INVESTOR FINANCIAL SUPPLEMENT

MARCH 31, 2010

THE HARTFORD FINANCIAL SERVICES GROUP, INC.

Address:
One Hartford Plaza
Hartford, CT 06155

Internet address:
http://www.thehartford.com

Contacts:

Rick Costello
Senior Vice President
Investor Relations
Phone (860) 547-8480

JR (John) Reilly
Vice President
Investor Relations
Phone (860) 547-9140

Margaret Mann
Program Assistant
Investor Relations
Phone (860) 547-3800

As of April 23, 2010

		A.M. Best		Fitch		Standard & Poor’s		Moody’s
Insurance Financial Strength Ratings:
Hartford Fire Insurance Company		A		A+		A		A2
Hartford Life Insurance Company		A		A-		A		A3
Hartford Life and Accident Insurance Company		A		A-		A		A3
Hartford Life and Annuity Insurance Company		A		A-		A		A3
Other Ratings:
The Hartford Financial Services Group, Inc.:
Senior debt		bbb+		BBB-		BBB		Baa3
Commercial paper		AMB-2		F2		A-2		P-3
Junior subordinated debentures		bbb-		BB		BB+		Ba1
Mandatory convertible preferred shares		bbb-		BB		BB		—
Hartford Life, Inc.:
Senior debt		bbb+		BBB-		BBB		Baa3
Hartford Life Insurance Company:
Short term rating		—		—		A-1		P-2
Consumer notes		a		BBB+		A		Baa1

TRANSFER AGENT
The Bank of New York Mellon
BNY Mellon Shareowner Services
480 Washington Boulevard
Jersey City, NJ 07310
1 (877) 272-7740

COMMON STOCK

Common stock of The Hartford Financial Services Group, Inc. is traded on the New York Stock Exchange under the symbol “HIG”.

This report is for information purposes only. It should be read in conjunction with documents filed by The Hartford Financial Services Group, Inc. with the U.S. Securities and Exchange Commission, including the most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q.

