The Hartford Reports First Quarter 2014 Core Earnings Of $564 Million, Or $1.18 Per Diluted Share, And Net Income Of $495

  The Hartford Reports First Quarter 2014 Core Earnings Of $564 Million, Or
  $1.18 Per Diluted Share, And Net Income Of $495 Million, Or $1.03 Per
  Diluted Share

  *First quarter 2014 core earnings* rose 23% over first quarter 2013; core
    earnings per diluted share rose 27%
  *Net income of $495 million, or $1.03 per diluted share, improved
    significantly from net loss of $241 million, or $0.58 per diluted share,
    in first quarter 2013
  *Combined ratio improved 1.9 points excluding catastrophes, prior year
    development and a first quarter 2014 expense benefit for New York workers'
    compensation
  *Group Benefits achieved a 5.1% core earnings margin
  *Standard Commercial renewal written pricing increases remained strong at
    7%
  *Announced agreement to sell Japan annuity company HLIKK to a subsidiary of
    ORIX Corporation, a Japanese diversified financial services company, for
    $895 million; sale expected to close in July 2014
  *Pro forma March 31, 2014 capital benefit from sale of HLIKK estimated at
    $1.4 billion; pro forma March 31, 2014 GAAP loss estimated at $675
    million, after-tax

Business Wire

HARTFORD, Conn. -- April 28, 2014

The Hartford (NYSE:HIG) reported core earnings of $564 million for the three
months ended March 31, 2014 (first quarter 2014), up 23% from $457 million in
first quarter 2013, reflecting improved results in all of the company's
business segments. Core earnings per diluted share rose 27% to $1.18 from
$0.93 in first quarter 2013, reflecting the growth in core earnings and the
accretive impact of share repurchases over the past 12 months.

First quarter 2014 net income totaled $495 million, or $1.03 per diluted
share, compared with a first quarter 2013 net loss of $241 million, or $0.58
per diluted share. First quarter 2014 net income includes $70 million of net
realized capital losses, after-tax and deferred acquisition costs (DAC),
excluded from core earnings compared with a first quarter 2013 net capital
gain of $19 million, after-tax and DAC, excluded from core earnings. First
quarter 2013 net loss also included an unlock charge of $541 million,
after-tax, and a $138 million after-tax charge for extinguishment of debt.

*Denotes financial measure not calculated in accordance with generally
accepted accounting principles (non-GAAP).

“The Hartford’s first quarter earnings were outstanding, reflecting the strong
fundamentals of the P&C, Group Benefits and Mutual Funds businesses,” said The
Hartford’s Chairman, President and CEO Liam E. McGee. “Despite the challenging
winter weather, each business segment delivered core earnings growth over the
prior year. Margins are improving and premiums are growing in P&C, while Group
Benefits has achieved a substantial turnaround and Mutual Funds reported
positive net flows.

“This morning’s announcement on our agreement to sell the Japan annuity
company marks an important turning point for The Hartford. The transaction
will materially reduce The Hartford’s risk profile at attractive economics,
and positions us to create even greater value for shareholders. We are very
pleased with The Hartford’s transformation, and remain focused on continuing
to drive profitable growth in our businesses,” added McGee.


CONSOLIDATED FINANCIAL RESULTS
                                 
($ in millions except per            Three Months Ended
share data)                       Mar. 31    Mar. 31 2013    Change^2
                                     2014
Core earnings (loss):                                          
P&C Commercial                       $264          $224               18%
Consumer Markets                     $101          $73                38%
P&C Other Operations              $21        $21             —%
Property & Casualty (Combined)    $386       $318            21%
Group Benefits                    $45        $30             50%
Mutual Funds                      $21        $20             5%
Sub-total                         $452       $368            23%
Talcott Resolution                $175       $162            8%
Corporate                         ($63)      ($73)           14%
Core earnings                     $564       $457            23%
Net income (loss)                 $495       ($241)          NM
Net income (loss) available to
common shareholders per           $1.03      $(0.58)         NM
diluted share^1
Weighted average diluted          478.6      493.1           (3)%
common shares outstanding
Core earnings available to
common shareholders per           $1.18      $0.93           27%
diluted share^1

[1] Includes dilutive potential common shares
[2] The Hartford defines increases or decreases greater than or equal to 200%,
or changes from a net gain to a net loss position, or vice versa, as "NM" or
not meaningful

First quarter 2014 financial results included the following items that had a
favorable $58 million, after-tax, or $0.12 per diluted share, impact on both
net income and core earnings compared with items that increased net income and
core earnings by a total of $27 million, after-tax, or $0.05 per diluted
share, in first quarter 2013:

  *Catastrophe losses in first quarter 2014 were approximately equal to the
    company's $57 million, after-tax, outlook but were higher than first
    quarter 2013 catastrophe losses of $21 million, after-tax, which were $36
    million lower than the company's outlook;
  *Favorable P&C (Combined) prior year loss and loss adjustment expense
    reserve development (PYD) of $26 million, after-tax, or $0.05 per diluted
    share, compared with first quarter 2013 unfavorable PYD of $9 million,
    after-tax, or $0.02 per diluted share; and
  *A reduction in the estimated liability for New York State Workers’
    Compensation Board assessments (NY Assessments) of $32 million, after-tax,
    or $0.07 per diluted share, due to a change in legislation effective Jan.
    1, 2014.

PROPERTY & CASUALTY (COMBINED)
First Quarter 2014 Highlights:

  *Written premiums grew 3% over first quarter 2013
  *Combined ratio, before catastrophes and PYD, of 87.9
  *Core earnings rose 21% to $386 million compared with $318 million in first
    quarter 2013

                                                                   
PROPERTY & CASUALTY (COMBINED)
($ in millions)                           Three Months Ended
                                         March 31,   March 31,   Change
                                            2014          2013
Written premiums                          $2,597      $2,523      3%
Underwriting gain*                        $253        $154        64%
PYD, before tax                           $(40)       $14         NM
Current accident year catastrophe         $86         $32         169%
losses, before tax
Expense ratio                             26.0        28.2        2.2
Combined ratio                            89.8        93.6        3.8
Combined ratio before catastrophes and    87.9        91.8        3.9
PYD*
Investment income                         $326        $312        4%
Core earnings                             $386        $318        21%
Net income                                $363          $351          3%

Note: Underwriting gain, expense ratio, combined ratio and combined ratio
before catastrophes and PYD, core earnings and net income include a $49
million, before tax ($32 million, after-tax), benefit, or 2.0 points on the
expense and combined ratios, related to NY Assessments in the three months
ended March 31, 2014.

