1,469			—			—			—

Net Flows		(1,137	)		955			(1,463	)		(1,433	)		(1,020	)
Change in market value/change in reserve/interest credited		115			(82	)		437			633			265

Ending balance	$	24,081		$	24,954		$	23,928		$	23,128		$	22,373


INVESTMENT ONLY MUTUAL FUND ASSETS
Beginning balance	$	3,581		$	2,578		$	2,416		$	3,654		$	4,453
Deposits		1,557			342			702			387			466
Surrenders		(957	)		(237	)		(272	)		(257	)		(912	)
Transfers [1]		—			—			318			—			—

Net Flows		600			105			748			130			(446	)
Change in market value/change in reserve/interest credited		(1,603	)		(267	)		490			669			255

Ending balance	$	2,578		$	2,416		$	3,654		$	4,453		$	4,262


TOTAL OTHER ANNUITY
Beginning balance	$	28,684		$	26,659		$	27,370		$	27,582		$	27,581
Deposits		4,570			651			852			597			612
Surrenders		(4,382	)		(868	)		(1,385	)		(1,714	)		(1,846	)
Death benefits/annuity payouts		(725	)		(192	)		(182	)		(186	)		(232	)
Other Flows [2]		—			1,469			—			—			—

Net Flows		(537	)		1,060			(715	)		(1,303	)		(1,466	)
Change in market value/change in reserve/interest credited		(1,488	)		(349	)		927			1,302			520

Ending balance	$	26,659		$	27,370		$	27,582		$	27,581		$	26,635


[1]		In the three months ended June 30, 2009 there was a transfer of funds related to one case from Institutional Investment Products to Investment Only Mutual Funds.

[2]		This flow is related to an intrasegment funding agreement which is eliminated in consolidation.

18b

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
WEALTH MANAGEMENT
LIFE INSURANCE
INCOME STATEMENTS


	THREE MONTHS ENDED						SIX MONTHS ENDED
	March 31,			June 30,			JUNE 30,
	2010			2010			2009			2010			Change
Revenues
Premiums and other considerations
Variable life fees	$	23		$	25		$	46		$	48			4	%
Cost of insurance charges		185			186			344			371			8	%
Other fees [1]		73			73			208			146			(30	%)

Total fee income		281			284			598			565			(6	%)

Direct premiums		33			35			64			68			6	%
Reinsurance premiums		(55	)		(58	)		(103	)		(113	)		(10	%)

Net premiums		(22	)		(23	)		(39	)		(45	)		(15	%)

Total premiums and other considerations		259			261			559			520			(7	%)

Net investment income
Net investment income on G/A assets		128			136			178			264			48	%
Net investment income on assigned capital		1			4			2			5			150	%
Charge for invested capital		(5	)		(5	)		(11	)		(10	)		9	%

Total net investment income		124			135			169			259			53	%
Net realized capital losses — core		(1	)		—			(2	)		(1	)		50	%

Total core revenues		382			396			726			778			7	%
Net realized gains (losses) and other, before tax and DAC, excluded from core revenues		(27	)		59			(84	)		32		NM

Total revenues		355			455			642			810			26	%

Benefits and Expenses
Benefits and losses
Death benefits		114			100			212			214			1	%
Other contract benefits		7			14			18			21			17	%
Change in reserve [1]		7			(3	)		1			4		NM
Sales inducements		1			—			1			1			—
Interest credited on G/A assets		88			91			127			179			41	%

Total benefits and losses		217			202			359			419			17	%

Other insurance expenses
Commissions & wholesaling expenses		40			40			81			80			(1	%)
Operating expenses		62			69			130			131			1	%
Premium taxes and other expenses		15			16			23			31			35	%

Subtotal — expenses before deferral		117			125			234			242			3	%
Deferred policy acquisition costs		(64	)		(68	)		(130	)		(132	)		(2	%)

Total other insurance expense		53			57			104			110			6	%
Amortization of deferred policy acquisition costs and present value of future profits [1]		48			50			192			98			(49	%)

Total benefits and expenses		318			309			655			627			(4	%)
Core earnings before income taxes		64			87			71			151			113	%
Income tax expense (benefit) [1]		16			27			14			43		NM

Core earnings [1]		48			60			57			108			89	%
Net realized gains (losses), net of tax and DAC, excluded from core earnings [2]		(24	)		43			(47	)		19		NM

Net income [1]	$	24		$	103		$	10		$	127		NM


After-tax margin
Core earnings		12.6	%		15.2	%		7.9	%		13.9	%		6.0
Net income		6.8	%		22.6	%		1.6	%		15.7	%		14.1


[1]		The DAC unlock recorded in the periods presented below affected each income statement line item as follows:


	THREE MONTHS ENDED,						SIX MONTHS ENDED
	March 31,			June 30,			JUNE 30,
	2010			2010			2009			2010
Other Fees	$	5		$	6		$	61		$	11
Change in reserve		—			—			—			—
Amortization of deferred policy acquisition costs		6			11			98			17
Income tax expense (benefit)		—			(2	)		(13	)		(2	)

Core earnings (loss)		(1	)		(3	)		(24	)		(4	)
Net realized gains (losses) and other, net of tax and DAC, excluded from core earnings		4			—			—			4

Net income (loss)	$	3		$	(3	)	$	(24	)	$	—


[2]		See page 3a for disclosure of the components of net realized gains (losses), net of tax and DAC, for the periods presented herein.

19a

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
WEALTH MANAGEMENT
LIFE INSURANCE
INCOME STATEMENTS


	THREE MONTHS ENDED												YEAR ENDED
	March 31,			June 30,			Sept. 30,			Dec. 31,			DECEMBER 31,
	2009			2009			2009			2009			2008			2009			Change
Revenues
Premiums and other considerations
Variable life fees	$	22		$	24		$	23		$	24		$	112		$	93			(17	%)
Cost of insurance charges		172			172			162			173			640			679			6	%
Other fees [1]		133			75			82			81			265			371			40	%

Total fee income		327			271			267			278			1,017			1,143			12	%

Direct premiums		31			33			33			35			121			132			9	%
Reinsurance premiums		(50	)		(53	)		(55	)		(61	)		(192	)		(219	)		(14	%)

Net premiums		(19	)		(20	)		(22	)		(26	)		(71	)		(87	)		(23	%)

Total premiums and other considerations		308			251			245			252			946			1,056			12	%

Net investment income
Net investment income on G/A assets		84			94			95			91			355			364			3	%
Net investment income on assigned capital		2			—			2			1			17			5			(71	%)
Charge for invested capital		(5	)		(6	)		(6	)		(5	)		(29	)		(22	)		24	%

Total net investment income		81			88			91			87			343			347			1	%
Net realized capital losses — core		(1	)		(1	)		(1	)		—			(2	)		(3	)		(50	%)

