8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): July 30, 2014

THE HARTFORD FINANCIAL SERVICES GROUP, INC.

(Exact name of registrant as specified in its charter)

Delaware	001-13958	13-3317783
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)
The Hartford Financial Services Group, Inc. One Hartford Plaza Hartford, Connecticut		06155
(Address of Principal Executive Offices)		(Zip Code)

Registrant’s telephone number, including area code: (860) 547-5000

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 2.02 Results of Operations and Financial Condition

On July 30, 2014, The Hartford Financial Services Group, Inc. (the "Company") issued (i) a press release announcing its financial results for the quarterly period ended June 30, 2014, and (ii) its Investor Financial Supplement (“IFS”) relating to its financial results for the quarterly period ended June 30, 2014. Copies of the press release and the IFS are furnished herewith as Exhibits 99.1 and 99.2, respectively, and are incorporated herein by reference.

 Item 7.01 Regulation FD Disclosure.

On July 30, 2014, the Company’s board of directors declared a quarterly dividend of $0.18 per share of common stock, payable on October 1, 2014, to shareholders of record at the close of business on September 2, 2014.

The information furnished pursuant to this Item 2.02, including Exhibits 99.1 and 99.2, and Item 7.01 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities under that Section and shall not be deemed to be incorporated by reference into any filing of the Company under the Securities Act of 1933 or the Exchange Act.

Item 9.01 Financial Statements and Exhibits

Exhibit No.
99.1	Press Release of The Hartford Financial Services Group, Inc. dated July 30, 2014
99.2	Investor Financial Supplement of The Hartford Financial Services Group, Inc. for the quarterly period ended June 30, 2014

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date:	July 30, 2014	By:	/s/ Scott R. Lewis
		Name:	Scott R. Lewis
		Title:	Senior Vice President and Controller

EX-99.1

NEWS RELEASE

The Hartford Reports Second Quarter 2014 Financial Results And Expansion Of 2014-2015 Capital Management Plan

• Second quarter 2014 core earnings* of $144 million, or $0.31 per diluted share

• Net loss of $467 million, or $1.00 per diluted share, due to $617 million loss on sale of Japan annuity business

• Standard Commercial renewal written pricing increases remained strong at 6%

• P&C combined ratio, before catastrophes and prior year development*, of 90.9 improved 0.9 point from second quarter 2013

• Prior year unfavorable loss reserve development of $164 million, after-tax, or $0.35 per diluted share, for asbestos and environmental loss reserves

• 2014-2015 capital management plan expanded by additional $1.275 billion, consisting of $775 million for equity repurchases and $500 million for debt reduction

• Increased quarterly common dividend by 20% to $0.18 per share; $351 million in equity repurchases in the quarter

HARTFORD, Conn., July 30, 2014 – The Hartford (NYSE:HIG) reported core earnings of $144 million for the three months ended June 30, 2014 (second quarter 2014), down 38% from $231 million in second quarter 2013. Core earnings declined as the increase in core earnings from Property & Casualty (P&C) Commercial, Group Benefits and Mutual Funds was more than offset by higher prior year loss and loss adjustment expense reserve development (PYD) for asbestos and environmental (A&E) compared with second quarter 2013. Second quarter 2014 core earnings per diluted share were $0.31, a 34% decrease from $0.47 in second quarter 2013 due to the decline in core earnings, which was slightly offset by the accretive impact of equity repurchases over the past 12 months.

Second quarter 2014 net loss totaled $467 million, or $1.00 per diluted share, compared with a second quarter 2013 net loss of $190 million, or $0.39 per diluted share. Second quarter 2014 net loss includes $617 million of loss on discontinued operations, after-tax, from the sale of the company's Japan annuity business. As a result of the sale, the financial results of this business have been reclassified as discontinued operations for all periods presented.

*Denotes financial measure not calculated in accordance with generally accepted accounting principles (non-GAAP).

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"This quarter marks a significant milestone in The Hartford's transformation," said The Hartford’s CEO Christopher J. Swift. “With the completion of the sale of the Japan annuity business, we have significantly reduced the size and risk of Talcott Resolution and expanded our 2014-2015 capital management plan, including a 20% increase in the quarterly common dividend. Going forward, we will continue to emphasize profitable growth in P&C, Group Benefits and Mutual Funds and improved operating effectiveness and efficiency."

"Although asbestos and environmental prior year development and elevated weather losses impacted The Hartford's second quarter results, the underlying business trends reflect the continued improvement in our operating fundamentals," said The Hartford's President Doug Elliot. "The P&C business delivered 3% written premium growth and both the P&C and Group Benefits businesses delivered continued underlying margin improvement, and we are pleased that Standard Commercial pricing remains strong and ahead of loss cost trends."

CONSOLIDATED FINANCIAL RESULTS

($ in millions except per share data)	Three Months Ended
	June 30, 2014	June 30, 2013	Change2
Core earnings (loss):
P&C Commercial	$213	$198	8%
Consumer Markets	$(27)	$15	NM
P&C Other Operations	$(146)	$(73)	(100)%
Property & Casualty (Combined)	$40	$140	(71)%
Group Benefits	$52	$37	41%
Mutual Funds	$21	$20	5%
Sub-total	$113	$197	(43)%
Talcott Resolution	$101	$103	(2)%
Corporate	$(70)	$(69)	(1)%
Core earnings	$144	$231	(38)%
Net income (loss)	$(467)	$(190)	(146)%
Net income (loss) available to common shareholders per diluted share1	$(1.00)	$(0.39)	(156)%
Weighted average diluted common shares outstanding	467.9	489.0	(4)%
Core earnings available to common shareholders per diluted share1	$0.31	$0.47	(34)%

[1] Includes dilutive potential common shares

[2] The Hartford defines increases or decreases greater than or equal to 200%, or changes from a net gain to a net loss position, or vice versa, as "NM" or not meaningful

Second quarter2014 financial results included the following items that had an adverse $178 million, after-tax, or $0.38 per diluted share, impact on both net income and core earnings. This compares with unfavorable items in second quarter 2013 that decreased net income and core earnings by a total of $95 million, after-tax, or $0.19 per diluted share:

• Catastrophe losses of $127 million, after-tax, in second quarter 2014 were $7 million, after-tax, or $0.01 per diluted share, higher than the company's $120 million, after-tax, outlook.

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Second quarter 2013 catastrophe losses of $121 million, after-tax, were in-line with the company's outlook;

• Unfavorable PYD for A&E reserves of $164 million, after-tax, or $0.35 per diluted share, in second quarter 2014 compared with $91 million, after-tax, or $0.19 per diluted share, in second quarter 2013; and

• Excluding A&E, P&C (Combined) unfavorable PYD of $7 million, after-tax, or $0.01 per diluted share, compared with second quarter 2013 unfavorable PYD of $4 million, after-tax, or $0.01 per diluted share, which included unfavorable PYD of $52 million, after-tax, due to the closing of the New York Fund for Reopened Cases (NY25A) in 2013.

Sale of Japan Annuity Business and Expansion of 2014-2015 Capital Management Plan

The Hartford also announced today a $1.275 billion increase in its existing $2.656 billion 2014-2015 capital management program to a total of $3.931 billion. In addition, the board of directors has declared a quarterly common dividend of $0.18 per share, a 20% increase, payable Oct. 1, 2014 to shareholders of record as of Sept. 2, 2014.

"We were pleased to close the sale of the Japan business," said The Hartford's CFO Beth Bombara. "The improved risk profile and additional financial flexibility from this transaction allow us to expand our capital management plan for 2014-2015 which will support our goal of creating shareholder value by increasing ROE and growing book value per share."

The $1.275 billion expansion includes a $775 million increase in the $2.0 billion equity share repurchase program to a total of $2.775 billion. As part of this increase, the company has executed a $525 million accelerated share repurchase plan that will be completed by year-end 2014. In addition, $500 million of the $1.275 billion expansion will be utilized for debt reduction, including any premium paid or transaction costs.

PROPERTY & CASUALTY (COMBINED)

Second Quarter2014 Highlights:

• Written premiums grew 3% over second quarter 2013 with growth in P&C Commercial and Consumer Markets

• Combined ratio, before catastrophes and PYD, of 90.9, a 0.9 point improvement over second quarter 2013

• Core earnings of $40 million compared with $140 million in second quarter 2013 primarily due to higher A&E PYD in the P&C Other segment

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PROPERTY & CASUALTY (COMBINED)
($ in millions)	Three Months Ended
	June 30, 2014	June 30, 2013	Change
Written premiums	$2,574	$2,501	3%
Underwriting loss*	$(216)	$(132)	64%
PYD, before tax	$249	$146	71%
Current accident year catastrophe losses, before tax	$196	$186	5%
Expense ratio	28.3	28.5	0.2
Combined ratio	108.6	105.4	(3.2)
Combined ratio before catastrophes and PYD*	90.9	91.8	0.9
Investment income	$292	$338	(14)%
Core earnings	$40	$140	(71)%
Net income	$25	$136	(82)%

Second quarter2014 written premiums increased 3% over the prior year period, comprised of 2% growth in P&C Commercial and 4% growth in Consumer Markets.

Second quarter2014 underwriting loss was $216 million versus an underwriting loss of $132 million in second quarter 2013. The increase in the underwriting loss was driven by higher PYD related to A&E in the P&C Other segment and higher underwriting losses in Consumer Markets, partially offset by improved underwriting gains in P&C Commercial.

Catastrophe losses totaled $196 million, before tax, in second quarter 2014, modestly higher than the company's outlook of $185 million and a $10 million increase from second quarter 2013 catastrophe losses of $186 million.

Unfavorable PYD totaled $249 million, before tax, in second quarter 2014, compared with unfavorable PYD of $146 million, before tax, in second quarter 2013. Both periods included PYD for the company's annual A&E loss reserve review, which totaled $239 million, before tax, in second quarter 2014 and $140 million, before tax, in second quarter 2013. Excluding the A&E PYD in the P&C Other segment, second quarter 2014 unfavorable PYD was $10 million, before tax, compared with $6 million, before tax, in second quarter 2013. Second quarter 2013 PYD included $80 million, before tax, for NY25A.

The second quarter 2014 P&C (Combined) combined ratio, before catastrophes and PYD, improved 0.9 point to 90.9 compared with 91.8 in second quarter 2013. This improvement reflects improved underwriting results in P&C Commercial, partially offset by Consumer Markets.

Second quarter2014 P&C (Combined) core earnings were $40 million, a decrease of 71% from $140 million in second quarter 2013, largely due to A&E PYD and lower net investment income. Second quarter 2014 net income was $25 million compared with $136 million in second quarter 2013. Net realized capital losses not included in core earnings were $15 million, after-tax, in second quarter 2014, compared with net realized capital losses not included in core earnings of $2 million, after-tax, in second quarter 2013.

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P&C COMMERCIAL

Second Quarter2014 Highlights:

• Standard Commercial renewal written pricing increases of 6% remained ahead of loss cost trends

• Written premiums grew 2% over second quarter 2013, driven by growth of 6% in Small Commercial and 3% in Middle Market

• Combined ratio, before catastrophes and PYD, improved 2.0 points over second quarter 2013 to 91.1

P&C COMMERCIAL
($ in millions)	Three Months Ended
	June 30, 2014	June 30, 2013	Change
Written premiums	$1,571	$1,533	2%
Underwriting gain	$91	$25	NM
Combined ratio	94.2	98.4	4.2
Combined ratio before catastrophes and PYD	91.1	93.1	2.0
Small Commercial	85.4	87.6	2.2
Middle Market	95.1	95.2	0.1
Specialty Commercial	101.3	105.7	4.4
Standard Commercial renewal written pricing increases	6%	7%	(1.0)

Second quarter 2014 written premiums in P&C Commercial grew 2% to $1,571 million from $1,533 million in second quarter2013, comprised of 6% growth in Small Commercial, 3% growth in Middle Market and an 11% decline in Specialty Commercial. Written premium growth resulted from the combination of renewal pricing increases and higher retention in both Small Commercial and Middle Market as well as stronger Small Commercial new business production. Specialty Commercial written premiums declined due to the 33% reduction in Programs that resulted from underwriting initiatives including the decision to exit transportation programs in 2013. Excluding Programs, Specialty Commercial written premiums grew 4% due to 7% growth in National Accounts.

Renewal written pricing increases in second quarter 2014 for Standard Commercial, which is comprised of Small Commercial and Middle Market, were 6% and remain above increases in loss costs. Renewal written pricing increases averaged 6% in both Small Commercial and Middle Market and reflect rate increases in all lines of business.

Improved policy count retention also contributed to written premium growth. Small Commercial retention was 84% in second quarter2014, a 4 point improvement from 80% in second quarter2013. Middle Market policy count retention for second quarter2014 was 80%, up 1 point from 79% in second quarter2013.

New business premium for Small Commercial increased 12% over second quarter 2013 to $140 million, while Middle Market new business premium declined 3% to $112 million from second quarter2013.

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P&C Commercial underwriting gain rose to $91 million in second quarter2014 from $25 million in second quarter2013 due to improved current accident year results as well as lower unfavorable PYD and catastrophe losses. Second quarter 2014 combined ratio, which includes catastrophes and PYD, improved 4.2 points to 94.2 over second quarter 2013. Second quarter 2014 combined ratio, before catastrophes and PYD, improved by 2.0 points to 91.1 points from 93.1 points in second quarter 2013.

Second quarter2014 catastrophe losses decreased to $35 million, before tax, compared with $44 million, before tax, in second quarter2013. Second quarter 2014 unfavorable PYD improved to $12 million, before tax, in second quarter 2014 compared with unfavorable PYD of $37 million, before tax, in second quarter 2013, which included unfavorable PYD of $80 million, before tax, for NY25A.

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CONSUMER MARKETS

Second Quarter2014 Highlights:

• Written premiums rose 4% over second quarter2013

• New business premium increased 9% year over year

• Combined ratio, before catastrophes and PYD, increased to 89.6 from 88.9 in second quarter2013 due to higher hail-related frequency and fire severity

CONSUMER MARKETS
($ in millions)	Three Months Ended
	June 30, 2014	June 30, 2013	Change
Written premiums	$1,003	$967	4%
Underwriting loss	$(60)	$(9)	NM
Combined ratio	106.3	101.0	(5.3)
Combined ratio before catastrophes and PYD	89.6	88.9	(0.7)

Second quarter2014 written premiums in Consumer Markets rose 4% from second quarter2013 as a result of new business premium growth, stable policy retention and continued renewal written pricing increases. New business premium in second quarter 2014 totaled $138 million, 9% higher than second quarter2013 new business premium of $127 million due to auto new business growth in the AARP Agency and Other Agency channels. Second quarter2014 premium retention for both auto and homeowners remained strong at 88% and 92%, respectively. Renewal written price increases in second quarter 2014 averaged 5% in auto and 8% in homeowners, compared with 5% and 7%, respectively, in second quarter2013.

Consumer Markets underwriting loss increased to $60 million in second quarter2014 compared with an underwriting loss of $9 million in second quarter2013 due to higher catastrophes and less favorable PYD. Second quarter 2014 combined ratio was 106.3, 5.3 points above second quarter 2013 combined ratio of 101.0. Current accident year catastrophe losses totaled $161 million, before tax, in second quarter 2014 compared to $142 million, before tax, in second quarter 2013. Favorable PYD in second quarter 2014 totaled $3 million, before tax, compared with favorable PYD of $32 million, before tax, in second quarter 2013.

Before catastrophes and PYD, second quarter2014 combined ratio was 89.6, up 0.7 point from 88.9 in second quarter 2013 due to a higher current accident year loss ratio, partially offset by a lower expense ratio. The second quarter 2014 current accident year loss ratio of 66.5 rose 2.1 points from 64.4 in second quarter 2013, primarily due to higher loss cost trends driven by higher frequency of hail-related claims in auto and homeowners and higher severity from fire losses in homeowners.

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P&C OTHER OPERATIONS

Second quarter2014underwriting loss increased to$247 millioncompared with a loss of$148 millioninsecond quarter2013.Second quarter2014 results included unfavorablePYD of$240 million, before tax, whilesecond quarter2013 had unfavorable PYD of$141 million, before tax. The increase in unfavorable PYD was due to the impact of the annual A&E reserve review.

Asbestos PYD rose to$212million, before tax, in second quarter 2014 compared with$130million, before tax, in second quarter 2013. The increase in estimated PYD reflectsa higher than previously estimated number of mesothelioma claim filings and an increase in costs associated with asbestos litigation. The company also experienced unfavorable development on certain assumed reinsurance accounts driven by a variety of account-specific factors.

Environmental PYD increased to $27 million, before tax, in second quarter 2014 compared with $10 million, before tax, in second quarter 2013 due to an increase in estimates for certain individual account exposures based upon unfavorable litigation results and increased clean up and expense costs.