First quarter 2014 written premiums increased 3% over the prior year period,
comprised of 1% growth in P&C Commercial and 6% growth in Consumer Markets.

First quarter 2014 underwriting gain was $253 million, up 64% from an
underwriting gain of $154 million in first quarter 2013 as a result of
improved current accident year results and favorable PYD, partially offset by
higher catastrophe losses. First quarter 2014 underwriting gain also included
a $49 million, before tax ($32 million, after-tax), benefit, or 2.0 points on
the combined ratio, related to NY Assessments. Including this benefit, the
combined ratio for first quarter 2014 improved 3.8 points to 89.8 compared
with 93.6 in first quarter 2013.

Catastrophe losses totaled $86 million, before tax, in first quarter 2014,
approximately equal to the company's $87 million outlook, but increased
substantially, largely from prior year catastrophes, from first quarter 2013
catastrophe losses of $32 million, before tax. Favorable PYD totaled $40
million, before tax, in first quarter 2014, compared with an unfavorable $14
million, before tax, in first quarter 2013.

The first quarter 2014 P&C (Combined) combined ratio, before catastrophes, PYD
and the 2.0 point benefit related to NY Assessments, improved 1.9 points to
87.9 compared with 91.8 in first quarter 2013. This improvement reflects
better results in both P&C Commercial and Consumer Markets.

First quarter 2014 P&C (Combined) core earnings were $386 million, an increase
of 21% from $318 million in first quarter 2013, largely due to improved
underwriting results. First quarter 2014 net income was $363 million compared
with $351 million in first quarter 2013, as improved underwriting results were
reduced by net realized capital losses not included in core earnings of $23
million, after-tax, in first quarter 2014, compared with net realized capital
gains not included in core earnings of $33 million, after-tax, in first
quarter 2013.

P&C Commercial
First Quarter 2014 Highlights:

  *Written premiums grew 1%, driven by growth of 3% in Small Commercial and
    4% in Middle Market
  *Standard Commercial renewal written pricing increases remained strong,
    averaging 7% in first quarter 2014
  *Combined ratio, before catastrophes and PYD, of 87.7

                                                              
P&C COMMERCIAL
($ in millions)                Three Months Ended
                              Mar. 31 2014    Mar. 31 2013    Change
Written premiums               $1,669          $1,645          1%
Underwriting gain              $136            $91             49%
Combined ratio                 91.2            94.0            2.8
Combined ratio before          87.7            93.1            5.4
catastrophes and PYD
Small Commercial               83.7            89.2            5.5
Middle Market                  90.1            95.8            5.7
Specialty                      94.7            98.9            4.2
Standard Commercial renewal    7%              8%              (1.0)
written pricing increases

Note: Expense ratio includes favorable 3.2 points related to NY Assessments in
the three months ended March 31, 2014

First quarter 2014 written premiums grew 1% to $1,669 million from $1,645
million in first quarter 2013 as a result of 3% growth in Small Commercial and
4% growth in Middle Market, offset by an 8% reduction in Specialty Commercial.
Written premium growth resulted from rate increases and higher retention in
Small Commercial and Middle Market and stronger new business production in
Middle Market. The reduction in Specialty Commercial written premiums was due
to 2013 underwriting initiatives in the Programs line, where premiums declined
43% due to the company's exit from transportation programs. Excluding
Programs, Specialty Commercial written premiums grew 16% driven by growth in
National Accounts.

Renewal written pricing increases in Standard Commercial, which is comprised
of Small Commercial and Middle Market, remained strong at 7% and above loss
cost inflation trends in first quarter 2014 and included price increases in
all business lines. Renewal written pricing increases averaged 7% and 6% in
Small Commercial and Middle Market, respectively.

New business premium for Small Commercial was essentially flat with first
quarter 2013 at $131 million, while Middle Market new business premium rose
14% to $111 million from first quarter 2013. Policy count retention in Small
Commercial was 83% in first quarter 2014, up one point from 82% in first
quarter 2013. Middle Market policy count retention for first quarter 2014 was
81%, up 4 points from 77% in first quarter 2013.

P&C Commercial underwriting gain was $136 million in first quarter 2014 versus
an underwriting gain of $91 million in first quarter 2013 due to the NY
Assessments expense benefit and improved current accident year results,
partially offset by higher catastrophe losses. The first quarter 2014 combined
ratio, before catastrophes and PYD, improved 5.4 points to 87.7 in first
quarter 2014 compared with 93.1 in first quarter 2013. The improvement was
driven by a 2.2 point improvement in underwriting results driven by Small
Commercial and Middle Market and a 3.2 point expense benefit related to NY
Assessments.

The first quarter 2014 combined ratio of 91.2 was up slightly over first
quarter 2013 excluding the NY Assessments, largely due to increased
catastrophes that were partially offset by favorable PYD in first quarter
2014. First quarter 2014 catastrophe losses totaled $60 million, before tax,
compared with $6 million, before tax, in first quarter 2013. Favorable PYD
totaled $7 million, before tax, in first quarter 2014 compared with
unfavorable PYD of $8 million, before tax, in first quarter 2013.

Consumer Markets
First Quarter 2014 Highlights:

  *Written premiums rose 6% over first quarter 2013
  *New business premium increased 16% year over year, driven by auto
  *Combined ratio improved to 86.5 compared with 92.0 in first quarter 2013

                                                              
CONSUMER MARKETS
($ in millions)                          Three Months Ended
                                        Mar. 31    Mar. 31    Change
                                            2014          2013
Written premiums                         $927       $878       6%
Underwriting gain                        $125       $72        74%
Combined ratio                           86.5       92.0       5.5
Combined ratio before catastrophes       87.4       88.6       1.2
and PYD
                                                                        

First quarter 2014 written premiums in Consumer Markets rose 6% from first
quarter 2013 as a result of strong new business premium growth, improved
policy retention, and sustained renewal written price increases. New business
premium in first quarter 2014 totaled $136 million, 16% higher than first
quarter 2013 new business premium of $117 million due to strong auto new
business growth across all channels, but particularly in AARP Agency and Other
Agency. First quarter 2014 premium retention for auto improved 1 point to 89%
and homeowners increased by 1 point to 93%. First quarter 2014 renewal written
price increases averaged 5% in auto and 8% in homeowners, compared with 5% and
6%, respectively, in first quarter 2013.