Total core revenues		388			338			335			339			1,287			1,400			9	%
Net realized losses and other, before tax and DAC, excluded from core revenues		(35	)		(49	)		(34	)		(30	)		(255	)		(148	)		42	%

Total revenues		353			289			301			309			1,032			1,252			21	%

Benefits and Expenses
Benefits and losses
Death benefits		114			98			92			103			416			407			(2	%)
Other contract benefits		8			10			7			8			27			33			22	%
Change in reserve [1]		2			(1	)		14			1			(6	)		16		NM
Sales inducements		1			—			—			—			—			1			—
Interest credited on G/A assets		62			65			63			68			255			258			1	%

Total benefits and losses		187			172			176			180			692			715			3	%

Other insurance expenses
Commissions & wholesaling expenses		40			41			43			51			247			175			(29	%)
Operating expenses		65			65			64			67			292			261			(11	%)
Premium taxes and other expenses		14			9			10			16			55			49			(11	%)

Subtotal — expenses before deferral		119			115			117			134			594			485			(18	%)
Deferred policy acquisition costs		(64	)		(66	)		(68	)		(79	)		(366	)		(277	)		24	%

Total other insurance expense		55			49			49			55			228			208			(9	%)
Amortization of deferred policy acquisition costs and present value of future profits [1]		144			48			80			58			173			330			91	%

Total benefits and expenses		386			269			305			293			1,093			1,253			15	%
Core earnings before income taxes		2			69			30			46			194			147			(24	%)
Income tax expense (benefit) [1]		(6	)		20			(4	)		9			50			19			(62	%)

Core earnings [1]		8			49			34			37			144			128			(11	%)
Net realized losses and other, net of tax and DAC, excluded from core earnings [1] [2]		(19	)		(28	)		(26	)		(16	)		(163	)		(89	)		45	%

Net income (loss) [1]	$	(11	)	$	21		$	8		$	21		$	(19	)	$	39		NM


Earnings Margin (After-tax)
Core earnings		2.1	%		14.5	%		10.1	%		10.9	%		11.2	%		9.1	%		(2.1	)
Net income		(3.1	%)		7.3	%		2.7	%		6.8	%		(1.8	%)		3.1	%		4.9


[1]		The DAC unlock recorded in the periods presented below affected each income statement line item as follows:


	THREE MONTHS ENDED												YEAR ENDED
	March 31,			June 30,			Sept. 30,			Dec. 31,			DECEMBER 31,
	2009			2009			2009			2009			2008			2009
Other Fees	$	63		$	(2	)	$	8		$	11		$	(26	)	$	80
Change in reserve		—			—			6			—			5			6
Amortization of deferred policy acquisition costs		103			(5	)		36			15			26			149
Income tax expense (benefit)		(14	)		1			(12	)		(1	)		(20	)		(26	)

Core earnings (loss)		(26	)		2			(22	)		(3	)		(37	)		(49	)
Net realized gains (losses) and other, net of tax and DAC, excluded from core earnings		—			—			(2	)		—			(7	)		(2	)

Net income (loss)	$	(26	)	$	2		$	(24	)	$	(3	)	$	(44	)	$	(51	)


[2]		See page 3b for disclosure of the components of net realized gains (losses), net of tax and DAC, for the periods presented herein.

19b

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
WEALTH MANAGEMENT
LIFE INSURANCE
SUPPLEMENTAL DATA — INDIVIDUAL LIFE


	THREE MONTHS ENDED				SIX MONTHS ENDED
	March 31,		June 30,		JUNE 30,
	2010		2010		2009		2010

SALES BY DISTRIBUTION [1]
National Accounts	$	21	$	25	$	44	$	46
Independent		22		23		42		45
Other		3		4		6		7

Total sales by distribution	$	46	$	52	$	92	$	98


SALES BY PRODUCT
Variable Life	$	8	$	8	$	24	$	16
Universal life		33		40		57		73
Term/other life		5		4		11		9

Total sales by product	$	46	$	52	$	92	$	98


PREMIUMS & DEPOSITS
Variable life	$	137	$	136	$	312	$	273
Universal life/other life		255		265		476		520
Term/other		36		37		72		73

Total Premiums & Deposits	$	428	$	438	$	860	$	866


ACCOUNT VALUE
General Account	$	6,339	$	6,429
Separate account		5,342		4,951

Total account value	$	11,681	$	11,380


ACCOUNT VALUE BY PRODUCT
Variable life	$	5,900	$	5,507
Universal life/other life		5,781		5,873

Total account value by product	$	11,681	$	11,380


LIFE INSURANCE IN-FORCE
Variable life	$	77,592	$	76,445
Universal life		55,806		56,571
Term		71,078		72,625

Total life insurance in-force	$	204,476	$	205,641


[1]		Sales are reported using Commissionable Weighted Premium.

20a

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
WEALTH MANAGEMENT
LIFE INSURANCE
SUPPLEMENTAL DATA — INDIVIDUAL LIFE


	THREE MONTHS ENDED								YEAR ENDED
	March 31,		June 30,		Sept. 30,		Dec. 31,		DECEMBER 31,
	2009		2009		2009		2009		2008		2009

SALES BY DISTRIBUTION [1]
National Accounts	$	22	$	22	$	25	$	30	$	134	$	99
Independent		19		23		20		26		126		88
Other		3		3		4		3		12		13

Total sales by distribution	$	44	$	48	$	49	$	59	$	272	$	200


SALES BY PRODUCT
Variable Life	$	12	$	12	$	10	$	13	$	93	$	47
Universal life		26		31		34		41		156		132
Term/other life		6		5		5		5		23		21

Total sales by product	$	44	$	48	$	49	$	59	$	272	$	200


PREMIUMS & DEPOSITS
Variable life	$	160	$	152	$	149	$	176	$	844	$	637
Universal life/other life		227		249		239		288		995		1,003
Term/other		35		37		36		38		134		146

Total Premiums & Deposits	$	422	$	438	$	424	$	502	$	1,973	$	1,786


ACCOUNT VALUE
General Account	$	5,983	$	6,054	$	6,137	$	6,245
Separate account		3,998		4,505		5,006		5,214

Total account value	$	9,981	$	10,559	$	11,143	$	11,459


ACCOUNT VALUE BY PRODUCT
Variable life	$	4,550	$	5,049	$	5,552	$	5,766
Universal life/other life		5,431		5,510		5,591		5,693

Total account value by product	$	9,981	$	10,559	$	11,143	$	11,459


LIFE INSURANCE IN-FORCE
Variable life [2]	$	77,913	$	76,946	$	75,667	$	78,671
Universal life		53,576		54,084		54,775		56,030
Term		65,364		67,010		68,447		69,968

Total life insurance in-force	$	196,853	$	198,040	$	198,889	$	204,669


[1]		Sales are reported using Commissionable Weighted Premium.