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
INVESTOR FINANCIAL SUPPLEMENT
TABLE OF CONTENTS

Basis of Presentation		i, ii, iii
CONSOLIDATED
Consolidated Financial Results			C-1
Operating Results by Segment			C-2
Analysis of Operating Results by Segment			C-2a
Consolidating Statements of Operations
Three Months Ended March 31, 2009 and 2010			C-3
Consolidating Balance Sheets
As of December 31, 2009 and March 31, 2010			C-4
Capital Structure			C-5
Accumulated Other Comprehensive Loss			C-6
Computation of Basic and Diluted Earnings (Losses) Per Common Share			C-7
Analysis of Net Realized Capital Gains (Losses) After-tax and DAC
Three Months Ended March 31, 2009 and 2010			C-8
Computation of Return-on-Equity Measures			C-9
Components of Net Realized Capital Gains (Losses) After-tax and DAC and Excluded From Core Earnings
Three Months Ended March 31, 2009, June 30, 2009, September 30, 2009, December 31, 2009 and March 31, 2010			C-10
LIFE
Financial Highlights			L-1
Financial Highlights Excluding Impacts of the Unlock			L-1a
Operating Results			L-2
Total Assets Under Management			L-3
Consolidated Balance Sheets			L-4
Deferred Policy Acquisition Costs and Present Value of Future Profits			L-5
Supplemental Data — Annuity Death and Income Benefits			L-6
Reinsurance Recoverable Analysis
As of March 31, 2010			L-7
Statutory Surplus to GAAP Stockholders’ Equity Reconciliation			L-8
Global Annuity — U.S.
Highlights			L-9
Income Statements			L-10
Supplemental Data — Account Value Rollforward			L-11
Global Annuity — International
Highlights			L-12
Japan
Income Statements			L-13
Supplemental Data — Account Value Rollforward in Dollars			L-14
Retirement
Income Statements
Retirement Plans			L-15
Mutual Funds			L-16
Supplemental Data
Deposits			L-17
Assets Under Management and Administration			L-18
Retirement Plans
Supplemental Data
Account Value and Asset Rollforward			L-19
Mutual Funds
Supplemental Data
Account Value and Asset Rollforward			L-20
Individual Life
Income Statements			L-21
Supplemental Data			L-22
Account Value Rollforward			L-23
Group Benefits
Income Statements			L-24
Supplemental Data			L-25
Institutional
Income Statements			L-26
Supplemental Data
Assets Under Management			L-27
Account Value and Asset Rollforward			L-28
PROPERTY & CASUALTY
Financial Highlights		PC-1
Operating Results		PC-2
Ongoing Operations Operating Results		PC-3
Ongoing Operations Underwriting Results		PC-4
Personal Lines Underwriting Results		PC-5
Personal Lines Written and Earned Premiums		PC-6
Small Commercial Underwriting Results		PC-7
Middle Market Underwriting Results		PC-8
Specialty Commercial Underwriting Results		PC-9
Specialty Commercial Written and Earned Premiums		PC-10
Other Operations Operating Results		PC-11
Other Operations Losses and Loss Adjustment Expenses		PC-12
Paid and Incurred Loss and Loss Adjustment Expense Development — A&E		PC-13
Unpaid Loss and Loss Adjustment Expense Reserve Rollforward
Three Months Ended March 31, 2010		PC-14
Reinsurance Recoverable Analysis		PC-15
Consolidated Income Statements		PC-16
Consolidated Balance Sheets		PC-17
Statutory Surplus to GAAP Stockholders’ Equity Reconciliation		PC-18
INVESTMENTS
Investment Earnings Before-tax
Consolidated			I-1
Life			I-2
Property & Casualty			I-3
Corporate			I-4
Composition of Invested Assets
Consolidated			I-5
Life			I-6
Property & Casualty			I-7
Corporate			I-8
Unrealized Loss Aging
Consolidated			I-9
Life			I-10
Property & Casualty			I-11
Invested Asset Exposures
As of March 31, 2010			I-12

