The BusinessWeek 50 Ranking
49
Hartford Financial Services Group
TO DRIVE FRESH growth, Ayer is pushing rapidly into wealth management and retirement planning. Sales of 401(k) plans, one of Hartford’s fastestgrowing products, jumped 31%, to a record $3.2 billion in 2005. Hartford is also making inroads internationally. One especially hot performer is its Japan annuity business, which last year saw assets surge 53% over the prior year. Continued growth in the Connecticut-based firm’s bread-and-butter life insurance and variable annuities sales, as well as a foray into new international markets, helped push assets under management up 11% last year, to $323 billion.
Company Info |
|
| 2005 Rank | 82 |
| GET MORE COMPANY INFO | HIG |
| Market Value $ Million | 24,891.3 |
| Total Return $ Million | (1-yr.) 16.4
(3-yr.) 140.6 |
| 2005 Sales $ Billion | 27.1 |
| Sales Growth $ Million | (1-yr.) 19
(3-yr.) 18.5 |
| Long-Term Growth Est. % | 12.0 |
| Net income $ Million | 2,274.0 |
| Net Income Growth $ Million | (1-yr.) 8
(3-yr.) 33.4 |
| Net Margin %* | 8.4 |
| Return on Inv. Capital (%)* | 11.3 |
| Share Price 12-Mo. Hi/Lo | 89/65 |
| P/E Ratio | 11 |
| Industry | Insurance |
| CORPORATE WEB SITE | |
