Exhibit 99.1

THE HARTFORD FINANCIAL SERVICES GROUP, INC.

Address:
One Hartford Plaza
Hartford, CT 06155

Internet address:
http://www.thehartford.com

Contacts:
Kimberly Johnson
Senior Vice President
Investor Relations
Phone (860) 547-6781

JR (John) Reilly
Assistant Vice President
Investor Relations
Phone (860) 547-9140

Margaret Mann
Program Assistant
Investor Relations
Phone (860) 547-3800

As of April 24, 2007

	A.M. Best		Fitch		Standard & Poor’s		Moody’s
Insurance Financial Strength Ratings:
Hartford Fire Insurance Company		A+	AA		AA-		Aa3
Hartford Life Insurance Company		A+	AA		AA-		Aa3
Hartford Life & Accident Insurance Company		A+	AA		AA-		Aa3
Hartford Life & Annuity Insurance Company		A+	AA		AA-		Aa3
Hartford Life Insurance KK (Japan)		—		—	AA-			—
Hartford Life Limited (Ireland)		—		—	AA-			—
Other Ratings:
The Hartford Financial Services Group, Inc.:
Senior debt		a-		A		A		A2
Commercial paper	AMB-2			F1		A-1		P-1
Hartford Life, Inc.:
Senior debt		a-		A		A		A2
Hartford Life Insurance Company:
Short term rating		—		—		A-1+		P-1
Consumer notes		a+	AA-		AA-			A1

TRANSFER AGENT
The Bank of New York
Shareholder Relations Department — 12E
P.O. Box 11258
Church Street Station
New York, NY 10286
1 (800) 254-2823

COMMON STOCK

Common stock of The Hartford Financial Services Group, Inc. is traded on the New York Stock Exchange under the symbol “HIG”.

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 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

Basis of Presentation	i, ii, iii
CONSOLIDATED
Consolidated Financial Results		C-1
Operating Results by Segment		C-2
Analysis of Operating Results by Segment		C-2a
Consolidating Statements of Operations
Three Months Ended March 31, 2007 and 2006		C-3
Consolidating Balance Sheets
As of March 31, 2007 and December 31, 2006		C-4
Capital Structure		C-5
Accumulated Other Comprehensive Income (Loss)		C-6
Computation of Basic and Diluted Earnings Per Share		C-7
Analysis of Net Realized Capital Gains and Losses
Three Months Ended March 31, 2007 and 2006		C-8
Computation of Return-on-Equity Measures		C-9
LIFE
Financial Highlights		L-1
Operating Results		L-2
Total Assets Under Management		L-3
Consolidated Balance Sheets		L-4
Deferred Policy Acquisition Costs and Present Value of Future Profits		L-5
Supplemental Data — Annuity Death and Income Benefits		L-6
Reinsurance Recoverable Analysis
As of December 31, 2006		L-7
Statutory Surplus to GAAP Stockholders’ Equity Reconciliation		L-8
Retail Products Group
Income Statements
Individual Annuity		L-9
Other		L-10
Supplemental Data
Deposits		L-11
Assets Under Management		L-12
Individual Annuity — Account Value
Rollforward		L-13
Other Retail — Asset Rollforward		L-14
Retirement Plans
Income Statements		L-15
Supplemental Data
Deposits		L-16
Assets Under Management		L-17
Account Value Rollforward		L-18
Institutional Solutions Group
Income Statements		L-19
Supplemental Data
Deposits		L-20
Assets Under Management		L-21
Account Value and Asset Rollforward		L-22
Individual Life
Income Statements		L-23
Supplemental Data		L-24
Account Value Rollforward		L-25
Group Benefits
Income Statements		L-26
Supplemental Data		L-27
International
Highlights		L-28
Japan
Income Statements		L-29
Supplemental Data — Account Value Rollforward in Dollars		L-30
Supplemental Data — Account Value Rollforward in Yen		L-31

PROPERTY & CASUALTY
Financial Highlights	PC-1
Operating Results	PC-2
Ongoing Operations Operating Results	PC-3
Ongoing Operations Consolidating Underwriting Results
Three Months Ended March 31, 2007	PC-4
Ongoing Operations Underwriting Results	PC-5
Business Insurance Underwriting Results	PC-6
Business Insurance Written and Earned Premiums	PC-7
Personal Lines Underwriting Results	PC-8
Personal Lines Written and Earned Premiums	PC-9
Specialty Commercial Underwriting Results	PC-10
Specialty Commercial Written and Earned Premiums	PC-11
Other Operations Operating Results	PC-12
Other Operations Losses and Loss Adjustment Expenses	PC-13
Paid and Incurred Loss and Loss Adjustment Expense Development — A&E	PC-14
Unpaid Loss and Loss Adjustment Expense Reserve Rollforward
Three Months Ended March 31, 2007	PC-15
Reinsurance Recoverable Analysis	PC-16
Consolidated Income Statements	PC-17
Consolidated Balance Sheets	PC-18
Statutory Surplus to GAAP Stockholders’ Equity Reconciliation	PC-19
INVESTMENTS
Investment Earnings Before-tax
Consolidated	I-1
Life	I-2
Property & Casualty	I-3
Corporate	I-4
Composition of Invested Assets
Consolidated	I-5
Life	I-6
Property & Casualty	I-7
Unrealized Loss Aging
Consolidated	I-8
Life	I-9
Property & Casualty	I-10
Invested Asset Exposures
As of March 31, 2007	I-11

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
BASIS OF PRESENTATION

     DEFINITIONS AND PRESENTATION

• All amounts are in millions, except for per share and ratio information unless otherwise stated.

• Life is organized into six reportable operating segments: Retail Products Group, Retirement Plans, Institutional Solutions Group, Individual Life, Group Benefits and International. Life also includes in an Other category its leveraged PPLI product line of business; corporate items not directly allocated to any of its reportable operating segments; net realized capital gains and losses on fixed maturity sales generated from movements in interest rates, less amortization of those gains or losses back to the reportable segments; net realized capital gains and losses generated from credit related events, less a credit risk fee charged to the reportable segments; net realized capital gains and losses from non-qualifying derivative strategies (including embedded derivatives) other than the net periodic coupon settlements on credit derivatives and the net periodic coupon settlements on the cross currency swap used to economically hedge currency and interest rate risk generated from sales of Life’s yen based fixed annuity, which are allocated to the reportable segments; the mark-to-market adjustment for the equity securities held for trading reported in net investment income and the related change in interest credited reported as a component of benefits, losses and loss adjustment expenses because these items are not considered by Life’s chief operating decision maker in evaluating the International results of operations; and intersegment eliminations.

• Property & Casualty includes Ongoing Operations and Other Operations. Ongoing Operations includes the underwriting results of the Business Insurance, Personal Lines and Specialty Commercial segments. Other Operations includes the underwriting results of certain property and casualty insurance operations that have discontinued writing new business and substantially all of the Company’s asbestos and environmental exposures. The profitability of the Business Insurance, Personal Lines and Specialty Commercial segments are evaluated primarily based on underwriting results. The Company allocates income and expense items not directly attributed to the underwriting segments, such as net investment income, net realized capital gains and losses, other expenses and income taxes, to Ongoing Operations and Other Operations, respectively. The profitability of Ongoing Operations and the Other Operations segment is evaluated based on net income.

• Corporate primarily includes the Company’s debt financing and related interest expense, as well as certain capital raising and purchase accounting adjustment activities.

• Certain operating and statistical measures have been incorporated herein to provide supplemental data that indicate current trends in The Hartford’s business. These measures include sales, deposits, net flows, account value, insurance in-force and premium retention. Premium retention is defined as renewal premium written in the current period divided by total premium written in the prior period.

• The Hartford, 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 Hartford, 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.

• Accumulated other comprehensive income (“AOCI”) represents net of tax unrealized gain (loss) on available-for-sale securities; net gain (loss) on cash-flow hedging instruments; foreign currency translation adjustments; and pension and other postretirement adjustments.

• Assets under management is an internal performance measure used by the Company because a significant portion of the Company’s revenues are based upon asset values. These revenues increase or decrease with a rise or fall, correspondingly, in the level of assets under management.

• Investment yield, before- or after-tax, is calculated by dividing before- or after-tax, respectively, annualized net investment income (excluding net realized capital gains (losses) and change in fair value of trading securities) by average invested assets at cost (fixed maturities at amortized cost, excluding trading securities).

• Certain reclassifications have been made to the prior periods to conform to the March 31, 2007 presentation.

• NM — Not meaningful means increases or decreases greater than or equal to 200%, or changes from a net gain to a net loss position, or vice versa.

i 

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
BASIS OF PRESENTATION (CONTINUED)

	DISCUSSION OF NON-GAAP AND OTHER FINANCIAL MEASURES
•	The Hartford 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 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 and other financial measures to those of other companies.
•	The Hartford uses the non-GAAP financial 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 the net effect of certain realized capital gains and losses. 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 deferred policy acquisition costs) 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. Core earnings is also used by management to assess our operating performance and is one of the measures considered in determining incentive compensation for our managers. 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 our business. Therefore, The Hartford believes that it is useful for investors to evaluate both net income and core earnings when reviewing the Company’s performance. A reconciliation of net income to core earnings for the periods presented herein is set forth on page C-7.
•	Core earnings per share is calculated based on the non-GAAP financial measure core earnings. The Hartford believes 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 our business. Therefore, the Hartford believes that it is useful for investors to evaluate both net income per share and core earnings per share when reviewing our performance. A reconciliation of net income per share to core earnings per share for the periods presented herein is set forth on page C-7.
•	Written premiums is a statutory accounting financial measure used by The Hartford as an important indicator of the operating performance of the Company’s property and casualty operations. Because written premiums represents the amount of premium charged for policies issued, net of reinsurance, during a fiscal period, The Hartford believes it is useful to investors because it reflects current trends in The Hartford’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 the periods presented herein is set forth at page PC-2.
•	The profitability of the Business Insurance, Personal Lines and Specialty Commercial underwriting segments is evaluated by The Hartford’s management primarily based upon underwriting results. Underwriting results is a before-tax measure that represents earned premiums less incurred losses, loss adjustment expenses and underwriting expenses. Net income is the most directly comparable GAAP measure. Underwriting results are 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, 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. The Hartford believes that underwriting results provides investors with a valuable measure of before-tax profitability derived from underwriting activities, which are managed separately from the Company’s investing activities. Underwriting results is also presented for Ongoing Operations, Other Operations and total Property & Casualty. A reconciliation of underwriting results to net income for total Property & Casualty, Ongoing Operations and Other Operations is set forth on pages PC-2, PC-3 and PC-12, respectively.
•	A catastrophe is a severe loss, resulting from natural or manmade events, including risks such as fire, earthquake, windstorm, explosion, terrorism or other 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 Hartford believes that a discussion of the effect of catastrophes is meaningful for investors to understand the variability of periodic earnings.
•	Underwriting results before catastrophes and prior year development is a non-GAAP financial measure because it excludes the effects of catastrophes, prior year development and the reduction in earned premiums relating to retrospectively rated policies. The Company believes that this measure is useful to investors as an additional measure of Property & Casualty’s current operations, because it excludes the effect of items relating to prior periods. Net income is the most directly comparable GAAP measure. A reconciliation of the adjusted underwriting results to underwriting results and net income for the periods presented herein are set forth on page C-2a.

ii 

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
BASIS OF PRESENTATION (CONTINUED)

	DISCUSSION OF NON-GAAP AND OTHER FINANCIAL MEASURES (CONTINUED)
•	Book value per share excluding AOCI is calculated based upon a non-GAAP financial measure. It is calculated by dividing (a) stockholders’ equity excluding AOCI, net of tax, by (b) common shares outstanding. The Hartford provides book value per 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. The Hartford believes book value per share excluding AOCI is useful to investors because it eliminates the effect of items which typically fluctuate significantly from period to period, primarily based on changes in interest rates. Book value per share is the most directly comparable GAAP measure. A reconciliation of book value per share to book value per share excluding AOCI for the periods presented herein is set forth at page C-1.
•	The Hartford provides different measures of the return on equity (“ROE”) of the Company. ROE (core earnings last twelve months to equity excluding AOCI), is calculated based on non-GAAP financial measures. ROE (core earnings last twelve months to equity excluding AOCI) is calculated by dividing (a) core earnings for the prior four fiscal quarters by (b) average stockholders’ equity excluding AOCI. The Hartford 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 Hartford 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 equity including AOCI) is the most directly comparable GAAP measure. A reconciliation of the non-GAAP return-on-equity measures for the periods presented herein to ROE (net income last twelve months to equity including AOCI) is set forth at page C-9.

iii 

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
CONSOLIDATED FINANCIAL RESULTS

	THREE MONTHS ENDED															Year Over			Sequential
	Mar. 31,			Jun. 30,			Sept. 30,			Dec. 31,			Mar. 31,			Year			3 Month
	2006			2006			2006			2006			2007			Change			Change
HIGHLIGHTS
Net income	$	728		$	476		$	758		$	783		$	876			20	%		12	%
Core earnings	$	797		$	573		$	727		$	768		$	843			6	%		10	%
Total revenues	$	6,543		$	4,971		$	7,407		$	7,579		$	6,759			3	%		(11	%)
Total assets	$	295,375		$	294,938		$	304,794		$	326,710		$	332,711			13	%		2	%
Total assets under management [1]	$	336,484		$	337,182		$	350,896		$	377,599		$	386,793			15	%		2	%
PER SHARE AND SHARES DATA
Basic earnings per share
Net income	$	2.41		$	1.57		$	2.45		$	2.45		$	2.74			14	%		12	%
Core earnings	$	2.64		$	1.89		$	2.35		$	2.40		$	2.64			—			10	%
Diluted earnings per share
Net income	$	2.34		$	1.52		$	2.39		$	2.42		$	2.71			16	%		12	%
Core earnings	$	2.56		$	1.83		$	2.30		$	2.37		$	2.61			2	%		10	%
Weighted average common shares outstanding (basic)		302.2			303.3			310.0			319.7			319.6		17.4		sh		(0.1	)
Weighted average common shares outstanding and dilutive potential common shares (diluted)		310.9			312.3			316.7			323.9			322.7		11.8		sh		(1.2	)
Common shares outstanding		303.0			304.1			316.6			323.3			316.4		13.4		sh		(6.9	)
Book value per share	$	50.86		$	50.59		$	56.01		$	58.39		$	59.58			17	%		2	%
Per share impact of AOCI	$	(1.51	)	$	(3.03	)	$	0.20		$	0.56		$	0.56		NM				—
Book value per share (excluding AOCI)	$	52.37		$	53.62		$	55.81		$	57.83		$	59.02			13	%		2	%
FINANCIAL RATIOS
ROE (net income last 12 months to equity including AOCI) [2]		15.8	%		14.3	%		14.7	%		16.1	%		16.9	%		1.1			0.8
ROE (core earnings last 12 months to equity excluding AOCI) [2]		16.7	%		15.9	%		16.0	%		16.9	%		16.9	%		0.2			—
Debt to capitalization including AOCI		23.6	%		23.7	%		18.7	%		17.9	%		19.2	%		(4.4	)		1.3
Investment yield, after-tax		3.9	%		3.9	%		3.9	%		4.0	%		4.1	%		0.2			0.1
Ongoing Property & Casualty GAAP combined ratio		88.8			89.3			90.4			88.9			88.8			—			0.1

[1]	Includes mutual fund assets (see page L-3) and third party assets managed by HIMCO (see page I-5).
[2]	See page C-9 for a computation of return-on-equity measures.

C-1

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
OPERATING RESULTS BY SEGMENT

(A reconciliation of core earnings to net income for each of the segments is set forth on the respective segment pages contained in this supplement.)

	THREE MONTHS ENDED															Year over			Sequential
	Mar. 31,			Jun. 30,			Sept. 30,			Dec. 31,			Mar. 31,			Year			3 Month
	2006			2006			2006			2006			2007			Change			Change
LIFE
Retail Products Group
Individual Annuity	$	160		$	155		$	170		$	86		$	174			9	%		102	%
Other Retail		16			11			14			16			15			(6	%)		(6	%)
Total Retail Products Group		176			166			184			102			189			7	%		85	%
Retirement Plans		21			22			21			45			23			10	%		(49	%)
Institutional Solutions Group		22			29			24			24			33			50	%		38	%
Individual Life		45			48			46			31			46			2	%		48	%
Group Benefits		68			74			74			87			66			(3	%)		(24	%)
International		46			52			47			101			54			17	%		(47	%)
Other [1] [2]		40			(5	)		11			4			7			(83	%)		75	%
Total Life core earnings [3]	$	418		$	386		$	407		$	394		$	418			—			6	%
PROPERTY & CASUALTY
Ongoing Operations
Ongoing Operations Underwriting Results
Business Insurance	$	134		$	197		$	123		$	164		$	124			(7	%)		(24	%)
Personal Lines		106			126			89			108			130			23	%		20	%
Specialty Commercial		47			(43	)		41			19			39			(17	%)		105	%
Total Ongoing Operations underwriting results		287			280			253			291			293			2	%		1	%
Net servicing income		18			12			15			8			11			(39	%)		38	%
Net investment income		291			296			299			339			351			21	%		4	%
Periodic net coupon settlements on credit derivatives, before-tax		—			1			1			2			3			NM			50	%
Other expenses		(53	)		(75	)		(40	)		(54	)		(60	)		(13	%)		(11	%)
Income tax expense		(157	)		(153	)		(160	)		(174	)		(178	)		(13	%)		(2	%)
Ongoing Operations core earnings	$	386		$	361		$	368		$	412		$	420			9	%		2	%
Other Operations core earnings [4]	$	35		$	(126	)	$	3		$	36		$	28			(20	%)		(22	%)
Total Property & Casualty core earnings	$	421		$	235		$	371		$	448		$	448			6	%		-
CORPORATE
Total Corporate core earnings [3]	$	(42	)	$	(48	)	$	(51	)	$	(74	)	$	(23	)		45	%		69	%
CONSOLIDATED
Core earnings	$	797		$	573		$	727		$	768		$	843			6	%		10	%
Add: Net realized capital gains (losses), after-tax [3], [5]		(69	)		(97	)		31			15			33			NM			120	%
Net income	$	728		$	476		$	758		$	783		$	876			20	%		12	%
PER SHARE DATA [6]
Diluted earnings per share
Core earnings	$	2.56		$	1.83		$	2.30		$	2.37		$	2.61			2	%		10	%
Net income	$	2.34		$	1.52		$	2.39		$	2.42		$	2.71			16	%		12	%

[1]	Included in the three months ended March 31, 2006 is a charge of $7, after-tax, to reserve for regulatory matters.
[2]	Included in the three months ended March 31, 2006 is a $34 benefit, after-tax, due to a reduction in litigation reserves related to leveraged corporate owned life insurance products.
[3]	Included in the three months ended December 31, 2006 in Life core earnings, Corporate core earnings and net realized gain (losses), after-tax, is $(17), $(13), and $(46), respectively, related to the effect of the unlock of deferred acquisition costs. See L-1 for further details by Life segment.
[4]	The three months ended June 30, 2006 included a charge of $158, after-tax, as a result of the agreement with Equitas and the Company’s evaluation of the reinsurance recoverables and allowance for uncollectible reinsurance associated with older, long-term casualty liabilities.
[5]	Includes those net realized capital gains (losses) not included in core earnings. See page C-8 further analysis.
[6]	See page C-7 for reconciliation of net income to core earnings.