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GROUP BENEFITS

Second Quarter2014 Highlights:

• Fully insured premiums declined 1% from second quarter 2013 when adjusted for the planned reduction of premiums from a third party marketing relationship in the Association-Financial Institutions (FI) block of business

• Core earnings of $52 million rose 41% over second quarter 2013

• After-tax core earnings margin improved to 6.0% versus 3.9% in second quarter 2013

GROUP BENEFITS
($ in millions)	Three Months Ended
	June 30, 2014	June 30, 2013	Change
Fully insured premiums¹	$761	$822	(7)%
Loss ratio	77.3%	75.7%	(1.6)
Expense ratio	26.0%	30.6%	4.6
Core earnings²	$52	$37	41%
After-tax core earnings margin	6.0%	3.9%	2.1

[1] Fully insured ongoing premiums excludes buyout premiums and premium equivalents

[2] Included $0 million and $1 million from the FI block of business in the three months ended June 30, 2014 and June 30, 2013, respectively

Second quarter2014 Group Benefits core earnings totaled $52 million, a 41% increase from $37 million in second quarter 2013, reflecting improved group life experience, excluding FI, slightly offset by less favorable disability experience. Net income in second quarter 2014 totaled $55 million, down from $61 million in second quarter 2013, reflecting lower net realized capital gains excluded from core earnings of $3 million, after-tax, in second quarter 2014 compared with $24 million, after-tax, in second quarter 2013.

The loss ratio of 77.3% in second quarter 2014 increased from 75.7% in second quarter 2013 primarily due to the change in business mix driven by the planned reduction in the FI block of business, which generates a lower loss ratio but higher expense ratio than the ongoing business. The increase in the loss ratio was also driven by lower long-term disability claim recoveries in second quarter 2014 compared to the prior year period. Excluding FI, the total loss ratio improved 2.8 points to 77.5% from 80.3% in second quarter 2013, reflecting favorable life mortality, partially offset by less favorable disability results. The after-tax core earnings margin rose to 6.0% from 3.9% in second quarter 2013, reflecting the life loss ratio improvement, excluding FI.

In second quarter 2014, fully insured ongoing premiums were $761 million, down 7% from second quarter 2013. The reduction in premiums was primarily due to the continued planned reduction of FI, which is expected to be completed by year-end 2014. Excluding this block of business, fully insured Group Benefits premiums declined 1% from second quarter 2013.

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MUTUAL FUNDS

Second Quarter2014 Highlights:

• Retail and retirement mutual fund (Mutual Funds) net flows improved significantly, despite the $709 million liquidation of the company's target date funds

•Core earnings of $21 million rose 5% from second quarter2013

• Total Mutual Funds assets under management (AUM) at June 30, 2014, rose 17% to $74.3 billion from June 30, 2013

MUTUAL FUNDS
($ in millions)	Three Months Ended
	June 30, 2014	June 30, 2013	Change
Net income	$21	$20	5%
Core earnings	$21	$20	5%
Total Mutual Funds sales	$3,910	$3,726	5%
Total Mutual Funds net flows	$(438)	$(2,939)	NM
Total Mutual Funds AUM	$74,330	$63,608	17%
Annuity AUM	$24,529	$25,901	(5)%
Total AUM	$98,859	$89,509	10%

Second quarter2014 Mutual Funds net outflows totaled $438 million compared with net outflows of $2,939 million in second quarter 2013. Excluding the $709 million liquidation of targetdate funds, Mutual Funds net flows would have been positive for the second consecutive quarter, driven primarily by an improvement in total redemptions. Mutual Funds sales totaled $3.9 billion in second quarter 2014, up 5% from second quarter 2013, due to higher global equity sales.

Core earnings and net income for the Mutual Funds segment both rose 5% to $21 million in second quarter 2014 compared with $20 million in second quarter 2013. Core earnings and net income grew as a result of increased revenue from higher average AUM reflecting improved net flows and higher equity capital market levels. Core earnings for Mutual Funds increased, partially offset by lower core earnings from annuity mutual funds (Annuity) that are associated with the company's run-off U.S. variable annuity (VA) block.

Total AUM rose 10% to $98.9 billion at June 30, 2014, from $89.5 billion at June 30, 2013 due to 17% growth in Mutual Funds AUM during that time period, partially offset by a 5% decline in Annuity AUM, reflecting the run-off of that block of business.

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TALCOTT RESOLUTION

Second Quarter2014 Highlights:

• Sold Japan annuity business for $963 million during second quarter 2014, which resulted in a $617 million, after-tax, loss on discontinued operations

• U.S. VA contract counts declined 3% and U.S. fixed annuity contract counts declined 7% from March 31, 2014

TALCOTT RESOLUTION
($ in millions)	Three Months Ended
	June 30, 2014	June 30, 2013	Change
Core earnings	$101	$103	(2)%
Net loss	$(504)	$(332)	NM
U.S. VA contract count	721	839	(14)%
U.S. VA account value	$58,350	$62,579	(7)%

[1] Full surrender rate represents full contract liquidation; excludes partial withdrawals and lump sum elections at annuitization

Talcott Resolution second quarter 2014 core earnings were $101 million, a 2% decrease from second quarter 2013 due to lower U.S. VA fee income and income from limited partnerships and other alternative investments (LPs), partially offset by lower costs for contractholder initiatives compared with second quarter 2013. During the quarter, expenses for the U.S. fixed annuity Increased Surrender Value program and the newly launched U.S. VA Enhanced Surrender Value program (ESV) totaled $6 million and $2 million, after-tax and DAC, respectively, compared with costs for the 2013 ESV program in second quarter 2013 that totaled $23 million, after-tax and DAC.

Net loss for Talcott Resolution in second quarter 2014 totaled $504 million compared with a net loss of $332 million in second quarter 2013. Loss from discontinued operations totaled $617 million, after-tax, in second quarter 2014, reflecting the sale of the Japan annuity business, compared to a loss on discontinued operations of $421 million, after-tax, in second quarter 2013, which included net realized capital losses on the company's Japan VA hedge program, as well as the loss on the sale of the U.K. VA business. By either terminating or offsetting open derivative positions, the Japan VA hedge program was effectively terminated as a result of the sale of that business on June 30, 2014.

Primarily as a result of surrender activity, U.S. VA and fixed annuity contract counts as of June 30, 2014, declined 3% and 7%, respectively, from March 31, 2014. In second quarter 2014, the U.S. VA annualized full surrender rate was 13.9%, including 2.1 points related to the 2014 ESV program, compared with 17.5% in second quarter 2013, which included 3.9 points from the 2013 ESV program.

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CORPORATE

Second quarter2014Corporate core losses totaled$70 million, versus core losses of$69 millioninsecond quarter2013. The Corporate net loss totaled$64 million insecond quarter2014compared with a net loss of$75 millioninsecond quarter2013.

Core losses increased slightly in second quarter 2014 due to higher operating expenses that were offset by lower interest expense as a result of debt repayments during 2013 and 2014. Interest expense decreased from $100 million, before tax, in second quarter 2013 to $94 million, before tax, in second quarter 2014.

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INVESTMENTS

Second Quarter2014 Highlights:

• Annualized investment yield, excluding LPs, before tax, was 4.1%, down from 4.2% in second quarter 2013

• Annualized investment yield on LPs, before tax, was 7.4%, down from 12.6% in second quarter 2013

• Net impairment losses, including mortgage loan loss reserves, totaled $10 million, before tax

INVESTMENTS
($ in millions)	Three Months Ended
Amounts presented before tax	June 30, 2014		June 30, 2013		Change
Net investment income	$768		$841		(9	)%
Net impairment losses, including mortgage loan loss reserves	$(10)		$(12)		17	%
Annualized investment yield1	4.3	%	4.6	%	(0.3	)
Annualized investment yield on limited partnership and other alternative investments	7.4	%	12.6	%	(5.2	)
Annualized investment yield, excluding limited partnerships and other alternative investments	4.1	%	4.2	%	(0.1	)

[1] Yields, before tax, 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, and repurchase agreement collateral.

Second quarter 2014 net investment income totaled $768 million, before tax, a 9% decrease from second quarter 2013. The decrease in net investment income compared with second quarter 2013 was largely due to lower income from LPs, a reduced level of invested assets, primarily in Talcott Resolution, and lower income from repurchase agreements.

Annualized investment yield, before tax, including income on LPs, declined to 4.3% in second quarter 2014, down from 4.6% in second quarter 2013 due primarily to lower income from LPs. LPs generated net investment income of $53 million, before tax, for an annualized return of 7.4% in second quarter 2014 compared with $95 million, before tax, or 12.6%, in second quarter 2013.

Second quarter 2014 annualized investment yield, before tax, excluding LPs, decreased to 4.1%, compared with 4.2% in second quarter 2013. The reduction in annualized investment yield from second quarter 2013 was primarily due to reduced income from repurchase agreements.

The credit performance of the company's general account assets remained strong. Net impairment losses in second quarter 2014, including the change in mortgage loan loss reserves, totaled $10 million, before tax, compared with $12 million, before tax, in second quarter 2013.

The carrying value of total invested assets, excluding equity securities, trading, was $76.2 billion as of June 30, 2014 compared with $78.7 billion at Dec. 31, 2013. The decline in assets is largely due to the sale of the Japan annuity business.

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STOCKHOLDERS’ EQUITY

Second Quarter2014 Highlights:

• Stockholders' equity of $19.4 billion grew $0.5 billion, or 3%, compared with Dec. 31, 2013

• Book value per diluted share, excluding accumulated other comprehensive income (AOCI)*, of $39.21, declined slightly compared with Dec. 31, 2013 due to loss on sale of Japan annuity business

• Repurchased 10.2 million common shares in second quarter 2014, contributing to 2% reduction in outstanding and dilutive potential common shares

($ in millions)	As of
	June 30, 2014	Dec. 31, 2013	Change
Stockholders' equity	$19,428	$18,905	3%
Stockholders' equity (ex. AOCI)	$18,266	$18,984	(4)%
Book value per diluted share	$41.70	$39.14	7%
Book value per diluted share (ex. AOCI)*	$39.21	$39.30	—%
Weighted average common shares outstanding	450.6	451.1	—%
Weighted average diluted common shares outstanding	467.9	486.1	(4)%

The Hartford’s stockholders’ equity was $19.4 billion as of June 30, 2014, an increase of $0.5 billion, or 3%, from $18.9 billion as of Dec. 31, 2013, primarily due to the impact of lower interest rates and tighter credit spreads at June 30, 2014 on AOCI. June 30, 2014 shareholders' equity includes the impact of first half share repurchases totaling $651 million and common dividends paid of $134 million.

Book value per diluted common share was $41.70 as of June 30, 2014, an increase of 7% compared with $39.14 as of Dec. 31, 2013. Excluding AOCI, book value per diluted common share was down slightly to $39.21 as of June 30, 2014, compared with $39.30 as of Dec. 31, 2013.

During second quarter 2014, the company repurchased 10.2 million common shares for $351 million, which contributed to the reduction in outstanding and dilutive potential common shares from 475.8 million at March 31, 2014 to 465.9 million at June 30, 2014.

Under the capital management plan announced in February 2014 and expanded today, the company has $2.775 billion of equity repurchase authorization through Dec. 31, 2015. As of July 29, 2014, the company has repurchased equity totaling approximately $791 million under this program, including $651 million in the first half of 2014 and $140 million since July 1, 2014.

CONFERENCE CALL

The Hartford will discuss itssecond quarter2014financial results in a webcast on Thursday, July 31, 2014 at 11 a.m. EDT. The webcast can be accessed live or as a replay through the investor relations section of The Hartford's website at http://ir.thehartford.com.

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More detailed financial information can be found in The Hartford's Quarterly Report on Form 10-Q, the Investor Financial Supplement for June 30, 2014 and the Second Quarter 2014 Financial Results Presentation, which includes the company's outlook for third quarter 2014 financial results, all of which are available at http://ir.thehartford.com.

ABOUT THE HARTFORD

With more than 200 years of expertise, The Hartford (NYSE:HIG) is a leader in property and casualty insurance, group benefits and mutual funds. The company is widely recognized for its service excellence, sustainability practices, trust and integrity. More information on the company and its financial performance is available at www.thehartford.com.

From time to time, The Hartford may use its website to disseminate material company information. Financial and other important information regarding The Hartford is routinely accessible through and posted on our website at http://ir.thehartford.com. In addition, you may automatically receive email alerts and other information about The Hartford when you enroll your email address by visiting the “Email Alerts” section at http://ir.thehartford.com.

HIG-F

Media Contacts                    Investor Contacts

Shannon Lapierre                    Sabra Purtill, CFA

860-547-5624                        860-547-8691

shannon.lapierre@thehartford.com            sabra.purtill@thehartford.com

Thomas Hambrick                    Sean Rourke

860-547-9746                        860-547-5688

thomas.hambrick@thehartford.com            sean.rourke@thehartford.com

15

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
CONSOLIDATING INCOME STATEMENTS
($ in millions)
	Three Months Ended June 30, 2014
	Property & Casualty			Group Benefits		Mutual Funds		Talcott Resolution			Corporate			Consolidated
Earned premiums	$	2,505		$	761	$	—	$	53		$	—		$	3,319
Fee income	—			16		183		299			4			502
Net investment income	292			95		—		376			5			768
Other revenues	31			—		—		—			—			31
Net realized capital gains (losses)	(25		)	6		—		1			14			(4		)
Total revenues	2,803			878		183		729			23			4,616
Benefits, losses, and loss adjustment expenses	2,008			601		—		414			—			3,023
Amortization of deferred policy acquisition costs	316			7		7		42			—			372
Insurance operating costs and other expenses	465			195		144		145			20			969
Interest expense	—			—		—		—			94			94
Restructuring and other costs	—			—		—		—			8			8
Total benefits and expenses	2,789			803		151		601			122			4,466
Income (loss) from continuing operations, before income taxes	14			75		32		128			(99		)	150
Income tax expense (benefit)	(11		)	20		11		15			(35		)	—
Income (loss) from continuing operations, after tax	25			55		21		113			(64		)	150
Loss from discontinued operations, after-tax	—			—		—		(617		)	—			(617		)
Net income (loss)	25			55		21		(504		)	(64		)	(467		)
Less: Unlock benefit, after-tax	—			—		—		15			—			15
Less: Restructuring and other costs, after-tax	—			—		—		—			(5		)	(5		)
Less: Loss from discontinued operations, after-tax	—			—		—		(617		)	—			(617		)
Less: Net realized capital gains (losses), after-tax and DAC, excluded from core earnings	(15		)	3		—		(3		)	11			(4		)
Core earnings (losses)	$	40		$	52	$	21	$	101		$	(70	)	$	144

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THE HARTFORD FINANCIAL SERVICES GROUP, INC.
CONSOLIDATING INCOME STATEMENTS
($ in millions)
	Three Months Ended June 30, 2013
	Property & Casualty			Group Benefits		Mutual Funds			Talcott Resolution			Corporate			Consolidated
Earned premiums	$	2,453		$	823	$	—		$	18		$	—		$	3,294
Fee income	—			15		165			331			2			513
Net investment income	338			100		—			403			—			841
Other revenues	65			—		—			—			—			65
Net realized capital gains (losses)	(7		)	37		—			(19		)	10			21
Total revenues	2,849			975		165			733			12			4,734
Benefits, losses, and loss adjustment expenses	1,883			635		—			404			—			2,922
Amortization of deferred policy acquisition costs	309			8		10			64			—			391
Insurance operating costs and other expenses	492			248		123			188			14			1,065
Interest expense	—			—		—			—			100			100
Restructuring and other costs	—			—		1			(1		)	19			19
Total benefits and expenses	2,684			891		134			655			133			4,497
Income (loss) from continuing operations before income taxes	165			84		31			78			(121		)	237
Income tax expense (benefit)	27			23		11			(11		)	(46		)	4
Income (loss) from continuing operations, after tax	138			61		20			89			(75		)	233
Loss from discontinued operations, after-tax	(2		)	—		—			(421		)	—			(423		)
Net income (loss)	136			61		20			(332		)	(75		)	(190		)
Less: Unlock charge, after-tax	—			—		—			(9		)	—			(9		)
Less: Restructuring and other costs, after-tax	—			—		(1		)	1			(12		)	(12		)
Less: Loss from discontinued operations, after-tax	(2		)	—		—			(421		)	—			(423		)
Less: Net reinsurance gain on dispositions, after-tax	—			—		—			1			—			1
Less: Net realized capital gains (losses) and other, after-tax and DAC, excluded from core earnings	(2		)	24		1			(7		)	6			22
Core earnings (losses)	$	140		$	37	$	20		$	103		$	(69	)	$	231

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THE HARTFORD FINANCIAL SERVICES GROUP, INC.
RESULTS BY SEGMENT
($ in millions, except per share data)
	Three Months Ended
	June 30, 2014			June 30, 2013			Change
Core earnings (losses):
P&C Commercial	$	213		$	198		8%
Consumer Markets	(27		)	15			NM
P&C Other Operations	(146		)	(73		)	100%
Property & Casualty Combined	40			140			(71)%
Group Benefits	52			37			41%
Mutual Funds	21			20			5%
Sub-total	113			197			(43)%
Talcott Resolution	101			103			(2)%
Corporate	(70		)	(69		)	1%
CONSOLIDATED CORE EARNINGS	144			231			(38)%
Add: Unlock benefit (charge), after-tax	15			(9		)	NM
Add: Restructuring and other costs, after-tax	(5		)	(12		)	(58)%
Add: Loss from discontinued operations, after-tax	(617		)	(423		)	46%
Add: Net reinsurance loss on dispositions, after-tax	—			1			(100)%
Add: Net realized capital gains (losses), after-tax and DAC, excluded from core earnings	(4		)	22			(118)%
Net loss	$	(467	)	$	(190	)	146%
PER SHARE DATA
Diluted earnings (losses) per common share
Core earnings available to common shareholders	$	0.31		$	0.47		(34)%
Less: Difference arising from shares used for the denominator between net loss and core earnings	—			(0.01		)	(100)%
Add: Unlock benefit (charge), after-tax	0.03			(0.02		)	NM
Add: Restructuring and other costs, after-tax	(0.01		)	(0.02		)	(50)%
Add: Loss from discontinued operations, after-tax	(1.32		)	(0.87		)	52%
Add: Net realized capital gains (losses), after-tax and DAC, excluded from core earnings	(0.01		)	0.04			NM
Net loss available to common shareholders	$	(1.00	)	$	(0.39	)	156%

NM: The Hartford defines increases or decreases greater than or equal to 200% or changes from a net

gain to a net loss position, or vice versa, as “NM” or “not meaningful.”