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
BASIS OF PRESENTATION

DEFINITIONS AND PRESENTATION

•		All amounts are in millions, except for per share and ratio information unless otherwise stated.
•		Life is organized into six reporting segments: Global Annuity-U.S., Global Annuity-International, Retirement, Individual Life, Group Benefits and Institutional. Life also includes in an Other category its leveraged PPLI product line of business; corporate items not directly allocated to any of its reportable operating segments; the mark-to-market adjustment for the equity securities, trading, reported in net investment income and the related change in interest credited reported as a component of benefits, losses and loss adjustment expenses because these items are not considered by Life’s chief operating decision maker in evaluating the International results of operations; certain fee income and commission expenses associated with sales of non-proprietary products by broker dealer subsidiaries; and inter-segment eliminations. In 2010, Life changed its reporting segments to reflect the current manner by which its chief operating decision maker views and manages the business. All segment data for prior reporting periods have been adjusted to reflect the current segment reporting.
•		Property & Casualty includes Ongoing Operations and Other Operations. Ongoing Operations includes the underwriting results of Personal Lines, Small Commercial, Middle Market and Specialty Commercial segments. Other Operations includes the underwriting results of certain property and casualty insurance operations that have discontinued writing new business and substantially all of the Company’s asbestos and environmental exposures. The profitability of the Personal Lines, Small Commercial, Middle Market and Specialty Commercial segments are evaluated primarily based on underwriting results. The Company allocates income and expense items not directly attributed to the underwriting segments, such as net investment income, net realized capital gains and losses, other expenses and income taxes, to Ongoing Operations and Other Operations, respectively. The profitability of Ongoing Operations and the Other Operations segment is evaluated primarily based on core earnings.
•		Corporate primarily includes the Company’s debt financing and related interest expense, as well as other capital raising, banking operations and certain purchase accounting adjustment activities.
•		Certain operating and statistical measures have been incorporated herein to provide supplemental data that indicate current trends in The Hartford’s business. These measures include sales, deposits, net flows, account value, insurance in-force and premium retention. Premium retention is defined as renewal premium written in the current period divided by total premium written in the prior period.
•		The Hartford, along with others in the property and casualty insurance industry, uses underwriting ratios as measures of performance. The loss and loss adjustment expense ratio is the ratio of losses and loss adjustment expenses to earned premiums. The expense ratio is the ratio of underwriting expenses (amortization of deferred policy acquisition costs, as well as other underwriting expenses) to earned premiums. The policyholder dividend ratio is the ratio of policyholder dividends to earned premiums. The combined ratio is the sum of the loss and loss adjustment expense ratio, the expense ratio and the policyholder dividend ratio. These ratios are relative measurements that describe the related cost of losses and expenses for every $100 of earned premiums. A combined ratio below 100 demonstrates underwriting profit; a combined ratio above 100 demonstrates underwriting losses. The catastrophe ratio (a component of the loss ratio) represents the ratio of catastrophe losses to earned premiums.
•		The Hartford, along with others in the life insurance industry, uses underwriting ratios as measures of the Group Benefits segment’s performance. The loss ratio is the ratio of total benefits, losses and loss adjustment expenses, excluding buyouts, to total premiums and other considerations excluding buyout premiums. The expense ratio is the ratio of insurance operating costs and other expenses to total premiums and other considerations excluding buyout premiums.
•		Accumulated other comprehensive income (“AOCI”) represents net of tax unrealized gain (loss) on available-for-sale securities; other than temporary impairment losses recognized in AOCI; net gain (loss) on cash-flow hedging instruments; foreign currency translation adjustments; and pension and other postretirement adjustments.
•		Noncontrolling interest (“NCI”) represents the minority interest portion of the equity of a subsidiary that is not attributable, directly or indirectly, to The Hartford.
•		Assets under management is a measure used by the Company because a significant portion of the Company’s revenues are based upon asset values. These revenues increase or decrease with a rise or fall in the amount of assets under management whether caused by changes in the market or through net flow.
•		Assets under administration represents the client asset base of the Company’s recordkeeping business for which revenues are predominately based on the number of plan participants. Unlike assets under management, increases or decreases in assets under administration do not have a direct corresponding increase or decrease to the Company’s revenues.
•		Yields are 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, securities lending collateral and consolidated variable interest entity non-controlling interests.
•		Certain reclassifications have been made to the prior periods to conform to the March 31, 2010 presentation.
•		NM — Not meaningful means increases or decreases greater than or equal to 200%, or changes from a net gain to a net loss position, or vice versa.

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
BASIS OF PRESENTATION (CONTINUED)