C-2

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
ANALYSIS OF OPERATING RESULTS BY SEGMENT
(A reconciliation of core earnings to net income for each of the segments is set forth on the respective segment pages contained in this supplement.)

	THREE MONTHS ENDED															Year Over			Sequential
	Mar. 31,			Jun. 30,			Sept. 30,			Dec. 31,			Mar. 31,			Year			3 Month
	2006			2006			2006			2006			2007			Change			Change
LIFE
Retail Products Group
Individual Annuity	$	160		$	155		$	170		$	86		$	174			9	%		102	%
Other Retail		16			11			14			16			15			(6	%)		(6	%)
Total Retail Products Group		176			166			184			102			189			7	%		85	%
Retirement Plans		21			22			21			45			23			10	%		(49	%)
Institutional Solutions Group		22			29			24			24			33			50	%		38	%
Individual Life		45			48			46			31			46			2	%		48	%
Group Benefits		68			74			74			87			66			(3	%)		(24	%)
International		46			52			47			101			54			17	%		(47	%)
Other [1] [2]		40			(5	)		11			4			7			(83	%)		75	%
Total Life core earnings [3]	$	418		$	386		$	407		$	394		$	418			—			6	%
PROPERTY & CASUALTY
Ongoing Operations Underwriting Results Before Catastrophe Impacts and Prior Year Development:
Business Insurance		159			185			128			156			142			(11	%)		(9	%)
Personal Lines		143			135			104			129			151			6	%		17	%
Specialty Commercial		20			24			43			20			32			60	%		60	%
Total Ongoing Operations underwriting results before catastrophe impacts and prior year development		322			344			275			305			325			1	%		7	%
Catastrophe impacts, excluding prior year development		(41	)		(73	)		(50	)		(35	)		(28	)		32	%		20	%
Prior year reserve development:
Catastrophe loss and loss adjustment expenses		18			17			39			(4	)		5			(72	%)		NM
Other loss and loss adjustment expenses		(12	)		(8	)		(11	)		25			(9	)		25	%		NM
Total Ongoing Operations underwriting results		287			280			253			291			293			2	%		1	%
Net servicing income		18			12			15			8			11			(39	%)		38	%
Net investment income		291			296			299			339			351			21	%		4	%
Periodic net coupon settlements on credit derivatives, before-tax		—			1			1			2			3			NM			50	%
Other expenses		(53	)		(75	)		(40	)		(54	)		(60	)		(13	%)		(11	%)
Income tax expense		(157	)		(153	)		(160	)		(174	)		(178	)		(13	%)		(2	%)
Ongoing Operations core earnings	$	386		$	361		$	368		$	412		$	420			9	%		2	%
Other Operations core earnings [4]	$	35		$	(126	)	$	3		$	36		$	28			(20	%)		(22	%)
Total Property & Casualty core earnings	$	421		$	235		$	371		$	448		$	448			6	%		—
CORPORATE
Total Corporate core earnings [3]	$	(42	)	$	(48	)	$	(51	)	$	(74	)	$	(23	)		45	%		69	%
CONSOLIDATED
Core earnings	$	797		$	573		$	727		$	768		$	843			6	%		10	%
Add: Net realized capital gains (losses), after-tax [3], [5]		(69	)		(97	)		31			15			33			NM			120	%
Net income	$	728		$	476		$	758		$	783		$	876			20	%		12	%

[1]	Included in the three months ended March 31, 2006 is a charge of $7, after-tax, to reserve for regulatory matters.
[2]	Included in the three months ended March 31, 2006 is a $34 benefit, after-tax, due to a reduction in litigation reserves related to leveraged corporate owned life insurance products.
[3]	Included in the three months ended December 31, 2006 in Life core earnings, Corporate core earnings and net realized gain (losses), after-tax, is $(17), $(13), and $(46), respectively, related to the effect of the unlock of deferred acquisition costs. See L-1 for further details by Life segment.
[4]	The three months ended June 30, 2006 included a charge of $158, after-tax, as a result of the agreement with Equitas and the Company’s evaluation of the reinsurance recoverables and allowance for uncollectible reinsurance associated with older, long-term casualty liabilities.
[5]	Includes those net realized capital gains (losses) not included in core earnings. See page C-8 further analysis.

C-2a

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
CONSOLIDATING STATEMENTS OF OPERATIONS
THREE MONTHS ENDED MARCH 31, 2007 AND 2006

	LIFE								PROPERTY & CASUALTY							CORPORATE									CONSOLIDATED
	2007		2006			Change			2007		2006		Change			2007			2006			Change			2007		2006			Change
Earned premiums	$	1,208	$	1,273			(5	%)	$	2,623	$	2,566		2	%	$	—		$	—			—		$	3,831	$	3,839			—
Fee income		1,278		1,118			14	%		—		—		—			4			3			33	%		1,282		1,121			14	%
Net investment income
Securities available-for-sale and other		852		766			11	%		413		357		16	%		8			4			100	%		1,273		1,127			13	%
Equity securities held for trading [1]		210		454			(54	%)		—		—		—			—			—			—			210		454			(54	%)
Total net investment income		1,062		1,220			(13	%)		413		357		16	%		8			4			100	%		1,483		1,581			(6	%)
Other revenues		—		—			—			118		123		(4	%)		(1	)		—		NM				117		123			(5	%)
Net realized capital gains (losses)		23		(126	)	NM				23		5	NM				—			—			—			46		(121	)	NM
Total revenues		3,571		3,485			2	%		3,177		3,051		4	%		11			7			57	%		6,759		6,543			3	%
Benefits, losses and loss adjustment expenses [1]		1,868		2,138			(13	%)		1,675		1,641		2	%		—			—			—			3,543		3,779			(6	%)
Amortization of deferred policy acquisition costs and present value of future profits		344		299			15	%		528		518		2	%		—			—			—			872		817			7	%
Insurance operating costs and expenses		737		586			26	%		151		141		7	%		—			—			—			888		727			22	%
Interest expense		—		—			—			—		—		—			63			66			(5	%)		63		66			(5	%)
Other expenses		30		7		NM				167		157		6	%		(16	)		6		NM				181		170			6	%
Total benefits and expenses		2,979		3,030			(2	%)		2,521		2,457		3	%		47			72			(35	%)		5,547		5,559			-
Income (loss) before income taxes		592		455			30	%		656		594		10	%		(36	)		(65	)		45	%		1,212		984			23	%
Income tax expense (benefit)		154		109			41	%		195		170		15	%		(13	)		(23	)		43	%		336		256			31	%
Net income (loss)		438		346			27	%		461		424		9	%		(23	)		(42	)		45	%		876		728			20	%
Less: Net realized capital gains (losses), after-tax		20		(72	)	NM				13		3	NM				—			—			—			33		(69	)	NM
Core earnings	$	418	$	418			—		$	448	$	421		6	%	$	(23	)	$	(42	)		45	%	$	843	$	797			6	%

[1] Includes investment income and mark-to-market effects of equity securities held for trading supporting the international variable annuity business, which are classified in net investment income with corresponding amounts credited to policyholders within benefits, losses and loss adjustment expenses.

C-3

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
CONSOLIDATING BALANCE SHEETS
AS OF MARCH 31, 2007 AND DECEMBER 31, 2006

	LIFE									PROPERTY & CASUALTY							CORPORATE									CONSOLIDATED
	Mar. 31,			Dec. 31,						Mar. 31,		Dec. 31,					Mar. 31,			Dec. 31,						Mar. 31,		Dec. 31,
	2007			2006			Change			2007		2006		Change			2007			2006			Change			2007		2006		Change
Investments
Fixed maturities, available-for-sale, at fair value	$	53,942		$	53,173			1	%	$	27,138	$	27,178		—		$	486		$	404			20	%	$	81,566	$	80,755		1	%
Equity securities, trading, at fair value		30,805			29,393			5	%		—		—		—			—			—			—			30,805		29,393		5	%
Equity securities, available-for-sale, at fair value		1,298			811			60	%		861		873		(1	%)		53			55			(4	%)		2,212		1,739		27	%
Policy loans, at outstanding balance		2,099			2,051			2	%		—		—		—			—			—			—			2,099		2,051		2	%
Mortgage loans on real estate		3,509			2,909			21	%		506		409		24	%		—			—			—			4,015		3,318		21	%
Other investments		1,263			1,077			17	%		938		840		12	%		45			—		NM				2,246		1,917		17	%
Total investments		92,916			89,414			4	%		29,443		29,300		—			584			459			27	%		122,943		119,173		3	%
Cash
		1,561			1,199			30	%		229		225		2	%		—			—			—			1,790		1,424		26	%
Premiums receivable and agents’ balances		455			424			7	%		3,312		3,251		2	%		—			—			—			3,767		3,675		3	%
Reinsurance recoverables		1,112			1,106			1	%		4,373		4,465		(2	%)		—			—			—			5,485		5,571		(2	%)
Deferred policy acquisition costs and present value of future profits		9,158			9,070			1	%		1,201		1,197		—			1			1			—			10,360		10,268		1	%
Deferred income taxes		(763	)		(717	)		(6	%)		520		608		(14	%)		385			393			(2	%)		142		284		(50	%)
Goodwill		805			796			1	%		149		149		—			772			772			—			1,726		1,717		1	%
Property and equipment, net		257			248			4	%		558		543		3	%		—			—			—			815		791		3	%
Other assets		2,137			1,724			24	%		1,475		1,281		15	%		345			318			8	%		3,957		3,323		19	%
Separate account assets		181,726			180,484			1	%		—		—		—			—			—			—			181,726		180,484		1	%
Total assets	$	289,364		$	283,748			2	%	$	41,260	$	41,019		1	%	$	2,087		$	1,943			7	%	$	332,711	$	326,710		2	%
Future policy benefits, unpaid losses and loss adjustment expenses	$	14,255		$	14,016			2	%	$	21,987	$	21,991		—		$	—		$	—			—		$	36,242	$	36,007		1	%
Other policyholder funds and benefits payable		73,465			71,311			3	%		—		—		—			—			—			—			73,465		71,311		3	%
Unearned premiums		124			103			20	%		5,537		5,522		—			(4	)		(5	)		20	%		5,657		5,620		1	%
Debt		—			—			—			—		—		—			4,472			4,103			9	%		4,472		4,103		9	%
Consumer notes		435			258			69	%		—		—		—						—			—			435		258		69	%
Other liabilities		8,499			6,012			41	%		4,623		3,321		39	%		(1,259	)		718		NM				11,863		10,051		18	%
Separate account liabilities		181,726			180,484			1	%		—		—		—			—			—			—			181,726		180,484		1	%
Total liabilities		278,504			272,184			2	%		32,147		30,834		4	%		3,209			4,816			(33	%)		313,860		307,834		2	%
Equity excluding AOCI, net of tax		10,483			11,177			(6	%)		8,781		9,851		(11	%)		(590	)		(2,330	)		75	%		18,674		18,698		—
AOCI, net of tax		377			387			(3	%)		332		334		(1	%)		(532	)		(543	)		2	%		177		178		(1	%)
Total stockholders’ equity		10,860			11,564			(6	%)		9,113		10,185		(11	%)		(1,122	)		(2,873	)		61	%		18,851		18,876		—
Total liabilities and stockholders’ equity	$	289,364		$	283,748			2	%	$	41,260	$	41,019		1	%	$	2,087		$	1,943			7	%	$	332,711	$	326,710		2	%

C-4

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
CAPITAL STRUCTURE

																Year Over			Sequential
	Mar. 31,			Jun. 30,			Sept. 30,			Dec. 31,			Mar. 31,			Year			3 Month
	2006			2006			2006			2006			2007			Change			Change
DEBT
Short-term debt (includes current maturities of long-term debt)	$	721		$	1,384		$	995		$	599		$	468			(35	%)		(22	%)
Senior notes		2,337			2,137			2,263			3,504			4,004			71	%		14	%
Subtotal		3,058			3,521			3,258			4,103			4,472			46	%		9	%
Equity unit notes		1,020			755			330			—			—			(100	%)		—
Junior subordinated debentures		688			488			488			—			—			(100	%)		—
Total debt [1]	$	4,766		$	4,764		$	4,076		$	4,103		$	4,472			(6	%)		9	%
STOCKHOLDERS’ EQUITY
Equity excluding AOCI, net of tax	$	15,867		$	16,307		$	17,669		$	18,698		$	18,674			18	%		—
AOCI, net of tax		(457	)		(924	)		64			178			177		NM				(1	%)
Total stockholders’ equity	$	15,410		$	15,383		$	17,733		$	18,876		$	18,851			22	%		—
CAPITALIZATION
Total capitalization including AOCI, net of tax	$	20,176		$	20,147		$	21,809		$	22,979		$	23,323			16	%		1	%
Total capitalization excluding AOCI, net of tax	$	20,633		$	21,071		$	21,745		$	22,801		$	23,146			12	%		2	%
DEBT TO CAPITALIZATION RATIOS
Ratios Including AOCI
Total debt to capitalization		23.6	%		23.7	%		18.7	%		17.9	%		19.2	%		(4.4	)		1.3
Ratios Excluding AOCI
Total debt to capitalization		23.1	%		22.6	%		18.7	%		18.0	%		19.3	%		(3.8	)		1.3
Debt (including the adjusted unfunded pension liability, six times rental expense on operating leases and 75% equity credit on equity units) to capitalization [2] [3]		24.4	%		25.1	%		22.7	%		22.1	%		23.3	%		(1.1	)		1.2

[1]	The Hartford began issuing consumer notes in September 2006, which have been excluded from total debt for capital structure analysis. Consumer notes were $41, $258 and $435 as of September 30, 2006, December 31, 2006 and March 31, 2007, respectively.
[2]	Reflects the assignment by certain rating agencies in the leverage calculation of 75% equity credit to the forward purchase contracts of $1,020 underlying equity units as of March 31, 2006 and June 30, 2006. The 75% equity credit was applied to forward purchase contracts of $330 as of September 30, 2006.
[3]	Reflects a rating agency assignment in the leverage calculation of an estimate of the adjusted unfunded pension liability of the Company’s defined benefit plans and six times the Company’s rental expense on operating leases for total adjustments of $1.4 billion, $1.4 billion, $1.4 billion, $1.2 billion and $1.2 billion for the three months ended March 31, 2006, June 30, 2006, September 30, 2006, December 31, 2006 and March 31, 2007, respectively.