[2]		Included in the three months ended December 31, 2009, is an adjustment of $4.5 billion for VUL riders not previously reported.

20b

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
WEALTH MANAGEMENT
LIFE INSURANCE
SUPPLEMENTAL DATA — INDIVIDUAL LIFE — ACCOUNT VALUE ROLL FORWARD


	THREE MONTHS
	March 31,			June 30,
	2010			2010

VARIABLE LIFE
Beginning balance	$	5,766		$	5,900
First year & single premiums		18			17
Renewal premiums		119			119

Premiums and deposits		137			136
Surrenders		(88	)		(89	)
Death benefits		(15	)		(24	)

Net Flows		34			23
Policy fees		(114	)		(118	)
Change in market value/interest credited		214			(298	)

Ending balance	$	5,900		$	5,507


UNIVERSAL LIFE [1]
Beginning balance	$	5,693		$	5,781
First year & single premiums		123			127
Renewal premiums		132			138

Premiums and deposits		255			265
Surrenders		(49	)		(40	)
Death benefits		(27	)		(36	)

Net Flows		179			189
Policy fees		(146	)		(154	)
Change in market value/interest credited		55			57

Ending balance	$	5,781		$	5,873


INDIVIDUAL LIFE
Beginning balance	$	11,459		$	11,681
First year & single premiums		141			144
Renewal premiums		251			257

Premiums and deposits		392			401
Surrenders		(137	)		(129	)
Death benefits		(42	)		(60	)

Net Flows		213			212
Policy fees		(260	)		(272	)
Change in market value/interest credited		269			(241	)

Ending balance	$	11,681		$	11,380


[1]		Includes Universal Life, Interest Sensitive Whole Life, Modified Guaranteed Life Insurance and other.

21a

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
WEALTH MANAGEMENT
LIFE INSURANCE
SUPPLEMENTAL DATA — INDIVIDUAL LIFE — ACCOUNT VALUE ROLL FORWARD


	YEAR ENDED,			THREE MONTHS ENDED
	Dec. 31,			March 31,			June 30,			Sept. 30,			Dec. 31,
	2008			2009			2009			2009			2009

VARIABLE LIFE
Beginning balance	$	7,284		$	4,802		$	4,550		$	5,049		$	5,552
First year & single premiums		274			30			24			23			32
Renewal premiums		570			130			128			126			144

Premiums and deposits		844			160			152			149			176
Surrenders		(344	)		(67	)		(77	)		(104	)		(116	)
Death benefits		(69	)		(13	)		(11	)		(17	)		(16	)

Net Flows		431			80			64			28			44
Policy fees		(519	)		(123	)		(123	)		(123	)		(132	)
Change in market value/interest credited		(2,394	)		(209	)		558			598			302

Ending balance	$	4,802		$	4,550		$	5,049		$	5,552		$	5,766


UNIVERSAL LIFE [1]
Beginning balance	$	5,065		$	5,380		$	5,431		$	5,510		$	5,591
First year & single premiums		495			99			118			109			141
Renewal premiums		500			128			131			130			147

Premiums and deposits		995			227			249			239			288
Surrenders		(229	)		(67	)		(58	)		(45	)		(59	)
Death benefits		(122	)		(27	)		(24	)		(23	)		(26	)

Net Flows		644			133			167			171			203
Policy fees		(556	)		(138	)		(145	)		(146	)		(162	)
Change in market value/interest credited		227			56			57			56			61

Ending balance	$	5,380		$	5,431		$	5,510		$	5,591		$	5,693


INDIVIDUAL LIFE
Beginning balance	$	12,349		$	10,182		$	9,981		$	10,559		$	11,143
First year & single premiums		769			129			142			132			173
Renewal premiums		1,070			258			259			256			291

Premiums and deposits		1,839			387			401			388			464
Surrenders		(573	)		(134	)		(135	)		(149	)		(175	)
Death benefits		(191	)		(40	)		(35	)		(40	)		(42	)

Net Flows		1,075			213			231			199			247
Policy fees		(1,075	)		(261	)		(268	)		(269	)		(294	)
Change in market value/interest credited		(2,167	)		(153	)		615			654			363

Ending balance	$	10,182		$	9,981		$	10,559		$	11,143		$	11,459


[1]		Includes Universal Life, Interest Sensitive Whole Life, Modified Guaranteed Life Insurance and other.

21b

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
WEALTH MANAGEMENT
LIFE INSURANCE
SUPPLEMENTAL DATA — PRIVATE PLACEMENT LIFE INSURANCE — ACCOUNT VALUE ROLL FORWARD


	THREE MONTHS ENDED
	March 31,			June 30,
	2010			2010

PRIVATE PLACEMENT LIFE INSURANCE ACCOUNT VALUE
Beginning balance	$	33,356		$	35,241
Transfer in of Leveraged COLI [1]		1,794			—
Deposits		21			68
Surrenders		(251	)		(272	)
Death benefits/annuity payouts		(28	)		(38	)

Net Flows		(258	)		(242	)
Change in market value/change in reserve/interest credited		415			112
Other [2]		(66	)		(62	)

Ending balance	$	35,241		$	35,049


[1]		The Leveraged COLI business was transferred in from Corporate and Other to Private Placement Life Insurance, effective January 1, 2010, on a prospective basis.

[2]		Primarily consists of cost of insurance and M&E charges.

22a

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
WEALTH MANAGEMENT
LIFE INSURANCE
SUPPLEMENTAL DATA — PRIVATE PLACEMENT LIFE INSURANCE — ACCOUNT VALUE ROLL FORWARD


	YEAR ENDED			THREE MONTHS ENDED
	Dec. 31,			March 31,			June 30,			Sept. 30,			Dec. 31,
	2008			2009			2009			2009			2009

PRIVATE PLACEMENT LIFE INSURANCE ACCOUNT VALUE
Beginning balance	$	32,792		$	32,459		$	32,154		$	32,594		$	33,197
Deposits		247			29			125			26			41
Surrenders		(66	)		(283	)		(2	)		(2	)		(225	)
Death benefits/annuity payouts		(105	)		(46	)		(36	)		(17	)		(24	)

Net Flows		76			(300	)		87			7			(208	)
Change in market value/change in reserve/interest credited		(246	)		52			408			624			390
Other [1]		(163	)		(57	)		(55	)		(28	)		(23	)

Ending balance	$	32,459		$	32,154		$	32,594		$	33,197		$	33,356


[1]		Primarily consists of cost of insurance and M&E charges.