DISCUSSION OF NON-GAAP FINANCIAL MEASURES

The Hartford uses non-GAAP financial measures in this press release 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 financial measures to those of other companies. Definitions and calculations of other financial measures used in this press release can be found below and in The Hartford's Investor Financial Supplement for second quarter2014, which is available on The Hartford's website, http://ir.thehartford.com.

Book valueper diluted common share excluding accumulated other comprehensive income ("AOCI”): Book value per diluted common share excluding AOCI is a non-GAAP financial measure based on a GAAP financial measure. It is calculated by dividing (a) common stockholders' equity excluding AOCI, after-tax, by (b)common shares outstanding and dilutive potential common shares. The Hartford provides book value per diluted common share excluding AOCI to enable investors to analyze the company’s stockholders’ equity excluding the effect of changes in the value of the company’s investment portfolio and other assets due to interest rates, currency and other factors. The Hartford believesbook value per diluted 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 market value. Book value per diluted common share is the most directly comparable GAAP measure. A reconciliation of book value per diluted common share, including AOCI to book value per diluted common share, excluding AOCI is set forth below.

	As of
	June 30, 2014	Dec. 31, 2013	Change
Book value per diluted common share, including AOCI	$41.70	$39.14	7%
Less: Per diluted share impact of AOCI	$2.49	$(0.16)	NM
Book value per diluted common share, excluding AOCI	$39.21	$39.30	—%

Combined ratio before catastrophes and prior year development: Combined ratio before catastrophes and prior year development (PYD) is a non-GAAP financial measure. Combined ratio is the most directly comparable GAAP measure. The combined ratio is the sum of the loss and loss adjustment expense ratio, the expense ratio and the policyholder dividend ratio. This ratio measures the cost of losses and expenses for every $100 of earned premiums. A combined ratio below 100 demonstrates a positive underwriting result. A combined ratio above 100 indicates a negative underwriting result. The combined ratio before catastrophes and PYD represents the combined ratio for the current accident year, excluding the impact of current accident year catastrophes. The company believes this ratio is an important measure of the trend in profitability since it removes the impact of volatile and unpredictable catastrophe losses and prior accident year loss and loss adjustment expense reserve. A reconciliation of the combined ratio to the combined ratio before catastrophes and PYD is provided in the table below.

19

	Three Months Ended
	June 30, 2014	June 30, 2013
P&C Commercial
Combined ratio	94.2	98.4
Catastrophe and non-catastrophe PYD	3.0	5.2
Combined ratio, excl. catastrophes and PYD	91.1	93.1
Consumer Markets
Combined ratio	106.3	101.0
Catastrophe and non-catastrophe PYD	16.7	12.1
Combined ratio, excl. catastrophes and PYD	89.6	88.9

Core Earnings: The Hartford uses thenon-GAAP 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 including the net effect of certain realized capital gains and losses, discontinued operations, loss on extinguishment of debt, gains and losses on business disposition transactions, certain restructuring charges and the impact of Unlocks to deferred policy acquisition costs ("DAC"), sales inducement assets ("SIA"), unearned revenue reserves ("URR") and death and other insurance benefit reserve balances. 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 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. Net income (loss) is the most directly comparable U.S. GAAP measure. Core earnings should not be considered as a substitute for net income (loss) and does not reflect the overall profitability of the company’s business. Therefore, the Hartford believes that it is useful for investors to evaluate both net income (loss) and core earnings when reviewing the company’s performance.

A reconciliation of core earnings to net income (loss) for the quarterly periods ended June 30, 2014 and 2013, is included in this press release. A reconciliation of core earnings to net income (loss) for individual reporting segments can be found in this press release under the heading "The Hartford Financial Services Group, Inc. Consolidating Income Statements" and in The Hartford's Investor Financial Supplement for the quarter ended June 30, 2014.

20

Core earnings available to common shareholders per diluted share: Core earnings available to common shareholders per diluted share is calculated based on the non-GAAP financial measure core earnings. It is calculated by dividing (a) core earnings, by (b) diluted common shares outstanding. The Hartford believes that the measure core earnings available to common shareholders per diluted share provides investors with a valuable measure of the company's operating performance for the same reasons applicable to its underlying measure, core earnings. Net income (loss) per diluted common share is the most directly comparable GAAP measure. Core earnings available to common shareholders per diluted share should not be considered as a substitute for net income (loss) per diluted share and does not reflect the overall profitability of the company's business.

Therefore, The Hartford believes that it is useful for investors to evaluate both net income (loss)per diluted share and core earnings available to common shareholders per diluted share when reviewing the company's performance. A reconciliation of core earnings available to common shareholders per diluted share to net income (loss) per diluted common share for thequarterly periods ended June 30, 2014 and 2013 is included in this press release under the heading “The Hartford Financial Services Group, Inc. Results By Segment.”

Underwriting gain (loss): The Hartford's management evaluates profitability of the P&C Commercial and Consumer Markets segments primarily on the basis of underwriting gain or loss. Underwriting gain (loss) is a before-tax measure that represents earned premiums less incurred losses, loss adjustment expenses and underwriting expenses. Net income (loss) is the most directly comparable GAAP measure. Underwriting gain (loss) is 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, as management strives to manage exposure to loss through favorable risk selection and diversification, effective management of claims, use of reinsurance and its ability to manage its expenses. The Hartford believes that the measure underwriting gain (loss) provides investors with a valuable measure of profitability, before tax, derived from underwriting activities, which are managed separately from the company's investing activities. A reconciliation of underwriting results to net income for thequarterly periods ended June 30, 2014 and 2013,is set forth below.

21

	Three Months Ended
	June 30, 2014	June 30, 2013
P&C Commercial
Net income	$199	$192
Less: Net realized capital losses	(24)	(7)
Add: Income tax expense	77	63
Less: Net servicing income	6	7
Less: Other expenses	(27)	(30)
Less: Net investment income	230	262
Less: Loss from discontinued operations	—	(2)
Underwriting gain	$91	$25
Consumer Markets
Net income (loss)	$(30)	$15
Less: Net realized capital losses	(3)	(3)
Add: Income tax expense	(20)	2
Less: Net servicing income	—	6
Less: Other expenses	(18)	(16)
Less: Net investment income	31	39
Underwriting gain	$(60)	$(9)

SAFE HARBOR STATEMENT

Some of the statements in this release should be considered forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as “anticipates,”“intends,”“plans,”“seeks,”“believes,”“estimates,”“expects,”“projects” and similar references to the future. Examples of forward-looking statements include, but are not limited to, statements the company makes regarding future results of operations. The Hartford cautions investors that these forward-looking statements are not guarantees of future performance, and actual results may differ materially. Investors should consider the important risks and uncertainties that may cause actual results to differ. These important risks and uncertainties include: challenges related to the company's current operating environment, including global political, economic and market conditions, and the effect of financial market disruptions, economic downturns or other potentially adverse macroeconomic developments on the attractiveness of our products, the returns in our investment portfolios and the hedging costs associated with our variable annuities business; the risks, challenges and uncertainties associated with the strategic realignment of our business to focus on our property and casualty, group benefits and mutual fund businesses; the risks, challenges and uncertainties associated with our capital management plan, expense reduction initiatives and other actions, which may include acquisitions, divestitures or restructurings; execution risk related to the continued reinvestment of our investment portfolios and refinement of our hedge program for our run-off annuity block; market risks associated with our business, including changes in interest rates, credit spreads, equity prices, market volatility and foreign exchange rates, and implied volatility levels, as well as continuing uncertainty in key sectors such as the global real estate market; the possibility of unfavorable loss development including with respect to long-tailed exposures; the possibility of a pandemic, earthquake, or other natural or man-made disaster that may adversely affect our businesses; weather and other natural physical events, including the severity and frequency of storms, hail, winter storms, hurricanes

22

and tropical storms, as well as climate change and its potential impact on weather patterns; risk associated with the use of analytical models in making decisions in key areas such as underwriting, capital, hedging, reserving, and catastrophe risk management; the uncertain effects of emerging claim and coverage issues; the company's ability to effectively price its property and casualty policies, including its ability to obtain regulatory consents to pricing actions or to non-renewal or withdrawal of certain product lines; the impact on our statutory capital of various factors, including many that are outside the company's control, which can in turn affect our credit and financial strength ratings, cost of capital, regulatory compliance and other aspects of our business and results; risks to our business, financial position, prospects and results associated with negative rating actions or downgrades in the company's financial strength and credit ratings or negative rating actions or downgrades relating to our investments; the impact on our investment portfolio if our investment portfolio is concentrated in any particular segment of the economy; volatility in our statutory and U.S. GAAP earnings and potential material changes to our results resulting from our adjustment of our risk management program to emphasize protection of economic value; the potential for differing interpretations of the methodologies, estimations and assumptions that underlie the valuation of the company's financial instruments that could result in changes to investment valuations; the subjective determinations that underlie the company's evaluation of other-than-temporary impairments on available-for-sale securities; losses due to nonperformance or defaults by others, including reinsurers, sourcing partners, derivative counterparties and other third parties; the potential for further acceleration of deferred policy acquisition cost amortization; the potential for further impairments of our goodwill or the potential for changes in valuation allowances against deferred tax assets; the possible occurrence of terrorist attacks and the company's ability to contain its exposure, including the effect of the absence or insufficiency of applicable terrorism legislation on coverage; the difficulty in predicting the company's potential exposure for asbestos and environmental claims; the response of reinsurance companies under reinsurance contracts and the availability, pricing and adequacy of reinsurance to protect the company against losses; actions by our competitors, many of which are larger or have greater financial resources than we do; the company's ability to distribute its products through distribution channels, both current and future; the cost and other effects of increased regulation as a result of the implementation of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, and the potential effect of other domestic and foreign regulatory developments, including those that could adversely impact the demand for the company's products, operating costs and required capital levels; unfavorable judicial or legislative developments; regulatory limitations on the ability of the company and certain of its subsidiaries to declare and pay dividends; the company's ability to maintain the availability of its systems and safeguard the security of its data in the event of a disaster, cyber or other information security incident or other unanticipated event; the risk that our framework for managing operational risks may not be effective in mitigating material risk and loss to the company; the potential for difficulties arising from outsourcing and similar third-party relationships; the impact of changes in federal or state tax laws; regulatory requirements that could delay, deter or prevent a takeover attempt that shareholders might consider in their best interests; the impact of potential changes in accounting principles and related financial reporting requirements; the company's ability to protect its intellectual property and defend against claims of infringement; and other factors described in such forward-looking statements or in The Hartford's 2013 Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and other filings The Hartford makes with the Securities and Exchange Commission.

23

Any forward-looking statement made by the company in this release speaks only as of the date of this release. Factors or events that could cause the company's actual results to differ may emerge from time to time, and it is not possible for the company to predict all of them. The company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise.

24

EX-99.2

INVESTOR FINANCIAL SUPPLEMENT

June 30, 2014

THE HARTFORD FINANCIAL SERVICES GROUP, INC.

	As of July 23, 2014
Address:
One Hartford Plaza		A.M. Best	Fitch¹	Standard & Poor’s	Moody’s
Hartford, CT 06155	Insurance Financial Strength Ratings:
	Hartford Fire Insurance Company	A	A+	A	A2
	Hartford Life and Accident Insurance Company	A	A	A	A3
	Hartford Life Insurance Company	A-	BBB+	BBB+	Baa2
Internet address:	Hartford Life and Annuity Insurance Company	A-	BBB+	BBB+	Baa2
http://www.thehartford.com
	Other Ratings:
	The Hartford Financial Services Group, Inc.:
	Senior debt	bbb+	BBB	BBB	Baa3
Contacts:	Commercial paper	AMB-2	F2	A-2	P-3
Sabra Purtill
Senior Vice President	¹ On July 28, 2014 Fitch Ratings announced it plans to withdraw the ratings on Hartford Financial Services, Group, Inc. and its
Investor Relations	subsidiaries on or about August 28, 2014, for commercial reasons.
Phone (860) 547-8691
Sean Rourke	TRANSFER AGENT
Assistant Vice President	Shareholder correspondence should be mailed to:	Overnight correspondence should be mailed to:
Investor Relations	Computershare	Computershare
Phone (860) 547-5688	P.O. Box 30170	211 Quality Circle, Suite 210
	College Station, TX 77842-3170	College Station, TX 77845
	Phone (877) 272-7740

COMMON STOCK

Common stock and warrants of The Hartford Financial Services Group, Inc. are traded on the New York Stock Exchange under the symbols “HIG” and "HIG/WS", respectively.

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, without limitation, 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

CONSOLIDATED	Consolidated Financial Results	1
	Operating Results by Segment	2
	Consolidated Statements of Operations	3
	Consolidating Balance Sheets	4
	Capital Structure	5
	Statutory Capital and Surplus to GAAP Stockholders’ Equity Reconciliation	6
	Accumulated Other Comprehensive Income (Loss)	7
	Deferred Policy Acquisition Costs and Present Value of Future Profits	8
PROPERTY & CASUALTY	Property & Casualty Combined Income Statements	9
	Property & Casualty Combined Underwriting Ratios	10
	P&C Commercial Underwriting Results	11
	P&C Commercial Underwriting Ratios	12
	P&C Commercial Supplemental Data	13
	Consumer Markets Underwriting Results	14
	Consumer Markets Underwriting Ratios	15
	Consumer Markets Supplemental Data	16
	P&C Other Operations Underwriting Results	17
GROUP BENEFITS	Income Statements	18
	Supplemental Data	19
MUTUAL FUNDS	Income Statements	20
	Asset Value Rollforward - Assets Under Management By Distribution Channel	21
	Asset Value Rollforward - Assets Under Management By Asset Class	22
TALCOTT RESOLUTION	Financial Highlights	23
	U.S. Annuity Supplemental Data	24
	U.S. Annuity Account Value Rollforward	25
CORPORATE	Income Statements	26
INVESTMENTS	Investment Earnings Before Tax - Consolidated	27
	Investment Earnings Before Tax - Property & Casualty Combined	28
	Net Investment Income by Segment	29
	Components of Net Realized Capital Gains (Losses)	30
	Composition of Invested Assets	31
	Invested Asset Exposures	32
APPENDIX	Basis of Presentation and Definitions	33
	Discussion of Non-GAAP and Other Financial Measures	33

THE HARTFORD FINANCIAL SERVICES GROUP, INC.

CONSOLIDATED FINANCIAL RESULTS

	THREE MONTHS ENDED																		SIX MONTHS ENDED
	Jun 30 2014			Mar 31 2014			Dec 31 2013			Sept 30 2013			Jun 30 2013			Mar 31 2013			Jun 30 2014			Jun 30 2013
HIGHLIGHTS
Net income (loss)	$	(467	)	$	495		$	314		$	293		$	(190	)	$	(241	)	$	28		$	(431	)
Core earnings	$	144		$	501		$	382		$	416		$	231		$	390		$	645		$	621
Total revenues	$	4,616		$	4,612		$	4,777		$	4,862		$	4,734		$	6,300		$	9,228		$	11,034
Total assets	$	254,713		$	272,923		$	277,884		$	283,947		$	294,833		$	297,021
PER SHARE AND SHARES DATA
Basic earnings (losses) per common share
Net income (loss) available to common shareholders	$	(1.04	)	$	1.10		$	0.70		$	0.65		$	(0.42	)	$	(0.58	)	$	0.06		$	(0.99	)
Core earnings available to common shareholders	$	0.32		$	1.11		$	0.85		$	0.92		$	0.51		$	0.87		$	1.43		$	1.38
Diluted earnings (losses) per common share [1]
Net income (loss) available to common shareholders	$	(1.00	)	$	1.03		$	0.65		$	0.60		$	(0.39	)	$	(0.49	)	$	0.06		$	(0.87	)
Core earnings available to common shareholders	$	0.31		$	1.05		$	0.79		$	0.85		$	0.47		$	0.79		$	1.36		$	1.26
Weighted average common shares outstanding (basic)	450.6			449.8			451.1			452.1			451.4			436.3			450.2			443.8
Dilutive effect of stock compensation	6.3			6.2			5.1			4.6			4.2			3.9			6.2			4.0
Dilutive effect of warrants	11.0			22.6			29.9			33.9			33.4			31.7			16.9			32.6
Weighted average common shares outstanding and dilutive potential common shares (diluted), before assumed conversion of preferred shares	467.9			478.6			486.1			490.6			489.0			471.9			473.3			480.4
Weighted average common shares outstanding and dilutive potential common shares (diluted) and assumed conversion of preferred shares [2]	467.9			478.6			486.1			490.6			489.0			493.1			473.3			492.8
Common shares outstanding	450.8			452.5			453.3			448.5			453.9			435.3			450.8			453.9
Book value per common share	$	43.10		$	43.70		$	41.71		$	42.20		$	41.89		$	46.78
Per common share impact of accumulated other comprehensive income [3]	$	2.58		$	1.46		$	(0.17	)	$	(0.04	)	$	0.16		$	3.79
Book value per common share (excluding AOCI)	$	40.52		$	42.24		$	41.88		$	42.24		$	41.73		$	42.99
Book value per diluted share	$	41.70		$	41.56		$	39.14		$	38.87		$	38.59		$	42.43
Per diluted share impact of AOCI	$	2.49		$	1.39		$	(0.16	)	$	(0.04	)	$	0.15		$	3.34
Book value per diluted share (excluding AOCI)	$	39.21		$	40.17		$	39.30		$	38.91		$	38.44		$	39.09
Common shares outstanding and dilutive potential common shares	465.9			475.8			483.0			486.9			492.7			493.0
FINANCIAL RATIOS
ROE (net income (loss) last 12 months to stockholders' equity including AOCI)	3.3		%	4.5		%	0.9		%	(0.9		)%	(2.3		)%	(1.8		)%
ROE (core earnings last 12 months to stockholders' equity excluding AOCI)	7.8		%	8.0		%	7.4		%	6.4		%	6.1		%	5.9		%
Debt to capitalization, including AOCI	23.9		%	24.3		%	25.7		%	25.0		%	25.8		%	23.2		%
Annualized investment yield, after-tax	3.0		%	3.2		%	3.1		%	3.0		%	3.1		%	3.0		%	3.1		%	3.1		%

[1] Weighted average common shares outstanding and dilutive potential common shares (diluted) are used in the calculation of diluted earnings (losses) per common share in periods of losses when the impact is dilutive to income from continuing operations, net of tax, available to common shareholders.

