Exhibit 12.01

THE HARTFORD FINANCIAL SERVICES GROUP, INC.

COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES AND EARNINGS
TO COMBINED FIXED CHARGES AND PREFERRED STOCK DIVIDENDS [1]

(In millions)	2004		2003			2002		2001		2000
Earnings	$	2,523	$	(550	)	$	1,068	$	341	$	1,418
Add:
Fixed Charges
Interest expense		251		271			265		295		250
Interest factor attributable to rentals		64		76			73		72		67
Interest credited to contractholders		2,481		1,120			1,048		1,050		964
Total fixed charges		2,796		1,467			1,386		1,417		1,281
Total fixed charges excluding interest credited to contractholders		315		347			338		367		317
Earnings, as defined		5,319		917			2,454		1,758		2,699
Earnings, as defined, excluding interest credited to contractholders	$	2,838	$	(203	)	$	1,406	$	708	$	1,735
Ratios
Earnings, as defined, to total fixed charges [2] [3]		1.9	NM				1.8		1.2		2.1
Earnings, as defined, excluding interest credited to contractholders, total fixed charges excluding interest credited to contractholders [2] [4] [5]		9.0	NM				4.2		1.9		5.5
Deficiency of earnings to fixed charges and preference dividends [6]	$	—	$	550		$	—	$	—	$	—

[1]	The Company had no dividends on preferred stock for the years 2000 to 2004.
[2]	NM: Not meaningful.
[3]	Before the impact of September 11 of $678, the 2001 ratio of earnings to fixed charges was 1.6.
[4]	Before the impact of September 11 of $678, the 2001 ratio of earnings to fixed charges excluding interest credited to contractholders was 3.8.
[5]	This secondary ratio is disclosed for the convenience of fixed income investors and the rating agencies that serve them and is more comparable to the ratios disclosed by all issuers of fixed income securities.
[6]	Represents additional earnings that would be necessary to result in a one to one ratio of consolidated earnings to fixed charges and preference dividends. This amount includes a before-tax charge of $2.6 billion related to the Company’s 2003 asbestos reserve addition.