22b

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
WEALTH MANAGEMENT
RETIREMENT PLANS [1]
INCOME STATEMENTS


	THREE MONTHS ENDED						SIX MONTHS ENDED
	March 31,			June 30,			JUNE 30,
	2010			2010			2009			2010			Change
Revenues
Premiums and other considerations
Variable annuity and life fees	$	54		$	56		$	84		$	110			31	%
Mutual fund and other fees		31			31			67			62			(7	%)

Total fee income		85			87			151			172			14	%

Direct premiums		2			2			2			4			100	%

Total premiums and other considerations		87			89			153			176			15	%

Net investment income
Net investment income on G/A assets		79			91			154			170			10	%
Net investment income on assigned capital		2			2			3			4			33	%

Total net investment income		81			93			157			174			11	%
Net realized losses — core		(2	)		(1	)		(4	)		(3	)		25	%

Total core revenues		166			181			306			347			13	%

Net realized gains (losses), before tax and DAC, excluded from core revenues		(14	)		7			(135	)		(7	)		95	%

Total revenues		152			188			171			340			99	%

Benefits and Expenses
Benefits and losses
Death benefits [2]		—			1			2			1			(50	%)
Other contract benefits		15			15			22			30			36	%
Change in reserve		(11	)		(6	)		(10	)		(17	)		(70	%)
Sales inducements [2]		—			—			2			—			(100	%)
Interest credited on G/A assets		59			60			126			119			(6	%)

Total benefits and losses		63			70			142			133			(6	%)

Other insurance expenses
Commissions & wholesaling expenses		45			40			67			85			27	%
Operating expenses [3]		70			69			141			139			(1	%)
Premium taxes and other expenses		6			4			12			10			(17	%)

Subtotal — expenses before deferral		121			113			220			234			6	%
Deferred policy acquisition costs		(36	)		(32	)		(60	)		(68	)		(13	%)

Total other insurance expense		85			81			160			166			4	%
Amortization of deferred policy acquisition costs [2]		8			21			90			29			(68	%)

Total benefits and expenses		156			172			392			328			(16	%)

Core earnings (loss) before income taxes		10			9			(86	)		19		NM
Income tax expense (benefit) [2]		(1	)		(1	)		(38	)		(2	)		95	%

Core earnings (loss) [2]		11			10			(48	)		21		NM

Net realized gains (losses), net of tax and DAC, excluded from core earnings [2] [3]		(17	)		4			(80	)		(13	)		84	%

Net income (loss) [2]	$	(6	)	$	14		$	(128	)	$	8		NM


RETURN ON ASSETS (After-tax bps)
Core earnings		9.7			8.9			(25.3	)		9.6		NM
Net income (loss)		(5.3	)		12.4			(67.5	)		3.6		NM


[1]		The lifetime income & maturity funding business was transferred from Global Annuity to Retirement Plans effective January 1, 2010 on a prospective basis.

[2]		The DAC unlock recorded in the periods presented below affected each income statement line item as follows:


	THREE MONTHS ENDED						SIX MONTHS ENDED
	March 31,			June 30,			JUNE 30,
	2010			2010			2009			2010
Death Benefits	$	—		$	—		$	2		$	—
Sales Inducements		—			—			2			—
Amortization of deferred policy acquisition costs		(2	)		4			79			2
Income tax expense (benefit)		1			(1	)		(29	)		—

Core earnings (loss)		1			(3	)		(54	)		(2	)
Less: Net realized gains (losses), net of tax and DAC, excluded from core earnings		—			(2	)		(2	)		(2	)

Net income (loss)	$	1		$	(5	)	$	(56	)	$	(4	)


[3]		See page 3a for disclosure of the components of net realized gains (losses), net of tax and DAC, for the periods presented herein.

23a

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
WEALTH MANAGEMENT
RETIREMENT PLANS
INCOME STATEMENTS


	THREE MONTHS ENDED												YEAR ENDED
	March 31,			June 30,			Sept. 30,			Dec. 31,			DECEMBER 31,
	2009			2009			2009			2009			2008			2009			Change
Revenues
Premiums and other considerations
Variable annuity and life fees	$	40		$	44		$	50		$	51		$	209		$	185			(11	%)
Mutual fund and other fees		32			35			33			36			125			136			9	%

Total fee income		72			79			83			87			334			321			(4	%)

Direct premiums		1			1			1			—			4			3			(25	%)

Total premiums and other considerations		73			80			84			87			338			324			(4	%)

Net investment income
Net investment income on G/A assets		76			78			79			76			328			309			(6	%)
Net investment income on assigned capital		1			2			2			2			15			7			(53	%)
Charge for invested capital		—			—			(1	)		—			(1	)		(1	)		—

Total net investment income		77			80			80			78			342			315			(8	%)

Net realized losses — core		(2	)		(2	)		(1	)		(2	)		(4	)		(7	)		(75	%)

Total core revenues		148			158			163			163			676			632			(7	%)

Net realized losses, before tax and DAC, excluded from core revenues		(57	)		(78	)		(88	)		(103	)		(268	)		(326	)		(22	%)

Total revenues		91			80			75			60			408			306			(25	%)

Benefits and Expenses
Benefits and losses
Death benefits [1]		4			(2	)		—			(2	)		1			—			(100	%)
Other contract benefits		11			11			10			11			45			43			(4	%)
Change in reserve		(5	)		(5	)		(5	)		(4	)		(21	)		(19	)		10	%
Sales inducements [1]		1			1			—			—			1			2			100	%
Interest credited on G/A assets		63			63			58			60			246			244			(1	%)

Total benefits and losses		74			68			63			65			272			270			(1	%)

Other insurance expenses
Commissions & wholesaling expenses		34			33			36			36			131			139			6	%
Operating expenses [2]		70			71			71			86			327			298			(9	%)
Premium taxes and other expenses		6			6			7			8			19			27			42	%

Subtotal — expenses before deferral		110			110			114			130			477			464			(3	%)
Deferred policy acquisition costs		(31	)		(29	)		(33	)		(25	)		(142	)		(118	)		17	%

Total other insurance expense		79			81			81			105			335			346			3	%
Amortization of deferred policy acquisition costs [1]		84			6			(4	)		6			100			92			(8	%)

Total benefits and expenses		237			155			140			176			707			708			—

Core earnings (loss) before income taxes		(89	)		3			23			(13	)		(31	)		(76	)		(145	%)
Income tax expense (benefit) [1]		(35	)		(3	)		8			(12	)		(42	)		(42	)		—

Core earnings (loss) [1]		(54	)		6			15			(1	)		11			(34	)	NM

Net realized losses, net of tax and DAC, excluded from core earnings [1] [3]		(34	)		(46	)		(49	)		(59	)		(168	)		(188	)		(12	%)

