The Hartford 2015 Annual Report Download - page 151

Table of Contents THE HARTFORD FINANCIAL SERVICES GROUP, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (continued)
3. Segment Information
F-20
The Company currently conducts business principally in six reporting segments, as well as a Corporate category. The Company's
revenues from continuing operations are generated primarily in the United States ("U.S."). Any foreign sourced revenue in continuing
operations is immaterial.
The Company’s reporting segments, as well as the Corporate category, are as follows:
Commercial Lines
Commercial Lines provides workers’ compensation, property, automobile, marine, livestock, liability and umbrella coverages primarily
throughout the U.S., along with a variety of customized insurance products and risk management services including professional
liability, bond, surety, and specialty casualty coverages.
Personal Lines
Personal Lines provides standard automobile, homeowners and personal umbrella coverages to individuals across the U.S., including a
special program designed exclusively for members of AARP.
Property & Casualty Other Operations
Property & Casualty Other Operations includes certain property and casualty operations, managed by the Company, that have
discontinued writing new business and includes substantially all of the Company’s asbestos and environmental exposures.
Group Benefits
Group Benefits provides employers, associations and financial institutions with group life, accident and disability coverage, along with
other products and services, including voluntary benefits, and group retiree health.
Mutual Funds
Mutual Funds offers investment products for retail and retirement accounts and provides investment management and administrative
services such as product design, implementation and oversight. This business also includes a portion of the run off of the mutual funds
which support the Company's variable annuity products.
Talcott Resolution
Talcott Resolution is comprised of runoff business from the Company's individual annuity, institutional, and private-placement life
insurance businesses. The Company's individual annuity business consists of variable, fixed, and payout annuity products. In addition,
Talcott Resolution includes the retained yen denominated fixed payout annuity liabilities, as well as the Company's discontinued
operations from HLIKK prior to its sale in 2014.
Corporate
The Company includes in the Corporate category the Company’s capital raising activities (including debt financing and related interest
expense), purchase accounting adjustments related to goodwill and other expenses not allocated to the reporting segments.
Financial Measures and Other Segment Information
Certain transactions between segments occur during the year that primarily relate to tax settlements, insurance coverage, expense
reimbursements, services provided, security transfers and capital contributions. Also, one segment may purchase annuity contracts from
another to fund pension costs and to settle certain group life claims. In addition, certain inter-segment transactions occur that relate to
interest income on allocated surplus. Consolidated net investment income is unaffected by such transactions.