Consumer Markets recorded an underwriting gain of $125 million in first
quarter 2014 compared with an underwriting gain of $72 million in first
quarter 2013. First quarter 2014 combined ratio was 86.5, 5.5 points better
than first quarter 2013 combined ratio of 92.0, primarily due to an improved
expense ratio and favorable PYD. Catastrophe losses totaled $26 million,
before tax, in first quarter 2014, flat with first quarter 2013. Favorable PYD
in first quarter 2014 totaled $34 million, before tax, and was due to
favorable development on prior year catastrophes and homeowners, compared with
unfavorable PYD of $4 million, before tax, in first quarter 2013.

Before catastrophes and PYD, first quarter 2014 combined ratio improved 1.2
points to 87.4 from 88.6 in first quarter 2013 due to a lower expense ratio as
a result of higher earned premiums and reduced marketing spending. The first
quarter 2014 current accident year loss ratio of 63.6 deteriorated modestly
from 63.4 in first quarter 2013, primarily driven by adverse winter weather in
January and February.

P&C Other Operations

First quarter 2014 underwriting loss was $8 million compared with $9 million
in first quarter 2013. First quarter 2014 results included unfavorable PYD of
$1 million, before tax, while first quarter 2013 had unfavorable PYD of $2
million, before tax.

GROUP BENEFITS
First Quarter 2014 Highlights:

  *Core earnings of $45 million, up 50% from first quarter 2013, due
    primarily to improved group long-term disability results
  *After-tax core earnings margin improved to 5.1% compared with 3.2% in
    first quarter 2013
  *Loss ratio improved 2.9 points from first quarter 2013 to 74.5%

                                                              
GROUP BENEFITS
($ in millions)                Three Months Ended
                              Mar. 31 2014    Mar. 31 2013    Change
Fully insured premiums¹        $776            $812            (4%)
Loss ratio                     74.5%           77.4%           2.9
Core earnings                  $45             $30             50%
After-tax core earnings        5.1%            3.2%            1.9
margin

[1] Fully insured ongoing premiums excludes buyout premiums and premium
equivalents

First quarter 2014 Group Benefits core earnings totaled $45 million, a 50%
increase from $30 million in first quarter 2013, primarily due to improved
group long-term disability resulting from improved long-term disability
incidence trends, continued strong long-term disability recoveries and
improved pricing. Net income in first quarter 2014 totaled $51 million, up 21%
from $42 million in first quarter 2013, reflecting higher core earnings,
partially offset by lower net realized capital gains excluded from core
earnings of $6 million, after-tax, in first quarter 2014 compared with $12
million, after-tax, in first quarter 2013.

The loss ratio of 74.5% in first quarter 2014 improved by 2.9 points from
77.4% in first quarter 2013 due to improved group long-term disability
results. The group disability loss ratio, which combines both short-term and
long-term disability results, improved by 7.5 points to 82.4% from 89.9% in
first quarter 2013. As a result of improved loss trends, the after-tax core
earnings margin rose to 5.1% from 3.2% in first quarter 2013.

In first quarter 2014, fully insured ongoing premiums were $776 million, down
4% from first quarter 2013. The reduction in premiums was primarily due to
continued management actions related to the Association-Financial Institutions
block of business. Excluding this block of business, fully insured Group
Benefits premiums declined 1% from first quarter 2013.

MUTUAL FUNDS
First Quarter 2014 Highlights:

  *Retail and retirement mutual fund (Mutual Funds) net flows of $18 million
    were positive for the first time since first quarter 2011
  *Core earnings were $21 million, up 5% from first quarter 2013
  *Total Mutual Funds assets under management (AUM) of $73.3 billion at March
    31, 2014, an 11% increase from March 31, 2013

                                                              
MUTUAL FUNDS
($ in millions)                Three Months Ended
                              Mar. 31 2014    Mar. 31 2013    Change
Core earnings                  $21             $20             5%
Total Mutual Funds sales       $3,692          $4,104          (10%)
Total Mutual Funds net         $18             $(498)          NM
flows
Total Mutual Funds AUM         $73,346         $65,808         11%
Average Mutual Funds AUM       $72,132         $63,710         13%
Annuity AUM                    $24,957         $26,628         (6%)
Total AUM                      $98,303         $92,436         6%
Average AUM                    $97,519         $90,042         8%
                                                                        

First quarter 2014 Mutual Funds net flows totaled $18 million, the first
positive quarter since first quarter 2011, compared with net outflows of $498
million in first quarter 2013. The improvement in net flows reflects a 9 point
improvement in the annualized redemption rate (gross redemptions divided by
beginning of period AUM) from 30% in first quarter 2013 to 21% in first
quarter 2014. Mutual Funds sales totaled $3.7 billion, down 10% from first
quarter 2013, due to lower sales of fixed income retail mutual funds.

Total core earnings for the Mutual Funds segment rose 5% to $21 million in
first quarter 2014 compared with $20 million in first quarter 2013. First
quarter 2014 net income was $21 million, up 17% from $18 million in first
quarter 2013. Core earnings and net income grew as a result of increased
revenue from higher average AUM reflecting improved net flows and higher
equity capital market levels. Core earnings for Mutual Funds increased,
partially offset by lower core earnings from annuity mutual funds (Annuity)
that are associated with the company's run-off U.S. VA block.

Total AUM rose 6% to $98.3 billion at March 31, 2014 from $92.4 billion at
March 31, 2013 due to 11% growth in Mutual Funds AUM during that time period,
partially offset by a 6% decline in Annuity AUM, reflecting the run-off of
that block of business.

TALCOTT RESOLUTION
First Quarter 2014 Highlights:

  *Announced agreement to sell Japan annuity business for $895 million;
    expected to close in July 2014
  *Transaction will permanently eliminate The Hartford's Japan variable
    annuity (VA) risk
  *U.S. VA policy counts declined 3% from Dec. 31, 2013 while annualized full
    surrender rate was 12% during first quarter 2014

                                                              
TALCOTT RESOLUTION
($ in millions)                Three Months Ended
                              Mar. 31 2014    Mar. 31 2013    Change
Core earnings                  $175            $162            8%
Net income (loss)              $145            $(294)          NM
U.S. VA annualized full        12.3%           14.5%           (2.2)
surrender rate^1
Japan VA annualized full       38.1%           9.6%            28.5
surrender rate^1
U.S. VA account value          $59,547         $65,500         (9%)
Japan VA account value         $17,800         $26,934         (34%)

[1] Full surrender rate represents full contract liquidation; excludes partial
withdrawals and lump sum elections at annuitization

First Quarter 2014 Results

Talcott Resolution first quarter 2014 core earnings were $175 million, an 8%
increase over $162 million in first quarter 2013 due to higher limited
partnerships and other alternative investment income, lower DAC amortization
and lower costs from the Enhanced Surrender Value (ESV) program that, in
total, more than offset the decline in fee income due to VA surrender activity
over the past 12 months. First quarter 2013 core earnings included $25
million, after-tax, of costs for the company's ESV program, while first
quarter 2014 results did not include material ESV program costs.