Net (loss)	$	(88	)	$	(40	)	$	(34	)	$	(60	)	$	(157	)	$	(222	)		(41	%)


RETURN ON ASSETS (After-tax bps)
Core earnings		(59.2	)		6.4			6.4			(0.9	)		3.4			(8.4	)	NM
Net income (loss)		(96.4	)		(42.8	)		(42.8	)		(55.4	)		(47.9	)		(54.8	)		(14	%)


[1]		The DAC unlock recorded in the periods presented below affected each income statement line item as follows:


	THREE MONTHS ENDED												YEAR ENDED
	March 31,			June 30,			Sept. 30,			Dec. 31,			DECEMBER 31,
	2009			2009			2009			2009			2008			2009
Death Benefits	$	3		$	(1	)	$	(1	)	$	(1	)	$	1		$	—
Sales Inducements		2			—			—			—			1			2
Amortization of deferred policy acquisition costs		78			1			(10	)		—			75			69
Income tax expense (benefit)		(29	)		—			4			—			(29	)		(25	)

Core earnings (loss)		(54	)		—			7			1			(48	)		(46	)
Less: Net realized gains (losses), net of tax and DAC, excluded from core earnings		(3	)		1			(7	)		(1	)		(1	)		(10	)

Net income (loss)		(57	)		1			—			—			(49	)		(56	)


[2]		The three months ended December 31, 2009, includes a litigation accrual of $14, before tax.

[3]		See page 3b for disclosure of the components of net realized gains (losses), net of tax and DAC, for the periods presented herein.

23b

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
WEALTH MANAGEMENT
RETIREMENT PLANS
SUPPLEMENTAL DATA — ASSETS UNDER MANAGEMENT AND ADMINISTRATION


	March 31,		June 30,
	2010		2010

RETIREMENT PLANS
General account	$	6,781	$	6,929
Guaranteed separate account		—		2
Non-guaranteed separate account		22,497		21,012

Total Retirement Plans account value		29,278		27,943
401(k)/403(b) mutual funds		17,186		15,848

Total Retirement Plans Assets Under Management	$	46,464	$	43,791


Assets Under Administration [1]	$	5,755	$	5,348
Number of Participants [2]		154,504		145,805


[1]		Assets under administration are not included when calculating return on assets measures for the Retirement Plans segment and are not included in Retirement Plans Assets Under Management.

[2]		Earnings for assets under administration are predominantly driven by participant count. The participant count represents the actual number of participants.

24a

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
WEALTH MANAGEMENT
RETIREMENT PLANS
SUPPLEMENTAL DATA — ASSETS UNDER MANAGEMENT AND ADMINISTRATION


	Dec. 31,		March 31,		June 30,		Sept. 30,		Dec. 31,
	2008		2009		2009		2009		2009

RETIREMENT PLANS
General account	$	6,791	$	6,994	$	6,385	$	6,372	$	6,456
Non-guaranteed separate account		15,407		14,858		17,105		19,727		20,802

Total Retirement Plans account value		22,198		21,852		23,490		26,099		27,258
401(k)/403(b) mutual funds		14,838		14,144		15,342		16,648		16,704

Total Retirement Plans Assets Under Management	$	37,036	$	35,996	$	38,832	$	42,747	$	43,962


Assets Under Administration [1]	$	5,122	$	5,024	$	5,372	$	5,867	$	5,588
Number of Participants [2]		155,914		165,038		162,610		157,867		153,799


[1]		Assets under administration are not included when calculating return on assets measures for the Retirement Plans segment and are not included in Retirement Plans Assets Under Management.

[2]		Earnings for assets under administration are predominantly driven by participant count. The participant count represents the actual number of participants.

24b

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
WEALTH MANAGEMENT
RETIREMENT PLANS
SUPPLEMENTAL DATA — ACCOUNT VALUE AND ASSET ROLL FORWARD [1]


	THREE MONTHS ENDED,
	March 31,			June 30,
	2010			2010
401(k) GROUP ANNUITY ACCOUNT VALUE
Beginning balance	$	16,142		$	17,776
Transfer in of Lifetime Income & Maturity Funding [2]		194			—

Deposits		1,668			1,155
Surrenders		(770	)		(706	)
Death benefits/annuity payouts		(16	)		(17	)

Net Flows		882			432
Change in market value/change in reserve/interest credited		558			(1,283	)
Other		—			1

Ending balance	$	17,776		$	16,926


403(b)/457 GROUP ANNUITY ACCOUNT VALUE
Beginning balance	$	11,116		$	11,502
Deposits		322			314
Surrenders		(264	)		(195	)
Death benefits/annuity payouts		(10	)		(12	)

Net Flows		48			107
Change in market value/change in reserve/interest credited		338			(592	)

Ending balance	$	11,502		$	11,017


401(k)/403(b) MUTUAL FUNDS ASSETS [1]
Beginning balance	$	16,704		$	17,186
Deposits		571			504
Surrenders		(806	)		(804	)

Net Flows		(235	)		(300	)
Change in market value/change in reserve/interest credited		717			(1,037	)
Other		—			(1	)

Ending balance	$	17,186		$	15,848


TOTAL RETIREMENT PLANS
Beginning balance	$	43,962		$	46,464
Transfer in of Lifetime Income & Maturity Funding [2]		194			—

Deposits		2,561			1,973
Surrenders		(1,840	)		(1,705	)
Death benefits/annuity payouts		(26	)		(29	)

Net Flows		695			239
Change in market value/change in reserve/interest credited		1,613			(2,912	)

Ending balance	$	46,464		$	43,791


[1]		Excludes Assets Under Administration

[2]		The Lifetime Income & Maturity Funding business was transferred from Global Annuity to Retirement Plans, effective January 1, 2010, on a prospective basis.