DISCUSSION OF NON-GAAP AND OTHER FINANCIAL MEASURES

•		The Hartford uses non-GAAP and other financial measures in this Investor Financial Supplement 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 and other financial measures to those of other companies.
•		The Hartford’s non-GAAP and other financial measures to those of other companies. The Hartford uses the non-GAAP financial 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 the net effect of certain realized capital gains and losses. 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 deferred policy acquisition costs (“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. Core earnings is also used by management to assess our operating performance and is one of the measures considered in determining incentive compensation for our managers. Net income is the most directly comparable GAAP measure. Core earnings should not be considered as a substitute for net income and does not reflect the overall profitability of our business. Therefore, The Hartford believes that it is useful for investors to evaluate both net income and core earnings when reviewing the Company’s performance. A reconciliation of net income to core earnings for the periods presented herein is set forth on page C-2.
•		Core earnings per share is calculated based on the non-GAAP financial measure core earnings. The Hartford believes that the measure core earnings per share provides investors with a valuable measure of the Company’s operating performance for many of the same reasons applicable to its underlying measure, core earnings. Net income per share is the most directly comparable GAAP measure. Core earnings per share should not be considered as a substitute for net income per share and does not reflect the overall profitability of our business. Therefore, the Hartford believes that it is useful for investors to evaluate both net income per share and core earnings per share when reviewing our performance. A reconciliation of net income per share to core earnings per share for the periods presented herein is set forth on page C-7.
•		Written premiums is a statutory accounting financial measure used by The Hartford as an important indicator of the operating performance of the Company’s property and casualty operations. Because written premiums represents the amount of premium charged for policies issued, net of reinsurance, during a fiscal period, The Hartford believes it is useful to investors because it reflects current trends in The Hartford’s sale of property and casualty insurance products. Earned premiums, the most directly comparable GAAP measure, represents all premiums that are recognized as revenues during a fiscal period. The difference between written premiums and earned premiums is attributable to the change in unearned premium reserves. A reconciliation of written premiums to earned premiums for the periods presented herein is set forth at page PC-2.
•		The Hartford’s management evaluates profitability of the Personal Lines, Small Commercial, Middle Market and Specialty Commercial underwriting segments primarily on the basis of underwriting results. Underwriting results is a before-tax measure that represents earned premiums less incurred losses, loss adjustment expenses and underwriting expenses. Net income is the most directly comparable GAAP measure. Underwriting results are 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, which seeks to manage exposure to loss through favorable risk selection and diversification, its management of claims, its use of reinsurance and its ability to manage its expense ratio, which it accomplishes through economies of scale and its management of acquisition costs and other underwriting expenses. The Hartford believes that underwriting results provides investors with a valuable measure of before-tax profitability derived from underwriting activities, which are managed separately from the Company’s investing activities. Underwriting results is also presented for Ongoing Operations, Other Operations and total Property & Casualty. A reconciliation of underwriting results to net income for total Property & Casualty, Ongoing Operations and Other Operations is set forth on pages PC-2, PC-3 and PC-11, respectively.
•		A catastrophe is a severe loss, resulting from natural or manmade events, including risks such as fire, earthquake, windstorm, explosion, terrorist attack and similar events. Each catastrophe has unique characteristics. Catastrophes are not predictable as to timing or loss amount in advance, and therefore their effects are not included in earnings or losses and loss adjustment expense reserves prior to occurrence. The Hartford believes that a discussion of the effect of catastrophes is meaningful for investors to understand the variability of periodic earnings.
•		Underwriting results before catastrophes and prior year development is a non-GAAP financial measure because it excludes the effects of catastrophes, prior year development and the reduction in earned premiums relating to retrospectively rated policies. The Company believes that this measure is useful to investors as an additional measure of Property & Casualty’s current operations, because it excludes the effect of items relating to prior periods. Net income is the most directly comparable GAAP measure. A reconciliation of the adjusted underwriting results to underwriting results and net income for the periods presented herein are set forth on page C-2a.

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
BASIS OF PRESENTATION (CONTINUED)

DISCUSSION OF NON-GAAP AND OTHER FINANCIAL MEASURES (CONTINUED)