Net income for Talcott Resolution in first quarter 2014 totaled $145 million
compared with a net loss of $294 million in first quarter 2013, which included
a $541 million, after-tax, charge, primarily driven by the write-off of Japan
VA DAC as a result of expanded hedging programs during that quarter. First
quarter 2014 net income included net realized capital losses excluded from
core earnings of $44 million, after-tax and DAC, partially offset by an unlock
benefit of $14 million, after-tax. First quarter 2013 net loss included a DAC
unlock charge of $541 million, after-tax, net realized capital gains excluded
from core earnings of $43 million, after-tax, and a net reinsurance gain on
disposition of $44 million, after-tax, related to the sale of the Retirement
Plans business in January 2013.

Primarily as a result of surrender activity, U.S. VA account values declined
4% to $59.5 billion from $61.8 billion at Dec. 31, 2013. U.S. VA policy counts
as of March 31, 2014 declined 3% from Dec. 31, 2013, a permanent reduction in
risk. In first quarter 2014, the U.S. VA annualized full surrender rate was
12.3%, including 1.1 points from the ESV program, compared with 14.5% in first
quarter 2013, which included 3.5 points from the ESV program. Surrenders,
excluding the impact of the ESV program, were up slightly from first quarter
2013 due to the moneyness and aging of the U.S. VA block. At March 31, 2014,
only 6% of contracts with living benefit guarantees were in-the-money; the
average moneyness of these contracts was 12% as of March 31, 2014.

Due largely to first quarter 2014 surrenders and lump sum annuitization
withdrawals, Japan VA account values declined by 12% to $17.8 billion at March
31, 2014 from $20.1 billion at Dec. 31, 2013, while Japan VA policy counts as
of March 31, 2014 declined 11% from Dec. 31, 2013, a permanent reduction in
risk. The Japan VA annualized full surrender rate, which does not include lump
sum withdrawals by policyholders that have reached annuitization eligibility,
was 38.1% in first quarter 2014, up from 9.6% in first quarter 2013. The
increase in the Japan VA surrender rate was due both to the improved moneyness
level and the aging of the block. At March 31, 2014 approximately 26% of the
contracts with living benefit guarantees, including guaranteed minimum income
benefits, were in-the-money; the average moneyness of these contracts was only
4% at March 31, 2014.

Announcement of Agreement to Sell Japan Annuity Business

Earlier today, The Hartford announced that the agreement to sell Hartford Life
Insurance K.K. (HLIKK), its Japan annuity company, for $895 million to a
subsidiary of ORIX Corporation (NYSE: IX), a diversified Japanese financial
services company. Closing of the sale which is expected in July, is subject to
satisfaction or waiver of customary conditions, including regulatory approvals
from the Japan Financial Services Agency and other regulators and other terms
and conditions, as described in the purchase agreement in the company's 8-K
filing with the SEC.

Concurrent with closing, all reinsurance agreements between HLIKK and The
Hartford's U.S. life insurance subsidiaries will terminate, with the exception
of an agreement covering about $1.1 billion of fixed payout annuities related
to the 3Win product written by HLIKK.

The Company estimates that the March 31, 2014 pro forma effect of the sale is
a GAAP loss of approximately $675 million, after-tax, and a statutory surplus
loss of approximately $275 million, after-tax, in its U.S. life subsidiaries.
The expected loss on sale and the results of operations of HLIKK prior to
closing of the transaction will be reported as discontinued operations
beginning in the second quarter of 2014. As discontinued operations, the
results of operations of HLIKK will be excluded from income from continuing
operations and from core earnings for all periods presented in the financial
statements.

The Company estimates a March 31, 2014 pro forma capital benefit from the
transaction of approximately $1.4 billion, including the net sales proceeds of
approximately $860 million, after-tax, and an estimated reduction in capital
required in the Company’s U.S. life insurance subsidiaries of approximately
$540 million due to the termination of certain reinsurance agreements with
those subsidiaries supporting the Japan annuity business.

The purchase price is subject to potential upward or downward adjustment at
the closing based on changes in the adjusted net worth of HLIKK and changes in
the value of the in-force variable annuity business of HLIKK from a reference
date of Dec. 31, 2013 through the date of closing. The estimated March 31,
2014 GAAP loss, statutory surplus loss and total capital benefit from the sale
will be impacted by any adjustments to the purchase price, offset by any gains
or losses in the Company’s Japan VA hedging program. While the Company’s Japan
VA hedging program is designed to largely offset the effect of the purchase
price adjustment on the estimated capital benefit, gains or losses from the
hedging program could differ materially from the purchase price adjustment.
Under such circumstances, the total capital benefit of the transaction at
closing and the estimated GAAP loss and statutory surplus loss could differ
materially from the estimates set forth above.

CORPORATE

First quarter 2014 Corporate core losses totaled $63 million, versus core
losses of $73 million in first quarter 2013. The Corporate net loss totaled
$85 million in first quarter 2014 compared with a net loss of $358 million in
first quarter 2013. The net loss in first quarter 2013 included a $138 million
charge, after-tax, for the early extinguishment of debt and a $69 million loss
on disposition, after-tax, due to a reduction in goodwill related to the sale
of the Retirement Plans business in January 2013. The improvement in core
losses was principally due to lower interest expense as a result of debt
repayments during 2013. Interest expense decreased from $107 million, before
tax, in first quarter 2013 to $95 million, before tax, in first quarter 2014.