[2] Includes the dilutive effect of the assumed conversion of preferred shares of 21.2 million shares and 12.4 million shares, respectively, for the three months ended March 31, 2013 and the six months ended June 30, 2013. The preferred shares converted to 21.2 million common shares in April 2013.

[3] Accumulated other comprehensive income ("AOCI") represents after-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.

THE HARTFORD FINANCIAL SERVICES GROUP, INC.

OPERATING RESULTS BY SEGMENT

	THREE MONTHS ENDED																		SIX MONTHS ENDED
	Jun 30 2014			Mar 31 2014			Dec 31 2013			Sept 30 2013			Jun 30 2013			Mar 31 2013			Jun 30 2014			Jun 30 2013
Core earnings (losses):
P&C Commercial	$	213		$	264		$	229		$	176		$	198		$	224		$	477		$	422
Consumer Markets	(27		)	101			49			68			15			73			74			88
P&C Other Operations	(146		)	21			22			19			(73		)	21			(125		)	(52		)
Property & Casualty Combined	$	40		$	386		$	300		$	263		$	140		$	318		$	426		$	458
Group Benefits	52			45			55			36			37			30			97			67
Mutual Funds	21			21			20			18			20			20			42			40
Sub-total	113			452			375			317			197			368			565			565
Talcott Resolution	101			112			99			115			103			95			213			198
Corporate	(70		)	(63		)	(92		)	(16		)	(69		)	(73		)	(133		)	(142		)
CONSOLIDATED CORE EARNINGS	$	144		$	501		$	382		$	416		$	231		$	390		$	645		$	621
Add: Unlock benefit (charge), after-tax [1]	$	15		$	12		$	1		$	(104	)	$	(9	)	$	3		$	27		$	(6	)
Add: Restructuring and other costs, after-tax	(5		)	(13		)	(10		)	(10		)	(12		)	(12		)	(18		)	(24		)
Add: Income (loss) from discontinued operations, after-tax	(617		)	29			(70		)	(72		)	(423		)	(484		)	(588		)	(907		)
Add: Loss on extinguishment of debt, after-tax	—			—			—			—			—			(138		)	—			(138		)
Add: Net reinsurance gain (loss) on dispositions, after-tax	—			—			—			—			1			(25		)	—			(24		)
Add: Net realized capital gains (losses), after-tax and DAC, excluded from core earnings	(4		)	(34		)	11			63			22			25			(38		)	47
Net income (loss)	$	(467	)	$	495		$	314		$	293		$	(190	)	$	(241	)	$	28		$	(431	)

THE HARTFORD FINANCIAL SERVICES GROUP, INC.

CONSOLIDATED STATEMENTS OF OPERATIONS

	THREE MONTHS ENDED																		SIX MONTHS ENDED
	Jun 30 2014			Mar 31 2014			Dec 31 2013			Sept 30 2013			Jun 30 2013			Mar 31 2013			Jun 30 2014			Jun 30 2013
Earned premiums	$	3,319		$	3,302		$	3,346		$	3,338		$	3,294		$	3,253		$	6,621		$	6,547
Fee income	502			496			544			538			513			510			998			1,023
Net investment income	768			824			811			787			841			825			1,592			1,666
Realized capital gains (losses):
Total other-than-temporary impairment (“OTTI”) losses	(8		)	(23		)	(15		)	(28		)	(17		)	(33		)	(31		)	(50		)
OTTI losses recognized in other comprehensive income	1			1			1			2			5			12			2			17
Net OTTI losses recognized in earnings	(7		)	(22		)	(14		)	(26		)	(12		)	(21		)	(29		)	(33		)
Net realized capital gains on business dispositions [1]	—			—			—			—			1			1,574			—			1,575
Other net realized capital gains (losses)	3			(13		)	16			157			32			91			(10		)	123
Total net realized capital gains (losses)	(4		)	(35		)	2			131			21			1,644			(39		)	1,665
Other revenues	31			25			74			68			65			68			56			133
Total revenues	4,616			4,612			4,777			4,862			4,734			6,300			9,228			11,034
Benefits, losses and loss adjustment expenses	3,023			2,576			2,703			2,764			2,922			2,659			5,599			5,581
Amortization of DAC	372			396			380			594			391			429			768			820
Insurance operating costs and other expenses	977			936			1,116			964			1,084			1,012			1,913			2,096
Loss on extinguishment of debt	—			—			—			—			—			213			—			213
Reinsurance loss on dispositions [1]	—			—			—			—			—			1,574			—			1,574
Interest expense	94			95			96			94			100			107			189			207
Total benefits, losses and expenses	4,466			4,003			4,295			4,416			4,497			5,994			8,469			10,491
Income from continuing operations before income taxes	150			609			482			446			237			306			759			543
Income tax expense	—			143			98			81			4			63			143			67
Income from continuing operations, after-tax	150			466			384			365			233			243			616			476
Income (loss) from discontinued operations, after-tax [2]	(617		)	29			(70		)	(72		)	(423		)	(484		)	(588		)	(907		)
Net income (loss)	$	(467	)	$	495		$	314		$	293		$	(190	)	$	(241	)	$	28		$	(431	)

[1]All amounts pertain to the sales of the Retirement Plans and Individual Life businesses.

[2]For further information related to the discontinued operations of the Japan and U.K. annuity businesses, refer to Talcott Resolution Financial Highlights on page 23.

THE HARTFORD FINANCIAL SERVICES GROUP, INC.

CONSOLIDATING BALANCE SHEETS

	LIFE [1]				PROPERTY & CASUALTY [1]				CORPORATE [1]						CONSOLIDATED
	Jun 30 2014		Dec 31 2013		Jun 30 2014		Dec 31 2013		Jun 30 2014			Dec 31 2013			Jun 30 2014		Dec 31 2013
Investments
Fixed maturities, available-for-sale, at fair value	$	34,089	$	36,608	$	25,343	$	24,684	$	814		$	1,065		$	60,246	$	62,357
Fixed maturities, at fair value using the fair value option	354		824		56		20		—			—			410		844
Equity securities, trading, at fair value	12		19,745		—		—		—			—			12		19,745
Equity securities, available-for-sale, at fair value	434		450		256		292		133			126			823		868
Mortgage loans	4,048		4,172		1,538		1,426		—			—			5,586		5,598
Policy loans, at outstanding balance	1,420		1,420		—		—		—			—			1,420		1,420
Limited partnerships and other alternative investments	1,319		1,447		1,583		1,593		—			—			2,902		3,040
Other investments	207		383		108		121		14			17			329		521
Short-term investments	2,741		2,211		1,299		984		471			813			4,511		4,008
Total investments	$	44,624	$	67,260	$	30,183	$	29,120	$	1,432		$	2,021		$	76,239	$	98,401
Cash	1,330		1,237		178		189		4			2			1,512		1,428
Premiums receivable and agents’ balances	262		279		3,305		3,186		—			—			3,567		3,465
Reinsurance recoverables	20,114		20,595		2,835		2,735		—			—			22,949		23,330
DAC	1,454		1,612		572		549		—			—			2,026		2,161
Deferred income taxes	1,114		1,642		418		818		1,504			1,380			3,036		3,840
Goodwill	149		149		119		119		230			230			498		498
Property and equipment, net	174		247		624		621		9			9			807		877
Other assets	1,254		1,703		1,047		1,090		255			205			2,556		2,998
Separate account assets [2]	141,523		140,886		—		—		—			—			141,523		140,886
Total assets	$	211,998	$	235,610	$	39,281	$	38,427	$	3,434		$	3,847		$	254,713	$	277,884
Future policy benefits, unpaid losses and loss adjustment expenses	19,641		19,669		22,041		21,704		—			—			$	41,682	$	41,373
Other policyholder funds and benefits payable	33,475		39,029		—		—		—			—			33,475		39,029
Other policyholder funds and benefits payable— International variable annuities	—		19,734		—		—		—			—			—		19,734
Unearned premiums	156		177		5,192		5,049		—			(1		)	5,348		5,225
Debt	143		238		—		—		5,965			6,306			6,108		6,544
Other liabilities	3,315		3,006		1,371		1,550		2,463			1,632			7,149		6,188
Separate account liabilities	141,523		140,886		—		—		—			—			141,523		140,886
Total liabilities	$	198,253	$	222,739	$	28,604	$	28,303	$	8,428		$	7,937		$	235,285	$	258,979
Common equity, excluding AOCI	12,274		12,053		9,711		9,721		(3,719		)	(2,790		)	18,266		18,984
AOCI, after-tax	1,471		818		966		403		(1,275		)	(1,300		)	1,162		(79		)
Total stockholders’ equity	13,745		12,871		10,677		10,124		(4,994		)	(4,090		)	19,428		18,905
Total liabilities and equity	$	211,998	$	235,610	$	39,281	$	38,427	$	3,434		$	3,847		$	254,713	$	277,884

[1] For a description of Life, Property & Casualty and Corporate, refer to the Appendix - Basis of Presentation and Definitions.

[2] Excludes Mutual Funds assets under management ("AUM") owned by the shareholders of those funds and not by the Company.

THE HARTFORD FINANCIAL SERVICES GROUP, INC.

CAPITAL STRUCTURE

	Jun 30 2014			Mar 31 2014			Dec 31 2013			Sept 30 2013			Jun 30 2013			Mar 31 2013
DEBT
Short-term debt	$	289		$	532		$	438		$	200		$	520		$	520
Senior notes	4,719			4,718			5,006			5,006			5,005			4,707
Junior subordinated debentures	1,100			1,100			1,100			1,100			1,100			1,100
Total debt	$	6,108		$	6,350		$	6,544		$	6,306		$	6,625		$	6,327
STOCKHOLDERS’ EQUITY
Common stockholders' equity, excluding AOCI	$	18,266		$	19,115		$	18,984		$	18,945		$	18,939		$	18,715
Preferred stock	—			—			—			—			—			556
AOCI	1,162			659			(79		)	(17		)	74			1,649
Total stockholders’ equity	$	19,428		$	19,774		$	18,905		$	18,928		$	19,013		$	20,920
CAPITALIZATION
Total capitalization, including AOCI, after tax	$	25,536		$	26,124		$	25,449		$	25,234		$	25,638		$	27,247
Total capitalization, excluding AOCI, after tax	$	24,374		$	25,465		$	25,528		$	25,251		$	25,564		$	25,598
DEBT TO CAPITALIZATION RATIOS
Total debt to capitalization, including AOCI	23.9		%	24.3		%	25.7		%	25.0		%	25.8		%	23.2		%
Total debt to capitalization, excluding AOCI	25.1		%	24.9		%	25.6		%	25.0		%	25.9		%	24.7		%
Total rating agency adjusted debt to capitalization [1] [2]	26.5		%	26.9		%	28.4		%	28.5		%	29.3		%	26.6		%

[1] The leverage calculation reflects adjustments related to the Company’s defined benefit plans unfunded pension liability and the Company's rental expense on operating leases for total adjustments of $1.3 billion, $1.3 billion, $1.4 billion, $1.6 billion, and $1.6 billion for the three months ended June 30, 2014, March 31, 2014, December 31, 2013, September 30, 2013, and June 30, 2013, respectively.

[2] Reflects 25% equity credit for the junior subordinated debentures. Reflects 100% equity credit for preferred stock which converted to common equity on April 1, 2013.

THE HARTFORD FINANCIAL SERVICES GROUP, INC.

STATUTORY CAPITAL AND SURPLUS TO GAAP STOCKHOLDERS’ EQUITY RECONCILIATION

	Jun 30 2014			[3]	Dec 31 2013			[3]
U.S. statutory net income (loss)
Property & Casualty [1]	$	547			$	1,217
Life [1] [2]	$	(333	)		$	2,144
U.S. statutory capital and surplus - Property & Casualty	$	8,069			$	8,022
U.S. GAAP adjustments:
DAC	572				549
Benefit reserves	(47		)		(48		)
Unrealized gains on investments, after tax	920				313
Goodwill	119				119
Non-admitted assets	932				973
Other, net	112				196
U.S. GAAP stockholders’ equity - Property & Casualty	$	10,677			$	10,124
U.S. statutory capital and surplus - Life	$	7,011			$	6,639
U.S. GAAP adjustments:
DAC	1,454				1,612
Deferred taxes	(46		)		573
Benefit reserves	939				(20		)
Unrealized gains on investments, after tax	2,249				937
Asset valuation reserve and interest maintenance reserve	855				787
Goodwill	149				149
Other, net	(136		)		136
Investment in foreign and non-insurance subsidiaries [4]	1,270				2,058
U.S. GAAP stockholders’ equity - Life	$	13,745			$	12,871

[1] For a description of Property & Casualty and Life, refer to the Appendix - Basis of Presentation and Definitions on page 33.

[2] Statutory net income (loss) does not include capital gains and losses on the mark to market effects of hedging programs that may be accounted for as realized capital gains (losses) under U.S. GAAP.

[3] Statutory net income (loss) is for the six months ended June 30, 2014 and the year ended December 31, 2013.

[4] Decrease since December 31, 2013 primarily due to the sale of Hartford Life KK in June 2014.

THE HARTFORD FINANCIAL SERVICES GROUP, INC.

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

	THREE MONTHS ENDED
	Jun 30 2014			Mar 31 2014			Dec 31 2013			Sept 30 2013			Jun 30 2013			Mar 31 2013
Fixed maturities net unrealized gain	$	2,226		$	1,663		$	975		$	976		$	1,141		$	2,484
Equities net unrealized gain	29			23			12			12			21			45
OTTI losses recognized in AOCI	(7		)	(10		)	(12		)	(20		)	(23		)	(32		)
Net deferred gain on cash flow hedging instruments	141			121			108			167			188			320
Total net unrealized gain	$	2,389		$	1,797		$	1,083		$	1,135		$	1,327		$	2,817
Foreign currency translation adjustments	13			108			91			184			92			186
Pension and other postretirement adjustment	(1,240		)	(1,246		)	(1,253		)	(1,336		)	(1,345		)	(1,354		)
Total AOCI	$	1,162		$	659		$	(79	)	$	(17	)	$	74		$	1,649

THE HARTFORD FINANCIAL SERVICES GROUP, INC.

DEFERRED POLICY ACQUISITION COSTS AND PRESENT VALUE OF FUTURE PROFITS (“DAC”)

	THREE MONTHS ENDED JUN 30, 2014
										Talcott Resolution
	Property and Casualty			Group Benefits			Mutual Funds			U.S. Annuity			Institutional			Consolidated
Balance, beginning of period	$	564		$	43		$	15		$	1,424		$	46		$	2,092
Deferred costs	324			6			5			5			(1		)	339
Amortization — DAC	(316		)	(7		)	(7		)	(57		)	(1		)	(388		)
Amortization — DAC unlock benefit, before tax	—			—			—			16			—			16
Adjustments to unrealized gains and losses on securities available-for-sale and other	—			(1		)	—			(33		)	1			(33		)
Balance, end of period	$	572		$	41		$	13		$	1,355		$	45		$	2,026

	SIX MONTHS ENDED JUN 30, 2014
										Talcott Resolution
	Property and Casualty			Group Benefits			Mutual Funds			U.S. Annuity			Institutional			Consolidated
Balance, beginning of period	$	549		$	41		$	19		$	1,505		$	47		$	2,161
Deferred costs	650			16			10			13			—			689
Amortization — DAC	(627		)	(16		)	(16		)	(135		)	(2		)	(796		)
Amortization — DAC unlock benefit, before tax	—			—			—			28			—			28
Adjustments to unrealized gains and losses on securities available-for-sale and other	—			—			—			(56		)	—			(56		)
Balance, end of period	$	572		$	41		$	13		$	1,355		$	45		$	2,026

THE HARTFORD FINANCIAL SERVICES GROUP, INC.