25a

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
WEALTH MANAGEMENT
RETIREMENT PLANS
SUPPLEMENTAL DATA — ACCOUNT VALUE AND ASSET ROLL FORWARD [1]


	YEAR ENDED			THREE MONTHS ENDED
	Dec. 31,			March 31,			June 30,			Sept. 30,			Dec. 31,
	2008			2009			2009			2009			2009
401(k) GROUP ANNUITY ACCOUNT VALUE
Beginning balance	$	14,731		$	11,956		$	11,848		$	13,535		$	15,339
Deposits		4,496			1,153			847			987			1,038
Surrenders		(2,443	)		(635	)		(587	)		(723	)		(782	)
Death benefits/annuity payouts		(39	)		(8	)		(3	)		(13	)		(7	)

Net Flows		2,014			510			257			251			249
Change in market value/change in reserve/interest credited		(4,789	)		(618	)		1,430			1,553			554

Ending balance	$	11,956		$	11,848		$	13,535		$	15,339		$	16,142


403(b)/457 GROUP ANNUITY ACCOUNT VALUE
Beginning balance	$	12,363		$	10,242		$	10,004		$	9,955		$	10,760
Deposits		1,512			357			327			280			340
Surrenders		(1,059	)		(225	)		(1,158	)		(263	)		(319	)
Death benefits/annuity payouts		(49	)		(11	)		(11	)		(9	)		(12	)

Net Flows		404			121			(842	)		8			9
Change in market value/change in reserve/interest credited		(2,525	)		(359	)		793			797			347

Ending balance	$	10,242		$	10,004		$	9,955		$	10,760		$	11,116


401(k)/403(b) MUTUAL FUNDS ASSETS [1]
Beginning balance	$	1,454		$	14,838		$	14,144		$	15,342		$	16,648
Deposits		2,921			719			595			535			462
Surrenders		(3,367	)		(662	)		(1,292	)		(1,283	)		(779	)

Net Flows		(446	)		57			(697	)		(748	)		(317	)
Acquisitions [2]		18,725			—			—			—			—
Change in market value/change in reserve/interest credited		(4,895	)		(751	)		1,895			2,054			373

Ending balance	$	14,838		$	14,144		$	15,342		$	16,648		$	16,704


TOTAL RETIREMENT PLANS
Beginning balance	$	28,548		$	37,036		$	35,996		$	38,832		$	42,747
Deposits		8,929			2,229			1,769			1,802			1,840
Surrenders		(6,869	)		(1,522	)		(3,037	)		(2,269	)		(1,880	)
Death benefits/annuity payouts		(88	)		(19	)		(14	)		(22	)		(19	)

Net Flows		1,972			688			(1,282	)		(489	)		(59	)
Acquisitions [2]		18,725			—			—			—			—
Change in market value/change in reserve/interest credited		(12,209	)		(1,728	)		4,118			4,404			1,274

Ending balance	$	37,036		$	35,996		$	38,832		$	42,747		$	43,962


[1]		Excludes Assets Under Administration

[2]		Reflects the acquisition of Sun Life Retirement Services Inc. and Princeton Retirement Group on February 29 and March 28, 2008, respectively.

25b

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
WEALTH MANAGEMENT
MUTUAL FUNDS [1]
INCOME STATEMENTS


	THREE MONTHS ENDED						SIX MONTHS ENDED
	March 31,			June 30,			JUNE 30,
	2010			2010			2009			2010			Change
Revenues
Premiums and other considerations
Mutual fund and other fees	$	173		$	174		$	233		$	347			49	%

Total fee income		173			174			233			347			49	%

Net investment loss
Net investment income (loss) on G/A assets		—			1			(7	)		1		NM
Net investment loss on assigned capital		(2	)		(3	)		(3	)		(5	)		(67	%)

Total net investment loss		(2	)		(2	)		(10	)		(4	)		60	%

Total core revenues		171			172			223			343			54	%
Net realized gains, before tax and DAC, excluded from core revenues		1			—			—			1			—

Total revenues		172			172			223			344			54	%

Benefits and Expenses

Other insurance expenses
Commissions & wholesaling expenses		96			94			149			190			28	%
Operating expenses		32			33			49			65			33	%
Premium taxes and other expenses		3			6			10			9			(10	%)

Subtotal — expenses before deferral		131			133			208			264			27	%

Deferred policy acquisition costs		(15	)		(12	)		(21	)		(27	)		(29	%)

Total other insurance expense		116			121			187			237			27	%

Amortization of deferred policy acquisition costs		15			16			27			31			15	%

Total benefits and expenses		131			137			214			268			25	%

Core earnings before income taxes		40			35			9			75		NM
Income tax expense		14			13			3			27		NM

Core earnings		26			22			6			48		NM

Net realized gains (losses), net of tax and DAC, excluded from core earnings [2]		—			1			—			1			—

Net income	$	26		$	23		$	6		$	49		NM


RETURN ON ASSETS (After-tax bps)
Core earnings		10.9			9.5			3.5			10.6		NM
Net income		10.9			9.9			3.5			10.8		NM


[1]		The Canadian business and Investment-Only Mutual Funds business were transferred from International Annuity and Other Annuity, respectively, to Mutual Funds, effective January 1, 2010, on a prospective basis. Additionally, the Proprietary Mutual Funds business was transferred from U.S. Annuity, Retirement Plans, and Life Insurance to Mutual Funds, effective January 1, 2010, on a prospective basis.

[2]		See page 3a for disclosure of the components of net realized gains (losses), net of tax and DAC, for the periods presented herein.

26a

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
WEALTH MANAGEMENT
MUTUAL FUNDS
INCOME STATEMENTS


	THREE MONTHS ENDED												YEAR ENDED
	March 31,			June 30,			Sept. 30,			Dec. 31,			DECEMBER 31,
	2009			2009			2009			2009			2008			2009			Change
Revenues
Premiums and other considerations
Mutual fund and other fees	$	108		$	125		$	137		$	148		$	666		$	518			(22	%)

Total fee income		108			125			137			148			666			518			(22	%)

Net investment loss
Net investment income (loss) on G/A assets		(3	)		(4	)		(3	)		(4	)		(11	)		(14	)		(27	%)
Net investment loss on assigned capital		(1	)		(2	)		(2	)		(2	)		(11	)		(7	)		36	%

Total net investment loss		(4	)		(6	)		(5	)		(6	)		(22	)		(21	)		5	%

Total core revenues		104			119			132			142			644			497			(23	%)
Net realized losses, before tax and DAC, excluded from core revenues		—			—			—			—			(1	)		—			100	%

Total revenues		104			119			132			142			643			497			(23	%)

Benefits and Expenses

Other insurance expenses
Commissions & wholesaling expenses		67			82			85			85			427			319			(25	%)
Operating expenses		25			24			25			26			119			100			(16	%)
Premium taxes and other expenses		5			5			3			4			19			17			(11	%)

Subtotal — expenses before deferral		97			111			113			115			565			436			(23	%)

Deferred policy acquisition costs		(9	)		(12	)		(10	)		(10	)		(74	)		(41	)		45	%

Total other insurance expense		88			99			103			105			491			395			(20	%)

Amortization of deferred policy acquisition costs		14			13			11			12			96			50			(48	%)

Total benefits and expenses		102			112			114			117			587			445			(24	%)

Core earnings (loss) before income taxes		2			7			18			25			57			52			(9	%)
Income tax expense (benefit)		1			2			7			8			19			18			(5	%)

Core earnings (loss)		1			5			11			17			38			34			(11	%)

Net realized gains (losses), net of tax and DAC, excluded from core earnings [2]		1			(1	)		—			—			(1	)		—			100	%

Net income (loss)	$	2		$	4		$	11		$	17		$	37		$	34			(8	%)


RETURN ON ASSETS (After-tax bps)
Core earnings		(0.7	)		8.7			7.7			16.2			9.0			5.7			(37	%)
Net income		2.6			4.9			7.0			15.9			8.8			5.4			(39	%)


[1]		See page 3b for disclosure of the components of net realized gains (losses), net of tax and DAC, for the periods presented herein.