INVESTMENTS
First Quarter 2014 Highlights:

  *Annualized investment yield of 4.4%, before tax, higher than first quarter
    2013
  *Annualized investment yield, excluding limited partnerships and other
    alternative investments, before tax, was 4.0%, down from 4.1% in first
    quarter 2013
  *Net impairment losses, including mortgage loan loss reserves, totaled $22
    million, before tax

                                                             
INVESTMENTS
($ in millions)                     Three Months Ended
Amounts presented before tax        Mar. 31     Mar. 31     Change
                                       2014            2013
Net investment income, excluding    $836        $856        (2   %)
trading securities
Net impairment losses including     ($22    )    ($21    )    (5   %)
mortgage loan loss reserves
Annualized investment yield^1       4.4     %    4.3     %    0.1  
Annualized investment yield on
limited partnership and other       13.0    %    8.8     %    4.2  
alternative investments
Annualized investment yield,
excluding limited partnerships      4.0     %    4.1     %    (0.1 )
and other alternative
investments

[1] Yields, before tax, calculated using annualized net investment income
(excluding income related to equity securities, trading) divided by the
monthly average invested assets at cost, amortized cost, or adjusted carrying
value, as applicable, excluding equity securities, trading, and repurchase
agreement collateral.

First quarter 2014 net investment income, excluding trading securities
associated with the company's Japan VA business, totaled $836 million, before
tax, a 2% decrease from first quarter 2013. The decrease in net investment
income was largely due to a reduced level of invested assets, primarily in
Talcott Resolution, and lower income from repurchase agreements, compared with
first quarter 2013.

Annualized investment yield, before tax, including investment income on
limited partnerships and other alternative investments, was 4.4% in first
quarter 2014, slightly higher than first quarter 2013. Limited partnerships
and other alternative investments generated income of $97 million, before tax,
for an annualized return of 13% in first quarter 2014 compared with first
quarter 2013 investment income of $66 million, before tax, or 9%. First
quarter 2014 annualized investment yield, before tax, excluding limited
partnerships and other alternative investments, decreased to 4.0%, compared
with 4.1% in first quarter 2013. The reduction in annualized investment yield
from first quarter 2013 was primarily due to reduced income from repurchase
agreements compared with first quarter 2013.

First quarter 2014 new money yields of 3.9% approximated the yield on
securities that matured or were sold during the quarter. The duration of the
general account portfolio, excluding certain assets related to hedging the VA
business, was 5.0 years at March 31, 2014, shorter than the duration of 5.3
years at Dec. 31, 2013.

The credit performance of the company's general account assets remains strong.
Net impairment losses in first quarter 2014, including the change in mortgage
loan loss reserves, totaled $22 million, before tax, compared with $21
million, before tax, in first quarter 2013.

The fair value of total invested assets, excluding trading securities
associated with the company's Japan VA business, was $79.7 billion as of March
31, 2014 compared with $78.7 billion at Dec. 31, 2013, a slight increase
principally due to lower market interest rates and credit spread tightening as
of March 31, 2014 compared with Dec. 31, 2013. This also impacted net
unrealized gains on available-for-sale securities, which rose to $2.9 billion,
before tax, as of March 31, 2014, up from $1.7 billion, before tax, as of Dec.
31, 2013.


                                                        
STOCKHOLDERS’ EQUITY
                                                            
($ in millions)                          As of
                                        Mar. 31 2014    Dec. 31 2013
Stockholders' equity                     $19,774         $18,905
Stockholders' equity (ex. AOCI)¹         $19,115         $18,984
Book value per diluted share             $41.56          $39.14
Book value per diluted share (ex. AOCI)* $40.17          $39.30

[1] Accumulated other comprehensive income (AOCI)

The Hartford’s stockholders’ equity was $19.8 billion as of March 31, 2014, an
increase of $0.9 billion, or 5%, from $18.9 billion as of Dec. 31, 2013,
principally due to first quarter 2014 net income of $495 million and the
impact of lower interest rates at March 31, 2014 on AOCI. March 31, 2014
shareholders' equity includes first quarter 2014 share repurchases totaling
$300 million and common dividends of $67 million.

During first quarter 2014, the company repurchased 8.8 million common shares,
which contributed to the reduction in outstanding and dilutive potential
common shares from 483.0 million at Dec. 31, 2013 to 475.8 million at March
31, 2014. Under the capital management plan announced in February 2014, the
company has $2 billion of equity repurchase authorization through Dec. 31,
2015. As of April 23, 2014, the company has repurchased equity totaling $600
million under this program, including $300 million in first quarter 2014 and
$300 million since April 1, 2014.

Book value per diluted common share was $41.56 as of March 31, 2014, an
increase of 6% compared with $39.14 as of Dec. 31, 2013. Excluding AOCI, book
value per diluted common share* increased 2% to $40.17 as of March 31, 2014,
compared with $39.30 as of Dec. 31, 2013.

CONFERENCE CALL

The Hartford will discuss its first quarter 2014 financial results in a
webcast on Tuesday, April 29, 2014 at 9 a.m. EDT. The webcast, along with a
slide presentation, can be accessed live or as a replay through the investor
relations section of The Hartford's website at http://ir.thehartford.com. The
slide presentation will be posted on The Hartford’s website at approximately
8:30 a.m. EDT on April 29, 2014.

More detailed financial information can be found in The Hartford's Investor
Financial Supplement for March 31, 2014, which is available at
http://ir.thehartford.com.

ABOUT THE HARTFORD

With more than 200 years of expertise, The Hartford (NYSE:HIG) is a leader in
property and casualty insurance, group benefits and mutual funds. The company
is widely recognized for its service excellence, sustainability practices,
trust and integrity. More information on the company and its financial
performance is available at www.thehartford.com.

From time to time, The Hartford may use its website to disseminate material
company information. Financial and other important information regarding The
Hartford is routinely accessible through and posted on our website at
http://ir.thehartford.com. In addition, you may automatically receive email
alerts and other information about The Hartford when you enroll your email
address by visiting the “Email Alerts” section at http://ir.thehartford.com.

