The Hartford Financial Services Group
| The Hartford Financial Services Group, Inc.
|
|
|---|---|
 |
|
| legal form | Inc. |
| ISIN | US4165151048 |
| founding | 1810 |
| Seat |
Hartford , United States
|
| management | Christopher Swift (Chairman) Doug Elliot ( President ) |
| Number of employees | 18,800 (2013) |
| sales | 26,236,000,000 US dollars (2013) |
| Branch | Finance and insurance |
| Website | www.thehartford.com |
The Hartford Financial Services Group (abbreviation on NYSE: HIG), a Fortune 100 company, is one of the largest investment and insurance companies in the United States with sales of 18.8 billion euros (25.9 billion US dollars ) in 2007. The Hartford offers a range of financial products , including life insurance, company pension, automobile and home insurance, and commercial property and casualty insurance. Worldwide the company has branches in Japan , Great Britain , Canada , Brazil and Ireland .
In the 2008 fiscal year, sales decreased from $ 25,916 million in 2007 to $ 9,219 million in 2008. The 2007 profit of $ 2,949 million has decreased to a 2008 loss of $ 2,749 million.
In October 2008, Allianz SE acquired an 8 percent stake in Hartford Financial for $ 0.75 billion. In addition, Hartford bonds were taken over for 1.75 billion euros. Hartford wants to raise $ 3.4 billion from the US bank rescue program TARP .
May 2009 the company announced that it was withdrawing its business activities from Europe.
Web links
Individual evidence
- ^ A b The Hartford Financial Services Group, Inc. 2013 Form 10-K Report
- ^ FORM 10-K - THE HARTFORD FINANCIAL SERVICES GROUP, INC. ( Memento from March 4, 2015 on WebCite )
- ↑ a b Handelsblatt - Insurance - Billions for Allianz participation from June 12, 2009
- ^ N-tv: European business evaporated. Hartford leaves Germany ( Memento from January 16, 2010 in the Internet Archive ), May 1, 2009