PROPERTY & CASUALTY COMBINED

INCOME STATEMENTS

	THREE MONTHS ENDED																		SIX MONTHS ENDED
	Jun 30 2014			Mar 31 2014			Dec 31 2013			Sept 30 2013			Jun 30 2013			Mar 31 2013			Jun 30 2014			Jun 30 2013
UNDERWRITING RESULTS
Written premiums	$	2,574		$	2,597		$	2,349		$	2,556		$	2,501		$	2,523		$	5,171		$	5,024
Change in unearned premium reserve	69			128			(149		)	68			48			98			197			146
Earned premiums	2,505			2,469			2,498			2,488			2,453			2,425			4,974			4,878
Losses and loss adjustment expenses
Current accident year before catastrophes	1,563			1,524			1,615			1,607			1,551			1,536			3,087			3,087
Current accident year catastrophes	196			86			28			66			186			32			282			218
Prior year development [1]	249			(40		)	15			17			146			14			209			160
Total losses and loss adjustment expenses	2,008			1,570			1,658			1,690			1,883			1,582			3,578			3,465
Amortization of DAC	316			311			310			308			309			310			627			619
Underwriting expenses [2]	394			331			398			391			389			375			725			764
Dividends to policyholders	3			4			4			4			4			4			7			8
Underwriting gain (loss)	(216		)	253			128			95			(132		)	154			37			22
Net investment income	292			326			324			296			338			312			618			650
Net realized capital gains (losses)	(25		)	(37		)	72			2			(7		)	51			(62		)	44
Other expense	(37		)	(36		)	(45		)	(32		)	(34		)	(24		)	(73		)	(58		)
Income from continuing operations before income taxes	14			506			479			361			165			493			520			658
Income tax expense (benefit)	(11		)	143			133			98			27			142			132			169
Income from continuing operations, after-tax	25			363			346			263			138			351			388			489
Income (loss) from discontinued operations, after-tax	—			—			—			1			(2		)	—			—			(2		)
Net income	25			363			346			264			136			351			388			487
Less: Restructuring and other costs, after-tax	—			—			—			(1		)	—			—			—			—
Less: Income (loss) from discontinued operations, after-tax	—			—			—			1			(2		)	—			—			(2		)
Less: Net realized capital gains (losses), after-tax and DAC, excluded from core earnings	(15		)	(23		)	46			1			(2		)	33			(38		)	31
Core earnings	$	40		$	386		$	300		$	263		$	140		$	318		$	426		$	458

[1] The three months ended June 30, 2014 and 2013 include unfavorable prior year loss reserve development of $212 and $130, respectively, related to asbestos reserves, and $27 and $10, respectively, related to environmental reserves.

[2] The three months ended March 31, 2014 includes a $49 before tax reduction for New York (NY) State Workers' Compensation Board assessments.

THE HARTFORD FINANCIAL SERVICES GROUP, INC.

PROPERTY & CASUALTY COMBINED

UNDERWRITING RATIOS

	THREE MONTHS ENDED															SIX MONTHS ENDED
	Jun 30 2014			Mar 31 2014			Dec 31 2013		Sept 30 2013		Jun 30 2013			Mar 31 2013		Jun 30 2014		Jun 30 2013
UNDERWRITING GAIN (LOSS)	$	(216	)	$	253		$	128	$	95	$	(132	)	$	154	$	37	$	22
UNDERWRITING RATIOS
Losses and loss adjustment expenses
Current accident year before catastrophes	62.4			61.7			64.7		64.6		63.2			63.3		62.1		63.3
Current accident year catastrophes	7.8			3.5			1.1		2.7		7.6			1.3		5.7		4.5
Prior year development [1]	9.9			(1.6		)	0.6		0.7		6.0			0.6		4.2		3.3
Total losses and loss adjustment expenses	80.2			63.6			66.4		67.9		76.8			65.2		71.9		71.0
Expenses [2]	28.3			26.0			28.3		28.1		28.5			28.2		27.2		28.4
Policyholder dividends	0.1			0.2			0.2		0.2		0.2			0.2		0.1		0.2
Combined ratio	108.6			89.8			94.9		96.2		105.4			93.6		99.3		99.5
Current accident year catastrophes and prior year development	17.7			1.9			1.7		3.4		13.6			1.9		9.9		7.8
Combined ratio before catastrophes and prior year development	90.9			87.9			93.2		92.8		91.8			91.8		89.4		91.8

[1] Includes 9.5 point and 5.7 point unfavorable impact related to asbestos and environmental prior year loss reserve development in the three months ended June 30, 2014 and 2013, respectively.

[2] Includes 2.0 point favorable impact related to a reduction in NY State Workers' Compensation Board assessments in the three months ended March 31, 2014.

THE HARTFORD FINANCIAL SERVICES GROUP, INC.

P&C COMMERCIAL

UNDERWRITING RESULTS

	THREE MONTHS ENDED															SIX MONTHS ENDED
	Jun 30 2014		Mar 31 2014			Dec 31 2013			Sept 30 2013		Jun 30 2013			Mar 31 2013		Jun 30 2014		Jun 30 2013
UNDERWRITING RESULTS
Written premiums	$	1,571	$	1,669		$	1,463		$	1,567	$	1,533		$	1,645	$	3,240	$	3,178
Change in unearned premium reserve	12		128			(103		)	4		(12		)	116		140		104
Earned premiums	1,559		1,541			1,566			1,563		1,545			1,529		3,100		3,074
Losses and loss adjustment expenses
Current accident year before catastrophes	934		934			972			991		966			968		1,868		1,934
Current accident year catastrophes	35		60			7			48		44			6		95		50
Prior year development [2]	12		(7		)	12			26		37			8		5		45
Total losses and loss adjustment expenses	981		987			991			1,065		1,047			982		1,968		2,029
Amortization of DAC	230		226			226			226		226			227		456		453
Underwriting expenses [1]	254		188			247			238		243			225		442		468
Dividends to policyholders	3		4			4			4		4			4		7		8
Underwriting gain	$	91	$	136		$	98		$	30	$	25		$	91	$	227	$	116

[1] The three months ended March 31, 2014 includes a $49 before tax reduction for NY State Workers' Compensation Board assessments. Small Commercial, Middle Market and Specialty

Commercial represent $25, $14 and $10, respectively, of the reduction.

[2] Prior year development includes the following (favorable) unfavorable prior year loss reserve development:

	THREE MONTHS ENDED																		SIX MONTHS ENDED
	Jun 30 2014			Mar 31 2014			Dec 31 2013			Sept 30 2013			Jun 30 2013			Mar 31 2013			Jun 30 2014			Jun 30 2013
Auto liability	$	9		$	5		$	—		$	86		$	40		$	15		$	14		$	55
Professional and general liability	(11		)	(8		)	(1		)	(45		)	(40		)	(18		)	(19		)	(58		)
Workers’ compensation	5			—			(11		)	(10		)	1			18			5			19
Workers’ compensation - NY 25a Fund for Reopened Cases	—			—			—			—			80			—			—			80
Change in workers' compensation discount, including accretion	7			8			7			8			7			8			15			15
Catastrophes	(6		)	(12		)	(3		)	(12		)	(9		)	—			(18		)	(9		)
Uncollectible reinsurance	—			—			—			—			(25		)	—			—			(25		)
Other reserve re-estimates, net	8			—			20			(1		)	(17		)	(15		)	8			(32		)
Total prior year development	$	12		$	(7	)	$	12		$	26		$	37		$	8		$	5		$	45

THE HARTFORD FINANCIAL SERVICES GROUP, INC.

P&C COMMERCIAL

UNDERWRITING RATIOS

	THREE MONTHS ENDED													SIX MONTHS ENDED
	Jun 30 2014		Mar 31 2014			Dec 31 2013		Sept 30 2013		Jun 30 2013		Mar 31 2013		Jun 30 2014		Jun 30 2013
UNDERWRITING GAIN	$	91	$	136		$	98	$	30	$	25	$	91	$	227	$	116
UNDERWRITING RATIOS
Losses and loss adjustment expenses
Current accident year before catastrophes	59.9		60.6			62.1		63.4		62.5		63.3		60.3		62.9
Current accident year catastrophes	2.2		3.9			0.4		3.1		2.8		0.4		3.1		1.6
Prior year development [1]	0.8		(0.5		)	0.8		1.7		2.4		0.5		0.2		1.5
Total losses and loss adjustment expenses	62.9		64.0			63.3		68.1		67.8		64.2		63.5		66.0
Expenses [2]	31.0		26.9			30.2		29.7		30.4		29.6		29.0		30.0
Policyholder dividends	0.2		0.3			0.3		0.3		0.3		0.3		0.2		0.3
Combined ratio	94.2		91.2			93.7		98.1		98.4		94.0		92.7		96.2
Current accident year catastrophes and prior year development	3.0		3.4			1.2		4.8		5.2		0.9		3.3		3.1
Combined ratio before catastrophes and prior year development	91.1		87.7			92.5		93.3		93.1		93.1		89.5		93.1
COMBINED RATIOS BY LINE OF BUSINESS [3]
SMALL COMMERCIAL
Combined ratio	89.3		85.7			85.8		92.4		94.5		89.9		87.5		92.2
Combined ratio before catastrophes	85.9		83.3			85.4		89.9		91.8		88.2		84.6		90.0
Combined ratio before catastrophes and prior year development	85.4		83.7			85.9		87.1		87.6		89.2		84.6		88.4
MIDDLE MARKET
Combined ratio	97.1		96.1			97.1		102.7		101.7		91.6		96.6		96.7
Combined ratio before catastrophes	96.6		90.6			96.9		99.7		99.3		93.2		93.6		96.3
Combined ratio before catastrophes and prior year development	95.1		90.1			94.8		95.9		95.2		95.8		92.6		95.5
SPECIALTY COMMERCIAL
Combined ratio	104.1		97.3			102.4		111.0		113.8		112.6		100.6		113.2
Combined ratio before catastrophes	104.0		97.2			102.5		110.9		113.4		111.8		100.5		112.6
Combined ratio before catastrophes and prior year development	101.3		94.7			100.6		103.0		105.7		98.9		98.0		102.3

[1]For a summary of prior year loss reserve development, refer to footnote [2] on page 11.

[2]The expense ratio includes 3.2 point favorable impact related to a reduction in NY State Workers' Compensation Board assessments in the three months ended March 31, 2014.

[3] Small Commercial, Middle Market and Specialty Commercial include a benefit of 3.3 points, 2.5 points and 4.4 points, respectively, for the NY State Workers' Compensation Board assessments

reduction in the three months ended March 31, 2014. For additional information, refer to footnote [1] on page 11.

THE HARTFORD FINANCIAL SERVICES GROUP, INC.

P&C COMMERCIAL

SUPPLEMENTAL DATA

	THREE MONTHS ENDED																		SIX MONTHS ENDED
	Jun 30 2014			Mar 31 2014			Dec 31 2013			Sept 30 2013			Jun 30 2013			Mar 31 2013			Jun 30 2014			Jun 30 2013
WRITTEN PREMIUMS
Small Commercial	$	833		$	865		$	715		$	740		$	787		$	842		$	1,698		$	1,629
Middle Market	533			566			555			570			518			546			1,099			1,064
Specialty Commercial	196			229			186			248			219			248			425			467
National Accounts	77			113			62			90			72			91			190			163
Financial Products	59			55			63			61			60			53			114			113
Programs	57			58			60			93			85			101			115			186
Other Specialty	3			3			1			4			2			3			6			5
Other	9			9			7			9			9			9			18			18
Total	$	1,571		$	1,669		$	1,463		$	1,567		$	1,533		$	1,645		$	3,240		$	3,178
EARNED PREMIUMS
Small Commercial	$	790		$	769		$	777		$	769		$	763		$	754		$	1,559		$	1,517
Middle Market	547			541			549			545			540			530			1,088			1,070
Specialty Commercial	213			223			234			240			233			236			436			469
National Accounts	82			80			79			83			70			68			162			138
Financial Products	61			59			62			61			64			63			120			127
Programs	68			81			89			92			97			102			149			199
Other Specialty	2			3			4			4			2			3			5			5
Other	9			8			6			9			9			9			17			18
Total	$	1,559		$	1,541		$	1,566		$	1,563		$	1,545		$	1,529		$	3,100		$	3,074
STATISTICAL PREMIUM INFORMATION (YEAR OVER YEAR)
Renewal Written Price Increases
Standard Commercial Lines	6		%	7		%	8		%	7		%	7		%	8		%	6		%	7		%
Policy Count Retention
Small Commercial	84		%	83		%	82		%	81		%	80		%	82		%	83		%	81		%
Middle Market	80		%	81		%	79		%	80		%	79		%	77		%	81		%	78		%
New Business Premium
Small Commercial	$	140		$	131		$	111		$	115		$	125		$	134		$	271		$	259
Middle Market	$	112		$	111		$	102		$	107		$	116		$	97		$	223		$	213
Policies in Force (in thousands)
Small Commercial	1,187			1,179			1,177			1,181			1,181			1,185
Middle Market	73			73			73			74			74			75

THE HARTFORD FINANCIAL SERVICES GROUP, INC.

CONSUMER MARKETS

UNDERWRITING RESULTS

	THREE MONTHS ENDED																		SIX MONTHS ENDED
UNDERWRITING RESULTS	Jun 30 2014			Mar 31 2014			Dec 31 2013			Sept 30 2013			Jun 30 2013			Mar 31 2013			Jun 30 2014			Jun 30 2013
Written premiums	$	1,003		$	927		$	886		$	988		$	967		$	878		$	1,930		$	1,845
Change in unearned premium reserve	57			(1		)	(45		)	63			59			(18		)	56			41
Earned premiums	946			928			931			925			908			896			1,874			1,804
Losses and loss adjustment expenses
Current accident year before catastrophes	629			590			643			616			585			568			1,219			1,153
Current accident year catastrophes	161			26			21			18			142			26			187			168
Prior year development [1]	(3		)	(34		)	—			(11		)	(32		)	4			(37		)	(28		)
Total losses and loss adjustment expenses	787			582			664			623			695			598			1,369			1,293
Amortization of DAC	86			85			84			82			83			83			171			166
Underwriting expenses	133			136			144			145			139			143			269			282
Underwriting gain (loss)	$	(60	)	$	125		$	39		$	75		$	(9	)	$	72		$	65		$	63

[1] Prior year development includes the following (favorable) unfavorable prior year loss reserve development:

	THREE MONTHS ENDED																		SIX MONTHS ENDED
	Jun 30 2014			Mar 31 2014			Dec 31 2013			Sept 30 2013			Jun 30 2013			Mar 31 2013			Jun 30 2014			Jun 30 2013
Auto liability	$	—		$	—		$	1		$	—		$	2		$	—		$	—		$	2
Homeowners	3			(13		)	3			1			(2		)	(8		)	(10		)	(10		)
Catastrophes	(5		)	(21		)	(2		)	(8		)	(31		)	2			(26		)	(29		)
Other reserve re-estimates, net	(1		)	—			(2		)	(4		)	(1		)	10			(1		)	9
Total prior year development	$	(3	)	$	(34	)	$	—		$	(11	)	$	(32	)	$	4		$	(37	)	$	(28	)

THE HARTFORD FINANCIAL SERVICES GROUP, INC.

CONSUMER MARKETS

UNDERWRITING RATIOS

	THREE MONTHS ENDED																SIX MONTHS ENDED
	Jun 30 2014			Mar 31 2014			Dec 31 2013		Sept 30 2013			Jun 30 2013			Mar 31 2013		Jun 30 2014			Jun 30 2013
UNDERWRITING GAIN (LOSS)	$	(60	)	$	125		$	39	$	75		$	(9	)	$	72	$	65		$	63
UNDERWRITING RATIOS
Losses and loss adjustment expenses
Current accident year before catastrophes	66.5			63.6			69.1		66.6			64.4			63.4		65.0			63.9
Current accident year catastrophes	17.0			2.8			2.3		1.9			15.6			2.9		10.0			9.3
Prior year development [1]	(0.3		)	(3.7		)	—		(1.2		)	(3.5		)	0.4		(2.0		)	(1.6		)
Total losses and loss adjustment expenses	83.2			62.7			71.3		67.4			76.5			66.7		73.1			71.7
Expenses	23.2			23.8			24.5		24.5			24.4			25.2		23.5			24.8
Combined ratio	106.3			86.5			95.8		91.9			101.0			92.0		96.5			96.5
Current accident year catastrophes and prior year development	16.7			(0.9		)	2.3		0.7			12.1			3.3		8.0			7.7
Combined ratio before catastrophes and prior year development	89.6			87.4			93.6		91.1			88.9			88.6		88.5			88.7
PRODUCT
Automobile
Combined ratio	98.7			91.4			102.4		96.3			94.6			96.0		95.1			95.3
Combined ratio before catastrophes and prior year development	94.6			91.6			102.7		96.8			93.8			93.3		93.1			93.5
Homeowners
Combined ratio	123.8			75.3			78.3		81.2			115.0			82.7		99.8			99.0
Combined ratio before catastrophes and prior year development	79.6			77.4			70.6		77.6			77.9			77.9		78.5			77.9

[1] For a summary of (favorable) unfavorable prior year loss reserve development refer to footnote [1] on page 14.    