•		Book value per common share excluding accumulated other comprehensive income (“AOCI”) is calculated based upon a non-GAAP financial measure. It is calculated by dividing (a) common stockholders’ equity, excluding AOCI, net of tax, by (b) common shares outstanding. The Hartford provides book value per common share excluding AOCI to enable investors to analyze the amount of the Company’s net worth that is primarily attributable to the Company’s business operations. The Hartford believes book value per 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 interest rates. Book value per common share is the most directly comparable GAAP measure. A reconciliation of book value per common share to book value per common share, excluding AOCI, for the periods presented herein is set forth at page C-1.
•		Book value per diluted share excluding accumulated other comprehensive income (“AOCI”) is calculated based upon a non-GAAP financial measure. It is calculated by dividing (a) total stockholders’ equity, excluding AOCI, net of tax, by (b) common shares outstanding and dilutive potential common shares. The Hartford provides book value per diluted share excluding AOCI to enable investors to analyze the amount of the Company’s net worth that is primarily attributable to the Company’s business operations. The Hartford believes book value per diluted 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 interest rates. Book value per diluted share is the most directly comparable GAAP measure. A reconciliation of book value per diluted share to book value per diluted share, excluding AOCI, for the periods presented herein is set forth at page C-1.
•		The Hartford provides different measures of the return on common equity (“ROE”) of the Company. ROE (core earnings last twelve months to common equity, excluding AOCI), is calculated based on non-GAAP financial measures. ROE (core earnings last twelve months to common equity, excluding AOCI) is calculated by dividing (a) core earnings for the prior four fiscal quarters by (b) average common stockholders’ equity, excluding AOCI. When calculating ROE, the MCP preferred stock is included in average common stockholders’ equity and MCP preferred dividends are excluded from net loss available to common shareholders and core earnings (losses) available to common shareholders. The Hartford provides to investors return-on-equity measures based on its non-GAAP core earnings financial measures for the reasons set forth in the related discussion above. The Hartford excludes AOCI in the calculation of these return-on-equity measures to provide investors with a measure of how effectively the Company is investing the portion of the Company’s net worth that is primarily attributable to the Company’s business operations. ROE (net income last twelve months to common equity, including AOCI) is the most directly comparable GAAP measure. A reconciliation of the non-GAAP return-on-equity measures for the periods presented herein to ROE (net income last twelve months to common equity, including AOCI) is set forth at page C-9.

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
CONSOLIDATED FINANCIAL RESULTS

																						Year Over
		THREE MONTHS ENDED																				Year				Sequential
		Mar. 31,				Jun. 30,				Sept. 30,				Dec. 31,				Mar. 31,				3 Month				3 Month
		2009				2009				2009				2009				2010				Change				Change
HIGHLIGHTS
Net income (loss)		$	(1,209	)		$	(15	)		$	(220	)		$	557			$	319			NM					(43	%)
Core earnings (losses)		$	(1,175	)		$	622			$	660			$	689			$	545			NM					(21	%)
Total revenues [1]		$	5,394			$	7,637			$	5,230			$	6,440			$	6,319				17	%			(2	%)
Total assets		$	276,168			$	289,700			$	316,720			$	307,717			$	317,282				15	%			3	%
Total assets under management [2]		$	330,187			$	352,074			$	386,996			$	380,834			$	396,353				20	%			4	%
PER SHARE AND SHARES DATA [3]
Basic earnings per common share
Net income (loss) available to common shareholders		$	(3.77	)		$	(0.06	)		$	(0.79	)		$	1.29			$	(0.42	)			89	%		NM
Core earnings (losses) available to common shareholders		$	(3.66	)		$	1.90			$	1.68			$	1.64			$	0.16			NM					(90	%)
Diluted earnings (losses) per common share
Net income (loss) available to common shareholders		$	(3.77	)		$	(0.06	)		$	(0.79	)		$	1.19			$	(0.42	)			89	%		NM
Core earnings (losses) available to common shareholders		$	(3.66	)		$	1.90			$	1.56			$	1.51			$	0.14			NM					(90	%)
Weighted average common shares outstanding (basic)			320.8				325.4				356.1				382.7				393.7			72.9		sh		11.0		sh
Weighted average common shares outstanding and dilutive potential common shares (diluted)			321.5				326.6				382.5				416.2				428.5			107.0		sh		12.3		sh
Common shares outstanding			325.4				326.7				383.0				383.0				443.9			118.5		sh		60.9		sh
Book value per common share		$	24.15			$	32.20			$	37.90			$	38.92			$	38.94				61	%			—
Per common share impact of AOCI		$	(23.98	)		$	(20.24	)		$	(8.40	)		$	(8.64	)		$	(5.35	)			78	%			38	%
Book value per common share (excluding AOCI)		$	48.13			$	52.44			$	46.30			$	47.56			$	44.29				(8	%)			(7	%)
Book value per diluted share										$	34.64			$	35.96			$	35.17
Per diluted share impact of AOCI										$	(7.67	)		$	(7.99	)		$	(4.68	)
Book value per diluted share (excluding AOCI)										$	42.31			$	43.95			$	39.85
Common shares outstanding and dilutive potential common shares											419.1				414.5				507.3
FINANCIAL RATIOS
ROE (net income last 12 months to common stockholder equity including AOCI) [4]			(31.9	%)			(34.2	%)			(17.2	%)			(8.4	%)			0.2	%			32.1				8.6
ROE (core earnings last 12 months to common stockholder equity excluding AOCI) [4]			(6.2	%)			(6.5	%)			(1.0	%)			3.8	%			10.6	%			16.8				6.8
Debt to capitalization, including AOCI			44.0	%			30.3	%			25.1	%			24.6	%			27.8	%			(16.2	)			3.2
Annualized investment yield, after-tax			2.6	%			2.9	%			2.9	%			2.9	%			3.0	%			0.4				0.1
Ongoing Property & Casualty GAAP combined ratio			89.9				93.7				93.0				85.1				91.7				(1.8	)			(6.6	)