C-5

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
ACCUMULATED OTHER COMPREHENSIVE INCOME

				PROPERTY &
	LIFE			CASUALTY			CORPORATE			CONSOLIDATED
As of March 31, 2007
Fixed maturities unrealized gain	$	576		$	294		$	—		$	870
Equities unrealized gain		31			103			8			142
Net deferred loss on cash-flow hedging instruments		(190	)		(17	)		—			(207	)
Total unrealized gain		417			380			8			805
Foreign currency translation adjustments		(40	)		(71	)		—			(111	)
Pension and other postretirement adjustment		—			23			(540	)		(517	)
Total accumulated other comprehensive income	$	377		$	332		$	(532	)	$	177
As of December 31, 2006
Fixed maturities unrealized gain	$	613		$	313		$	—		$	926
Equities unrealized gain		20			105			7			132
Net deferred loss on cash-flow hedging instruments		(208	)		(26	)		—			(234	)
Total unrealized gain		425			392			7			824
Foreign currency translation adjustments		(38	)		(82	)		—			(120	)
Pension and other postretirement adjustment		—			24			(550	)		(526	)
Total accumulated other comprehensive income	$	387		$	334		$	(543	)	$	178

C-6

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
COMPUTATION OF BASIC AND DILUTED EARNINGS PER SHARE

	THREE MONTHS ENDED
	Mar. 31,			Jun. 30,			Sept. 30,		Dec. 31,		Mar. 31,
	2006			2006			2006		2006		2007
Numerator:
Net income	$	728		$	476		$	758	$	783	$	876
Less: Net realized capital gains (losses), after-tax		(69	)		(97	)		31		15		33
Core earnings		797			573			727		768		843
Denominator:
Weighted average common shares outstanding (basic)		302.2			303.3			310.0		319.7		319.6
Dilutive effect of equity units		5.7			6.0			3.8		1.0		—
Dilutive effect of stock compensation		3.0			3.0			2.9		3.2		3.1
Weighted average common shares outstanding and dilutive potential common shares (diluted)		310.9			312.3			316.7		323.9		322.7
Basic earnings per share
Net income	$	2.41		$	1.57		$	2.45	$	2.45	$	2.74
Less: Net realized capital gains (losses), after-tax		(0.23	)		(0.32	)		0.10		0.05		0.10
Core earnings		2.64			1.89			2.35		2.40		2.64
Diluted earnings per share
Net income	$	2.34		$	1.52		$	2.39	$	2.42		2.71
Less: Net realized capital gains (losses), after-tax		(0.22	)		(0.31	)		0.09		0.05		0.10
Core earnings		2.56			1.83			2.30		2.37		2.61

C-7

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
ANALYSIS OF NET REALIZED CAPITAL GAINS AND LOSSES
THREE MONTHS ENDED MARCH 31, 2007 AND 2006

THREE MONTHS ENDED MARCH 31, 2007 AND 2006	LIFE									PROPERTY & CASUALTY									CORPORATE						CONSOLIDATED
	2007			2006			Change			2007			2006			Change			2007		2006		Change		2007			2006			Change
Net Realized Capital Gains (Losses) Excluded from Core Earnings, Before Tax and DAC
Net gains (losses) on sales	$	32		$	(18	)	NM			$	26		$	3		NM			$	—	$	—		—	$	58		$	(15	)	NM
Impairments		2
Credit Related		(12	)		—		NM				—			—			—			—		—		—		(12	)		—		NM
Other [1]		(2	)		(9	)		78	%		(1	)		(14	)		93	%		—		—		—		(3	)		(23	)		87	%
Total impairments		(14	)		(9	)		(56	%)		(1	)		(14	)		93	%		—		—		—		(15	)		(23	)		35	%
Japanese fixed annuity, net [2]		5			(44	)	NM				—			—			—			—		—		—		5			(44	)	NM
GMWB derivatives, net [3]		22			(13	)	NM				—			—			—			—		—		—		22			(13	)	NM
Other [4]		(10	)		(28	)		64	%		(5	)		16		NM				—		—		—		(15	)		(12	)		(25	%)
Total net realized capital gains (losses) excluded from core earnings, before tax and DAC		35			(112	)	NM				20			5		NM				—		—		—		55			(107	)	NM
Impacts of tax and deferred policy acquisition costs (“DAC”)		(15	)		40		NM				(7	)		(2	)	NM				—		—		—		(22	)		38		NM
Total net realized capital gains (losses) excluded from core earnings, after tax and DAC	$	20		$	(72	)	NM			$	13		$	3		NM			$	—	$	—		—	$	33		$	(69	)	NM
Reconciliation of Net Realized Capital Gains (Losses) Excluded from Core Earnings to Total Net Realized Capital Gains (Losses) — Before-Tax
Total net realized capital gains (losses) excluded from core earnings	$	35		$	(112	)	NM			$	20		$	5		NM			$	—	$	—		—	$	55		$	(107	)	NM
Total net realized capital gains (losses) included in core earnings		(12	)		(14	)		14	%		3			—		NM				—		—		—		(9	)		(14	)		36	%
Total net realized capital gains (losses)	$	23		$	(126	)	NM			$	23		$	5		NM			$	—	$	—		—	$	46		$	(121	)	NM

[1]	Primarily relates to fixed maturity impairments for which the Company was uncertain of its intent to retain the investment for a period of time sufficient to allow for a recovery to amortized cost. These impairments do not relate to security issuers for which the Company has current concerns regarding their ability to pay future interest and principal amounts based upon the securities’ contractual terms.
[2]	Represents realized gains and losses related to currency remeasurement on yen denominated fixed annuity liabilities and changes in fair value of the associated foreign currency swaps. While economically hedged, volatility exists due to a difference in the basis of accounting between the yen liabilities (historical cost) and the currency swaps (fair value). The primary difference relates to changes in Japan interest rates which are included in the fair value of the currency swaps but not the yen liabilities. If the economic impact of the change in Japan interest rates was permitted to be reflected in the value of the yen denominated fixed annuity liabilities, an estimated realized loss of $2 would have been recognized as an offset to this amount in the three months ended March 31, 2007.
[3]	Represents the net activity associated with the guaranteed minimum withdrawal benefit (“GMWB”) feature in certain of the Company’s life products. The net activity includes the fair value of the embedded derivatives associated with these products, related reinsurance and the fair value of the derivatives used to hedge this exposure.
[4]	Primarily consists of changes in fair value on non-qualifying derivatives, changes in fair value of certain derivatives in fair value hedge relationships and hedge ineffectiveness on qualifying derivative instruments.

C-8

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
COMPUTATION OF RETURN-ON-EQUITY MEASURES

	Mar. 31,			June. 30,			Sept. 30,			Dec. 31,			Mar. 31,
	2006			2006			2006			2006			2007
Numerator [1]:
Net income — last 12 months	$	2,336		$	2,210		$	2,429		$	2,745		$	2,893
Core earnings — last 12 months	$	2,457		$	2,424		$	2,595		$	2,865		$	2,911
Denominator [2]:
Average equity, including AOCI		14,810.5			15,486.5			16,521.5			17,100.5			17,130.5
Less: Average AOCI		116.5			247.5			328.5			134.0			(140.0	)
Average equity, excluding AOCI		14,694.0			15,239.0			16,193.0			16,966.5			17,270.5
ROE (net income last 12 months to equity including AOCI)		15.8	%		14.3	%		14.7	%		16.1	%		16.9	%
ROE (core earnings last 12 months to equity excluding AOCI)		16.7	%		15.9	%		16.0	%		16.9	%		16.9	%

[1]	For a reconciliation of net income to core earnings, see page C-7.
[2]	Average equity is calculated by taking the sum of equity at the beginning of the twelve month period and equity at the end of the twelve month period and dividing by 2.

C-9

LIFE

THE HARTFORD FINANCIAL SERVICES GROUP, INC.

LIFE
FINANCIAL HIGHLIGHTS

																Year Over
	THREE MONTHS ENDED															Year			Sequential
	March 31,			June 30,			Sept. 30,			Dec. 31,			March 31,			3 Month			3 Month
	2006			2006			2006			2006			2007			Change			Change
REVENUES
Retail Products Group
Individual Annuity [1]	$	697		$	703		$	691		$	714		$	721			3	%		1	%
Other Retail		153			164			158			177			183			20	%		3	%
Total Retail Products Group		850			867			849			891			904			6	%		1	%
Retirement Plans		137			131			131			139			143			4	%		3	%
Institutional Solutions Group		518			367			429			415			517			—			25	%
Individual Life [1]		271			275			271			342			285			5	%		(17	%)
Group Benefits		1,132			1,129			1,137			1,161			1,201			6	%		3	%
International		180			184			194			201			206			14	%		2	%
Other		(57	)		(75	)		80			91			105		NM				15	%
Total revenues before net investment income on equity securities held for trading		3,031			2,878			3,091			3,240			3,361			11	%		4	%
Net investment income on equity securities held for trading [2]		454			(970	)		1,185			1,155			210			(54	%)		(82	%)
Total revenues	$	3,485		$	1,908		$	4,276		$	4,395		$	3,571			2	%		(19	%)
CORE EARNINGS BY SEGMENT
Retail Products Group
Individual Annuity [3]	$	160		$	155		$	170		$	86		$	174			9	%		102	%
Other Retail		16			11			14			16			15			(6	%)		(6	%)
Total Retail Products Group		176			166			184			102			189			7	%		85	%
Retirement Plans [3]		21			22			21			45			23			10	%		(49	%)
Institutional Solutions Group		22			29			24			24			33			50	%		38	%
Individual Life [3]		45			48			46			31			46			2	%		48	%
Group Benefits		68			74			74			87			66			(3	%)		(24	%)
International [3]		46			52			47			101			54			17	%		(47	%)
Other [4], [5]		40			(5	)		11			4			7			(83	%)		75	%
Core earnings		418			386			407			394			418			—			6	%
Net realized gains (losses), net of tax, included in net income of Other [3]		(72	)		(78	)		21			(35	)		20		NM			NM
Net income	$	346		$	308		$	428		$	359		$	438			27	%		22	%
ROE (core earnings last 12 months to equity excluding AOCI)		16.9	%		17.9	%		17.7	%		18.0	%		18.6	%		1.7			0.6
Assets under management	$	290,409		$	290,804		$	302,312		$	327,480		$	335,792			16	%		3	%
DAC capitalization	$	506		$	473		$	441		$	503		$	524						4	%
DAC amortization	$	299		$	306		$	308		$	539		$	344						(36	%)
DAC and PVFP assets	$	9,048		$	9,362		$	9,125		$	9,070		$	9,158						1	%
United States Statutory surplus ($ in billions) [6]	$	4.4		$	4.3		$	4.6		$	4.7		$	4.8

[1]	Includes benefits of $7 and $31, after tax, recorded in the three months ended December 31, 2006 for the unlock of unearned revenue reserves and reinsurance premiums, in Individual Annuity and Individual Life, respectively.
[2]	These revenues will fluctuate principally due to the investment income and the mark-to-market adjustment of the trading investment portfolio supporting the variable annuities business in the international operations, principally in Japan.
[3]	Includes the effect of the unlock on amortization of deferred policy acquisition costs and present value of future profits, death benefits, sales inducements and mutual fund and other fees, recorded in the three months ended December 31, 2006. The after-tax benefits (charges) recorded in Individual Annuity, Retirement Plans, Individual Life, International and Net realized gains (losses) were ($72), $20, ($18), $53 and ($46), respectively.
[4]	Included in the three months ended March 31, 2006 is a charge of $7, after-tax, to reserve for regulatory matters.
[5]	Included in the three months ended March 31, 2006 is a $34 benefit, after-tax, due to a reduction in litigation reserves related to leveraged corporate owned life insurance products.
[6]	Estimated United States statutory surplus at March 31, 2007 .

L-1

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
LIFE
OPERATING RESULTS

														Year Over
	THREE MONTHS ENDED													Year			Sequential
	March 31,			June 30,			Sept. 30,		Dec. 31,			March 31,		3 Month			3 Month
	2006			2006			2006		2006			2007		Change			Change
REVENUES
Earned premiums	$	1,273		$	1,081		$	1,129	$	1,107		$	1,208		(5	%)		9	%
Fee income		1,118			1,156			1,149		1,303			1,278		14	%		(2	%)
Net investment income
Securities available-for-sale and other		766			791			802		825			852		11	%		3	%
Equity securities held for trading [1]		454			(970	)		1,185		1,155			210		(54	%)		(82	%)
Total net investment income		1,220			(179	)		1,987		1,980			1,062		(13	%)		(46	%)
Net realized capital gains (losses)		(126	)		(150	)		11		5			23	NM			NM
Total revenues		3,485			1,908			4,276		4,395			3,571		2	%		(19	%)
BENEFITS AND EXPENSES
Benefits, losses and loss adjustment expenses [1]		2,138			508			2,738		2,656			1,868		(13	%)		(30	%)
Amortization of deferred policy acquisition costs and present value of future profits		299			306			308		539			344		15	%		(36	%)
Insurance operating costs and other expenses		593			701			681		733			767		29	%		5	%
Total benefits and expenses		3,030			1,515			3,727		3,928			2,979		(2	%)		(24	%)
NET INCOME
Income before income taxes		455			393			549		467			592		30	%		27	%
Income tax expense		109			85			121		108			154		41	%		43	%
Net income		346			308			428		359			438		27	%		22	%
Less: net realized gains (losses), net of tax, included in income of Other		(72	)		(78	)		21		(35	)		20	NM			NM
Core earnings	$	418		$	386		$	407	$	394		$	418		—			6	%

[1] Includes dividend income and mark-to-market effects of trading securities supporting the international variable annuity business, which are classified in net investment income with corresponding amounts credited to policyholders within benefits, losses and loss adjustment expenses.

L-2

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
LIFE
TOTAL ASSETS UNDER MANAGEMENT

											Year Over
											Year			Sequential
	March 31,		June 30,		Sept. 30,		Dec. 31,		March 31,		3 Month			3 Month
	2006		2006		2006		2006		2007		Change			Change
TOTAL ASSETS UNDER MANAGEMENT
Assets
General account	$	95,730	$	97,320	$	100,137	$	103,264	$	107,638		12	%		4	%
Separate account		158,419		156,523		162,901		180,484		181,726		15	%		1	%
Total assets		254,149		253,843		263,038		283,748		289,364		14	%		2	%
Mutual fund assets		36,260		36,961		39,274		43,732		46,428		28	%		6	%
Total assets under management	$	290,409	$	290,804	$	302,312	$	327,480	$	335,792		16	%		3	%

L-3

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
LIFE
CONSOLIDATED BALANCE SHEETS

																Year Over
																Year			Sequential
	March 31,			June 30,			Sept. 30,			Dec. 31,			March 31,			3 Month			3 Month
	2006			2006			2006			2006			2007			Change			Change
Investments
Fixed maturities, available-for-sale, at fair value	$	50,571		$	50,453		$	51,869		$	53,173		$	53,942			7	%		1	%
Equity securities, trading, at fair value		26,057			26,916			27,863			29,393			30,805			18	%		5	%
Equity securities, available-for-sale, at fair value		820			772			771			811			1,298			58	%		60	%
Policy loans, at outstanding balance		2,007			2,110			2,057			2,051			2,099			5	%		2	%
Mortgage loans on real estate		1,920			2,269			2,451			2,909			3,509			83	%		21	%
Other investments		640			831			920			1,077			1,263			97	%		17	%
Total investments		82,015			83,351			85,931			89,414			92,916			13	%		4	%
Cash		1,104			888			1,198			1,199			1,561			41	%		30	%
Premiums receivable and agents’ balances		408			396			378			424			455			12	%		7	%
Reinsurance recoverables		805			785			805			1,106			1,112			38	%		1	%
Deferred policy acquisition costs and present value of future profits		9,048			9,362			9,125			9,070			9,158			1	%		1	%
Deferred income taxes		(414	)		(278	)		(685	)		(717	)		(763	)		(84	%)		(6	%)
Goodwill		796			796			796			796			805			1	%		1	%
Property and equipment, net		206			213			230			248			257			25	%		4	%
Other assets		1,762			1,807			2,359			1,724			2,137			21	%		24	%
Separate account assets		158,419			156,523			162,901			180,484			181,726			15	%		1	%
Total assets	$	254,149		$	253,843		$	263,038		$	283,748		$	289,364			14	%		2	%
Future policy benefits, unpaid losses and loss adjustment expenses	$	13,163		$	13,454		$	13,662		$	14,016		$	14,255			8	%		2	%
Other policyholder funds and benefits payable		66,602			67,767			69,296			71,311			73,465			10	%		3	%
Unearned premiums		70			85			86			103			124			77	%		20	%
Consumer Notes		—			—			41			258			435			—			69	%
Other liabilities		5,641			5,790			5,823			6,012			8,499			51	%		41	%
Separate account liabilities		158,419			156,523			162,901			180,484			181,726			15	%		1	%
Total liabilities		243,895			243,619			251,809			272,184			278,504			14	%		2	%
Equity excluding AOCI, net of tax		10,175			10,424			10,847			11,177			10,483			3	%		(6	%)
AOCI, net of tax		79			(200	)		382			387			377		NM				(3	%)
Total stockholders’ equity		10,254			10,224			11,229			11,564			10,860			6	%		(6	%)
Total liabilities and stockholders’ equity	$	254,149		$	253,843		$	263,038		$	283,748		$	289,364			14	%		2	%
Hartford Life and Accident Insurance Company NAIC RBC											387	%
Hartford Life Insurance Company NAIC RBC											463	%
Hartford Life and Annuity Insurance Company NAIC RBC											1108	%

L-4

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
LIFE
DEFERRED POLICY ACQUISITION COSTS and PRESENT VALUE OF FUTURE PROFITS

				Other						Institutional
	Individual			Retail Products			Retirement			Solutions			Individual			Group						Other
	Annuity			Group			Plans			Group			Life			Benefits			International			Life			Total
YEAR-TO-DATE
Balance, December 31, 2006	$	4,586		$	120		$	538		$	111		$	2,113		$	118		$	1,509		$	(25	)	$	9,070
Adjustments to unrealized gains and losses on securities available — for — sale and other		17						(2	)					47						3						65
Balance excluding adjustments to unrealized gains and losses on securities available — for — sale and other		4,603			120			536			111			2,160			118			1,512			(25	)		9,135
Cumulative effect of accounting changes (SOP 05-1) (Pre-tax)		(16	)					(4	)								(59	)								(79	)
Capitalization		217			27			33			19			87			20			121			—			524
Amortization — Deferred Policy Acquisition Costs		(181	)		(21	)		(9	)		(15	)		(31	)		(17	)		(57	)					(331	)
Amortization — Present Value of Future Profits		(2	)											(5	)											(7	)
Amortization — Realized Capital Gains																							(6	)		(6	)
Effect of Currency Translation Adjustment																				12						12
Balance, March 31, 2007		4,621			126			556			115			2,211			62			1,588			(31	)		9,248
Adjustments to unrealized gains and losses on securities available — for — sale and other		(43	)					(2	)					(43	)					(2	)					(90	)
Balance, March 31, 2007 including adjustments to unrealized gains and losses on securities available-for-sale and other	$	4,578		$	126		$	554		$	115		$	2,168		$	62		$	1,586		$	(31	)	$	9,158

L-5

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
LIFE
SUPPLEMENTAL DATA — ANNUITY DEATH AND INCOME BENEFITS

	As of March 31, 2007
	ACCOUNT VALUE		NET AMT AT RISK		% of NAR REINSURED			RETAINED NAR
BREAKDOWN OF VARIABLE ANNUITY ACCOUNT VALUE BY BENEFIT TYPE
Maximum anniversary value (MAV) [1]
MAV only	$	51,702	$	3,534		91	%	$	334
with 5% rollup [2]		3,693		332		80	%		65
with Earnings Protection Benefit Rider (EPB) [3]		5,565		481		84	%		78
with 5% rollup & EPB		1,395		150		81	%		29
Total MAV		62,355		4,497		89	%		506
Asset Protection Benefit (APB) [4]		39,189		91		47	%		48
Lifetime Income Benefit (LIB) — Death Benefit [5]		4,606		11		—	%		11
Reset [6] (5-7 years)		6,608		190		—	%		190
Return of Premium [7]/Other		10,100		27		7	%		25
SUBTOTAL U.S. GUARANTEED MINIMUM DEATH BENEFITS	$	122,858	$	4,816		84	%	$	780
JAPAN GUARANTEED MINIMUM DEATH AND INCOME BENEFITS [8]		31,148		83		58	%		35
TOTAL	$	154,006	$	4,899		83	%	$	815

	As of		As of		As of		As of		As of
	March 31,		June 30,		September 30,		December 31,		March 31,
	2006		2006		2006		2006		2007
OTHER DATA
U.S. VARIABLE ANNUITY BUSINESS
S&P 500 Index Value at end of period		1,294.83		1,270.20		1,335.85		1,418.30		1,420.86
Total Account Value	$	115,699	$	113,186	$	115,610	$	121,807	$	122,858
Retained net amount of risk		1,039		1,275		985		824		782
GMDB net GAAP liability [9]		125		129		134		159		166
JAPAN VARIABLE ANNUITY BUSINESS
Total Account Value	$	26,696	$	27,323	$	28,265	$	29,653	$	31,148
Retained net amount of risk		12		180		53		19		35
GMDB/GMIB net GAAP liability [9]		59		66		70		31		34

[1]	MAV: the death benefit is the greatest of current account value, net premiums paid and the highest account value on any anniversary before age 80 (adjusted for withdrawals).
[2]	Rollup: the death benefit is the greatest of the MAV, current account value, net premium paid and premiums (adjusted for withdrawals) accumulated at generally 5% simple interest up to the earlier age 80 or 100% of adjusted premiums.
[3]	EPB: the death benefit is the greatest of the MAV, current account value, or contract value plus a percentage of the contract’s growth. The contract’s growth is account value less premiums net of withdrawals, subject to a cap of 200% of premiums net of withdrawals.
[4]	APB: the death benefit is the greater of current account value or MAV, not to exceed current account value plus 25% times the greater of net premiums and MAV (each adjusted for premiums in the past 12 months).
[5]	LIB: the death benefit is the greater of current account value or MAV, net premiums paid, or a benefit amount that rachets over time, generally based on market performance.
[6]	Reset: the death benefit is the greatest of current account value, net premiums paid and the most recent five to seven year anniversary account value before age 80 (adjusted for withdrawals).
[7]	Return of premium: the death benefit is the greater of current account value and net premiums paid.
[8]	Death benefits include a Return of Premium and MAV (before age 80) paid in a single lump sum.The income benefit is a guarantee to return initial investment, which is adjusted for earnings liquidity paid through a fixed annuity, after a minimum deferral period of 10, 15 or 20 years. The guaranteed remaining balance related to the Japan GMIB was $24.1 billion and $22.6 billion as of March 31, 2007 and December 31, 2006, respectively.
[9]	Includes the increase (decrease) to GMDB/GMIB liability as a result of the unlock recorded in the three months ended December 31, 2006 for U.S. and Japan variable annuity business of $18 and ($41), respectively.