THE HARTFORD FINANCIAL SERVICES GROUP, INC.

CONSUMER MARKETS

SUPPLEMENTAL DATA

	THREE MONTHS ENDED																		SIX MONTHS ENDED
	Jun 30 2014			Mar 31 2014			Dec 31 2013			Sept 30 2013			Jun 30 2013			Mar 31 2013			Jun 30 2014			Jun 30 2013
DISTRIBUTION
WRITTEN PREMIUMS
AARP Direct	$	734		$	669		$	632		$	725		$	718		$	647		$	1,403		$	1,365
AARP Agency	78			71			66			62			52			45			149			97
Other Agency	179			173			175			187			182			173			352			355
Other	12			14			13			14			15			13			26			28
Total	$	1,003		$	927		$	886		$	988		$	967		$	878		$	1,930		$	1,845
EARNED PREMIUMS
AARP Direct	$	689		$	678		$	684		$	682		$	673		$	662		$	1,367		$	1,335
AARP Agency	66			58			54			47			41			35			124			76
Other Agency	179			179			181			182			181			184			358			365
Other	12			13			12			14			13			15			25			28
Total	$	946		$	928		$	931		$	925		$	908		$	896		$	1,874		$	1,804
PRODUCT LINE
WRITTEN PREMIUMS
Automobile	$	680		$	660		$	608		$	668		$	657		$	629		$	1,340		$	1,286
Homeowners	323			267			278			320			310			249			590			559
Total	$	1,003		$	927		$	886		$	988		$	967		$	878		$	1,930		$	1,845
EARNED PREMIUMS
Automobile	$	650		$	636		$	640		$	637		$	626		$	619		$	1,286		$	1,245
Homeowners	296			292			291			288			282			277			588			559
Total	$	946		$	928		$	931		$	925		$	908		$	896		$	1,874		$	1,804
STATISTICAL PREMIUM INFORMATION (YEAR OVER YEAR)
Renewal Written Price Increases
Automobile	5		%	5		%	5		%	5		%	5		%	5		%	5		%	5		%
Homeowners	8		%	8		%	8		%	8		%	7		%	6		%	8		%	6		%
Policy Count Retention
Automobile	86		%	87		%	86		%	86		%	86		%	86		%	86		%	86		%
Homeowners	87		%	87		%	86		%	86		%	87		%	87		%	87		%	87		%
Premium Retention
Automobile	88		%	89		%	87		%	88		%	88		%	88		%	88		%	88		%
Homeowners	92		%	93		%	92		%	92		%	92		%	92		%	92		%	92		%
New Business Premium
Automobile	$	103		$	104		$	94		$	100		$	93		$	87		$	207		$	180
Homeowners	$	35		$	32		$	32		$	35		$	34		$	30		$	67		$	64
Policies in Force (in thousands)
Automobile	2,041			2,033			2,019			2,021			2,020			2,019
Homeowners	1,325			1,324			1,319			1,321			1,322			1,322

THE HARTFORD FINANCIAL SERVICES GROUP, INC.

P&C OTHER OPERATIONS

UNDERWRITING RESULTS

	THREE MONTHS ENDED																		SIX MONTHS ENDED
	Jun 30 2014			Mar 31 2014			Dec 31 2013			Sept 30 2013			Jun 30 2013			Mar 31 2013			Jun 30 2014			Jun 30 2013
UNDERWRITING RESULTS
Written premiums	$	—		$	1		$	—		$	1		$	1		$	—		$	1		$	1
Change in unearned premium reserve	—			1			(1		)	1			1			—			1			1
Earned premiums	—			—			1			—			—			—			—			—
Losses and loss adjustment expenses
Prior year development [1]	240			1			3			2			141			2			241			143
Total losses and loss adjustment expenses	240			1			3			2			141			2			241			143
Underwriting expenses	7			7			7			8			7			7			14			14
Underwriting loss	$	(247	)	$	(8	)	$	(9	)	$	(10	)	$	(148	)	$	(9	)	$	(255	)	$	(157	)

[1] The three months ended June 30, 2014 and 2013 include unfavorable prior year loss reserve development of $212 and $130, respectively, related to asbestos reserves, and $27 and $10, respectively, related to environmental reserves.

THE HARTFORD FINANCIAL SERVICES GROUP, INC.

GROUP BENEFITS

INCOME STATEMENTS

	THREE MONTHS ENDED																		SIX MONTHS ENDED
	Jun 30 2014			Mar 31 2014			Dec 31 2013			Sept 30 2013			Jun 30 2013			Mar 31 2013			Jun 30 2014			Jun 30 2013
Earned premiums	$	761		$	784		$	821		$	817		$	823		$	812		$	1,545		$	1,635
Fee income	16			15			14			14			15			14			31			29
Net investment income	95			96			97			96			100			97			191			197
Net realized capital gains (losses)	6			8			3			(8		)	37			18			14			55
Total revenues	878			903			935			919			975			941			1,781			1,916
Benefits, losses and loss adjustment expenses	601			597			607			637			635			639			1,198			1,274
Amortization of DAC	7			9			9			8			8			8			16			16
Insurance operating costs and other expenses	195			228			239			237			248			240			423			488
Total benefits, losses and expenses	803			834			855			882			891			887			1,637			1,778
Income before income taxes	75			69			80			37			84			54			144			138
Income tax expense	20			18			22			6			23			12			38			35
Net income	55			51			58			31			61			42			106			103
Less: Net realized capital gains (losses), after tax, excluded from core earnings	3			6			3			(5		)	24			12			9			36
Core earnings	$	52		$	45		$	55		$	36		$	37		$	30		$	97		$	67
After-tax margin (excluding buyouts)
Net income	6.3		%	5.7		%	6.2		%	3.4		%	6.3		%	4.5		%	6.0		%	5.4		%
Core earnings	6.0		%	5.1		%	5.9		%	3.9		%	3.9		%	3.2		%	5.5		%	3.6		%

THE HARTFORD FINANCIAL SERVICES GROUP, INC.

GROUP BENEFITS

SUPPLEMENTAL DATA

	THREE MONTHS ENDED																		SIX MONTHS ENDED
	Jun 30 2014			Mar 31 2014			Dec 31 2013			Sept 30 2013			Jun 30 2013			Mar 31 2013			Jun 30 2014			Jun 30 2013
PREMIUMS
Fully insured ongoing premiums
Group disability	$	349		$	346		$	352		$	343		$	355		$	345		$	695		$	700
Group life [1]	371			388			428			435			427			426			759			853
Other	41			42			41			39			40			41			83			81
Total fully insured ongoing premiums	$	761		$	776		$	821		$	817		$	822		$	812		$	1,537		$	1,634
Total buyouts [2]	—			8			—			—			1			—			8			1
Total premiums	761			784			821			817			823			812			1,545			1,635
Group disability premium equivalents [3]	108			103			102			104			100			106			211			206
Total premiums and premium equivalents	$	869		$	887		$	923		$	921		$	923		$	918		$	1,756		$	1,841
SALES (GROSS ANNUALIZED NEW PREMIUMS)
Fully insured ongoing sales
Group disability	$	20		$	88		$	29		$	32		$	46		$	76		$	108		$	122
Group life	24			79			26			28			55			88			103			143
Other	1			13			3			3			2			5			14			7
Total fully insured ongoing sales	45			180			58			63			103			169			225			272
Total buyouts [2]	—			8			—			—			1			—			8			1
Total sales	45			188			58			63			104			169			233			273
Group disability premium equivalents [3]	3			25			23			5			18			15			28			33
Total sales and premium equivalents	$	48		$	213		$	81		$	68		$	122		$	184		$	261		$	306
RATIOS [4]
Loss ratio
Group disability loss ratio	83.9		%	82.4		%	75.7		%	87.9		%	82.7		%	89.9		%	83.1		%	86.2		%
Group life loss ratio	72.4		%	67.9		%	70.8		%	68.2		%	70.8		%	68.1		%	70.1		%	69.4		%
Total loss ratio	77.3		%	74.5		%	72.7		%	76.7		%	75.7		%	77.4		%	75.9		%	76.5		%
Expense ratio	26.0		%	30.0		%	29.7		%	29.5		%	30.6		%	30.0		%	28.0		%	30.3		%

[1] Association - Financial Institution business represents $19, $44, $65, $68, $71 and $72 for the three months ended June 30, 2014, March 31, 2014, December 31, 2013, September 30, 2013,

June 30, 2013 and March 31, 2013, respectively.

[2] Takeover of open claim liabilities and other non-recurring premium amounts.

[3] Administrative service only fees and premium equivalent of claims under claim management.

[4] Ratios calculated include fee income and exclude the effects of buyout premiums.

THE HARTFORD FINANCIAL SERVICES GROUP, INC.

MUTUAL FUNDS

INCOME STATEMENTS

	THREE MONTHS ENDED															SIX MONTHS ENDED
	Jun 30 2014		Mar 31 2014		Dec 31 2013			Sept 30 2013		Jun 30 2013			Mar 31 2013			Jun 30 2014		Jun 30 2013
Investment management fees	$	150	$	146	$	146		$	139	$	137		$	133		$	296	$	270
Shareholder servicing fees	19		19		19			19		20			20			38		40
Other revenue	14		9		10			10		8			7			23		15
Total revenues	183		174		175			168		165			160			357		325
Sub-advisory	52		51		51			48		48			48			103		96
Employee compensation and benefits	26		25		26			24		24			25			51		49
Distribution and service	45		43		43			43		41			41			88		82
General, administrative and other	28		22		25			24		21			18			50		39
Total expenses	151		141		145			139		134			132			292		266
Income before income taxes	32		33		30			29		31			28			65		59
Income tax expense	11		12		11			10		11			10			23		21
Net income	21		21		19			19		20			18			42		38
Less: Restructuring and other costs, after-tax	—		—		—			1		(1		)	(1		)	—		(2		)
Less: Net realized capital gains (losses), after-tax, excluded from core earnings	—		—		(1		)	—		1			(1		)	—		—
Core earnings	$	21	$	21	$	20		$	18	$	20		$	20		$	42	$	40
Return on assets (bps, after-tax) [1]
Net income	8.5		8.6		8.0			8.4		8.8			8.0			8.6		8.6
Core earnings	8.5		8.6		8.5			8.0		8.8			8.9			8.6		9.1

[1] Represents annualized earnings divided by average assets under management.

THE HARTFORD FINANCIAL SERVICES GROUP, INC.

MUTUAL FUNDS

ASSET VALUE ROLL FORWARD

ASSETS UNDER MANAGEMENT BY DISTRIBUTION CHANNEL

	THREE MONTHS ENDED																		SIX MONTHS ENDED
	Jun 30 2014			Mar 31 2014			Dec 31 2013			Sept 30 2013			Jun 30 2013			Mar 31 2013			Jun 30 2014			Jun 30 2013
RETAIL MUTUAL FUNDS [1]
Beginning balance	$	54,988		$	53,040		$	49,938		$	47,617		$	48,186		$	45,013		$	53,040		$	45,013
Sales	2,698			2,627			2,488			2,864			2,789			3,162			5,325			5,951
Redemptions	(2,619		)	(2,688		)	(2,569		)	(2,901		)	(4,075		)	(3,176		)	(5,307		)	(7,251		)
Net flows	79			(61		)	(81		)	(37		)	(1,286		)	(14		)	18			(1,300		)
Change in market value and other [2]	635			2,009			3,183			2,358			717			3,187			2,644			3,904
Ending balance	$	55,702		$	54,988		$	53,040		$	49,938		$	47,617		$	48,186		$	55,702		$	47,617
RETIREMENT MUTUAL FUNDS [3]
Beginning balance	$	18,358		$	17,878		$	16,821		$	15,991		$	17,622		$	16,598		$	17,878		$	16,598
Sales	1,212			1,065			1,067			923			937			942			2,277			1,879
Redemptions	(1,729		)	(986		)	(1,428		)	(1,531		)	(2,590		)	(1,426		)	(2,715		)	(4,016		)
Net flows	(517		)	79			(361		)	(608		)	(1,653		)	(484		)	(438		)	(2,137		)
Change in market value and other	787			401			1,418			1,438			22			1,508			1,188			1,530
Ending balance	$	18,628		$	18,358		$	17,878		$	16,821		$	15,991		$	17,622		$	18,628		$	15,991
TOTAL MUTUAL FUNDS
Beginning balance	$	73,346		$	70,918		$	66,759		$	63,608		$	65,808		$	61,611		$	70,918		$	61,611
Sales	3,910			3,692			3,555			3,787			3,726			4,104			7,602			7,830
Redemptions	(4,348		)	(3,674		)	(3,997		)	(4,432		)	(6,665		)	(4,602		)	(8,022		)	(11,267		)
Net flows	(438		)	18			(442		)	(645		)	(2,939		)	(498		)	(420		)	(3,437		)
Change in market value and other	1,422			2,410			4,601			3,796			739			4,695			3,832			5,434
Ending balance	$	74,330		$	73,346		$	70,918		$	66,759		$	63,608		$	65,808		$	74,330		$	63,608
AVERAGE MUTUAL FUNDS ASSETS UNDER MANAGEMENT	$	73,838		$	72,132		$	68,839		$	65,183		$	64,708		$	63,710		$	72,624		$	62,610
ANNUITY MUTUAL FUND ASSETS [4]	$	24,529		$	24,957		$	25,817		$	25,638		$	25,901		$	26,628		$	24,529		$	25,901
TOTAL ASSETS UNDER MANAGEMENT	$	98,859		$	98,303		$	96,735		$	92,397		$	89,509		$	92,436		$	98,859		$	89,509
AVERAGE ASSETS UNDER MANAGEMENT	$	98,581		$	97,519		$	94,566		$	90,953		$	90,973		$	90,042		$	97,797		$	88,578

[1] Includes mutual funds offered within 529 college savings plans.

[2] Includes front end loads on A share products.

[3] Consists of mutual funds offered within employee directed retirement plans.

[4] Consists of Company-sponsored mutual fund assets held in separate accounts supporting variable insurance and investment products.

THE HARTFORD FINANCIAL SERVICES GROUP, INC.

MUTUAL FUNDS

ASSET VALUE ROLL FORWARD

ASSETS UNDER MANAGEMENT BY ASSET CLASS

	THREE MONTHS ENDED																		SIX MONTHS ENDED
	Jun 30 2014			Mar 31 2014			Dec 31 2013			Sept 30 2013			Jun 30 2013			Mar 31 2013			Jun 30 2014			Jun 30 2013
EQUITY
Beginning balance	$	44,489		$	42,426		$	39,057		$	36,186		$	38,453		$	35,843		$	42,426		$	35,843
Sales	1,995			1,906			1,678			1,591			1,446			1,559			3,901			3,005
Redemptions	(2,145		)	(1,819		)	(2,043		)	(2,054		)	(4,821		)	(2,951		)	(3,964		)	(7,772		)
Net flows	(150		)	87			(365		)	(463		)	(3,375		)	(1,392		)	(63		)	(4,767		)
Change in market value and other	832			1,976			3,734			3,334			1,108			4,002			2,808			5,110
Ending balance	$	45,171		$	44,489		$	42,426		$	39,057		$	36,186		$	38,453		$	45,171		$	36,186
FIXED INCOME
Beginning balance	$	14,661		$	14,632		$	14,595		$	14,944		$	15,213		$	14,524		$	14,632		$	14,524
Sales	1,241			1,134			1,255			1,507			1,432			1,755			2,375			3,187
Redemptions	(1,064		)	(1,257		)	(1,322		)	(1,802		)	(1,323		)	(1,133		)	(2,321		)	(2,456		)
Net flows	177			(123		)	(67		)	(295		)	109			622			54			731
Change in market value and other	104			152			104			(54		)	(378		)	67			256			(311		)
Ending balance	$	14,942		$	14,661		$	14,632		$	14,595		$	14,944		$	15,213		$	14,942		$	14,944
MULTI-STRATEGY INVESTMENTS [1]
Beginning balance	$	14,196		$	13,860		$	13,107		$	12,478		$	12,142		$	11,244		$	13,860		$	11,244
Sales	674			652			622			689			848			790			1,326			1,638
Redemptions	(1,139		)	(598		)	(632		)	(576		)	(521		)	(518		)	(1,737		)	(1,039		)
Net flows	(465		)	54			(10		)	113			327			272			(411		)	599
Change in market value and other	486			282			763			516			9			626			768			635
Ending balance	$	14,217		$	14,196		$	13,860		$	13,107		$	12,478		$	12,142		$	14,217		$	12,478
TOTAL MUTUAL FUNDS [2]	$	74,330		$	73,346		$	70,918		$	66,759		$	63,608		$	65,808		$	74,330		$	63,608

[1] Includes balanced, allocation, target date and alternatives.

[2] Excludes annuity mutual fund assets.

THE HARTFORD FINANCIAL SERVICES GROUP, INC.