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
OPERATING RESULTS BY SEGMENT
(A reconciliation of core earnings (losses) to net income (loss) for each of the segments is set forth on the respective segment pages contained in this supplement.)

																						Year over
		THREE MONTHS ENDED																				Year				Sequential
		Mar. 31,				Jun. 30,				Sept. 30,				Dec. 31,				Mar. 31,				3 Month				3 Month
		2009				2009				2009				2009				2010				Change				Change
LIFE
Global Annuity Division
Global Annuity- U.S.		$	(924	)		$	307			$	313			$	212			$	152			NM					(28	%)
Global Annuity- International [2]			(455	)			142				81				54				73			NM					35	%
Total Global Annuity Division			(1,379	)			449				394				266				225			NM					(15	%)
Retirement			(53	)			11				26				16				37			NM					131	%
Individual Life			—				43				28				30				39			NM					30	%
Group Benefits			66				41				85				79				50				(24	%)			(37	%)
Institutional			(20	)			(5	)			(7	)			(8	)			(7	)			65	%			13	%
Other [1]			5				(46	)			(27	)			2				21			NM				NM
Total Life core earnings (losses) [1][2]			(1,381	)			493				499				385				365			NM					(5	%)
PROPERTY & CASUALTY
Ongoing Operations Underwriting Results
Personal Lines			75				(10	)			(11	)			66				54				(28	%)			(18	%)
Small Commercial			87				74				90				144				83				(5	%)			(42	%)
Middle Market			69				56				61				72				12				(83	%)			(83	%)
Specialty Commercial			23				36				30				81				52				126	%			(36	%)
Total Ongoing Operations underwriting results			254				156				170				363				201				(21	%)			(45	%)
Net servicing income			8				7				10				12				7				(13	%)			(42	%)
Net investment income			185				239				254				265				268				45	%			1	%
Periodic net coupon settlements on credit derivatives, before-tax			(3	)			(4	)			(3	)			(2	)			(2	)			33	%			—
Other expenses [4]			(50	)			(48	)			(47	)			(78	)			(54	)			(8	%)			31	%
Income tax expense [5]			(97	)			(87	)			(106	)			(181	)			(139	)			(43	%)			23	%
Ongoing Operations core earnings			297				263				278				379				281				(5	%)			(26	%)
Other Operations core earnings (losses) [6]			24				(51	)			(32	)			(1	)			23				(4	%)		NM
Total Property & Casualty core earnings			321				212				246				378				304				(5	%)			(20	%)
Total Corporate core losses [1][3]			(115	)			(83	)			(85	)			(74	)			(124	)			(8	%)			(68	%)
CONSOLIDATED
Core earnings (losses)			(1,175	)			622				660				689				545			NM					(21	%)
Add: Net realized capital losses, net of tax and DAC, excluded from core earnings (losses) [7][8]			(34	)			(637	)			(880	)			(132	)			(226	)		NM					(71	%)
Net income (loss)		$	(1,209	)		$	(15	)		$	(220	)		$	557			$	319			NM					(43	%)
PER SHARE DATA [9]
Diluted earnings (losses) per common share
Core earnings (losses) available to common shareholders		$	(3.66	)		$	1.90			$	1.56			$	1.51			$	0.14			NM					(90	%)
Net income (loss) available to common shareholders		$	(3.77	)		$	(0.06	)		$	(0.79	)		$	1.19			$	(0.42	)			89	%		NM

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
ANALYSIS OF OPERATING RESULTS BY SEGMENT
(A reconciliation of core earnings (losses) to net income (loss) for each of the segments is set forth on the respective segment pages contained in this supplement.)