L-6

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
LIFE
REINSURANCE RECOVERABLE ANALYSIS
As of December 31, 2006

Statutory Reserve Credit and Amounts Recoverable

Gross statutory reinsurance reserve credit	$	1,889
Liability for reinsurance in unauthorized companies		(9	)
Net statutory reinsurance reserve credit	$	1,880
Statutory amounts recoverable from reinsurers	$	129

The top ten reinsurers represent $1,789 or 95% of the total statutory reserve credit and amounts recoverable.

• 64% of this amount is with reinsurers rated “A+” by A.M. Best at April 10, 2007.

• 31% of this amount is with reinsurers rated “A-” by A.M. Best at April 10, 2007.

• 5% of this amount is with reinsurers rated “B++” by A.M. Best at April 10, 2007.

L-7

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
LIFE
STATUTORY SURPLUS TO GAAP STOCKHOLDERS’ EQUITY RECONCILIATION

	December 31, 2006			December 31, 2005
Statutory Capital and Surplus	$	4,734		$	4,348
GAAP Adjustments
Investment in subsidiaries		(265	)		(469	)
Deferred policy acquisition costs		9,070			8,567
Deferred taxes		(936	)		(847	)
Benefit reserves		(3,425	)		(3,268	)
Unrealized gains on investments, net of impairments		1,214			1,193
Asset valuation reserve and interest maintenance reserve		686			531
Goodwill		585			463
Other, net		(99	)		(246	)
GAAP Stockholders’ Equity	$	11,564		$	10,272

L-8

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
LIFE
RETAIL PRODUCTS GROUP — INDIVIDUAL ANNUITY
INCOME STATEMENTS

																Year Over
	THREE MONTHS ENDED															Year			Sequential
	March 31,			June 30,			Sept. 30,			Dec. 31,			March 31,			3 Month			3 Month
	2006			2006			2006			2006			2007			Change			Change
Revenues
Premiums and other considerations
Variable annuity fees	$	462		$	473		$	475		$	503		$	507			10	%		1	%
Mutual fund and other fees [3]		32			33			31			36			37			16	%		3	%
Total fee income		494			506			506			539			544			10	%		1	%
Direct premiums		19			18			12			5			14			(26	%)		180	%
Reinsurance premiums [3]		(36	)		(36	)		(35	)		(33	)		(35	)		3	%		(6	%)
Net premiums		(17	)		(18	)		(23	)		(28	)		(21	)		(24	%)		25	%
Total premiums and other considerations		477			488			483			511			523			10	%		2	%
Net investment income
Net investment income on G/A assets		234			235			226			222			227			(3	%)		2	%
Net investment income on assigned capital		16			15			16			16			11			(31	%)		(31	%)
Charge for invested capital		(33	)		(37	)		(35	)		(38	)		(38	)		(15	%)		—
Total net investment income		217			213			207			200			200			(8	%)		—
Net realized capital gains (losses)		3			2			1			3			(2	)	NM			NM
Total revenues		697			703			691			714			721			3	%		1	%
Benefits and Expenses
Benefits and losses
Death benefits [3]		10			8			9			30			12			20	%		(60	%)
Other contract benefits		22			23			15			15			15			(32	%)		—
Change in reserve		3			2			3			(6	)		2			(33	%)	NM
Sales inducements [3]		9			14			12			10			13			44	%		30	%
Interest credited on G/A assets		163			160			158			159			154			(6	%)		(3	%)
Total benefits and losses		207			207			197			208			196			(5	%)		(6	%)
Other insurance expenses
Commissions & wholesaling expenses		265			280			257			284			296			12	%		4	%
Operating expenses		45			52			53			56			51			13	%		(9	%)
Premium taxes and other expenses		3			5			4			(2	)		5			67	%	NM
Subtotal — expenses before deferral		313			337			314			338			352			12	%		4	%
Deferred policy acquisition costs		(202	)		(213	)		(187	)		(206	)		(217	)		(7	%)		(5	%)
Total other insurance expense		111			124			127			132			135			22	%		2	%
Amortization of deferred policy acquisition costs [3]		187			192			184			304			183			(2	%)		(40	%)
Total benefits and expenses		505			523			508			644			514			2	%		(20	%)
Income before income taxes		192			180			183			70			207			8	%		196	%
Income tax expense (benefit) [1] [3]		32			25			13			(16	)		33			3	%	NM
Net income [2] [3]	$	160		$	155		$	170		$	86		$	174			9	%		102	%

[1]	The three months ended September 30, 2006 includes an additional $14 of tax benefits related to DRD and foreign tax credit.
[2]	Net income equals core earnings for this segment.
[3]	The DAC unlock recorded in the three months ended December 31, 2006 decreased net income by $72. The effect on each income statement line item is as follows:

Mutual Fund and Other Fees	$	8
Reinsurance Premiums		3
Death Benefits		18
Sales Inducements		(4	)
Amortization of deferred policy acquisition costs		108
Income tax expense (benefit)		(39	)

L-9

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
LIFE
RETAIL PRODUCTS GROUP — OTHER
INCOME STATEMENTS

																Year Over
	THREE MONTHS ENDED															Year			Sequential
	March 31,			June 30,			Sept. 30,			Dec. 31,			March 31,			3 Month			3 Month
	2006			2006			2006			2006			2007			Change			Change
Revenues
Premiums and other considerations
Variable annuity fees	$	3		$	3		$	1		$	3		$	3			—			—
Mutual fund and other fees		151			161			156			174			183			21	%		5	%
Total fee income		154			164			157			177			186			21	%		5	%
Net investment income
Net investment income on G/A assets		(1	)		2			1			—			—			100	%		—
Net investment income on assigned capital		—			—			—			—			(3	)		—			—
Total net investment income		(1	)		2			1			—			(3	)	NM				—
Net realized capital (losses)		—			(2	)		—			—			—			—			—
Total revenues		153			164			158			177			183			20	%		3	%
Benefits and Expenses
Other insurance expenses
Commissions & wholesaling expenses		109			120			107			125			133			22	%		6	%
Operating expenses		24			28			26			29			29			21	%		—
Premium taxes and other expenses		5			7			3			4			4			(20	%)		—
Subtotal — expenses before deferral		138			155			136			158			166			20	%		5	%
Deferred policy acquisition costs		(21	)		(23	)		(18	)		(24	)		(27	)		(29	%)		(13	%)
Total other insurance expense		117			132			118			134			139			19	%		4	%
Amortization of deferred policy acquisition costs		11			16			17			19			21			91	%		11	%
Total benefits and expenses		128			148			135			153			160			25	%		5	%
Income before income taxes		25			16			23			24			23			(8	%)		(4	%)
Income tax expense		9			5			9			8			8			(11	%)		—
Net income [1]	$	16		$	11		$	14		$	16		$	15			(6	%)		(6	%)

[1] Net income equals core earnings for this segment.

L-10

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
LIFE
RETAIL PRODUCTS GROUP
SUPPLEMENTAL DATA — DEPOSITS

											Year Over
	THREE MONTHS ENDED										Year			Sequential
	March 31,		June 30,		Sept. 30,		Dec. 31,		March 31,		3 Month			3 Month
	2006		2006		2006		2006		2007		Change			Change
Individual Annuity
Broker-dealer	$	1,941	$	2,074	$	1,943	$	2,055	$	2,029		5	%		(1	%)
Banks		1,237		1,359		1,196		1,332		1,430		16	%		7	%
Total deposits by distribution		3,178		3,433		3,139		3,387		3,459		9	%		2	%
Variable		3,091		3,228		2,681		3,134		3,256		5	%		4	%
Fixed MVA/other		87		205		458		253		203		133	%		(20	%)
Total deposits by product		3,178		3,433		3,139		3,387		3,459		9	%		2	%
Retail Mutual Funds		2,692		2,779		2,560		3,111		3,647		35	%		17	%
529 College Savings Plan/Specialty Products/Other		153		136		131		179		192		25	%		7	%
Total Retail Products Group	$	6,023	$	6,348	$	5,830	$	6,677	$	7,298		21	%		9	%

L-11

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
LIFE
RETAIL PRODUCTS GROUP
SUPPLEMENTAL DATA — ASSETS UNDER MANAGEMENT

											Year Over
											Year			Sequential
	March 31,		June 30,		Sept. 30,		Dec. 31,		March 31,		3 Month			3 Month
	2006		2006		2006		2006		2007		Change			Change
INDIVIDUAL ANNUITY
General account	$	16,460	$	16,202	$	15,708	$	15,430	$	15,218		(8	%)		(1	%)
Non-guaranteed separate account		102,304		100,058		102,669		108,872		110,007		8	%		1	%
Total Individual Annuity	$	118,764	$	116,260	$	118,377	$	124,302	$	125,225		5	%		1	%
BY PRODUCT
Individual Annuity
Individual Variable Annuities
General account	$	6,517	$	6,292	$	5,949	$	5,630	$	5,461		(16	%)		(3	%)
Non-guaranteed separate account		102,178		99,932		102,540		108,735		109,869		8	%		1	%
Total individual variable annuities		108,695		106,224		108,489		114,365		115,330		6	%		1	%
Fixed MVA & other individual annuities [1]		10,069		10,036		9,888		9,937		9,895		(2	%)		—
Total Individual Annuity		118,764		116,260		118,377		124,302		125,225		5	%		1	%
Specialty Products/Other — Segregated Assets		386		417		454		525		569		47	%		8	%
Mutual Fund Assets
Retail mutual fund assets		31,988		32,611		34,720		38,536		40,921		28	%		6	%
Specialty Product/Other mutual fund assets		396		439		503		579		663		67	%		15	%
529 College Savings Plan assets		744		764		811		910		966		30	%		6	%
Total Mutual Fund Assets		33,128		33,814		36,034		40,025		42,550		28	%		6	%
Total Retail Products Group Assets Under Management	$	152,278	$	150,491	$	154,865	$	164,852	$	168,344		11	%		2	%

[1] Internal transfer of single premium immediate annuity business from Fixed Annuities business to Institutional Solutions Group in 3Q06.

L-12

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
LIFE
RETAIL PRODUCTS GROUP
SUPPLEMENTAL DATA — INDIVIDUAL ANNUITY — ACCOUNT VALUE ROLLFORWARD [1]

	THREE MONTHS ENDED
	March 31,			June 30,			Sept. 30,			Dec. 31,			March 31,
	2006			2006			2006			2006			2007
VARIABLE ANNUITIES
Beginning balance	$	105,314		$	108,695		$	106,224		$	108,489		$	114,365
Deposits		3,091			3,228			2,681			3,134			3,256
Surrenders		(3,505	)		(3,468	)		(3,279	)		(3,444	)		(3,394	)
Death benefits/annuity payouts		(413	)		(393	)		(373	)		(392	)		(443	)
Transfers [2]		(1	)		(5	)		(17	)		6			(2	)
Net Flows		(828	)		(638	)		(988	)		(696	)		(583	)
Change in market value/change in reserve/interest credited		4,204			(1,838	)		3,249			6,568			1,542
Other [4]		5			5			4			4			6
Ending balance	$	108,695		$	106,224		$	108,489		$	114,365		$	115,330
FIXED MVA AND OTHER
Beginning balance	$	10,222		$	10,069		$	10,036		$	9,888		$	9,937
Deposits		87			205			458			253			203
Surrenders		(246	)		(250	)		(311	)		(258	)		(281	)
Death benefits/annuity payouts		(127	)		(127	)		(104	)		(103	)		(115	)
Transfers [2]		11			23			39			33			36
Net Flows		(275	)		(149	)		82			(75	)		(157	)
Change in market value/change in reserve/interest credited		122			116			120			124			115
Other [3]		—			—			(350	)		—			—
Ending balance	$	10,069		$	10,036		$	9,888		$	9,937		$	9,895
TOTAL INDIVIDUAL ANNUITY
Beginning balance	$	115,536		$	118,764		$	116,260		$	118,377		$	124,302
Deposits		3,178			3,433			3,139			3,387			3,459
Surrenders		(3,751	)		(3,718	)		(3,590	)		(3,702	)		(3,675	)
Death benefits/annuity payouts		(540	)		(520	)		(477	)		(495	)		(558	)
Transfers [2]		10			18			22			39			34
Net Flows		(1,103	)		(787	)		(906	)		(771	)		(740	)
Change in market value/change in reserve/interest credited		4,326			(1,722	)		3,369			6,692			1,657
Other [3][4]		5			5			(346	)		4			6
Ending balance	$	118,764		$	116,260		$	118,377		$	124,302		$	125,225

[1]	Account value includes policyholder balances for investment contracts and reserves for future policy benefits for insurance contracts.
[2]	Includes internal product exchanges, policyholder balance transfers from the accumulation phase to the annuitization phase, and death benefits remaining on deposit.
[3]	Internal transfer of single premium immediate annuity business from Individual Annuity to Institutional.
[4]	Includes a bonus on certain products, front end loads on A share products and annual maintenance fees.