TALCOTT RESOLUTION

FINANCIAL HIGHLIGHTS

	THREE MONTHS ENDED																		SIX MONTHS ENDED
	Jun 30 2014			Mar 31 2014			Dec 31 2013			Sept 30 2013			Jun 30 2013			Mar 31 2013			Jun 30 2014			Jun 30 2013
NET INCOME (LOSS)
U.S. Annuity	$	92		$	108		$	41		$	69		$	23		$	63		$	200		$	86
Institutional and other [1] [2] [3]	(596		)	37			(56		)	(62		)	(355		)	(357		)	(559		)	(712		)
Talcott Resolution net income (loss)	(504		)	145			(15		)	7			(332		)	(294		)	(359		)	(626		)
Less: Unlock benefit (charge), after tax	15			12			1			(104		)	(9		)	3			27			(6		)
Less: Restructuring and other costs, after tax	—			—			—			(1		)	1			(1		)	—			—
Less: Loss from discontinued operations, after tax [1]	(617		)	29			(70		)	(73		)	(421		)	(484		)	(588		)	(905		)
Less: Net reinsurance gain (loss) on dispositions, after tax	—			—			—			—			1			44			—			45
Less: Net realized gains (losses) and other, after tax and DAC, excluded from core earnings	(3		)	(8		)	(45		)	70			(7		)	49			(11		)	42
Talcott Resolution core earnings	$	101		$	112		$	99		$	115		$	103		$	95		$	213		$	198
CORE EARNINGS (LOSSES)
U.S. Annuity	$	84		$	89		$	81		$	89		$	79		$	73		$	173		$	152
Institutional and other [2]	17			23			18			26			24			22			40			46
Talcott Resolution core earnings	$	101		$	112		$	99		$	115		$	103		$	95		$	213		$	198

[1] Loss from discontinued operations, after tax includes loss on disposition and income (loss) from discontinued operations during the period. The three months ended June 30, 2014 includes

a loss on disposition of $659 related to the Japan annuity business; the three months ended June 30, 2013 includes a loss on disposition of $102 related to the U.K. variable annuity business.

[2] Other consists of PPLI, International and residual income or tax benefits associated with the reinsurance of the policyholder and separate account liabilities of the Retirement Plans and

Individual Life businesses. The Retirement Plans and Individual Life businesses were sold in January 2013.

[3] Includes derivative gains of $71 for the three months ended March 31, 2013 primarily associated with previously terminated derivatives associated with fixed rate bonds sold in

connection with the Retirement Plans and Individual Life business dispositions.

THE HARTFORD FINANCIAL SERVICES GROUP, INC.

TALCOTT RESOLUTION

U.S. ANNUITY

SUPPLEMENTAL DATA

	THREE MONTHS ENDED												SIX MONTHS ENDED
	Jun 30 2014		Mar 31 2014		Dec 31 2013		Sept 30 2013		Jun 30 2013		Mar 31 2013		Jun 30 2014		Jun 30 2013
CORE EARNINGS - RETURN ON ASSETS (bps, after tax) [1]
U.S. annuity	49.0		50.3		45.0		49.0		42.3		38.4		49.5		40.8
FULL SURRENDER RATES [2]
U.S. variable annuity	13.9	%	12.3	%	14.5	%	20.3	%	17.5	%	14.5	%	13.0	%	16.2	%
CONTRACT COUNTS (in thousands)
U.S. variable annuity	721		747		774		802		839		873
U.S. fixed annuity and other	151		163		170		176		180		184

[1] Represents annualized earnings divided by a two-point average of assets under management.

[2] Represents annualized surrenders (full contract liquidation excluding partial withdrawals) divided by a two-point average of annuity account values.

	AS OF:
	Jun 30 2014			Mar 31 2014			Dec 31 2013			Sept 30 2013			Jun 30 2013			Mar 31 2013
VARIABLE ANNUITY DEATH AND LIVING BENEFITS
S&P 500 index value at end of period	1,960			1,872			1,848			1,682			1,606			1,569
Total account value with guaranteed minimum death benefits (“GMDB”)	$	58,350		$	59,547		$	61,812		$	61,512		$	62,579		$	65,500
Gross net amount of risk ("NAR")	4,024			4,192			4,325			4,657			5,195			5,349
NAR reinsured	78		%	77		%	76		%	75		%	72		%	72		%
Contracts in the Money [2]	14		%	17		%	16		%	22		%	33		%	29		%
% In the Money [2] [3]	27		%	23		%	26		%	19		%	14		%	16		%
Retained NAR [1]	891			971			1,026			1,183			1,457			1,498
Net GAAP liability	331			322			316			301			298			293
Total account value with guaranteed minimum withdrawal benefits (“GMWB”)	$	28,161		$	29,036		$	30,262		$	30,907		$	32,035		$	34,106
Gross NAR	139			163			167			228			344			361
NAR reinsured	21		%	21		%	20		%	18		%	18		%	19		%
Contracts in the Money [2]	5		%	6		%	5		%	9		%	14		%	13		%
% In the Money [2] [3]	13		%	12		%	12		%	9		%	8		%	9		%
Retained NAR [1]	110			129			134			187			282			293
Net GAAP (asset) liability	(43		)	(15		)	(3		)	158			513			651

[1] Policies with a guaranteed living benefit also have a guaranteed death benefit. The net amount at risk (“NAR”) for each benefit is shown. These benefits are not additive. When a policy terminates due to death, any NAR related to the GMWB is released. Similarly, when a policy goes into benefit status on a GMWB, its GMDB NAR is released.

[2] Excludes contracts that are fully reinsured.

[3] For all contracts that are “in the money”, this represents the percentage by which the average contract was in the money.

THE HARTFORD FINANCIAL SERVICES GROUP, INC.

TALCOTT RESOLUTION

U.S. ANNUITY

ACCOUNT VALUE ROLLFORWARD

	THREE MONTHS ENDED																		SIX MONTHS ENDED
	Jun 30 2014			Mar 31 2014			Dec 31 2013			Sept 30 2013			Jun 30 2013			Mar 31 2013			Jun 30 2014			Jun 30 2013
VARIABLE ANNUITIES
Beginning balance	$	59,547		$	61,812		$	61,512		$	62,579		$	65,500		$	64,824		$	61,812		$	64,824
Deposits	58			66			60			77			180			226			124			406
Partial withdrawals	(563		)	(634		)	(748		)	(647		)	(630		)	(710		)	(1,197		)	(1,340		)
Full surrenders	(2,041		)	(1,860		)	(2,235		)	(3,153		)	(2,805		)	(2,356		)	(3,901		)	(5,161		)
Death benefits/annuitizations/other [1]	(508		)	(521		)	(470		)	(445		)	(472		)	(468		)	(1,029		)	(940		)
Transfers	(2		)	(1		)	—			(2		)	(1		)	1			(3		)	—
Net flows	(3,056		)	(2,950		)	(3,393		)	(4,170		)	(3,728		)	(3,307		)	(6,006		)	(7,035		)
Change in market value/change in reserve/interest credited and other	1,859			685			3,693			3,103			807			3,983			2,544			4,790
Ending balance	$	58,350		$	59,547		$	61,812		$	61,512		$	62,579		$	65,500		$	58,350		$	62,579
FIXED MARKET VALUE ADJUSTED (“MVA”) AND OTHER
Beginning balance	$	9,917		$	10,142		$	10,455		$	10,670		$	10,797		$	10,848		$	10,142		$	10,848
Deposits	—			—			—			—			2			6			—			8
Surrenders	(576		)	(331		)	(381		)	(264		)	(161		)	(103		)	(907		)	(264		)
Death benefits/annuitizations/other [1]	(19		)	7			(58		)	(64		)	(72		)	(74		)	(12		)	(146		)
Transfers	1			1			(2		)	(2		)	(3		)	—			2			(3		)
Net flows	(594		)	(323		)	(441		)	(330		)	(234		)	(171		)	(917		)	(405		)
Change in market value/change in reserve/interest credited and other	106			98			128			115			107			120			204			227
Ending balance	$	9,429		$	9,917		$	10,142		$	10,455		$	10,670		$	10,797		$	9,429		$	10,670
TOTAL U.S. ANNUITY
Beginning balance	$	69,464		$	71,954		$	71,967		$	73,249		$	76,297		$	75,672		$	71,954		$	75,672
Deposits	58			66			60			77			182			232			124			414
Surrenders	(3,180		)	(2,825		)	(3,364		)	(4,064		)	(3,596		)	(3,169		)	(6,005		)	(6,765		)
Death benefits/annuitizations/other [1]	(527		)	(514		)	(528		)	(509		)	(544		)	(542		)	(1,041		)	(1,086		)
Transfers	(1		)	—			(2		)	(4		)	(4		)	1			(1		)	(3		)
Net flows	(3,650		)	(3,273		)	(3,834		)	(4,500		)	(3,962		)	(3,478		)	(6,923		)	(7,440		)
Change in market value/change in reserve/interest credited and other	1,965			783			3,821			3,218			914			4,103			2,748			5,017
Ending balance	$	67,779		$	69,464		$	71,954		$	71,967		$	73,249		$	76,297		$	67,779		$	73,249

[1] Includes transfers from the accumulation phase to the annuitization phase.

THE HARTFORD FINANCIAL SERVICES GROUP, INC.

CORPORATE

INCOME STATEMENTS

	THREE MONTHS ENDED																		SIX MONTHS ENDED
	Jun 30 2014			Mar 31 2014			Dec 31 2013			Sept 30 2013			Jun 30 2013			Mar 31 2013			Jun 30 2014			Jun 30 2013
Fee income	$	4		$	3		$	4		$	2		$	2		$	3		$	7		$	5
Net investment income	5			2			8			6			—			13			7			13
Other revenues	—			—			1			—			—			—			—			—
Net realized capital gains (losses)	14			(9		)	2			(5		)	10			(96		)	5			(86		)
Total revenues	23			(4		)	15			3			12			(80		)	19			(68		)
Insurance operating costs and other expenses [1]	20			12			34			(60		)	14			26			32			40
Loss on extinguishment of debt [2]	—			—			—			—			—			213			—			213
Reinsurance loss on dispositions [3]	—			—			—			—			—			69			—			69
Interest expense	94			95			96			94			100			107			189			207
Restructuring and other costs	8			20			15			14			19			16			28			35
Total expenses	122			127			145			48			133			431			249			564
Loss before income taxes	(99		)	(131		)	(130		)	(45		)	(121		)	(511		)	(230		)	(632		)
Income tax benefit	(35		)	(46		)	(36		)	(17		)	(46		)	(153		)	(81		)	(199		)
Net loss	(64		)	(85		)	(94		)	(28		)	(75		)	(358		)	(149		)	(433		)
Less: Restructuring and other costs, after tax	(5		)	(13		)	(10		)	(9		)	(12		)	(10		)	(18		)	(22		)
Less: Loss on extinguishment of debt, after tax [2]	—			—			—			—			—			(138		)	—			(138		)
Less: Net reinsurance loss on dispositions, after tax [3]	—			—			—			—			—			(69		)	—			(69		)
Less: Net realized capital gains (losses), after tax and DAC, excluded from core losses	11			(9		)	8			(3		)	6			(68		)	2			(62		)
Core losses	$	(70	)	$	(63	)	$	(92	)	$	(16	)	$	(69	)	$	(73	)	$	(133	)	$	(142	)

[1] In the three months ended September 30, 2013 insurance operating costs and other expenses include a benefit of $57, before tax, for an insurance recovery from the Company's insurers

for past legal expenses associated with closed litigation and a benefit of $19, before tax, from the resolution of items under the Company's spin-off agreement with its former parent company.

[2] In the three months ended March 31, 2013 the Company repurchased approximately $800 of outstanding senior notes and debentures. Loss on extinguishment of debt consists of the premium

associated with repurchasing the debentures at an amount greater than the face amount, the write-off of the unamortized discount and debt issuance and other costs related to the repurchase

transactions.

[3]In the three months ended March 31, 2013 reinsurance loss on dispositions consists of a reduction in goodwill related to the sale of the Retirement Plans business.

THE HARTFORD FINANCIAL SERVICES GROUP, INC.

INVESTMENT EARNINGS BEFORE TAX

CONSOLIDATED

	THREE MONTHS ENDED												SIX MONTHS ENDED
	Jun 30 2014		Mar 31 2014		Dec 31 2013		Sept 30 2013		Jun 30 2013		Mar 31 2013		Jun 30 2014		Jun 30 2013
Net Investment Income (Loss)
Fixed maturities [1]
Taxable	483		498		500		521		529		535		981		1,064
Tax-exempt	118		118		118		117		116		116		236		232
Total fixed maturities	601		616		618		638		645		651		1,217		1,296
Equity securities, available-for-sale	7		7		9		7		8		6		14		14
Mortgage loans	66		66		69		65		62		64		132		126
Policy loans	19		20		21		20		22		20		39		42
Limited partnerships and other alternative investments [2]	53		97		80		46		95		66		150		161
Other [3]	48		43		44		40		37		46		91		83
Subtotal	794		849		841		816		869		853		1,643		1,722
Investment expense	(26	)	(25	)	(30	)	(29	)	(28	)	(28	)	(51	)	(56	)
Total net investment income	768		824		811		787		841		825		1,592		1,666
Annualized investment yield, before tax [4]	4.3	%	4.5	%	4.4	%	4.3	%	4.6	%	4.5	%	4.4	%	4.5	%
Annualized investment yield, after-tax [4]	3.0	%	3.2	%	3.1	%	3.0	%	3.1	%	3.1	%	3.1	%	3.1	%
Annualized investment yield, before tax, excluding limited partnership and other alternative investments [4]	4.1	%	4.2	%	4.2	%	4.2	%	4.2	%	4.3	%	4.2	%	4.3	%
New money yield [5]	3.8	%	3.9	%	4.0	%	4.4	%	3.6	%	3.4	%	3.9	%	3.5	%
Sales/maturities yield [6]	3.9	%	4.2	%	3.8	%	3.9	%	3.5	%	3.6	%	4.1	%	3.5	%
Portfolio duration (in years) [7]	5.1		5.0		5.2		5.3		5.5		5.4		5.1		5.5

[1] Includes income on short-term bonds.

[2] Alternative investments include income on real estate joint ventures and hedge fund investments outside of limited partnerships.

[3] Primarily represents income from derivatives that qualify for hedge accounting and are used to hedge fixed maturities.

[4] Represents annualized net investment income divided by the monthly average invested assets at cost, amortized cost, or adjusted carrying value, as applicable, excluding repurchase agreement and dollar roll collateral and derivatives book value. Yield calculations for each period exclude assets associated with the dispositions of HLIKK, the Retirement Plans and Individual Life businesses, and the Hartford Life International Limited business, as applicable.

[5] Represents the yield on fixed maturities and mortgage loans that were purchased during the respective period. Excludes U.S. Treasury securities and repurchase agreement and dollar roll collateral.

[6] Represents the yield on fixed maturities and mortgage loans that were sold, matured, or redeemed, including calls and pay-downs, during the respective period. Excludes U.S. Treasury securities and repurchase agreement and dollar roll collateral.

[7] Excludes certain short-term securities and derivative instruments related to hedging U.S. variable annuity liabilities and assets associated with the Company's former Japan annuities business.

THE HARTFORD FINANCIAL SERVICES GROUP, INC.

INVESTMENT EARNINGS BEFORE TAX

PROPERTY & CASUALTY COMBINED

	THREE MONTHS ENDED												SIX MONTHS ENDED
	Jun 30 2014		Mar 31 2014		Dec 31 2013		Sept 30 2013		Jun 30 2013		Mar 31 2013		Jun 30 2014		Jun 30 2013
Net Investment Income (Loss)
Fixed maturities [1]
Taxable	163		166		165		168		175		172		329		347
Tax-exempt	93		92		92		92		91		92		185		183
Total fixed maturities	256		258		257		260		266		264		514		530
Equity securities, available-for-sale	3		3		4		3		4		2		6		6
Mortgage loans	16		16		16		13		11		12		32		23
Limited partnerships and other alternative investments [2]	18		48		46		20		50		39		66		89
Other [3]	9		10		12		9		16		3		19		19
Subtotal	302		335		335		305		347		320		637		667
Investment expense	(10	)	(9	)	(11	)	(9	)	(9	)	(8	)	(19	)	(17	)
Total net investment income	292		326		324		296		338		312		618		650
Annualized investment yield, before tax [4]	4.1	%	4.5	%	4.5	%	4.2	%	4.8	%	4.5	%	4.3	%	4.5	%
Annualized investment yield, after-tax [4]	3.0	%	3.4	%	3.5	%	3.1	%	3.6	%	3.5	%	3.2	%	3.4	%
Annualized investment yield, before tax; excluding limited partnership and other alternative investments [4]	4.0	%	4.1	%	4.1	%	4.2	%	4.2	%	4.2	%	4.1	%	4.2	%
New money yield [5]	3.9	%	4.0	%	4.0	%	4.5	%	3.9	%	3.3	%	3.9	%	3.7	%
Sales/maturities yield [6]	4.2	%	4.3	%	4.0	%	4.4	%	3.8	%	3.8	%	4.2	%	3.8	%
Portfolio duration (in years)	4.6		4.5		5.3		5.4		5.5		5.3		4.6		5.5

[1] Includes income on short-term bonds.

[2] Alternative investments include income on real estate joint ventures and hedge fund investments outside of limited partnerships.

[3] Primarily represents income from derivatives that hedge fixed maturities and qualify for hedge accounting.

[4] Represents annualized net investment income divided by the monthly average invested assets at cost, amortized cost, or adjusted carrying value, as applicable, excluding repurchase

agreement and dollar roll collateral and derivatives book value.