26b

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
WEALTH MANAGEMENT
MUTUAL FUNDS
SUPPLEMENTAL DATA


	THREE MONTHS ENDED				SIX MONTHS ENDED
	March 31,		June 30,		JUNE 30,
	2010		2010		2009		2010

NON-PROPRIETARY & CANADIAN MUTUAL FUNDS DEPOSITS [1] [2]
Retail mutual funds	$	3,428	$	3,444	$	5,325	$	6,872
Investment only mutual funds		785		693		—		1,478
529 college savings plan/Canada		196		157		99		353

Total Non-Proprietary & Canadian Mutual Funds Deposits	$	4,409	$	4,294	$	5,424	$	8,703


ASSETS UNDER MANAGEMENT
Retail mutual fund assets	$	45,227	$	41,162
Investment only mutual fund assets		5,245		4,919
Proprietary mutual fund assets [1]		44,403		39,402
529 college savings plan/Canada assets		2,827		2,678

Total Mutual Fund Assets Under Management	$	97,702	$	88,161


[1]		The Investment Only Mutual Funds business was transferred to Mutual Funds from Other Annuity, effective January 1, 2010, on a prospective basis.

[2]		The Canadian business was transferred to Mutual Funds from International Annuity, effective January 1, 2010, on a prospective basis.

27a

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
WEALTH MANAGEMENT
MUTUAL FUNDS
SUPPLEMENTAL DATA


	THREE MONTHS ENDED								YEAR ENDED
	March 31,		June 30,		Sept. 30,		Dec. 31,		DECEMBER 31,
	2009		2009		2009		2009		2008		2009

NON-PROPRIETARY & CANADIAN MUTUAL FUNDS DEPOSITS
Retail mutual funds	$	2,250	$	3,075	$	3,111	$	3,131	$	14,112	$	11,567
529 college savings plan/Canada		57		42		43		52		531		194

Total Non-Proprietary & Canadian Mutual Funds Deposits	$	2,307	$	3,117	$	3,154	$	3,183	$	14,643	$	11,761


ASSETS UNDER MANAGEMENT
Retail mutual fund assets	$	28,706	$	34,708	$	40,127	$	42,829
529 college savings plan/Canada assets		837		985		1,123		1,202

Total Mutual Fund Assets Under Management	$	29,543	$	35,693	$	41,250	$	44,031

27b

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
WEALTH MANAGEMENT
MUTUAL FUNDS
SUPPLEMENTAL DATA — ASSET ROLL FORWARD


	THREE MONTHS ENDED
	March 31,			June 30,
	2010			2010

NON-PROPRIETARY & CANADIAN MUTUAL FUNDS [1]
Beginning balance	$	44,031		$	53,299
Transfers in of Investment Only Mutual Funds and Canadian Business		5,617			—

Deposits		4,409			4,294
Redemptions		(2,943	)		(3,398	)

Net Flows		1,466			896
Change in market value		2,165			(5,336	)
Effect of currency translation		49			(72	)
Other [2]		(29	)		(28	)

Ending balance	$	53,299		$	48,759


PROPRIETARY MUTUAL FUNDS [3]
Beginning balance	$	—		$	44,403
Transfers in of Insurance Proprietary Mutual Funds		43,890			—
Redemptions		(1,324	)		(1,140	)

Net Flows		(1,324	)		(1,140	)
Change in market value		1,837			(3,861	)

Ending balance	$	44,403		$	39,402


[1]		The Investment Only Mutual Funds business was transferred to Mutual Funds from Other Annuity, effective January 1, 2010, on a prospective basis. Additionally, the Canadian business was transferred from International Annuity to Mutual Funds, effective January 1, 2010 on a prospective basis.

[2]		Includes front end loads on A share products

[3]		Includes Company sponsored mutual fund assets that are held in separate accounts supporting variable insurance and investment products.

28a

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
WEALTH MANAGEMENT
MUTUAL FUNDS
SUPPLEMENTAL DATA — ASSET ROLL FORWARD


	YEAR ENDED			THREE MONTHS ENDED
	Dec. 31,			March 31,			June 30,			Sept. 30,			Dec. 31,
	2008			2009			2009			2009			2009

NON-PROPRIETARY & CANADIAN MUTUAL FUNDS
Beginning balance	$	50,496		$	32,710		$	29,543		$	35,693		$	41,250
Transfers out of Canadian Business [1]		—			(826	)		—			—			—

Deposits		14,643			2,307			3,117			3,154			3,183
Redemptions		(11,472	)		(2,774	)		(1,960	)		(2,358	)		(2,554	)

Net Flows		3,171			(467	)		1,157			796			629
Change in market value		(20,654	)		(1,855	)		5,020			4,788			2,180
Effect of currency translation		(174	)		—			—			—			—
Other [2]		(129	)		(19	)		(27	)		(27	)		(28	)

Ending balance	$	32,710		$	29,543		$	35,693		$	41,250		$	44,031


[1]		The Canadian business was transferred from Mutual Funds to International Annuity, effective January 1, 2009, on a prospective basis.

[2]		Includes front end loads on A share products.

28b

CORPORATE AND OTHER

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
CORPORATE AND OTHER
INCOME STATEMENTS


							SIX MONTHS ENDED
	Mar. 31,			Jun. 30,			JUNE 30,
	2010			2010			2009			2010			Change

Earned premiums	$	1		$	(2	)	$	—		$	(1	)	NM
Fee income		45			52			104			97			(7	%)
Net investment income		79			75			170			154			(9	%)
Net realized capital gains (losses)		(9	)		13			(321	)		4		NM
Other revenues		—			—			5			—			(100	%)

Total revenues		116			138			(42	)		254		NM

Benefits, losses and loss adjustment expenses [1]		2			170			196			172			(12	%)
Insurance operating costs and other expenses [2]		135			88			201			223			11	%
Interest expense		120			132			239			252			5	%
Goodwill impairment		—			153			32			153		NM

Total benefits and expenses		257			543			668			800			20	%

Loss before income taxes		(141	)		(405	)		(710	)		(546	)		23	%

Income tax benefit [3]		(23	)		(150	)		(192	)		(173	)		10	%


Net Loss		(118	)		(255	)		(518	)		(373	)		28	%

Less: Net realized capital gains (losses), net of tax and DAC, excluded from core losses [4]		(14	)		13			(264	)		(1	)		100	%


Core losses	$	(104	)	$	(268	)	$	(254	)	$	(372	)		(46	%)


[1]		The three months ended June 30, 2009 included net asbestos reserve strengthening of $138. The three months ended June 30, 2010 included net asbestos reserve strengthening of $169.