L-13

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
LIFE
RETAIL PRODUCTS GROUP
SUPPLEMENTAL DATA — OTHER RETAIL — ASSET ROLLFORWARD

	THREE MONTHS ENDED
	March 31,			June 30,			Sept. 30,			Dec. 31,			March 31,
	2006			2006			2006			2006			2007
RETAIL MUTUAL FUNDS
Beginning balance	$	29,063		$	31,988		$	32,611		$	34,720		$	38,536
Deposits		2,692			2,779			2,560			3,111			3,647
Redemptions		(1,164	)		(1,390	)		(1,365	)		(1,564	)		(1,762	)
Net Sales		1,528			1,389			1,195			1,547			1,885
Change in market value		1,429			(734	)		939			2,296			530
Other [1]		(32	)		(32	)		(25	)		(27	)		(30	)
Ending balance	$	31,988		$	32,611		$	34,720		$	38,536		$	40,921

[1] Includes front end loads on A share products

L-14

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
LIFE
RETIREMENT PLANS
INCOME STATEMENTS

																Year Over
	THREE MONTHS ENDED															Year			Sequential
	March 31,			June 30,			Sept. 30,			Dec. 31,			March 31,			3 Month			3 Month
	2006			2006			2006			2006			2007			Change			Change
Revenues
Premiums and other considerations
Variable annuity fees	$	40		$	45		$	44		$	49		$	50			25	%		2	%
Mutual fund and other fees		3			3			4			4			4			33	%		—
Total fee income		43			48			48			53			54			26	%		2	%
Direct premiums		14			2			1			2			2			(86	%)		—
Total premiums and other considerations		57			50			49			55			56			(2	%)		2	%
Net investment income
Net investment income on G/A assets		78			78			80			82			85			9	%		4	%
Net investment income on assigned capital		2			3			2			3			3			50	%		—
Charge for invested capital		—			(1	)		—			(1	)		—			—			100	%
Total net investment income		80			80			82			84			88			10	%		5	%
Net realized capital gains (losses)		—			1			—			—			(1	)		—			—
Total revenues		137			131			131			139			143			4	%		3	%
Benefits and Expenses
Benefits and losses
Death benefits		1			(1	)		1			(1	)		—			(100	%)		100	%
Other contract benefits		13			13			13			13			12			(8	%)		(8	%)
Change in reserve		5			(5	)		(5	)		(5	)		(6	)	NM				(20	%)
Interest credited on G/A assets		50			52			52			54			56			12	%		4	%
Total benefits and losses		69			59			61			61			62			(10	%)		2	%
Other insurance expenses
Commissions & wholesaling expenses		20			19			20			20			23			15	%		15	%
Operating expenses		38			44			48			55			49			29	%		(11	%)
Premium taxes and other expenses		—			1			(2	)		(3	)		1			—		NM
Subtotal — expenses before deferral		58			64			66			72			73			26	%		1	%
Deferred policy acquisition costs		(27	)		(29	)		(30	)		(39	)		(33	)		(22	%)		15	%
Total other insurance expense		31			35			36			33			40			29	%		21	%
Amortization of deferred policy acquisition costs [2]		8			8			6			(21	)		9			13	%	NM
Total benefits and expenses		108			102			103			73			111			3	%		52	%
Income before income taxes		29			29			28			66			32			10	%		(52	%)
Income tax expense [2]		8			7			7			21			9			13	%		(57	%)
Net income [1] [2]	$	21		$	22		$	21		$	45		$	23			10	%		(49	%)

[1]	Net income equals core earnings for this segment.
[2]	The DAC unlock recorded in the three months ended December 31, 2006 increased net income by $20. The effect on each income statement line item is as follows:

Amortization of deferred policy acquisition costs	$	(31	)
Income tax expense		11

L-15

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
LIFE
RETIREMENT PLANS
SUPPLEMENTAL DATA — DEPOSITS

											Year Over
	THREE MONTHS ENDED										Sequential			Sequential
	March 31,		June 30,		Sept. 30,		Dec. 31,		March 31,		3 Month			3 Month
	2006		2006		2006		2006		2007		Change			Change
401K
Annuity — plan/participant rollovers	$	741	$	389	$	428	$	430	$	786		6	%		83	%
Annuity — ongoing contributions		437		405		408		427		497		14	%		16	%
Total 401K Annuity		1,178		794		836		857		1,283		9	%		50	%
Mutual funds		88		100		120		86		120		36	%		40	%
Total 401K		1,266		894		956		943		1,403		11	%		49	%
403B/457
Annuity — plan/participant rollovers		104		132		76		359		89		(14	%)		(75	%)
Annuity — ongoing contributions		215		229		215		222		236		10	%		6	%
Total 403B/457		319		361		291		581		325		2	%		(44	%)
Total Retirement Plans	$	1,585	$	1,255	$	1,247	$	1,524	$	1,728		9	%		13	%

L-16

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
LIFE
RETIREMENT PLANS
SUPPLEMENTAL DATA — ASSETS UNDER MANAGEMENT

											Year Over
											Year			Sequential
	March 31,		June 30,		Sept. 30,		Dec. 31,		March 31,		3 Month			3 Month
	2006		2006		2006		2006		2007		Change			Change
401K
General account	$	1,287	$	1,278	$	1,313	$	1,317	$	1,351		5	%		3	%
Non-guaranteed separate account		8,751		9,004		9,691		10,718		11,628		33	%		8	%
Total 401K	$	10,038	$	10,282	$	11,004	$	12,035	$	12,979		29	%		8	%
403B/457
General account	$	4,336	$	4,412	$	4,431	$	4,577	$	4,586		6	%		—
Non-guaranteed separate account		6,091		6,046		6,260		6,963		7,167		18	%		3	%
Total 403B/457	$	10,427	$	10,458	$	10,691	$	11,540	$	11,753		13	%		2	%
TOTAL RETIREMENT
General account	$	5,623	$	5,690	$	5,744	$	5,894	$	5,937		6	%		1	%
Non-guaranteed separate account		14,842		15,050		15,951		17,681		18,795		27	%		6	%
Total Retirement Plans account value	$	20,465	$	20,740	$	21,695	$	23,575	$	24,732		21	%		5	%
BY PRODUCT
401K — Annuity	$	10,038	$	10,282	$	11,004	$	12,035	$	12,979		29	%		8	%
403B/457 - Annuity		10,427		10,458		10,691		11,540		11,753		13	%		2	%
Total Retirement Plans account value		20,465		20,740		21,695		23,575		24,732		21	%		5	%
401K mutual fund assets [1]	$	1,032	$	1,040	$	1,036	$	1,140	$	1,209		17	%		6	%
Total Retirement Plans Assets Under Management	$	21,497	$	21,780	$	22,731	$	24,715	$	25,941		21	%		5	%

[1] 401K mutual fund assets are predominantly comprised of The Hartford’s 401K plan.

L-17

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
LIFE
RETIREMENT PLANS
SUPPLEMENTAL DATA — ACCOUNT VALUE ROLLFORWARD [1]

	THREE MONTHS ENDED
	March 31,			June 30,			Sept. 30,			Dec. 31,			March 31,
	2006			2006			2006			2006			2007
401K
(EXCLUDING ALL MUTUAL FUNDS)
Beginning balance	$	8,842		$	10,038		$	10,282		$	11,004		$	12,035
Deposits		1,178			794			836			857			1,283
Surrenders		(361	)		(369	)		(382	)		(475	)		(531	)
Death benefits/annuity payouts		(8	)		(8	)		(7	)		(7	)		(13	)
Net Flows		809			417			447			375			739
Change in market value/change in reserve/interest credited		387			(173	)		275			656			205
Ending balance	$	10,038		$	10,282		$	11,004		$	12,035		$	12,979
403B/457
(EXCLUDING ALL MUTUAL FUNDS)
Beginning balance	$	10,475		$	10,427		$	10,458		$	10,691		$	11,540
Deposits		319			361			291			581			325
Surrenders		(260	)		(221	)		(283	)		(231	)		(272	)
Death benefits/annuity payouts		(14	)		(16	)		(13	)		(17	)		(15	)
Net Flows		45			124			(5	)		333			38
Change in market value/change in reserve/interest credited		320			(93	)		238			516			175
Transfers [2]		(413	)		—			—			—			—
Ending balance	$	10,427		$	10,458		$	10,691		$	11,540		$	11,753

[1]	Account value includes policyholder balances for investment contracts and reserves for future policy benefits for insurance contracts.
[2]	Internal transfer from Retirement Plans 403B/457 business to Institutional Solutions Group.

L-18

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
LIFE
INSTITUTIONAL SOLUTIONS GROUP
INCOME STATEMENTS

																Year Over
	THREE MONTHS ENDED															Year			Sequential
	March 31,			June 30,			Sept. 30,			Dec. 31,			March 31,			3 Month			3 Month
	2006			2006			2006			2006			2007			Change			Change
Revenues
Premiums and other considerations
Variable annuity fees	$	15		$	16		$	16		$	18		$	19			27	%		6	%
Cost of insurance charges		9			6			10			12			12			33	%		—
Mutual fund and other fees		3			6			6			7			30		NM			NM
Total fee income		27			28			32			37			61			126	%		65	%
Direct premiums		267			92			143			105			168			(37	%)		60	%
Total premiums and other considerations		294			120			175			142			229			(22	%)		61	%
Net investment income
Net investment income on G/A assets		220			243			251			270			284			29	%		5	%
Net investment income on assigned capital		5			5			5			5			7			40	%		40	%
Charge for invested capital		—			—			—			(1	)		—			—			100	%
Total net investment income		225			248			256			274			291			29	%		6	%
Net realized capital (losses)		(1	)		(1	)		(2	)		(1	)		(3	)	NM			NM
Total revenues		518			367			429			415			517			—			25	%
Benefits and Expenses
Benefits and losses
Death benefits		10			7			11			13			12			20	%		(8	%)
Other contract benefits		78			82			92			93			97			24	%		4	%
Change in reserve		260			83			137			96			154			(41	%)		60	%
Interest credited on G/A assets		115			127			135			145			154			34	%		6	%
Total benefits and losses		463			299			375			347			417			(10	%)		20	%
Other insurance expenses
Commissions & wholesaling expenses		11			10			10			15			15			36	%		—
Operating expenses		15			18			16			20			18			20	%		(10	%)
Premium taxes and other expenses		3			4			6			12			24		NM				100	%
Subtotal — expenses before deferral		29			32			32			47			57			97	%		21	%
Deferred policy acquisition costs		(13	)		(13	)		(14	)		(22	)		(19	)		(46	%)		14	%
Total other insurance expense		16			19			18			25			38			138	%		52	%
Amortization of deferred policy acquisition costs		8			8			6			10			15			88	%		50	%
Total benefits and expenses		487			326			399			382			470			(3	%)		23	%
Income before income taxes		31			41			30			33			47			52	%		42	%
Income tax expense		9			12			6			9			14			56	%		56	%
Net income [1]	$	22		$	29		$	24		$	24		$	33			50	%		38	%

[1] Net income equals core earnings for this segment.

L-19

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
LIFE
INSTITUTIONAL SOLUTIONS GROUP
SUPPLEMENTAL DATA — DEPOSITS

											Year Over
	THREE MONTHS ENDED										Year			Sequential
	March 31,		June 30,		Sept. 30,		Dec. 31,		March 31,		3 Month			3 Month
	2006		2006		2006		2006		2007		Change			Change
Institutional
Structured settlements	$	203	$	139	$	119	$	162	$	278		37	%		72	%
Institutional annuities		136		13		97		27		5		(96	%)		(81	%)
Guaranteed interest products		565		712		623		874		855		51	%		(2	%)
Other		22		138		108		235		51		132	%		(78	%)
Subtotal		926		1,002		947		1,298		1,189		28	%		(8	%)
Mutual funds		419		281		166		286		309		(26	%)		8	%
Total Institutional		1,345		1,283		1,113		1,584		1,498		11	%		(5	%)
Private Placement Life Insurance
Corporate owned		94		232		131		549		1,390	NM				153	%
Private clients		12		12		11		10		7		(42	%)		(30	%)
Total Private Placement Life Insurance		106		244		142		559		1,397	NM				150	%
Total Institutional Solutions Group	$	1,451	$	1,527	$	1,255	$	2,143	$	2,895		100	%		35	%

L-20

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
LIFE
INSTITUTIONAL SOLUTIONS GROUP
SUPPLEMENTAL DATA — ASSETS UNDER MANAGEMENT

											Year Over
											Year			Sequential
	March 31,		June 30,		Sept. 30,		Dec. 31,		March 31,		3 Month			3 Month
	2006		2006		2006		2006		2007		Change			Change
INSTITUTIONAL
General account	$	14,695	$	15,415	$	16,429	$	17,249	$	18,166		24	%		5	%
Guaranteed separate account		397		385		416		417		416		5	%		—
Non-guaranteed separate account		3,925		3,930		4,165		4,548		4,577		17	%		1	%
Total Institutional	$	19,017	$	19,730	$	21,010	$	22,214	$	23,159		22	%		4	%
PRIVATE PLACEMENT LIFE INSURANCE
General account	$	7	$	7	$	7	$	7	$	59	NM			NM
Non-guaranteed separate account		24,209		24,622		25,118		26,124		27,780		15	%		6	%
Total Private Placement Life Insurance	$	24,216	$	24,629	$	25,125	$	26,131	$	27,839		15	%		7	%
TOTAL INSTITUTIONAL SOLUTIONS GROUP
General account	$	14,702	$	15,422	$	16,436	$	17,256	$	18,225		24	%		6	%
Guaranteed separate account		397		385		416		417		416		5	%		—
Non-guaranteed separate account		28,134		28,552		29,283		30,672		32,357		15	%		5	%
Total Institutional Solutions Group account value	$	43,233	$	44,359	$	46,135	$	48,345	$	50,998		18	%		5	%
BY PRODUCT
Institutional
Structured settlements	$	4,856	$	4,991	$	5,108	$	5,267	$	5,543		14	%		5	%
Institutional annuities		2,733		2,714		2,828		2,849		2,838		4	%		—
Guaranteed interest products		7,610		8,200		8,671		9,308		9,946		31	%		7	%
Other		3,818		3,825		4,403		4,790		4,832		27	%		1	%
Total Institutional		19,017		19,730		21,010		22,214		23,159		22	%		4	%
Private Placement Life Insurance		24,216		24,629		25,125		26,131		27,839		15	%		7	%
Total Institutional Solutions Group account value		43,233		44,359		46,135		48,345		50,998		18	%		5	%
Institutional Mutual Fund Assets		2,100		2,107		2,204		2,567		2,669		27	%		4	%
Total Institutional Solutions Group Assets Under Management	$	45,333	$	46,466	$	48,339	$	50,912	$	53,667		18	%		5	%

L-21

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
LIFE
INSTITUTIONAL SOLUTIONS GROUP
SUPPLEMENTAL DATA — ACCOUNT VALUE AND ASSET ROLLFORWARD [1]

		THREE MONTHS ENDED
		March 31,			June 30,			Sept. 30,			Dec. 31,			March 31,
		2006			2006			2006			2006			2007
INSTITUTIONAL
(EXCLUDING ALL MUTUAL FUNDS)	Beginning balance	$	17,917		$	19,017		$	19,730		$	21,010		$	22,214
	Deposits		926			1,002			947			1,298			1,189
	Surrenders		(374	)		(284	)		(327	)		(420	)		(411	)
	Death benefits/annuity payouts		(126	)		(131	)		(145	)		(140	)		(151	)
	Net Flows		426			587			475			738			627
	Change in market value/change in reserve/interest credited		261			126			455			466			318
	Transfers [2]		413			—			350			—			—
	Ending balance	$	19,017		$	19,730		$	21,010		$	22,214		$	23,159
PRIVATE PLACEMENT LIFE INSURANCE
	Beginning balance	$	23,836		$	24,216		$	24,629		$	25,125		$	26,131
	Deposits		106			244			142			559			1,397
	Surrenders		(10	)		(14	)		(1	)		(4	)		(3	)
	Death benefits/annuity payouts		(12	)		(8	)		(9	)		(14	)		(27	)
	Net Flows		84			222			132			541			1,367
	Change in market value/change in reserve/interest credited		347			238			397			469			398
	Other [3]		(51	)		(47	)		(33	)		(4	)		(57	)
	Ending balance	$	24,216		$	24,629		$	25,125		$	26,131		$	27,839

[1]	Account value includes policyholder balances for investment contracts and reserves for future policy benefits for insurance contracts.
[2]	1Q06 internal transfer from 403B/457 — Retirement Plans business to Institutional. 3Q06 internal transfer of single premium immediate annuity business from Individual Annuity to Institutional.
[3]	Primarily consists of cost of insurance and M&E charges.

L-22

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
LIFE
INDIVIDUAL LIFE
INCOME STATEMENTS

																Year Over
	THREE MONTHS ENDED															Year			Sequential
	March 31,			June 30,			Sept. 30,			Dec. 31,			March 31,			3 Month			3 Month
	2006			2006			2006			2006			2007			Change			Change
Revenues
Premiums and other considerations
Variable life fees	$	16		$	17		$	16		$	17		$	17			6	%		—
Cost of insurance charges		122			123			125			128			130			7	%		2	%
Other fees [2]		65			67			59			128			68			5	%		(47	%)
Total fee income		203			207			200			273			215			6	%		(21	%)
Direct premiums		22			22			25			26			25			14	%		(4	%)
Reinsurance premiums		(34	)		(35	)		(36	)		(43	)		(40	)		(18	%)		7	%
Net premiums		(12	)		(13	)		(11	)		(17	)		(15	)		(25	%)		12	%
Total premiums and other considerations		191			194			189			256			200			5	%		(22	%)
Net investment income
Net investment income on G/A assets		83			86			85			87			89			7	%		2	%
Net investment income on assigned capital		3			2			3			3			3			—			—
Charge for invested capital		(7	)		(8	)		(7	)		(6	)		(5	)		29	%		17	%
Total net investment income		79			80			81			84			87			10	%		4	%
Net realized capital gains (losses)		1			1			1			2			(2	)	NM			NM
Total revenues		271			275			271			342			285			5	%		(17	%)
Benefits and Expenses
Benefits and losses
Death benefits		69			63			62			57			70			1	%		23	%
Other contract benefits		7			7			6			7			6			(14	%)		(14	%)
Change in reserve		(5	)		(6	)		(3	)		(4	)		(3	)		40	%		25	%
Interest credited on G/A assets		60			56			59			62			63			5	%		2	%
Total benefits and losses		131			120			124			122			136			4	%		11	%
Other insurance expenses
Commissions & wholesaling expenses		54			62			57			66			59			9	%		(11	%)
Operating expenses		56			62			64			69			63			13	%		(9	%)
Dividends to policyholders		1			1			—			1			1			—			—
Premium taxes and other expenses		10			11			11			10			11			10	%		10	%
Subtotal — expenses before deferral		121			136			132			146			134			11	%		(8	%)
Deferred policy acquisition costs		(79	)		(90	)		(88	)		(99	)		(87	)		(10	%)		12	%
Total other insurance expense		42			46			44			47			47			12	%		—
Amortization of deferred policy acquisition costs and present value of future profits [2]		32			40			38			131			36			13	%		(73	%)
Total benefits and expenses		205			206			206			300			219			7	%		(27	%)
Income before income taxes		66			69			65			42			66			—			57	%
Income tax expense [2]		21			21			19			11			20			(5	%)		82	%
Net income [1]	$	45		$	48		$	46		$	31		$	46			2	%		48	%

[1]	Net income equals core earnings for this segment.
[2]	The DAC unlock recorded in the three months ended December 31, 2006 decreased net income by $18. The effect on each income statement line item is as follows:

Other Fees	$	48
Amortization of deferred policy acquisition costs		76
Income tax expense (benefit)		(10	)

L-23

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
LIFE
INDIVIDUAL LIFE
SUPPLEMENTAL DATA