[5] Represents the yield on fixed maturities and mortgage loans that were purchased during the respective period. Excludes U.S. Treasury securities and repurchase agreement and dollar roll collateral.

[6] Represents the yield on fixed maturities and mortgage loans that were sold, matured, or redeemed, including calls and pay-downs, during the respective period. Excludes U.S. Treasury securities and repurchase agreement and dollar roll collateral.

THE HARTFORD FINANCIAL SERVICES GROUP, INC.

NET INVESTMENT INCOME BY SEGMENT

CONSOLIDATED

	THREE MONTHS ENDED												SIX MONTHS ENDED
	Jun 30 2014		Mar 31 2014		Dec 31 2013		Sept 30 2013		Jun 30 2013		Mar 31 2013		Jun 30 2014		Jun 30 2013
Net Investment Income (Loss)
Commercial Markets	$	230	$	256	$	252	$	230	$	262	$	240	$	486	$	502
Consumer Markets	31		35		36		33		39		37		66		76
P&C Other Operations	31		35		36		33		37		35		66		72
Total Property & Casualty	292		326		324		296		338		312		618		650
Group Benefits	95		96		97		96		100		97		191		197
Talcott Resolution	376		400		382		389		403		403		776		806
Corporate	5		2		8		6		—		13		7		13
Total net investment income	$	768	$	824	$	811	$	787	$	841	$	825	$	1,592	$	1,666

THE HARTFORD FINANCIAL SERVICES GROUP, INC.

COMPONENTS OF NET REALIZED CAPITAL GAINS (LOSSES)

CONSOLIDATED

	THREE MONTHS ENDED																		SIX MONTHS ENDED
	Jun 30 2014			Mar 31 2014			Dec 31 2013			Sept 30 2013			Jun 30 2013			Mar 31 2013			Jun 30 2014			Jun 30 2013
Net Realized Capital Gains (Losses)
Gross gains on sales [1]	$	122		$	183		$	292		$	105		$	207		$	1,709		305			1,916
Gross losses on sales	(33		)	(129		)	(333		)	(137		)	(117		)	(72		)	(162		)	(189		)
Net impairment losses	(7		)	(22		)	(14		)	(26		)	(12		)	(21		)	(29		)	(33		)
Valuation allowances on mortgage loans	(3		)	—			(1		)	—			—			—			(3		)	—
Periodic net coupon settlements on credit derivatives [2]	2			(1		)	(3		)	(1		)	—			(4		)	1			(4		)
Results of variable annuity hedge program
GMWB derivatives, net	(6		)	15			43			203			(31		)	47			9			16
Macro hedge	(15		)	(10		)	(52		)	(50		)	(47		)	(85		)	(25		)	(132		)
Total results of variable annuity hedge program	(21		)	5			(9		)	153			(78		)	(38		)	(16		)	(116		)
Other net gain (loss) [3]	(64		)	(71		)	70			37			21			70			(135		)	91
Total net realized capital gains (losses)	$	(4	)	$	(35	)	$	2		$	131		$	21		$	1,644		$	(39	)	$	1,665
Less: Realized gain on dispositions, before tax	—			—			—			—			1			1,574			—			1,575
Less: Realized gains (losses), included in core earnings, before tax	7			—			(2		)	1			3			(3		)	7			—
Total net realized capital gains (losses) and other, before tax and DAC, excluded from core earnings (losses)	(11		)	(35		)	4			130			17			73			(46		)	90
Less: Impacts of DAC	(1		)	16			(10		)	28			(6		)	22			15			16
Less: Impacts of tax	(6		)	(17		)	3			39			1			26			(23		)	27
Total net realized capital gains (losses), net of tax and DAC, excluded from core earnings (losses)	$	(4	)	$	(34	)	$	11		$	63		$	22		$	25		$	(38	)	$	47

[1] Includes $1.5 billion of gains for the three months ended March 31, 2013 relating to the sales of the Retirement Plans and Individual Life businesses.

[2] Included in core earnings.

[3] Primarily consists of changes in value of non-qualifying derivatives including interest rate derivatives used to manage duration and the Japan 3Win fixed payout annuity hedge. Includes $71 of derivative gains relating to the sales of the Retirement Plans and Individual Life businesses for the three months ended March 31, 2013.

THE HARTFORD FINANCIAL SERVICES GROUP, INC.

COMPOSITION OF INVESTED ASSETS

CONSOLIDATED

	Jun 30 2014				Mar 31 2014				Dec 31 2013				Sept 30 2013				Jun 30 2013
	Amount [1]		Percent		Amount [1]		Percent		Amount [1]		Percent		Amount [1]		Percent		Amount [1]		Percent
Total investments	$	76,239	100.0	%	$	97,084	100.0	%	$	98,401	100.0	%	$	103,064	100.0	%	$	105,520	100.0	%
Less: Equity securities, trading	12		—	%	17,418		17.9	%	19,745		20.1	%	22,343		21.7	%	23,362		22.1	%
Total investments excluding trading securities	$	76,227	100.0	%	$	79,666	82.1	%	$	78,656	79.9	%	$	80,721	78.3	%	$	82,158	77.9	%
Asset-backed securities	$	2,309	3.8	%	$	2,252	3.6	%	$	2,365	3.8	%	$	2,362	3.7	%	$	2,453	3.8	%
Collateralized debt obligations	2,434		4.0	%	2,394		3.8	%	2,387		3.8	%	2,550		4.0	%	2,623		4.0	%
Commercial mortgage-backed securities	4,696		7.8	%	4,568		7.2	%	4,446		7.1	%	4,489		7.0	%	4,733		7.3	%
Corporate	28,668		47.7	%	29,040		45.8	%	28,490		45.7	%	28,770		45.0	%	29,666		45.7	%
Foreign government/government agencies	1,707		2.8	%	4,050		6.4	%	4,104		6.6	%	3,968		6.2	%	3,825		5.9	%
Municipal	12,713		21.1	%	12,682		20.0	%	12,173		19.5	%	12,543		19.6	%	12,569		19.4	%
Residential mortgage-backed securities	4,426		7.3	%	4,556		7.2	%	4,647		7.5	%	5,086		7.9	%	5,167		8.0	%
U.S. Treasuries	3,293		5.5	%	3,797		6.0	%	3,745		6.0	%	4,255		6.6	%	3,845		5.9	%
Total fixed maturities, available-for-sale	$	60,246	100.0	%	$	63,339	100.0	%	$	62,357	100.0	%	$	64,023	100.0	%	$	64,881	100.0	%
U.S. government/government agencies	$	7,569	12.6	%	$	8,194	12.9	%	$	8,208	13.2	%	$	8,923	13.9	%	$	8,588	13.2	%
AAA	6,731		11.2	%	6,410		10.1	%	6,376		10.2	%	6,377		10.0	%	6,638		10.2	%
AA	10,458		17.4	%	12,930		20.4	%	12,273		19.7	%	12,923		20.2	%	13,273		20.5	%
A	16,437		27.3	%	16,084		25.4	%	15,498		24.9	%	15,412		24.1	%	15,514		23.9	%
BBB	15,402		25.4	%	16,006		25.3	%	16,087		25.7	%	16,187		25.2	%	16,570		25.6	%
BB & below	3,649		6.1	%	3,715		5.9	%	3,915		6.3	%	4,201		6.6	%	4,298		6.6	%
Total fixed maturities, available-for-sale	$	60,246	100.0	%	$	63,339	100.0	%	$	62,357	100.0	%	$	64,023	100.0	%	$	64,881	100.0	%

[1] Amount represents the value at which the assets are presented on the Consolidating Balance Sheets. Consolidating Balance Sheets are presented on page 4.

THE HARTFORD FINANCIAL SERVICES GROUP, INC.

INVESTED ASSET EXPOSURES

	As of Jun 30, 2014
	Cost or Amortized Cost		Fair Value		Percent of Total Invested Assets [1]
Top Ten Corporate and Equity, Available-for-sale, Exposures by Sector
Financial Services	$	5,384	$	5,718	7.5	%
Utilities	4,488		4,945		6.5	%
Consumer non-cyclical	3,470		3,833		5.0	%
Energy	3,411		3,782		5.0	%
Technology and communications	3,197		3,559		4.7	%
Basic Industry	2,363		2,528		3.3	%
Capital goods	1,933		2,139		2.8	%
Consumer cyclical	1,674		1,804		2.4	%
Transportation	891		974		1.3	%
Other	191		209		0.3	%
Total	$	27,002	$	29,491	38.8	%
Top Ten Exposures by Issuer [2]
JP Morgan Money Market Fund	$	362	$	362	0.5	%
State of Illinois	293		308		0.4	%
Goldman Sachs Group Inc.	272		296		0.4	%
HSBC Holdings PLC	266		281		0.4	%
JP Morgan Chase & Co.	285		277		0.4	%
State of California	241		275		0.4	%
Morgan Stanley Institutional Liquidity Funds	275		275		0.4	%
National Grid PLC	240		274		0.4	%
Commonwealth of Massachusetts	240		267		0.4	%
Bank of America Corp.	244		250		0.3	%
Total	$	2,718	$	2,865	4.0	%

[1] Excludes equity securities, trading.  

[2] Excludes U.S. government and government agency securities, mortgage obligations issued by government sponsored agencies, cash equivalent securities, exposures resulting

from derivative transactions and equity securities, trading.

[3] These securities are included in short-term investments, fixed maturities, AFS, and fixed maturities, fair value option on the Company’s Consolidating Balance Sheets.

THE HARTFORD FINANCIAL SERVICES GROUP, INC.

APPENDIX

BASIS OF PRESENTATION AND DEFINITIONS

All amounts are in millions, except for per share and ratio information unless otherwise stated. Amounts presented throughout this document have been rounded for presentation purposes.

The Hartford Financial Services Group, Inc. (the "Company", "we", or "our") currently conducts business principally in six reporting segments, Property & Casualty Commercial, Consumer Markets, Property & Casualty Other Operations, Group Benefits, Mutual Funds and Talcott Resolution, as well as a Corporate category. On June 30, 2014, the Company completed the sale of Hartford Life Insurance KK, a Japanese company ("HLIKK"). HLIKK sold variable and fixed annuities in Japan from 2001 to 2009 and has been in runoff since 2009. The results of operations of the Company's Japan business have been retrospectively reclassified from continuing operations and included as a discontinued operation in the Company's results of operations for all periods presented herein.

The consolidating balance sheets and certain balance sheet measures incorporated herein are presented as follows: Life consists of Talcott Resolution, Mutual Funds, Group Benefits, and an Other category. Property & Casualty ("P&C") consists of P&C Commercial, Consumer Markets and P&C Other Operations. Corporate consists of the Corporate category.

Property & Casualty is organized into three reporting segments; P&C Commercial, Consumer Markets and P&C Other Operations ("Property & Casualty Combined"). P&C Commercial provides workers' compensation, property, automobile, liability and umbrella coverages under several different products, primarily throughout the United States (“U.S.”), within its standard commercial lines, which consists of the Company's small commercial and middle market lines of business. Additionally, a variety of customized insurance products and risk management services including workers' compensation, automobile, general liability, professional liability, fidelity, surety, livestock and specialty casualty coverages are offered through the segment's specialty lines. Consumer Markets provides standard automobile, homeowners and home-based business coverages to individuals across the U.S., including a special program designed exclusively for members of AARP. P&C Other Operations includes certain property and casualty operations, currently managed by the Company, that have discontinued writing new business and substantially all of the Company's asbestos and environmental exposures.

Group Benefits provides employers, associations, affinity groups and financial institutions with group life, accident and disability coverage, along with other products and services, including voluntary benefits and group retiree health.

Mutual Funds offers mutual funds for retail accounts such as retirement plans and 529 college savings plans and provides investment-management and administrative services such as product design, implementation and oversight.

Talcott Resolution is comprised of runoff business from the Company's U.S. annuity, the retained Japan fixed payout annuity liabilities, and institutional and private-placement life insurance businesses, as well as the Japan business sold in June 2014, the Retirement Plans and Individual Life businesses sold in January 2013, and the U.K. variable annuity business sold in December 2013.

Corporate includes the Company's debt financing and related interest expense, as well as other capital raising activities, certain purchase accounting adjustments and other charges not allocated to the segments.

Certain operating and statistical measures have been incorporated herein to provide supplemental data that indicate current trends in the Company's business. These measures include sales, deposits, net flows, account value, insurance in-force, premium retention, renewal written price increases and policy count retention. Premium retention is defined as renewal premium written in the current period divided by total premium written in the prior period. Renewal written price increases represent the combined effect of rate changes and amount of insurance per unit of exposure since the prior year. Policy count retention represents the ratio of the number of policies renewed during the period divided by the number of policies from the previous policy term period.

The Company, 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 Company, 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.

DISCUSSION OF NON-GAAP AND OTHER FINANCIAL MEASURES

The Company 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 Company's calculation of these measures may differ from similar measures used by other companies, investors should be careful when comparing the Company's non-GAAP and other financial measures to those of other companies.

The Company uses the non-GAAP financial measure core earnings as an important measure of the Company's operating performance. We believe that 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 including the net effect of certain realized capital gains and losses, discontinued operations, loss on extinguishment of debt, gains and losses from disposal of businesses, certain restructuring charges and the impact of Unlocks to deferred policy acquisition costs (“DAC”), sales inducement assets ("SIA"), unearned revenue reserve ("URR") and death and other insurance benefit reserve balances. 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 (after tax and the effects of DAC) that tend to be highly variable from period to period based on capital market conditions. We believe, 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. These net realized gains and losses are directly related to an offsetting item included in the income statement such as net investment income. 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 the Company's business. Therefore, we believe that it is useful for investors to evaluate both net income and core earnings when reviewing the Company's performance. A reconciliation of core earnings to net income (loss) for the periods presented herein is set forth on page 2.

Core earnings per share is calculated based on the non-GAAP financial measure core earnings. We believe 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 the Company's business. Therefore, we believe that it is useful for investors to evaluate both net income per share and core earnings per share when reviewing our performance.

Book value per common share excluding AOCI is calculated based upon a non-GAAP financial measure. It is calculated by dividing (a) common stockholders' equity, excluding AOCI, after tax, by (b) common shares outstanding. The Company 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. We believe 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 1.

Book value per diluted share, excluding AOCI, is calculated based upon a non-GAAP financial measure. It is calculated by dividing (a) total stockholders' equity, excluding AOCI, after tax, by (b) common shares outstanding and dilutive potential common shares. The Company 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. We believe 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 1.

The Company provides different measures of the return on common equity (“ROE”). 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 Mandatory Convertible preferred stock (“MCP”) is included in average common stockholders' equity and MCP dividends are added back to net income (loss) available to common shareholders and core earnings (losses) available to common shareholders. The Company 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 Company 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.

Written premiums is a statutory accounting financial measure used by the Company as an important indicator of the operating performance of the Company's P&C Commercial and Consumer Markets operations. Because writtenpremiums represents the amount of premium charged for policies issued, net of reinsurance, during a fiscal period, the Company believes it is useful to investors because it reflects current trends in the Company'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 P&C Commercial and Consumer Markets is set forth herein on pages 12 and 15, respectively.

The Company's management evaluates profitability of the P&C businesses primarily on the basis of underwriting gain (loss). Underwriting gain (loss) is a before tax measure that represents earned premiums less incurred losses, loss adjustment expenses and underwriting expenses. Underwriting gain (loss) is influenced significantly by earned premium growth and the adequacy of the Company's pricing. Underwriting profitability over time is also greatly influenced by the Company'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. We believe that underwriting gain (loss) provides investors with a valuable measure of before tax profitability derived from underwriting activities, which are managed separately from the Company's investing activities.

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 Company believes that a discussion of the effect of catastrophes is meaningful for investors to understand the variability of periodic earnings.

After-tax margin, excluding buyouts and realized gains (losses), is a non-GAAP financial measure that the Company uses to evaluate, and believes is an important measure of, the Group Benefits segment's operating performance. After-tax margin is the most directly comparable U.S. GAAP measure. We believe that after-tax margin, excluding buyouts and realized gains (losses), provides investors with a valuable measure of the performance of certain of the Company's on-going businesses because it reveals trends in those businesses that may be obscured by the effect of realized gains (losses). After-tax margin, excluding buyouts and realized gains (losses), should not be considered as a substitute for after-tax margin and does not reflect the overall profitability of our businesses. Therefore, we believe it is important for investors to evaluate both after-tax margin, excluding buyouts and realized gains (losses), and after-tax margin when reviewing the Company's performance. After-tax margin, excluding buyouts and realized gains (losses) is calculated by dividing core earnings excluding buyouts and realized gains (losses) by total core revenues excluding buyouts and realized gains (losses).

ROA, core earnings is a non-GAAP financial measure that the Company uses to evaluate the Mutual Funds and Talcott Resolution segments' operating performance. ROA is the most directly comparable U.S. GAAP measure. We believe that ROA, core earnings, provides investors with a valuable measure of the performance of these businesses because it reveals trends in our businesses that may be obscured by the effect of realized gains (losses). ROA, core earnings, should not be considered as a substitute for ROA and does not reflect the overall profitability of our businesses. Therefore, we believe it is important for investors to evaluate both ROA, core earnings, and ROA when reviewing the Company's performance.