The Hartford 2008 Annual Report Download - page 377

Table of Contents
THE HARTFORD FINANCIAL SERVICES GROUP, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (continued)
3. Segment Information (continued)
For the years ended December 31,
Net Income (Loss) 2008 2007 2006
Life
Retail $ (1,399) $ 812 $ 536
Individual Life (43) 182 150
Total Individual Markets Group (1,442) 994 686
Retirement Plans (157) 61 101
Group Benefits (6) 315 298
Total Employer Markets Group (163) 376 399
International (325) 223 231
Institutional (502) 17 78
Other (11) (52) 47
Total Life (2,443) 1,558 1,441
Property & Casualty
Ongoing Operations
Underwriting Results
Personal Lines 280 322 429
Small Commercial 437 508 422
Middle Market 169 157 214
Specialty Commercial 71 (18) 46
Total Ongoing Operations underwriting results 957 969 1,111
Net servicing income [1] 31 52 53
Net investment income 1,056 1,439 1,225
Net realized capital losses (1,669) (160) (17)
Other expenses (219) (248) (222)
Income tax (expense) benefit 33 (575) (596)
Ongoing Operations 189 1,477 1,554
Other Operations (97) 30 (35)
Total Property & Casualty 92 1,507 1,519
Corporate (398) (116) (215)
Net income (loss) $ (2,749) $ 2,949 $ 2,745
[1] Amount is net of expenses related to service business.
Amortization of deferred policy acquisition costs and For the years ended December 31,
present value of future profits 2008 2007 2006
Life
Individual Markets Group
Retail $ 1,344 $ 406 $ 973
Individual Life 169 121 243
Total Individual Markets Group 1,513 527 1,216
Employer Markets Group
Retirement Plans 91 58 (4)
Group Benefits 57 62 41
Total Employer Markets Group 148 120 37
International 496 214 167
Institutional 19 23 32
Total Life 2,176 884 1,452
Property & Casualty
Ongoing Operations
Personal Lines 633 617 622
Small Commercial 636 635 634
Middle Market 513 529 544
Specialty Commercial 313 323 306
Total Ongoing Operations 2,095 2,104 2,106
Total Property & Casualty 2,095 2,104 2,106
Corporate — 1 —
Source: HARTFORD FINANCIAL S, 10-K, February 12, 2009