											Year Over
	THREE MONTHS ENDED										Year			Sequential
	March 31,		June 30,		Sept. 30,		Dec. 31,		March 31,		3 Month			3 Month
	2006		2006		2006		2006		2007		Change			Change
SALES BY DISTRIBUTION
Wirehouse/regional broker-dealer		16		20		22		28		20		25	%		(29	%)
Banks		7		10		10		14		10		43	%		(29	%)
Independent broker-dealer/WFS		16		19		15		24		14		(13	%)		(42	%)
Life professional/other		21		18		21		23		16		(24	%)		(30	%)
Total sales by distribution	$	60	$	67	$	68	$	89	$	60		—			(33	%)
SALES. BY PRODUCT
Variable life	$	25	$	27	$	27	$	36	$	26		4	%		(28	%)
Universal life/whole life		31		36		36		47		30		(3	%)		(36	%)
Term life/other		4		4		5		6		4		—			(33	%)
Total sales by product	$	60	$	67	$	68	$	89	$	60		—			(33	%)
ACCOUNT VALUE
General account	$	4,950	$	5,039	$	5,123	$	5,233	$	5,334		8	%		2	%
Separate account		5,728		5,571		5,754		6,138		6,244		9	%		2	%
Total account value	$	10,678	$	10,610	$	10,877	$	11,371	$	11,578		8	%		2	%
ACCOUNT VALUE BY PRODUCT
Variable life	$	6,191	$	6,053	$	6,242	$	6,637	$	6,754		9	%		2	%
Universal life/interest sensitive whole life		3,775		3,850		3,932		4,035		4,126		9	%		2	%
Modified guaranteed life		604		598		591		584		580		(4	%)		(1	%)
Other		108		109		112		115		118		9	%		3	%
Total account value by product	$	10,678	$	10,610	$	10,877	$	11,371	$	11,578		8	%		2	%
LIFE INSURANCE IN FORCE
Variable life	$	71,852	$	72,461	$	73,126	$	73,770	$	74,439		4	%		1	%
Universal life/interest sensitive whole life		42,372		43,152		44,069		45,230		46,013		9	%		2	%
Term life		38,137		39,701		41,751		44,175		46,053		21	%		4	%
Modified guaranteed life		764		752		740		727		718		(6	%)		(1	%)
Other		320		326		324		325		323		1	%		(1	%)
Total life insurance in force	$	153,445	$	156,392	$	160,010	$	164,227	$	167,546		9	%		2	%

L-24

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
LIFE
INDIVIDUAL LIFE
ACCOUNT VALUE ROLLFORWARD

		THREE MONTHS ENDED
		March 31,			June 30,			Sept. 30,			Dec. 31,			March 31,
		2006			2006			2006			2006			2007
VARIABLE LIFE	Beginning balance	$	5,902		$	6,191		$	6,053		$	6,242		$	6,637
	First year & single premiums		68			66			72			86			77
	Renewal premiums		148			144			134			143			156
	Premiums and deposits		216			210			206			229			233
	Surrenders		(90	)		(75	)		(92	)		(114	)		(86	)
	Death benefits		(13	)		(13	)		(11	)		(10	)		(24	)
	Net Flows		113			122			103			105			123
	Policy fees		(116	)		(117	)		(119	)		(121	)		(124	)
	Change in market value/interest credited		292			(143	)		205			411			118
	Ending balance	$	6,191		$	6,053		$	6,242		$	6,637		$	6,754
OTHER [1]	Beginning balance	$	4,412		$	4,487		$	4,557		$	4,635		$	4,734
	First year & single premiums		90			102			106			126			111
	Renewal premiums		107			100			100			114			119
	Premiums and deposits		197			202			206			240			230
	Surrenders		(46	)		(50	)		(41	)		(59	)		(53	)
	Death benefits		(23	)		(20	)		(25	)		(19	)		(23	)
	Net Flows		128			132			140			162			154
	Policy fees		(107	)		(112	)		(115	)		(117	)		(120	)
	Change in market value/interest credited		54			50			53			54			56
	Ending balance	$	4,487		$	4,557		$	4,635		$	4,734		$	4,824
TOTAL INDIVIDUAL LIFE	Beginning balance	$	10,314		$	10,678		$	10,610		$	10,877		$	11,371
	First year & single premiums		158			168			178			212			188
	Renewal premiums		255			244			234			257			275
	Premiums and deposits		413			412			412			469			463
	Surrenders		(136	)		(125	)		(133	)		(173	)		(139	)
	Death benefits		(36	)		(33	)		(36	)		(29	)		(47	)
	Net Flows		241			254			243			267			277
	Policy fees		(223	)		(229	)		(234	)		(238	)		(244	)
	Change in market value/interest credited		346			(93	)		258			465			174
	Ending balance	$	10,678		$	10,610		$	10,877		$	11,371		$	11,578

[1] Includes Universal Life, Interest Sensitive Whole Life, Modified Guaranteed Life Insurance and other.

L-25

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
LIFE
GROUP BENEFITS
INCOME STATEMENTS

																Year Over
	THREE MONTHS ENDED															Year			Sequential
	March 31,			June 30,			Sept. 30,			Dec. 31,			March 31,			3 Month			3 Month
	2006			2006			2006			2006			2007			Change			Change
Revenues
Premiums and other considerations
ASO fees	$	10		$	8		$	10		$	9		$	8			(20	%)		(11	%)
Other fees		1			(1	)		—			1			—			(100	%)		(100	%)
Total fee income		11			7			10			10			8			(27	%)		(20	%)
Direct premiums		944			963			969			993			1,027			9	%		3	%
Reinsurance premiums		77			58			53			55			49			(36	%)		(11	%)
Net premiums		1,021			1,021			1,022			1,048			1,076			5	%		3	%
Total premiums and other considerations		1,032			1,028			1,032			1,058			1,084			5	%		2	%
Net investment income
Net investment income on G/A assets		89			91			93			92			99			11	%		8	%
Net investment income on assigned capital		12			12			13			13			19			58	%		46	%
Total net investment income		101			103			106			105			118			17	%		12	%
Net realized capital (losses)		(1	)		(2	)		(1	)		(2	)		(1	)		—			50	%
Total revenues		1,132			1,129			1,137			1,161			1,201			6	%		3	%
Benefits and Expenses
Benefits and losses
Death benefits		268			247			252			268			266			(1	%)		(1	%)
Other contract benefits		442			440			452			470			479			8	%		2	%
Change in reserve		57			53			41			12			61			7	%	NM
Total benefits and losses		767			740			745			750			806			5	%		7	%
Other insurance expenses
Commissions & wholesaling expenses		132			140			147			142			156			18	%		10	%
Operating expenses		120			134			128			144			133			11	%		(8	%)
Premium taxes and other expenses		21			19			20			19			19			(10	%)		—
Subtotal — expenses before deferral		273			293			295			305			308			13	%		1	%
Deferred policy acquisition costs		(12	)		(16	)		(14	)		(22	)		(20	)		(67	%)		9	%
Total other insurance expense		261			277			281			283			288			10	%		2	%
Amortization of deferred policy acquisition costs		10			10			10			11			17			70	%		55	%
Total benefits and expenses		1,038			1,027			1,036			1,044			1,111			7	%		6	%
Income before income taxes		94			102			101			117			90			(4	%)		(23	%)
Income tax expense		26			28			27			30			24			(8	%)		(20	%)
Net income [1]	$	68		$	74		$	74		$	87		$	66			(3	%)		(24	%)

[1] Net income equals core earnings for this segment.

L-26

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
LIFE
GROUP BENEFITS
SUPPLEMENTAL DATA

																Year Over
	THREE MONTHS ENDED															Year			Sequential
	March 31,			June 30,			Sept. 30,			Dec. 31,			March 31,			3 Month			3 Month
	2006			2006			2006			2006			2007			Change			Change
PREMIUMS
Fully Insured — Ongoing Premiums
Group disability	$	449		$	448		$	446		$	457		$	470			5	%		3	%
Group life		451			456			465			458			473			5	%		3	%
Other		117			116			111			126			122			4	%		(3	%)
Total fully insured — ongoing premiums		1,017			1,020			1,022			1,041			1,065			5	%		2	%
Total buyouts [1]		4			1			—			7			11			175	%		57	%
Total premiums		1,021			1,021			1,022			1,048			1,076			5	%		3	%
Group disability — premium equivalents [2]		79			81			84			90			85			8	%		(6	%)
Total premiums and premium equivalents	$	1,100		$	1,102		$	1,106		$	1,138		$	1,161			6	%		2	%
SALES (GROSS ANNUALIZED NEW PREMIUMS)
Fully Insured — Ongoing Sales
Group disability	$	185		$	31		$	61		$	39		$	177			(4	%)	NM
Group life [3]		201			84			89			55			156			(22	%)		184	%
Other		55			19			25			17			53			(4	%)	NM
Total fully insured — ongoing sales		441			134			175			111			386			(12	%)	NM
Total buyouts [1]		2			3			—			—			2			—			—
Total sales		443			137			175			111			388			(12	%)	NM
Group disability premium equivalents [2]		52			8			44			6			54			4	%	NM
Total sales and premium equivalents	$	495		$	145		$	219		$	117		$	442			(11	%)	NM
RATIOS [3]
Loss Ratio		74.2	%		72.0	%		72.2	%		70.7	%		74.1	%		(0.1	)		3.4
Expense Ratio		26.4	%		27.9	%		28.2	%		28.0	%		28.4	%		2.0			0.4
GAAP RESERVES [4]
Group disability	$	4,413		$	4,478		$	4,524		$	4,535		$	4,590			4	%		1	%
Group life		1,266			1,262			1,267			1,269			1,276			1	%		1	%
Other		176			167			162			173			178			1	%		3	%
Total GAAP reserves	$	5,855		$	5,907		$	5,953		$	5,977		$	6,044			3	%		1	%

[1]	Takeover of open claim liabilities and other non-recurring premium amounts.
[2]	Administrative services only (ASO) fees and claims under claim management agreements.
[3]	Ratios calculated excluding the effects of buyout premiums.
[4]	Reserve balances are net of reinsurance recoverables of $247, $238, $239, $236, and $230 as of 1Q 2006, 2Q 2006, 3Q 2006, 4Q 2006, and 1Q 2007 respectively.

L-27

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
LIFE
INTERNATIONAL
HIGHLIGHTS

																Year Over
	THREE MONTHS ENDED															Year			Sequential
	March 31,			June 30,			Sept. 30,			Dec. 31,			March 31,			3 Months			3 Months
	2006			2006			2006			2006			2007			Change			Change
CORE EARNINGS
Japan operations	$	48		$	54		$	54		$	111		$	61			27	%		(45	%)
Other international operations		(2	)		(2	)		(7	)		(10	)		(7	)	NM				30	%
Core earnings [1]	$	46		$	52		$	47		$	101		$	54			17	%		(47	%)
JAPAN DEPOSITS — Dollars
Individual Annuity
Variable	$	2,256		$	1,226		$	1,184		$	1,167		$	1,678			(26	%)		44	%
Fixed MVA		93			82			63			36			28			(70	%)		(22	%)
Total deposits by product	$	2,349		$	1,308		$	1,247		$	1,203		$	1,706			(27	%)		42	%
JAPAN DEPOSITS — Yen
Individual Annuity
Variable	¥	263,934		¥	140,564		¥	137,767		¥	137,283		¥	199,523			(24	%)		45	%
Fixed MVA		10,908			9,430			7,296			4,216			3,391			(69	%)		(20	%)
Total deposits by product	¥	274,842		¥	149,994		¥	145,063		¥	141,499		¥	202,914			(26	%)		43	%
JAPAN NET FLOWS — Dollars
Individual Annuity
Variable	$	1,769		$	881		$	824		$	695		$	1,184			(33	%)		70	%
Fixed MVA		77			71			53			23			13			(83	%)		(43	%)
Total net flows by product	$	1,846		$	952		$	877		$	718		$	1,197			(35	%)		67	%
JAPAN NET FLOWS — Yen
Individual Annuity
Variable	¥	206,954		¥	100,956		¥	95,938		¥	81,749		¥	140,557			(32	%)		72	%
Fixed MVA		9,579			8,162			6,100			2,679			1,621			(83	%)		(39	%)
Total net flows by product	¥	216,533		¥	109,118		¥	102,038		¥	84,428		¥	142,178			(34	%)		68	%
JAPAN AUM — Dollars
Individual Annuity
Variable	$	26,696		$	27,323		$	28,265		$	29,653		$	31,148			17	%		5	%
Fixed MVA		1,545			1,667			1,676			1,690			1,723			12	%		2	%
Total AUM by product	$	28,241		$	28,990		$	29,941		$	31,343		$	32,871			16	%		5	%
JAPAN AUM — Yen
Individual Annuity
Variable	¥	3,149,872		¥	3,123,427		¥	3,337,133		¥	3,533,426		¥	3,677,972			17	%		4	%
Fixed MVA		182,193			190,520			197,811			201,362			203,489			12	%		1	%
Total AUM by product	¥	3,332,065		¥	3,313,947		¥	3,534,944		¥	3,734,788		¥	3,881,461			16	%		4	%

[1] Net income equals core earnings for this segment.

L-28

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
LIFE
INTERNATIONAL — JAPAN
INCOME STATEMENTS

																Year Over
	THREE MONTHS ENDED															Year			Sequential
	March 31,			June 30,			Sept. 30,			Dec. 31,			March 31,			3 Month			3 Month
	2006			2006			2006			2006			2007			Change			Change
Revenues
Premiums and other considerations
Variable annuity fees	$	148		$	159		$	163		$	171		$	174			18	%		2	%
Other fees		18			12			18			16			18			—			13	%
Total fee income		166			171			181			187			192			16	%		3	%
Reinsurance premiums		—			(3	)		(3	)		(2	)		(3	)		—			(50	%)
Net premiums		—			(3	)		(3	)		(2	)		(3	)		—			(50	%)
Total premiums and other considerations		166			168			178			185			189			14	%		2	%
Net investment income
Net investment income on G/A assets		23			24			27			28			28			22	%		—
Net investment income on assigned capital		—			—			—			—			1			—			—
Total net investment income		23			24			27			28			29			26	%		4	%
Net realized capital (losses)		(14	)		(16	)		(16	)		(18	)		(18	)		(29	%)		—
Total revenues		175			176			189			195			200			14	%		3	%
Benefits and Expenses
Benefits and losses
Death and other benefits [2]		7			7			5			(37	)		2			(71	%)	NM
Interest credited on G/A assets		5			5			6			5			6			20	%		20	%
Total benefits and losses		12			12			11			(32	)		8			(33	%)	NM
Other insurance expenses
Commissions & wholesaling expenses		140			84			83			84			113			(19	%)		35	%
Operating expenses		34			34			36			37			33			(3	%)		(11	%)
Premium taxes and other expenses		10			6			8			5			9			(10	%)		80	%
Subtotal — expenses before deferral		184			124			127			126			155			(16	%)		23	%
Deferred policy acquisition costs		(147	)		(87	)		(84	)		(84	)		(113	)		23	%		(35	%)
Total other insurance expense		37			37			43			42			42			14	%		—
Amortization of deferred policy acquisition costs [2]		49			48			54			15			56			14	%	NM
Total benefits and expenses		98			97			108			25			106			8	%	NM
Income before income taxes		77			79			81			170			94			22	%		(45	%)
Income tax expense [2]		29			25			27			59			33			14	%		(44	%)
Net income [1] [2]	$	48		$	54		$	54		$	111		$	61			27	%		(45	%)

[1]	Net income equals core earnings for Japan.
[2]	The DAC unlock recorded in the three months ended December 31, 2006 increased net income by $53. The effect on each income statement line item is as follows:

Death and other benefits	(41	)
Amortization of deferred policy acquisition costs	(41	)
Income tax expense	29

L-29

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
LIFE
INTERNATIONAL — JAPAN
SUPPLEMENTAL DATA — ACCOUNT VALUE ROLLFORWARD

		THREE MONTHS ENDED
		March 31,			June 30,			Sept. 30,			Dec. 31,			March 31,
		2006			2006			2006			2006			2007
VARIABLE ANNUITIES
	Beginning balance	$	24,641		$	26,696		$	27,323		$	28,265		$	29,653
Deposits/Premiums/other			2,256			1,226			1,184			1,167			1,678
Surrenders			(388	)		(267	)		(282	)		(389	)		(394	)
Death benefits/annuitizations/other			(99	)		(78	)		(78	)		(83	)		(100	)
Net Flows			1,769			881			824			695			1,184
Change in market value/currency/change in reserve/interest credited			303			(1,126	)		1,016			975			29
Effect of currency translation			(17	)		872			(898	)		(282	)		282
	Ending balance	$	26,696		$	27,323		$	28,265		$	29,653		$	31,148
FIXED MVA AND OTHER
	Beginning balance	$	1,463		$	1,545		$	1,667		$	1,676		$	1,690
Deposits/Premiums/other			93			82			63			36			28
Surrenders			(4	)		(2	)		(4	)		(7	)		(9	)
Death benefits/annuitizations/other			(12	)		(9	)		(6	)		(6	)		(6	)
Net Flows			77			71			53			23			13
Change in market value/currency/change in reserve/interest credited			5			5			10			7			4
Effect of currency translation			—			46			(54	)		(16	)		16
	Ending balance	$	1,545		$	1,667		$	1,676		$	1,690		$	1,723
TOTAL JAPAN
	Beginning balance	$	26,104		$	28,241		$	28,990		$	29,941		$	31,343
Deposits/Premiums/other			2,349			1,308			1,247			1,203			1,706
Surrenders			(392	)		(269	)		(286	)		(396	)		(403	)
Death benefits/annuitizations/other			(111	)		(87	)		(84	)		(89	)		(106	)
Net Flows			1,846			952			877			718			1,197
Change in market value/change in reserve/interest credited			308			(1,121	)		1,026			982			33
Effect of currency translation			(17	)		918			(952	)		(298	)		298
	Ending balance	$	28,241		$	28,990		$	29,941		$	31,343		$	32,871

L-30

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
LIFE
INTERNATIONAL — JAPAN
SUPPLEMENTAL DATA — ACCOUNT VALUE ROLLFORWARD

