The Hartford reported Tuesday third quarter income of $666 million, up from a loss of $220 million one year ago. Earnings were $710 million, or $1.43 per diluted share; in 2009, third quarter earnings were $660 million.
Income is up from $76 million in the second quarter of 2010.
"The Hartford delivered strong financial performance this quarter," Liam McGee, chairman, president and CEO, said in a statement. "These results were achieved through solid execution, including disciplined underwriting performance, improved investment results and growth in assets under management."
He noted that the commercial property and casualty lines are "competitive" and in response to slow economic growth, the company is "focused on execution."
"We are making good progress implementing our strategy and are well positioned for when the economy begins to expand," he said.
