Complete Report On Hartford Financial Services Group Inc (NYSE:HIG)

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Dallas, Texas 12/27/2013 (FINANCIALSTRENDS) – With efficient capital management and enough capacity to boost its operational efficiency it seems that Hartford Financial Services Group Inc (NYSE:HIG) is ready to conquer the financial services market. The third quarter earnings of the company surpassed all the estimates and projections. The only drawback was its deterioration of financial position due to lower investment income. Another cause of the concern is the challenging regulatory environment. There are many trading houses and investment firms which are keeping a neutral rating on this stock.

As per most of the analysts the company is trying to expand its US operations and want to concentrate more towards US markets. The main reason for this is the improvement in the US economy.

Overview of the company

Hartford Financial Services Group Inc (NYSE:HIG) was founded in 1810 and is headquartered in Conn. It is considered as one of the largest investment companies and multi-line insurance provider. Company also provides different investment products, group life and group disability insurance, mutual funds, property and casualty insurance to its consumers.

Hartford financial services group Inc. also sells many innovative products and has multiple distribution channels across the country. The company has managed to achieve cost efficiencies through economies of scale and with reliable technology. The company holds very trusted brand name and is famous for its Hartford Stag logo. It is considered as one of the most recognized logos in the financial system industry. The fourth quarter of 2012 witnessed a change in its reporting segments. The mutual fund segment of the company provides retail mutual funds and along with it also provides college savings product design and oversight.

The company also has defined a separate category called as corporate category and it includes debt financing and other interest expense products. Hartford financial also relies heavily on the dividends from its different insurance companies and some other subsidiaries.

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