HIG-F

                                                                                                       
THE HARTFORD FINANCIAL SERVICES GROUP, INC.
CONSOLIDATING INCOME STATEMENTS
($ in millions)
Three Months Ended Mar. 31, 2014                                                         
                       Property      Group        Mutual     Talcott
                    &           Benefits   Funds    Resolution   Corporate   Consolidated
                       Casualty
Earned premiums      $ 2,469       $  784       $ —        $  48          $  —          $  3,301
Fee income             —             15           174        429            3             621
Net investment
income (loss)
Securities
available-for-sale     326           96           —          412            2             836
and other
Equity securities,   —          —         —       (236    )    —          (236      )
trading [1]
Total net              326           96           —          176            2             600
investment income
Other revenues         25            —            —          —              —             25
Net realized
capital gains        (37     )   8         —       (48     )    (9      )   (86       )
(losses)
Total revenues         2,783         903          174        605            (4      )     4,461
Benefits, losses,
and loss               1,570         597          —          437            —             2,604
adjustment
expenses
Benefits, losses,
and loss
adjustment
expenses – returns     —             —            —          (236    )      —             (236      )
credited on
international
variable annuities
[1]
Amortization of
deferred policy        311           9            9          67             —             396
acquisition costs
Insurance
operating costs        396           228          132        159            12            927
and other expenses
Interest expense       —             —            —          —              95            95
Restructuring and    —          —         —       —           20         20        
other costs
Total benefits and     2,277         834          141        427            127           3,806
expenses
Income (loss)
before income          506           69           33         178            (131    )     655
taxes
Income tax expense   143        18        12      33          (46     )   160       
(benefit)
Net income (loss)      363           51           21         145            (85     )     495
Less: Unlock           —             —            —          14             —             14
benefit, after-tax
Less:
Restructuring and      —             —            —          —              (13     )     (13       )
other costs,
after-tax
Less: Net realized
capital gains
(losses),            (23     )   6         —       (44     )    (9      )   (70       )
after-tax and DAC,
excluded from core
earnings
Core earnings          $ 386         $  45        $ 21       $  175         $  (63  )     $  564    
(losses)

[1] 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 benefits, losses and loss adjustment expenses.

                                                                                                       
THE HARTFORD FINANCIAL SERVICES GROUP, INC.
CONSOLIDATING INCOME STATEMENTS
($ in millions)
Three Months Ended Mar. 31, 2013                                                         
                       Property      Group        Mutual     Talcott
                    &           Benefits   Funds    Resolution   Corporate   Consolidated
                       Casualty
Earned premiums      $ 2,425       $  812       $ —        $  15          $  —          $  3,252
Fee income             —             14           160        503            3             680
Net investment
income (loss)
Securities
available-for-sale     312           97           —          434            13            856
and other
Equity securities,   —          —         —       2,562       —          2,562     
trading [1]
Total net
investment income      312           97           —          2,996          13            3,418
(loss)
Other revenues         68            —            —          —              —             68
Net realized         51         18        —       1,633       (96     )   1,606     
capital gains
Total revenues         2,856         941          160        5,147          (80     )     9,024
Benefits, losses,
and loss               1,582         639          —          443            —             2,664
adjustment
expenses
Benefits, losses,
and loss
adjustment
expenses – returns     —             —            —          2,562          —             2,562
credited on
international
variable annuities
[1]
Amortization of
deferred policy        310           8            9          1,009          —             1,336
acquisition costs
Insurance
operating costs        471           240          122        128            26            987
and other expenses
Loss on
extinguishment of      —             —            —          —              213           213
debt
Reinsurance loss       —             —            —          1,505          69            1,574
on dispositions
Interest expense       —             —            —          —              107           107
Restructuring and    —          —         1       1           16         18        
other costs
Total benefits and     2,363         887          132        5,648          431           9,461
expenses
Income (loss) from
continuing             493           54           28         (501    )      (511    )     (437      )
operations before
income taxes
Income tax expense   142        12        10      (208    )    (153    )   (197      )
(benefit)
Income (loss) from
continuing             351           42           18         (293    )      (358    )     (240      )
operations
Loss from
discontinued         —          —         —       (1      )    —          (1        )
operations,
after-tax
Net income (loss)      351           42           18         (294    )      (358    )     (241      )
Less: Unlock           —             —            —          (541    )      —             (541      )
benefit, after-tax
Less:
Restructuring and      —             —            (1   )     (1      )      (10     )     (12       )
other costs,
after-tax
Less: Loss from
discontinued           —             —            —          (1      )      —             (1        )
operations,
after-tax
Less: Loss on
extinguishment of      —             —            —          —              (138    )     (138      )
debt, after-tax
Less: Net
reinsurance loss                                             44             (69     )     (25       )
on dispositions,
after-tax
Less: Net realized
capital gains
(losses) and         33         12        (1   )   43          (68     )   19        
other, after-tax
and DAC, excluded
from core earnings
Core earnings          $ 318         $  30        $ 20       $  162         $  (73  )     $  457    
(losses)
                                                                                                         

[1] 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 benefits, losses and loss adjustment expenses.


THE HARTFORD FINANCIAL SERVICES GROUP, INC.
RESULTS BY SEGMENT
($ in millions, except per share data)
                                                              
                                         Three Months Ended
                                         Mar. 31     Mar. 31      Change
                                         2014           2013
Core earnings (losses):
P&C Commercial                           $ 264          $ 224           18%
Consumer Markets                         101            73              38%
P&C Other Operations                  21         21          —%
Property & Casualty Combined             386            318             21%
Group Benefits                           45             30              50%
Mutual Funds                          21         20          5%
Sub-total                                452            368             23%
Talcott Resolution                       175            162             8%
Corporate                             (63    )    (73     )    (14)%
CONSOLIDATED CORE EARNINGS               564            457             23%
Add: Unlock benefit (charge),            14             (541    )       NM
after-tax
Add: Restructuring and other             (13    )       (12     )       8%
costs, after-tax
Add: Income (loss) from                  —              (1      )       100%
discontinued operations, after-tax
Add: Loss on extinguishment of           —              (138    )       100%
debt, after-tax
Add: Net reinsurance loss on             —              (25     )       100%
dispositions, after-tax
Add: Net realized capital losses,
after-tax and DAC, excluded from      (70    )    19          NM
core earnings
Net income (loss)                     $ 495      $ (241  )    NM
PER SHARE DATA
Diluted earnings (losses) per
common share
Core earnings available to common
shareholders and assumed                 $ 1.18         $ 0.93          27%
conversion of preferred shares
Add: Unlock benefit (charge),            0.03           (1.15   )       NM
after-tax
Add: Restructuring and other             (0.03  )       (0.03   )       —%
costs, after-tax
Add: Income (loss) from                  —              (0.01   )       100%
discontinued operations, after-tax
Add: Loss on extinguishment of           —              (0.29   )       100%
debt, after-tax
Add: Net reinsurance loss on             —              (0.05   )       100%
dispositions, after-tax
Add: Net realized capital losses,
after-tax and DAC, excluded from         (0.15  )       —               100%
core earnings
Less: Assumed conversion of           —          (0.02   )    100%
preferred dividends
Net income (loss) available to        $ 1.03     $ (0.58 )    NM
common shareholders
                                                                        

NM: The Hartford defines increases or decreases greater than or equal to 200%
or changes from a net gain to a net loss position, or vice versa, as “NM” or
“not meaningful.”

