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6 pts

Opinion on  The Hartford Financial Services Group Inc. (HIG)     Sector: Financial  >  Industry: Insurance (Prop. & Casualty)
Fundamentals look wobbly!

May 16, 2008 10:37 AM GMT
Return Risk
-4.41% HIGH
Analyst

Losses on P&C business should increase in line with recessionary trends in the US, especially on their "main street" business.  Life profits are driven by VAs, for which they should be hammered on increased DAC amortization and falling asset management fees.  Overall, margins will be squeezed by the 2008 US recession....


HIG:  This call was made on 05/16/08 @ $70.27
Rating:   Negative   $70.27 (05/16/08)
Gain/Loss:   +65.72% in 541 days


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