																						Year Over
		THREE MONTHS ENDED																				Year				Sequential
		Mar. 31,				Jun. 30,				Sept. 30,				Dec. 31,				Mar. 31,				3 Month				3 Month
		2009				2009				2009				2009				2010				Change				Change
LIFE
Global Annuity Division
Global Annuity- U.S.		$	65			$	61			$	89			$	122			$	95				46	%			(22	%)
Global Annuity- International [2]			(31	)			32				58				64				51			NM					(20	%)
Total Global Annuity Division			34				93				147				186				146			NM					(22	%)
Retirement			1				11				19				15				36			NM					140	%
Individual Life			26				41				50				33				40				54	%			21	%
Group Benefits			66				41				85				79				50				(24	%)			(37	%)
Institutional			(20	)			(5	)			(6	)			(8	)			(7	)			65	%			13	%
Other [1]			5				(46	)			(27	)			2				21			NM				NM
Total Life core earnings excluding DAC unlock [1][2]			112				135				268				307				286				155	%			(7	%)
DAC Unlock			(1,493	)			358				231				78				79			NM					1	%
Total Life core earnings (losses) [1][2]			(1,381	)			493				499				385				365			NM					(5	%)
PROPERTY & CASUALTY
Ongoing Operations Underwriting Results Before Catastrophes and Prior Year Development:
Personal Lines			127				100				54				34				88				(31	%)			159	%
Small Commercial			98				107				90				108				86				(12	%)			(20	%)
Middle Market			27				42				15				19				11				(59	%)			(42	%)
Specialty Commercial			(1	)			(10	)			(9	)			20				5			NM					(75	%)
Total Ongoing Operations underwriting results before catastrophes and prior year development			251				239				150				181				190				(24	%)			5	%
Catastrophes, excluding prior year development			(65	)			(142	)			(115	)			16				(79	)			(22	%)		NM
Prior year reserve development:
Catastrophe loss and loss adjustment expenses			(5	)			3				9				10				5			NM					(50	%)
Other loss and loss adjustment expenses			73				56				126				156				85				16	%			(46	%)
Total Ongoing Operations underwriting results			254				156				170				363				201				(21	%)			(45	%)
Net servicing income			8				7				10				12				7				(13	%)			(42	%)
Net investment income			185				239				254				265				268				45	%			1	%
Periodic net coupon settlements on credit derivatives, before-tax			(3	)			(4	)			(3	)			(2	)			(2	)			33	%			—
Other expenses [4]			(50	)			(48	)			(47	)			(78	)			(54	)			(8	%)			31	%
Income tax expense [5]			(97	)			(87	)			(106	)			(181	)			(139	)			(43	%)			23	%
Ongoing Operations core earnings			297				263				278				379				281				(5	%)			(26	%)
Other Operations core earnings (losses) [6]			24				(51	)			(32	)			(1	)			23				(4	%)		NM
Total Property & Casualty core earnings			321				212				246				378				304				(5	%)			(20	%)
CORPORATE
Total Corporate core losses [1][3]			(115	)			(83	)			(85	)			(74	)			(124	)			(8	%)			(68	%)
CONSOLIDATED
Core earnings (losses)			(1,175	)			622				660				689				545			NM					(21	%)
Add: Net realized capital losses, net of tax and DAC, excluded from core earnings (losses) [7][8]			(34	)			(637	)			(880	)			(132	)			(226	)		NM					(71	%)
Net income (loss)		$	(1,209	)		$	(15	)		$	(220	)		$	557			$	319			NM					(43	%)