		THREE MONTHS ENDED
		March 31,			June 30,			Sept. 30,			Dec. 31,			March 31,
		2006			2006			2006			2006			2007
VARIABLE ANNUITIES
	Beginning balance	¥	2,908,416		¥	3,149,872		¥	3,123,427		¥	3,337,133		¥	3,533,426
Deposits/Premiums/other			263,934			140,564			137,767			137,283			199,523
Surrenders			(45,450	)		(30,678	)		(32,806	)		(45,724	)		(47,094	)
Death benefits/annuitizations/other			(11,530	)		(8,930	)		(9,023	)		(9,810	)		(11,872	)
Net Flows			206,954			100,956			95,938			81,749			140,557
Change in market value/change in reserve/interest credited			34,502			(127,401	)		117,768			114,544			3,989
	Ending balance		3,149,872			3,123,427			3,337,133			3,533,426			3,677,972
FIXED MVA AND OTHER
	Beginning balance		172,596			182,193			190,520			197,811			201,362
Deposits/Premiums/other			10,908			9,430			7,296			4,216			3,391
Surrenders			(586	)		(291	)		(517	)		(875	)		(1,098	)
Death benefits/annuitizations/other			(743	)		(977	)		(679	)		(662	)		(672	)
Net Flows			9,579			8,162			6,100			2,679			1,621
Change in market value/change in reserve/interest credited			562			601			646			687			693
Effect of currency translation on USD Fixed Annuity products			(544	)		(436	)		545			185			(187	)
	Ending balance		182,193			190,520			197,811			201,362			203,489
TOTAL JAPAN
	Beginning balance		3,081,012			3,332,065			3,313,947			3,534,944			3,734,788
Deposits/Premiums/other			274,842			149,994			145,063			141,499			202,914
Surrenders			(46,036	)		(30,969	)		(33,323	)		(46,599	)		(48,192	)
Death benefits/annuitizations/other			(12,273	)		(9,907	)		(9,702	)		(10,472	)		(12,544	)
Net Flows			216,533			109,118			102,038			84,428			142,178
Change in market value/change in reserve/interest credited			35,064			(126,800	)		118,414			115,231			4,682
Effect of currency translation on USD Fixed Annuity products			(544	)		(436	)		545			185			(187	)
	Ending balance	¥	3,332,065		¥	3,313,947		¥	3,534,944		¥	3,734,788		¥	3,881,461

L-31

PROPERTY & CASUALTY

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
PROPERTY & CASUALTY
FINANCIAL HIGHLIGHTS

																Year Over
	THREE MONTHS ENDED															Year			Sequential
	Mar. 31,			Jun. 30,			Sept. 30,			Dec. 31,			Mar. 31,			3 Month			3 Month
	2006			2006			2006			2006			2007			Change			Change
TOTAL PROPERTY & CASUALTY PREMIUMS
Written premiums	$	2,629		$	2,709		$	2,699		$	2,625		$	2,622			—			—
Earned premiums		2,566			2,607			2,632			2,628			2,623			2	%		—
TOTAL PROPERTY & CASUALTY UNDERWRITING RESULTS
Business Insurance		134			197			123			164			124			(7	%)		(24	%)
Personal Lines		106			126			89			108			130			23	%		20	%
Specialty Commercial		47			(43	)		41			19			39			(17	%)		105	%
Ongoing Operations underwriting results		287			280			253			291			293			2	%		1	%
Other Operations [1]		(21	)		(266	)		(62	)		(17	)		(24	)		(14	%)		(41	%)
Total Property & Casualty underwriting results	$	266		$	14		$	191		$	274		$	269			1	%		(2	%)
ONGOING OPERATIONS UNDERWRITING RATIOS
Losses and loss adjustment expenses
Current year [2]		63.4			65.4			65.4			62.9			63.0			0.4			(0.1	)
Prior year [3]		(0.2	)		(0.4	)		(1.1	)		(0.8	)		0.2			(0.4	)		(1.0	)
Total losses and loss adjustment expenses		63.3			65.1			64.4			62.1			63.1			0.2			(1.0	)
Expenses		25.4			24.1			25.7			27.1			25.5			(0.1	)		1.6
Policyholder dividends		0.2			0.1			0.3			(0.3	)		0.2			—			(0.5	)
Combined ratio		88.8			89.3			90.4			88.9			88.8			—			0.1
Catastrophes
Current year		1.6			2.8			1.9			1.4			1.1			0.5			0.3
Prior year		(0.7	)		(0.7	)		(1.5	)		0.1			(0.2	)		(0.5	)		0.3
Catastrophe ratio		0.9			2.1			0.4			1.5			0.9			—			0.6
Combined ratio before catastrophes		87.9			87.1			90.0			87.4			87.9			—			(0.5	)
Combined ratio before catastrophes and prior year development [3]		87.4			86.9			89.6			88.3			87.6			(0.2	)		0.7
Total Property & Casualty Income and ROE
Net income	$	424		$	216		$	381		$	498		$	461			9	%		(7	%)
Core earnings		421			235			371			448			448			6	%		—
Core earnings ROE (last 12 months income-equity x-AOCI)
Ongoing Operations														24.3	%
Other Operations														(9.2	%)
Total Property & Casualty		17.7	%		15.4	%		16.7	%		19.2	%		20.9	%		3.2			1.7

	PROPERTY & CASUALTY
	Dec. 31,		Mar. 31,
	2006		2007		Change
Selected Financial Data
Total Property and Casualty adjusted statutory surplus ($ in billions)	$	8.4	$	8.5	$	0.1
Total Property and Casualty premium to adjusted surplus ratio		1.3		1.2		(0.1	)

[1]	The three months ended June 30, 2006 included a $243 charge as a result of the agreement with Equitas and the Company’s evaluation of the reinsurance recoverables and allowance for uncollectible reinsurance associated with older, long-term casualty liabilities.
[2]	The three months ended December 31, 2006 included a current accident year reserve release totaling 2.2 points, related to Personal Lines auto liability claims and Business Insurance workers’ compensation claims and package business.
[3]	Included in the prior year losses and loss adjustment expenses ratio is prior accident year development on catastrophe losses.

PC-1

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
PROPERTY & CASUALTY
OPERATING RESULTS

																Year Over
	THREE MONTHS ENDED															Year			Sequential
	Mar. 31,			Jun. 30,			Sept. 30,			Dec. 31,			Mar. 31,			3 Month			3 Month
	2006			2006			2006			2006			2007			Change			Change
TOTAL PROPERTY & CASUALTY UNDERWRITING RESULTS
Written premiums	$	2,629		$	2,709		$	2,699		$	2,625		$	2,622			—			—
Change in unearned premium reserve		63			102			67			(3	)		(1	)	NM				67	%
Earned premiums		2,566			2,607			2,632			2,628			2,623			2	%		—
Losses and loss adjustment expenses
Current year [1]		1,628			1,705			1,723			1,650			1,653			2	%		—
Prior year [2]		13			258			30			(5	)		22			69	%	NM
Total losses and loss adjustment expenses		1,641			1,963			1,753			1,645			1,675			2	%		2	%
Underwriting expenses [3]		655			626			680			716			675			3	%		(6	%)
Dividends to policyholders		4			4			8			(7	)		4			—		NM
Underwriting results		266			14			191			274			269			1	%		(2	%)
Net servicing income		18			12			15			8			11			(39	%)		38	%
Net investment income		357			365			359			405			413			16	%		2	%
Periodic net coupon settlements on credit derivatives, before-tax		—			1			1			2			3			—			50	%
Other expenses		(52	)		(76	)		(40	)		(55	)		(60	)		(15	%)		(9	%)
Income tax expense		(168	)		(81	)		(155	)		(186	)		(188	)		(12	%)		(1	%)
Core earnings		421			235			371			448			448			6	%		-
Add: Net realized capital gains (losses), after-tax [4]		3			(19	)		10			50			13		NM				(74	%)
Net income	$	424		$	216		$	381		$	498		$	461			9	%		(7	%)
Total Property & Casualty effective tax rate — net income		28.6	%		24.4	%		29.7	%		23.3	%		29.7	%		1.1			6.4
Total Property & Casualty effective tax rate — core earnings		28.6	%		25.4	%		29.5	%		29.4	%		29.5	%		0.9			0.1

[1]	The three months ended December 31, 2006 included a current accident year reserve release of $58, related to Personal Lines auto liability claims and Business Insurance workers’ compensation claims and package business.
[2]	The three months ended June 30, 2006 included a $243 charge as a result of the agreement with Equitas and the Company’s evaluation of the reinsurance recoverables and allowance for uncollectible reinsurance associated with older, long-term casualty liabilities.
[3]	The three months ended June 30, 2006 included a reduction to the Citizens’ assessment of $34 ($18 in Business Insurance and $16 in Personal Lines). The three months ended September 30, 2006 included a reduction to the Citizens’ assessment of $7 ($4 in Business Insurance and $3 in Personal Lines). These assessments and reductions thereto related to 2004 and 2005 hurricanes. Citizens’ assessment recoupments for Business Insurance totaled $1 for each of the three months ended March 31, 2006 and June 30, 2006 and $2 for each of the three months ended September 30, 2006, December 31, 2006 and March 31, 2007. Citizens’ assessment recoupments for Personal Lines totaled $1 for the three months ended June 30, 2006 and $2 for each of the three months ended September 30, 2006, December 31, 2006 and March 31, 2007.
[4]	The three months ended December 31, 2006 included a $25 after-tax gain on the sale of Omni.

PC-2

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
PROPERTY & CASUALTY
ONGOING OPERATIONS
OPERATING RESULTS

																Year Over
	THREE MONTHS ENDED															Year			Sequential
	Mar. 31,			Jun. 30,			Sept. 30,			Dec. 31,			Mar. 31,			3 Month			3 Month
	2006			2006			2006			2006			2007			Change			Change
ONGOING OPERATIONS UNDERWRITING RESULTS
Written premiums	$	2,629		$	2,707		$	2,699		$	2,623		$	2,622			—			—
Change in unearned premium reserve		64			101			67			(2	)		(1	)	NM				50	%
Earned premiums		2,565			2,606			2,632			2,625			2,623			2	%		—
Losses and loss adjustment expenses
Current year [1]		1,628			1,705			1,723			1,650			1,653			2	%		—
Prior year [2]		(6	)		(9	)		(28	)		(21	)		4		NM			NM
Total losses and loss adjustment expenses		1,622			1,696			1,695			1,629			1,657			2	%		2	%
Underwriting expenses [3]		652			626			676			712			669			3	%		(6	%)
Dividends to policyholders		4			4			8			(7	)		4			—		NM
Underwriting results		287			280			253			291			293			2	%		1	%
Net servicing income		18			12			15			8			11			(39	%)		38	%
Net investment income		291			296			299			339			351			21	%		4	%
Periodic net coupon settlements on credit derivatives, before-tax		—			1			1			2			3			—			50	%
Other expenses		(53	)		(75	)		(40	)		(54	)		(60	)		(13	%)		(11	%)
Income tax expense		(157	)		(153	)		(160	)		(174	)		(178	)		(13	%)		(2	%)
Core earnings		386			361			368			412			420			9	%		2	%
Add: Net realized capital gains (losses), after-tax [4]		3			(21	)		7			38			9		NM				(76	%)
Net income	$	389		$	340		$	375		$	450		$	429			10	%		(5	%)
Ongoing Operations effective tax rate — net income		29.0	%		29.5	%		30.3	%		22.6	%		29.9	%		0.9			7.3
Ongoing Operations effective tax rate — core earnings		28.9	%		29.9	%		30.2	%		29.6	%		29.8	%		0.9			0.2

[1]	The three months ended December 31, 2006 included a current accident year reserve release of $58, related to Personal Lines auto liability claims and Business Insurance workers’ compensation claims and package business.
[2]	The three months ended March 31, 2006 included an $18 net release of catastrophe reserves, primarily related to the 2004 and 2005 hurricanes. The three months ended June 30, 2006 included a $17 net release of catastrophe reserves, primarily related to the 2004 and 2005 hurricanes, a net reserve release of $38 related to allocated loss adjustment expense reserves on workers’ compensation and package business in Business Insurance and a $45 strengthening of construction defects claim reserves in Specialty Commercial. The three months ended September 30, 2006 included a $39 net release of catastrophe reserves, primarily related to the 2004 and 2005 hurricanes. The three months ended December 31, 2006 included a net reserve release of $20 related to allocated loss adjustment expense reserves on workers’ compensation and package business in Business Insurance.
[3]	The three months ended June 30, 2006 included a reduction to the Citizens’ assessment of $34 ($18 in Business Insurance and $16 in Personal Lines). The three months ended September 30, 2006 included a reduction to the Citizens’ assessment of $7 ($4 in Business Insurance and $3 in Personal Lines). These assessments and reductions thereto related to 2004 and 2005 hurricanes. Citizens’ assessment recoupments for Business Insurance totaled $1 for each of the three months ended March 31, 2006 and June 30, 2006 and $2 for each of the three months ended September 30, 2006, December 31, 2006 and March 31, 2007. Citizens’ assessment recoupments for Personal Lines totaled $1 for the three months ended June 30, 2006 and $2 for each of the three months ended September 30, 2006, December 31, 2006 and March 31, 2007.
[4]	The three months ended December 31, 2006 included a $25 after-tax gain on the sale of Omni.

PC-3

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
PROPERTY & CASUALTY
ONGOING OPERATIONS CONSOLIDATING UNDERWRITING RESULTS
FOR THE THREE MONTHS ENDED MARCH 31, 2007

	Business			Personal			Specialty			Ongoing
	Insurance			Lines			Commercial			Operations
UNDERWRITING RESULTS
Written premiums	$	1,298		$	939		$	385		$	2,622
Change in unearned premium reserve		6			(14	)		7			(1	)
Earned premiums		1,292			953			378			2,623
Losses and loss adjustment expenses
Current year		793			610			250			1,653
Prior year		6			4			(6	)		4
Total losses and loss adjustment expenses		799			614			244			1,657
Underwriting expenses		366			209			94			669
Dividends to policyholders		3			—			1			4
Underwriting results	$	124		$	130		$	39		$	293
UNDERWRITING RATIOS
Losses and loss adjustment expenses
Current year		61.4			64.0			65.8			63.0
Prior year [1]		0.5			0.5			(1.7	)		0.2
Total losses and loss adjustment expenses		61.8			64.5			64.1			63.1
Expenses		28.3			21.9			25.0			25.5
Policyholder dividends		0.2			—			0.4			0.2
Combined ratio		90.4			86.4			89.6			88.8
Catastrophes
Current year		0.9			1.8			0.1			1.1
Prior year		(0.1	)		—			(1.1	)		(0.2	)
Catastrophe ratio		0.7			1.8			(1.0	)		0.9
Combined ratio before catastrophes		89.6			84.6			90.6			87.9
Combined ratio before catastrophes and prior year development [1]		89.1			84.1			91.2			87.6

[1] Included in the prior year losses and loss adjustment expenses ratio is prior accident year development on catastrophe losses.

PC-4

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
PROPERTY & CASUALTY
ONGOING OPERATIONS
UNDERWRITING RESULTS

																Year Over
	THREE MONTHS ENDED															Year			Sequential
	Mar. 31,			Jun. 30,			Sept. 30,			Dec. 31,			Mar. 31,			3 Month			3 Month
	2006			2006			2006			2006			2007			Change			Change
UNDERWRITING RESULTS
Written premiums	$	2,629		$	2,707		$	2,699		$	2,623		$	2,622			—			—
Change in unearned premium reserve		64			101			67			(2	)		(1	)	NM				50	%
Earned premiums		2,565			2,606			2,632			2,625			2,623			2	%		—
Losses and loss adjustment expenses
Current year		1,628			1,705			1,723			1,650			1,653			2	%		—
Prior year [1]		(6	)		(9	)		(28	)		(21	)		4		NM			NM
Total losses and loss adjustment expenses		1,622			1,696			1,695			1,629			1,657			2	%		2	%
Underwriting expenses [2]		652			626			676			712			669			3	%		(6	%)
Dividends to policyholders		4			4			8			(7	)		4			—		NM
Underwriting results	$	287		$	280		$	253		$	291		$	293			2	%		1	%
UNDERWRITING RATIOS
Losses and loss adjustment expenses
Current year [3]		63.4			65.4			65.4			62.9			63.0			0.4			(0.1	)
Prior year [1] [4]		(0.2	)		(0.4	)		(1.1	)		(0.8	)		0.2			(0.4	)		(1.0	)
Total losses and loss adjustment expenses		63.3			65.1			64.4			62.1			63.1			0.2			(1.0	)
Expenses		25.4			24.1			25.7			27.1			25.5			(0.1	)		1.6
Policyholder dividends		0.2			0.1			0.3			(0.3	)		0.2			—			(0.5	)
Combined ratio		88.8			89.3			90.4			88.9			88.8			—			0.1
Catastrophes
Current year		1.6			2.8			1.9			1.4			1.1			0.5			0.3
Prior year		(0.7	)		(0.7	)		(1.5	)		0.1			(0.2	)		(0.5	)		0.3
Catastrophe ratio		0.9			2.1			0.4			1.5			0.9			—			0.6
Combined ratio before catastrophes		87.9			87.1			90.0			87.4			87.9			—			(0.5	)
Combined ratio before catastrophes and prior year development [4]		87.4			86.9			89.6			88.3			87.6			(0.2	)		0.7

[1]	The three months ended March 31, 2006 included an $18 net release of catastrophe reserves, primarily related to the 2004 and 2005 hurricanes. The three months ended June 30, 2006 included a $17 net release of catastrophe reserves, primarily related to the 2004 and 2005 hurricanes, a net reserve release of $38 related to allocated loss adjustment expense reserves on workers’ compensation and package business in Business Insurance and a $45 strengthening of construction defects claim reserves in Specialty Commercial. The three months ended September 30, 2006 included a $39 net release of catastrophe reserves, primarily related to the 2004 and 2005 hurricanes. The three months ended December 31, 2006 included a net reserve release of $20 related to allocated loss adjustment expense reserves on workers’ compensation and package business in Business Insurance.
[2]	The three months ended June 30, 2006 included a reduction to the Citizens’ assessment of $34 ($18 in Business Insurance and $16 in Personal Lines). The three months ended September 30, 2006 included a reduction to the Citizens’ assessment of $7 ($4 in Business Insurance and $3 in Personal Lines). These assessments and reductions thereto related to 2004 and 2005 hurricanes. Citizens’ assessment recoupments for Business Insurance totaled $1 for each of the three months ended March 31, 2006 and June 30, 2006 and $2 for each of the three months ended September 30, 2006, December 31, 2006 and March 31, 2007. Citizens’ assessment recoupments for Personal Lines totaled $1 for the three months ended June 30, 2006 and $2 for each of the three months ended September 30, 2006, December 31, 2006 and March 31, 2007.
[3]	The three months ended December 31, 2006 included a current accident year reserve release totaling 2.2 points, related to Personal Lines auto liability claims and Business Insurance workers’ compensation claims and package business.
[4]	Included in the prior year losses and loss adjustment expenses ratio is prior accident year development on catastrophe losses.