DISCUSSION OF NON-GAAP FINANCIAL MEASURES

The Hartford uses non-GAAP financial measures in this press release 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 financial measures to those of
other companies. Definitions and calculations of other financial measures used
in this press release can be found below and in The Hartford's Investor
Financial Supplement for first quarter 2014, which is available on The
Hartford's website, http://ir.thehartford.com.

Book value per diluted common share excluding accumulated other comprehensive
income ("AOCI”): Book value per diluted common share excluding AOCI is a
non-GAAP financial measure based on a GAAP financial measure. It is calculated
by dividing (a) common stockholders' equity excluding AOCI, after-tax, by (b)
common shares outstanding and dilutive potential common shares. The Hartford
provides book value per diluted common share excluding AOCI to enable
investors to analyze the company’s stockholders’ equity excluding the effect
of changes in the value of the company’s investment portfolio and other assets
due to interest rates, currency and other factors. The Hartford believes book
value per diluted common share excluding AOCI is useful to investors because
it eliminates the effect of items that can fluctuate significantly from period
to period, primarily based on changes in market value. Book value per diluted
common share is the most directly comparable GAAP measure. A reconciliation of
book value per diluted common share, including AOCI to book value per diluted
common share, excluding AOCI is set forth below.

                              
                                  As of
                                  Mar. 31 2014    Dec. 31 2013    Change
Book value per diluted
common share, including           $41.56          $39.14          6%
AOCI
Less: Per diluted share        $1.39           $(0.16)         NM
impact of AOCI
Book value per diluted
common share, excluding        $40.17          $39.30          2%
AOCI
                                                                        

Combined ratio before catastrophes and prior year development: Combined ratio
before catastrophes and prior year development (PYD) is a non-GAAP financial
measure. Combined ratio is the most directly comparable GAAP measure. The
combined ratio is the sum of the loss and loss adjustment expense ratio, the
expense ratio and the policyholder dividend ratio. This ratio measures the
cost of losses and expenses for every $100 of earned premiums. A combined
ratio below 100 demonstrates a positive underwriting result. A combined ratio
above 100 indicates a negative underwriting result. The combined ratio before
catastrophes and PYD represents the combined ratio for the current accident
year, excluding the impact of current accident year catastrophes. The company
believes this ratio is an important measure of the trend in profitability
since it removes the impact of volatile and unpredictable catastrophe losses
and prior accident year loss and loss adjustment expense reserve. A
reconciliation of the combined ratio to the combined ratio before catastrophes
and PYD is provided in the table below.

                                             
                                                 Three Months Ended
                                                 Mar. 31    Mar. 31
                                                 2014          2013
P&C Commercial                                             
Combined ratio                                   91.2          94.0
Catastrophe ratio                                3.1           0.4
Non-catastrophe PYD                              0.3           0.5
Combined ratio, excl. catastrophes and PYD       87.7          93.1
                                                               
                                                               
Consumer Markets
Combined ratio                                   86.5          92.0
Catastrophe ratio                                0.5           3.1
Non-catastrophe PYD                              (1.4)         0.2
Combined ratio, excl. catastrophes and PYD       87.4          88.6
                                                               

Core Earnings: The Hartford uses the non-GAAP 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 including the net effect of certain realized capital gains and
losses, discontinued operations, loss on extinguishment of debt, gains and
losses on business disposition transactions, certain restructuring charges and
the impact of Unlocks to deferred policy acquisition costs ("DAC"), sales
inducement assets ("SIA"), unearned revenue reserves ("URR") and death and
other insurance benefit reserve balances. 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 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. Net income
(loss) is the most directly comparable U.S. GAAP measure. Core earnings should
not be considered as a substitute for net income (loss) and does not reflect
the overall profitability of the company’s business. Therefore, the Hartford
believes that it is useful for investors to evaluate both net income (loss)
and core earnings when reviewing the company’s performance.

A reconciliation of core earnings to net income (loss) for the quarterly
periods ended March31, 2014 and 2013, is included in this press release. A
reconciliation of core earnings to net income (loss) for individual reporting
segments can be found in this press release under the heading "The Hartford
Financial Services Group, Inc. Consolidating Income Statements" and in The
Hartford's Investor Financial Supplement for the quarter ended March31, 2014.

Core earnings available to common shareholders per diluted share: Core
earnings available to common shareholders per diluted share is calculated
based on the non-GAAP financial measure core earnings. It is calculated by
dividing (a) core earnings, by (b) diluted common shares outstanding. The
Hartford believes that the measure core earnings available to common
shareholders per diluted share provides investors with a valuable measure of
the company's operating performance for the same reasons applicable to its
underlying measure, core earnings. Net income (loss) per diluted common share
is the most directly comparable GAAP measure. Core earnings available to
common shareholders per diluted share should not be considered as a substitute
for net income (loss) per diluted share and does not reflect the overall
profitability of the company's business.

Therefore, The Hartford believes that it is useful for investors to evaluate
both net income (loss) per diluted share and core earnings available to common
shareholders per diluted share when reviewing the company's performance. A
reconciliation of core earnings available to common shareholders per diluted
share to net income (loss) per diluted common share for the quarterly periods
ended March31, 2014 and 2013 is included in this press release under the
heading “The Hartford Financial Services Group, Inc. Results By Segment.”

Underwriting gain (loss): The Hartford's management evaluates profitability of
the P&C Commercial and Consumer Markets segments primarily on the basis of
underwriting gain or loss. Underwriting gain (loss) is a before-tax measure
that represents earned premiums less incurred losses, loss adjustment expenses
and underwriting expenses. Net income (loss) is the most directly comparable
GAAP measure. Underwriting gain (loss) is 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, as management strives to manage exposure to loss
through favorable risk selection and diversification, effective management of
claims, use of reinsurance and its ability to manage its expenses. The
Hartford believes that the measure underwriting gain (loss) provides investors
with a valuable measure of profitability, before tax, derived from
underwriting activities, which are managed separately from the company's
investing activities. A reconciliation of underwriting results to net income
for the quarterly periods ended March31, 2014 and 2013, is set forth below.