[2]		Includes after-tax restructuring charges of $54 and $6 recorded in the three and six months ended June 30, 2009 and the three and six months ended June 30, 2010, respectively.

[3]		The three months ended March 31, 2010 included a tax charge of $19 related to a decrease in deferred tax assets as a result of recent federal legislation that will reduce the tax deduction available to the Company related to retiree health care costs beginning in 2013.

[4]		See page 3a for disclosure of the components of net realized capital gains (losses), net of tax and DAC, for the periods presented herein.

29a

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
CORPORATE AND OTHER
INCOME STATEMENTS


													YEAR ENDED
	Mar. 31,			Jun. 30,			Sept. 30,			Dec. 31,			DECEMBER 31,
	2009			2009			2009			2009			2008			2009			Change

Earned premiums	$	2		$	(2	)	$	(1	)	$	—		$	8		$	(1	)	NM
Fee income		48			56			61			55			227			220			(3	%)
Net investment income		82			88			84			90			308			344			12	%
Net realized capital losses		(13	)		(308	)		(63	)		(49	)		(137	)		(433	)	NM
Other revenues		1			4			—			(1	)		6			4			(33	%)

Total revenues		120			(162	)		81			95			412			134			(67	%)

Benefits, losses and loss adjustment expenses [1]		39			157			123			75			281			394			40	%
Insurance operating costs and other expenses [2]		67			134			111			53			220			365			66	%
Interest expense		120			119			118			119			343			476			39	%
Goodwill impairment		32			—			—			—			323			32			(90	%)

Total benefits and expenses		258			410			352			247			1,167			1,267			9	%

Loss before income taxes		(138	)		(572	)		(271	)		(152	)		(755	)		(1,133	)		(50	%)

Income tax benefit		(64	)		(128	)		(89	)		(48	)		(203	)		(329	)		(62	%)


Net loss		(74	)		(444	)		(182	)		(104	)		(552	)		(804	)		(46	%)

Less: Net realized capital gains (losses), net of tax and DAC, excluded from core losses [3]		14			(278	)		(34	)		(30	)		(56	)		(328	)	NM


Core losses	$	(88	)	$	(166	)	$	(148	)	$	(74	)	$	(496	)	$	(476	)		4	%


[1]		The year ended December 31, 2008 included net asbestos reserve strengthening of $50 and environmental reserve strengthening of $53. The three months ended June 30, 2009 included net asbestos reserve strengthening of $138. The three months ended September 30, 2009 included environmental reserve strengthening of $75. The three months ended December 31, 2009 included unallocated loss adjustment expense reserve strengthening of $25.

[2]		Includes after-tax restructuring charges of $54, $22 and $21 recorded in the three months ended June 30, 2009, September 30, 2009 and December 31, 2009, respectively.

[3]		See page 3b for disclosure of the components of net realized capital gains (losses), net of tax and DAC, for the periods presented herein.

29b

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
CORPORATE AND OTHER
OTHER OPERATIONS
INCOME STATEMENTS


							SIX MONTHS ENDED
	Mar. 31,			Jun. 30,			JUNE 30,
	2010			2010			2009			2010			Change

Earned premiums	$	—		$	1		$	1		$	1			—
Net investment income		41			42			80			83			4	%
Net realized capital (losses) gains		(4	)		20			(31	)		16		NM

Total revenues		37			63			50			100			100	%

Losses and loss adjustment expenses [1]		1			172			121			173			43	%
Insurance operating costs and expenses		8			6			11			14			27	%

Total benefits and expenses		9			178			132			187			42	%

Income (loss) before income taxes		28			(115	)		(82	)		(87	)		(6	%)

Income tax expense (benefit)		10			(42	)		(33	)		(32	)		3	%


Net income (loss)		18			(73	)		(49	)		(55	)		(12	%)

Less: Net realized capital gains (losses), after-tax, excluded from core earnings (losses) [2]		(4	)		13			(20	)		9		NM


Core earnings (losses)	$	22		$	(86	)	$	(29	)	$	(64	)		(121	%)


[1]		The three months ended June 30, 2009 included net asbestos reserve strengthening of $138. The three months ended June 30, 2010 included net asbestos reserve strengthening of $169.

[2]		See page 3a for disclosure of the components of net realized capital gains (losses), net of tax, for the periods presented herein.

30a

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
CORPORATE AND OTHER
OTHER OPERATIONS
INCOME STATEMENTS


													YEAR ENDED
	Mar. 31,			Jun. 30,			Sept. 30,			Dec. 31,			DECEMBER 31,
	2009			2009			2009			2009			2008			2009			Change

Earned premiums	$	1		$	—		$	—		$	(1	)	$	6		$	—			(100	%)
Net investment income		39			41			40			41			202			161			(20	%)
Net realized capital gains (losses)		(32	)		1			(10	)		15			(217	)		(26	)		88	%

Total revenues		8			42			30			55			(9	)		135		NM

Losses and loss adjustment expenses [1]		1			120			82			37			129			240			86	%
Insurance operating costs and expenses		4			7			5			7			27			23			(15	%)

Total benefits and expenses		5			127			87			44			156			263			69	%

Income (loss) before income taxes		3			(85	)		(57	)		11			(165	)		(128	)		22	%

Income tax expense (benefit)		1			(34	)		(19	)		1			(64	)		(51	)		20	%


Net income (loss)		2			(51	)		(38	)		10			(101	)		(77	)		24	%

Less: Net realized capital gains (losses), after-tax, excluded from core earnings (losses) [2]		(22	)		2			(7	)		11			(145	)		(16	)		89	%


Core earnings (losses)	$	24		$	(53	)	$	(31	)	$	(1	)	$	44		$	(61	)	NM


[1]		The year ended December 31, 2008 included net asbestos reserve strengthening of $50 and environmental reserve strengthening of $53. The three months ended June 30, 2009 included net asbestos reserve strengthening of $138. The three months ended September 30, 2009 included environmental reserve strengthening of $75. The three months ended December 31, 2009 included unallocated loss adjustment expense reserve strengthening of $25.

[2]		See page 3b for disclosure of the components of net realized capital gains (losses), net of tax, for the periods presented herein.

30b

HARTFORD FINANCIAL SERVICES GROUP, INC. - FORM 8-K - EX-99.1 - EXHIBIT 99.1 - October 5, 2010

Attached files

HARTFORD FINANCIAL SERVICES GROUP, INC. Reports