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
CONSOLIDATING STATEMENTS OF OPERATIONS
THREE MONTHS ENDED MARCH 31, 2009 AND 2010

		LIFE												PROPERTY & CASUALTY												CORPORATE												CONSOLIDATED
		2009				2010				Change				2009				2010				Change				2009				2010				Change				2009				2010				Change
Earned premiums		$	1,318			$	1,107				(16	%)		$	2,511			$	2,420				(4	%)		$	—			$	—				—			$	3,829			$	3,527				(8	%)
Fee income			1,164				1,186				2	%			—				—				—				3				3				—				1,167				1,189				2	%
Net investment income:
Securities available-for-sale and other			689				744				8	%			225				309				37	%			6				7				17	%			920				1,060				15	%
Equity securities, trading [1]			(724	)			701			NM					—				—				—				—				—				—				(724	)			701			NM
Total net investment income			(35	)			1,445			NM					225				309				37	%			6				7				17	%			196				1,761			NM
Realized capital gains (losses):
Total other-than-temporary impairment (“OTTI”) losses			(185	)			(320	)			(73	%)			(36	)			(20	)			44	%			(3	)			—				100	%			(224	)			(340	)			(52	%)
OTTI losses recognized in other comprehensive income			—				182			NM					—				6			NM					—				—				—				—				188			NM
Net OTTI losses recognized in earnings			(185	)			(138	)			25	%			(36	)			(14	)			61	%			(3	)			—				100	%			(224	)			(152	)			32	%
Net realized capital gains (losses), excluding OTTI losses recognized in earnings			550				(98	)		NM					(287	)			(26	)			91	%			45				—				(100	%)			308				(124	)		NM
Total net realized capital gains (losses)			365				(236	)		NM					(323	)			(40	)			88	%			42				—				(100	%)			84				(276	)		NM
Other revenues			—				—				—				118				118				—				—				—				—				118				118				—
Total revenues			2,812				3,502				25	%			2,531				2,807				11	%			51				10				(80	%)			5,394				6,319				17	%
Benefits, losses and loss adjustment expenses			3,059				1,583				(48	%)			1,578				1,550				(2	%)			—				—				—				4,637				3,133				(32	%)
Benefits, losses and loss adjustment expenses — returns credited on International variable annuities [1]			(724	)			701			NM					—				—				—				—				—				—				(724	)			701			NM
Amortization of deferred policy acquisition costs and present value of future profits			1,736				143				(92	%)			523				508				(3	%)			—				—				—				2,259				651				(71	%)
Insurance operating costs and expenses			737				750				2	%			161				169				5	%			—				—				—				898				919				2	%
Interest expense			—				—				—				—				—				—				120				120				—				120				120				—
Goodwill impairment			—				—				—				—				—				—				32				—				(100	%)			32				—				(100	%)
Other expenses			15				16				7	%			159				164				3	%			15				80			NM					189				260				38	%
Total benefits and expenses			4,823				3,193				(34	%)			2,421				2,391				(1	%)			167				200				20	%			7,411				5,784				(22	%)
Income (loss) before income taxes			(2,011	)			309			NM					110				416			NM					(116	)			(190	)			(64	%)			(2,017	)			535			NM
Income tax expense (benefit)			(753	)			123			NM					(2	)			159			NM					(53	)			(66	)			(25	%)			(808	)			216			NM
Net income (loss)			(1,258	)			186			NM					112				257				129	%			(63	)			(124	)			(97	%)			(1,209	)			319			NM
Less: Net realized capital gains (losses), net of tax and DAC, excluded from core earnings (losses) [2]			123				(179	)		NM					(209	)			(47	)			78	%			52				—				(100	%)			(34	)			(226	)		NM
Core earnings (losses)		$	(1,381	)		$	365			NM				$	321			$	304				(5	%)		$	(115	)		$	(124	)			(8	%)		$	(1,175	)		$	545			NM