The Hartford (HIG) announces its initial pre-tax loss estimate for Sandy to be about $350M, net...


The Hartford (HIG) announces its initial pre-tax loss estimate for Sandy to be about $350M, net of reinsurance. Through Nov. 30, Q4 net losses are about $230M, after tax. The loss is significantly less than that estimated by AIG, Travelers, and Allstate, but presumably Hartford's P&C exposure is far smaller than those firms. (PR)

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