                                                                
                                                Three Months Ended
                                                Mar. 31    Mar. 31
                                                2014          2013
P&C Commercial
Net income                                      $242          $253
Less: Net realized capital gains (losses)       (32)          43
Add: Income tax expense                         90            99
Less: Net servicing income                      3             6
Less: Other income                              (31)          (28)
Less: Net investment income                  256        240
Underwriting gain                               $136          $91
                                                                        
Consumer Markets
Net income                                      $99           $77
Less: Net realized capital gains                (5)           7
Add: Income tax expense                         48            36
Less: Net servicing income                      —             9
Less: Other income                              (8)           (12)
Less: Net investment income                  35         37
Underwriting gain                               $125          $72
                                                                        

SAFE HARBOR STATEMENT

Some of the statements in this release should be considered forward-looking
statements as defined in the Private Securities Litigation Reform Act of 1995.
Forward-looking statements can be identified by words such as “anticipates,”
“intends,” “plans,” “seeks,” “believes,” “estimates,” “expects,” “projects”
and similar references to the future. Examples of forward-looking statements
include, but are not limited to, statements the company makes regarding future
results of operations. The Hartford cautions investors that these
forward-looking statements are not guarantees of future performance, and
actual results may differ materially. Investors should consider the important
risks and uncertainties that may cause actual results to differ. These
important risks and uncertainties include: risks that the total capital
benefit of the Hartford Life Insurance KK transaction and the U.S. GAAP
after-tax loss and statutory surplus loss at closing could differ materially
from estimates; challenges related to the company's current operating
environment, including global political, economic and market conditions, and
the effect of financial market disruptions, economic downturns or other
potentially adverse macroeconomic developments on the attractiveness of our
products, the returns in our investment portfolios and the hedging costs
associated with our variable annuities business; the risks, challenges and
uncertainties associated with the strategic realignment of our business to
focus on our property and casualty, group benefits and mutual fund businesses;
the risks, challenges and uncertainties associated with our capital management
plan, expense reduction initiatives and other actions, which may include
acquisitions, divestitures or restructurings; execution risk related to the
continued reinvestment of our investment portfolios and refinement of our
hedge program for our run-off annuity block; market risks associated with our
business, including changes in interest rates, credit spreads, equity prices,
market volatility and foreign exchange rates, and implied volatility levels,
as well as continuing uncertainty in key sectors such as the global real
estate market; the possibility of unfavorable loss development including with
respect to long-tailed exposures; the possibility of a pandemic, earthquake,
or other natural or man-made disaster that may adversely affect our
businesses; weather and other natural physical events, including the severity
and frequency of storms, hail, winter storms, hurricanes and tropical storms,
as well as climate change and its potential impact on weather patterns; risk
associated with the use of analytical models in making decisions in key areas
such as underwriting, capital, hedging, reserving, and catastrophe risk
management; the uncertain effects of emerging claim and coverage issues; the
company's ability to effectively price its property and casualty policies,
including its ability to obtain regulatory consents to pricing actions or to
non-renewal or withdrawal of certain product lines; the impact on our
statutory capital of various factors, including many that are outside the
company's control, which can in turn affect our credit and financial strength
ratings, cost of capital, regulatory compliance and other aspects of our
business and results; risks to our business, financial position, prospects and
results associated with negative rating actions or downgrades in the company's
financial strength and credit ratings or negative rating actions or downgrades
relating to our investments; the impact on our investment portfolio if our
investment portfolio is concentrated in any particular segment of the economy;
volatility in our statutory and U.S. GAAP earnings and potential material
changes to our results resulting from our adjustment of our risk management
program to emphasize protection of economic value; the potential for differing
interpretations of the methodologies, estimations and assumptions that
underlie the valuation of the company's financial instruments that could
result in changes to investment valuations; the subjective determinations that
underlie the company's evaluation of other-than-temporary impairments on
available-for-sale securities; losses due to nonperformance or defaults by
others; the potential for further acceleration of deferred policy acquisition
cost amortization; the potential for further impairments of our goodwill or
the potential for changes in valuation allowances against deferred tax assets;
the possible occurrence of terrorist attacks and the company's ability to
contain its exposure, including the effect of the absence or insufficiency of
applicable terrorism legislation on coverage; the difficulty in predicting the
company's potential exposure for asbestos and environmental claims; the
response of reinsurance companies under reinsurance contracts and the
availability, pricing and adequacy of reinsurance to protect the company
against losses; actions by our competitors, many of which are larger or have
greater financial resources than we do; the company's ability to distribute
its products through distribution channels, both current and future; the cost
and other effects of increased regulation as a result of the implementation of
the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, and the
potential effect of other domestic and foreign regulatory developments,
including those that could adversely impact the demand for the company's
products, operating costs and required capital levels; unfavorable judicial or
legislative developments; regulatory limitations on the ability of the company
and certain of its subsidiaries to declare and pay dividends; the company's
ability to maintain the availability of its systems and safeguard the security
of its data in the event of a disaster, cyber or other information security
incident or other unanticipated event; the risk that our framework for
managing operational risks may not be effective in mitigating material risk
and loss to the company; the potential for difficulties arising from
outsourcing and similar third-party relationships; the impact of changes in
federal or state tax laws; regulatory requirements that could delay, deter or
prevent a takeover attempt that shareholders might consider in their best
interests; the impact of potential changes in accounting principles and
related financial reporting requirements; the company's ability to protect its
intellectual property and defend against claims of infringement; and other
factors described in such forward-looking statements or in The Hartford's 2013
Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and other filings
The Hartford makes with the Securities and Exchange Commission.

Any forward-looking statement made by the company in this release speaks only
as of the date of this release. Factors or events that could cause the
company's actual results to differ may emerge from time to time, and it is not
possible for the company to predict all of them. The company undertakes no
obligation to publicly update any forward-looking statement, whether as a
result of new information, future developments or otherwise.

Contact:

The Hartford
Media Contacts
Shannon Lapierre, 860-547-5624
shannon.lapierre@thehartford.com
or
Thomas Hambrick, 860-547-9746
thomas.hambrick@thehartford.com
or
Investor Contacts
Sabra Purtill, CFA, 860-547-8691
sabra.purtill@thehartford.com
or
Sean Rourke, 860-547-5688
sean.rourke@thehartford.com
 
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