PC-5

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
PROPERTY & CASUALTY
BUSINESS INSURANCE
UNDERWRITING RESULTS

															Year Over
	THREE MONTHS ENDED														Year			Sequential
	Mar. 31,		Jun. 30,			Sept. 30,			Dec. 31,			Mar. 31,			3 Month			3 Month
	2006		2006			2006			2006			2007			Change			Change
UNDERWRITING RESULTS
Written premiums	$	1,302	$	1,276		$	1,294		$	1,313		$	1,298			—			(1	%)
Change in unearned premium reserve		39		8			2			18			6			(85	%)		(67	%)
Earned premiums		1,263		1,268			1,292			1,295			1,292			2	%		—
Losses and loss adjustment expenses
Current year		767		778			821			761			793			3	%		4	%
Prior year [1]		10		(36	)		(20	)		(15	)		6			(40	%)	NM
Total losses and loss adjustment expenses		777		742			801			746			799			3	%		7	%
Underwriting expenses [2]		349		326			361			384			366			5	%		(5	%)
Dividends to policyholders		3		3			7			1			3			—		NM
Underwriting results	$	134	$	197		$	123		$	164		$	124			(7	%)		(24	%)
UNDERWRITING RATIOS
Losses and loss adjustment expenses
Current year [3]		60.8		61.3			63.5			58.9			61.4			(0.6	)		(2.5	)
Prior year [1] [4]		0.8		(2.8	)		(1.5	)		(1.2	)		0.5			0.3			(1.7	)
Total losses and loss adjustment expenses		61.5		58.5			62.0			57.7			61.8			(0.3	)		(4.1	)
Expenses		27.7		25.7			27.9			29.6			28.3			(0.6	)		1.3
Policyholder dividends		0.2		0.3			0.5			0.1			0.2			—			(0.1	)
Combined ratio		89.4		84.5			90.4			87.3			90.4			(1.0	)		(3.1	)
Catastrophes
Current year		1.2		1.9			1.9			0.6			0.9			0.3			(0.3	)
Prior year		0.5		(0.3	)		(2.0	)		0.4			(0.1	)		0.6			0.5
Catastrophe ratio		1.7		1.6			(0.1	)		1.0			0.7			1.0			0.3
Combined ratio before catastrophes		87.7		82.9			90.5			86.3			89.6			(1.9	)		(3.3	)
Combined ratio before catastrophes and prior year development [4]		87.4		85.4			90.0			87.9			89.1			(1.7	)		(1.2	)

[1]	The three months ended June 30, 2006 included a net reserve release of $38 related to allocated loss adjustment expense reserves on workers’ compensation and package business. The three months ended September 30, 2006 included a net catastrophe reserve release of $26, primarily related to the 2004 and 2005 hurricanes. The three months ended December 31, 2006 included a net reserve release of $20 related to allocated loss adjustment expense reserves on workers’ compensation and package business.
[2]	The three months ended June 30, 2006 and September 30, 2006 included a reduction to the Citizens’ assessment of $18 and $4, respectively. These assessments and reductions thereto related to 2004 and 2005 hurricanes. Citizens’ assessment recoupments totaled $1 for each of the three months ended March 31, 2006 and June 30, 2006 and $2 for each of the three months ended September 30, 2006, December 31, 2006 and March 31, 2007.
[3]	The three months ended December 31, 2006 included a current accident year reserve release totaling 2.2 points, predominantly related to workers’ compensation claims and package business.
[4]	Included in the prior year losses and loss adjustment expenses ratio is prior accident year development on catastrophe losses.

PC-6

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
PROPERTY & CASUALTY
BUSINESS INSURANCE
WRITTEN AND EARNED PREMIUMS

																Year Over
	THREE MONTHS ENDED															Year			Sequential
	Mar. 31,			Jun. 30,			Sept. 30,			Dec. 31,			Mar. 31,			3 Month			3 Month
	2006			2006			2006			2006			2007			Change			Change
WRITTEN PREMIUMS [1]
Small Commercial	$	721		$	684		$	657		$	666		$	740			3	%		11	%
Middle Market		581			592			637			647			558			(4	%)		(14	%)
Total	$	1,302		$	1,276		$	1,294		$	1,313		$	1,298			—			(1	%)
EARNED PREMIUMS [1]
Small Commercial	$	643		$	656		$	668		$	685		$	681			6	%		(1	%)
Middle Market		620			612			624			610			611			(1	%)		—
Total	$	1,263		$	1,268		$	1,292		$	1,295		$	1,292			2	%		—
STATISTICAL PREMIUM INFORMATION (YEAR OVER YEAR)
Written Price Increases/(Decreases)
Small Commercial		—			1	%		1	%		—			(1	%)		(1	%)		(1	%)
Middle Market		(4	%)		(3	%)		(4	%)		(5	%)		(4	%)		—			1	%
Premium Retention
Small Commercial		87	%		87	%		88	%		86	%		85	%		(2	%)		(1	%)
Middle Market		81	%		81	%		84	%		83	%		79	%		(2	%)		(4	%)
New Business Premium $
Small Commercial	$	149		$	139		$	125		$	120		$	129			(13	%)		8	%
Middle Market	$	112		$	110		$	119		$	117		$	106			(5	%)		(9	%)
Policies in force
Small Commercial		941,265			964,329			979,655			991,979			1,005,879			7	%		1	%
Middle Market		104,159			104,928			105,610			106,130			105,641			1	%		—

[1] The difference between written premiums and earned premiums is attributable to the change in unearned premium reserve.

PC-7

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
PROPERTY & CASUALTY
PERSONAL LINES
UNDERWRITING RESULTS

																Year Over
	THREE MONTHS ENDED															Year			Sequential
	Mar. 31,			Jun. 30,			Sept. 30,			Dec. 31,			Mar. 31,			3 Month			3 Month
	2006			2006			2006			2006			2007			Change			Change
UNDERWRITING RESULTS
Written premiums [1]	$	901		$	1,013		$	1,022		$	941		$	939			4	%		—
Change in unearned premium reserve		(18	)		74			70			(9	)		(14	)		22	%		(56	%)
Earned premiums [1]		919			939			952			950			953			4	%		—
Losses and loss adjustment expenses
Current year		589			650			655			622			610			4	%		(2	%)
Prior year [2]		14			(37	)		(7	)		(8	)		4			(71	%)	NM
Total losses and loss adjustment expenses		603			613			648			614			614			2	%		—
Underwriting expenses [3]		210			200			215			228			209			—			(8	%)
Underwriting results	$	106		$	126		$	89		$	108		$	130			23	%		20	%
UNDERWRITING RATIOS
Losses and loss adjustment expenses
Current year [4]		64.0			69.4			68.6			65.7			64.0			—			1.7
Prior year [2] [5]		1.5			(4.0	)		(0.7	)		(0.9	)		0.5			1.0			(1.4	)
Total losses and loss adjustment expenses		65.6			65.4			67.9			64.8			64.5			1.1			0.3
Expenses		22.9			21.2			22.8			23.8			21.9			1.0			1.9
Combined ratio		88.5			86.6			90.7			88.6			86.4			2.1			2.2
Catastrophes
Current year		2.6			4.8			2.3			3.0			1.8			0.8			1.2
Prior year		0.6			(1.2	)		(1.1	)		0.3			—			0.6			0.3
Catastrophe ratio		3.2			3.6			1.2			3.3			1.8			1.4			1.5
Combined ratio before catastrophes		85.3			83.0			89.5			85.3			84.6			0.7			0.7
Combined ratio before catastrophes and prior year development [5] [6]		84.4			85.7			89.0			86.5			84.1			0.3			2.4
COMBINED RATIO
Automobile		93.2			92.2			96.6			92.5			90.7			2.5			1.8
Homeowners		74.5			70.4			73.7			77.5			74.8			(0.3	)		2.7
Total		88.5			86.6			90.7			88.6			86.4			2.1			2.2

[1]	Written premiums for Omni for the three months ended March 31, 2006, June 30, 2006, September 30, 2006, December 31, 2006 and March 31, 2007 were $37, $30, $27, $14 and $1, respectively. Earned premiums for Omni for the three months ended March 31, 2006, June 30, 2006, September 30, 2006, December 31, 2006 and March 31, 2007 were $39, $36, $33, $19 and $2, respectively.
[2]	The three months ended June 30, 2006 and September 30, 2006 included a net catastrophe reserve release of $12 and $11, respectively, primarily related to the 2004 and 2005 hurricanes.
[3]	The three months ended June 30, 2006 and September 30, 2006 included a reduction to the Citizens’ assessment of $16 and $3, respectively. These assessments and reductions thereto related to 2004 and 2005 hurricanes. Citizens’ assessment recoupments totaled $1 for the three months ended June 30, 2006 and $2 for each of the three months ended September 30, 2006, December 31, 2006 and March 31, 2007.
[4]	The three months ended December 31, 2006 included a current accident year reserve release totaling 3.1 points, predominantly related to auto liability claims.
[5]	Included in the prior year losses and loss adjustment expenses ratio is prior accident year development on catastrophe losses.
[6]	Excluding the effect of Omni, the Personal Lines combined ratio before catastrophes and prior accident year development for the three months ended March 31, 2006, June 30, 2006, September 30, 2006, December 31, 2006 and March 31, 2007 was 82.8, 84.6, 88.0, 85.8 and 84.1, respectively.

PC-8

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
PROPERTY & CASUALTY
PERSONAL LINES
WRITTEN AND EARNED PREMIUMS

																Year Over
	THREE MONTHS ENDED															Year			Sequential
	Mar. 31,			Jun. 30,			Sept. 30,			Dec. 31,			Mar. 31,			3 Month			3 Month
	2006			2006			2006			2006			2007			Change			Change
BUSINESS UNIT
WRITTEN PREMIUMS [1]
AARP	$	589		$	678		$	683		$	630		$	650			10	%		3	%
Agency		250			283			291			276			269			8	%		(3	%)
Other		62			52			48			35			20			(68	%)		(43	%)
Total	$	901		$	1,013		$	1,022		$	941		$	939			4	%		—
EARNED PREMIUMS [1]
AARP	$	595		$	612		$	624		$	635		$	653			10	%		3	%
Agency		258			266			271			273			277			7	%		1	%
Other		66			61			57			42			23			(65	%)		(45	%)
Total	$	919		$	939		$	952		$	950		$	953			4	%		—
PRODUCT LINE
WRITTEN PREMIUMS [1]
Automobile	$	690		$	735		$	737		$	694		$	699			1	%		1	%
Homeowners		211			278			285			247			240			14	%		(3	%)
Total	$	901		$	1,013		$	1,022		$	941		$	939			4	%		—
EARNED PREMIUMS [1]
Automobile	$	686		$	695		$	708		$	703		$	693			1	%		(1	%)
Homeowners		233			244			244			247			260			12	%		5	%
Total	$	919		$	939		$	952		$	950		$	953			4	%		—
STATISTICAL PREMIUM INFORMATION (YEAR OVER YEAR)
Written Price Increases/(Decreases)
Automobile		—			—			(1	%)		(1	%)		—			—			1	%
Homeowners		4	%		4	%		4	%		6	%		8	%		4	%		2	%
Premium Retention
Automobile		86	%		87	%		87	%		87	%		89	%		3	%		2	%
Homeowners		94	%		95	%		95	%		93	%		100	%		6	%		7	%
New Business Premium $
Automobile	$	109		$	114		$	129		$	117		$	117			7	%		—
Homeowners	$	32		$	44		$	46		$	39		$	37			16	%		(5	%)
Policies in force
Automobile		2,252,977			2,277,520			2,314,116			2,276,165			2,313,512			3	%		2	%
Homeowners		1,396,102			1,421,230			1,445,973			1,460,679			1,478,797			6	%		1	%

[1] The difference between written premiums and earned premiums is attributable to the change in unearned premium reserve.

PC-9

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
PROPERTY & CASUALTY
SPECIALTY COMMERCIAL
UNDERWRITING RESULTS

																Year Over
	THREE MONTHS ENDED															Year			Sequential
	Mar. 31,			Jun. 30,			Sept. 30,			Dec. 31,			Mar. 31,			3 Month			3 Month
	2006			2006			2006			2006			2007			Change			Change
UNDERWRITING RESULTS
Written premiums	$	426		$	418		$	383		$	369		$	385			(10	%)		4	%
Change in unearned premium reserve		43			19			(5	)		(11	)		7			(84	%)	NM
Earned premiums		383			399			388			380			378			(1	%)		(1	%)
Losses and loss adjustment expenses
Current year		272			277			247			267			250			(8	%)		(6	%)
Prior year [1]		(30	)		64			(1	)		2			(6	)		80	%	NM
Total losses and loss adjustment expenses		242			341			246			269			244			1	%		(9	%)
Underwriting expenses		93			100			100			100			94			1	%		(6	%)
Dividends to policyholders		1			1			1			(8	)		1			—		NM
Underwriting results	$	47		$	(43	)	$	41		$	19		$	39			(17	%)		105	%
UNDERWRITING RATIOS
Losses and loss adjustment expenses
Current year		70.9			69.4			64.0			69.7			65.8			5.1			3.9
Prior year [1] [2]		(7.4	)		15.9			(0.5	)		0.7			(1.7	)		(5.7	)		2.4
Total losses and loss adjustment expenses		63.6			85.3			63.5			70.4			64.1			(0.5	)		6.3
Expenses		23.7			25.8			25.4			26.9			25.0			(1.3	)		1.9
Policyholder dividends		0.4			(0.1	)		0.5			(2.1	)		0.4			—			(2.5	)
Combined ratio		87.7			111.0			89.4			95.1			89.6			(1.9	)		5.5
Catastrophes
Current year		0.5			1.0			0.7			—			0.1			0.4			(0.1	)
Prior year		(7.6	)		(0.4	)		(0.5	)		(1.2	)		(1.1	)		(6.5	)		(0.1	)
Catastrophe ratio		(7.1	)		0.6			0.1			(1.3	)		(1.0	)		(6.1	)		(0.3	)
Combined ratio before catastrophes		94.8			110.4			89.2			96.4			90.6			4.2			5.8
Combined ratio before catastrophes and prior year development [2]		94.6			94.0			89.2			94.4			91.2			3.4			3.2

[1]	The three months ended March 31, 2006 included a net catastrophe reserve release of $30, primarily related to the 2004 and 2005 hurricanes. The three months ended June 30, 2006 included an increase of $45 for construction defects claims.
[2]	Included in the prior year losses and loss adjustment expenses ratio is prior accident year development on catastrophe losses.

PC-10

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
PROPERTY & CASUALTY
SPECIALTY COMMERCIAL
WRITTEN AND EARNED PREMIUMS

											Year Over
	THREE MONTHS ENDED										Year			Sequential
	Mar. 31,		Jun. 30,		Sept. 30,		Dec. 31,		Mar. 31,		3 Month			3 Month
	2006		2006		2006		2006		2007		Change			Change
WRITTEN PREMIUMS [1]
Property	$	43	$	69	$	49	$	51	$	41		(5	%)		(20	%)
Casualty		189		139		130		112		164		(13	%)		46	%
Professional Liability, Fidelity and Surety		157		174		179		187		159		1	%		(15	%)
Other		37		36		25		19		21		(43	%)		11	%
Total	$	426	$	418	$	383	$	369	$	385		(10	%)		4	%
EARNED PREMIUMS [1]
Property	$	55	$	54	$	51	$	53	$	52		(5	%)		(2	%)
Casualty		142		147		146		132		135		(5	%)		2	%
Professional Liability, Fidelity and Surety		154		160		171		165		170		10	%		3	%
Other		32		38		20		30		21		(34	%)		(30	%)
Total	$	383	$	399	$	388	$	380	$	378		(1	%)		(1	%)

[1] The difference between written premiums and earned premiums is attributable to the change in unearned premium reserve.

PC-11

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
PROPERTY & CASUALTY
OTHER OPERATIONS
OPERATING RESULTS

																Year Over
	THREE MONTHS ENDED															Year			Sequential
	Mar. 31,			Jun. 30,			Sept. 30,			Dec. 31,			Mar. 31,			3 Month			3 Month
	2006			2006			2006			2006			2007			Change			Change
UNDERWRITING RESULTS
Written premiums	$	—		$	2		$	—		$	2		$	—			—			(100	%)
Change in unearned premium reserve		(1	)		1			—			(1	)		—			100	%		100	%
Earned premiums		1			1			—			3			—			(100	%)		(100	%)
Losses and loss adjustment expenses
Current year		—			—			—			—			—			—			—
Prior year [1]		19			267			58			16			18			(5	%)		13	%
Total losses and loss adjustment expenses		19			267			58			16			18			(5	%)		13	%
Underwriting expenses		3			—			4			4			6			100	%		50	%
Underwriting results	$	(21	)	$	(266	)	$	(62	)	$	(17	)	$	(24	)		(14	%)		(41	%)
Net investment income		66			69			60			66			62			(6	%)		(6	%)
Periodic net coupon settlements on credit derivatives, before-tax		—			—			—			—			—			—			—
Other income (expenses)		1			(1	)		—			(1	)		—			(100	%)		100	%
Income tax (expense) benefit		(11	)		72			5			(12	)		(10	)		9	%		17	%
Core earnings		35			(126	)		3			36			28			(20	%)		(22	%)
Add: Net realized capital gains, after-tax		—			2			3			12			4			—			(67	%)
Net income (loss)	$	35		$	(124	)	$	6		$	48		$	32			(9	%)		(33	%)

[1] The three months ended June 30, 2006 included a $243 charge as a result of the agreement with Equitas and the Company’s evaluation of the reinsurance recoverables and allowance for uncollectible reinsurance associated with older, long-term casualty liabilities. The three months ended September 30, 2006 included environmental reserve strengthening of $43.

PC-12

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
PROPERTY & CASUALTY
OTHER OPERATIONS LOSSES AND LOSS ADJUSTMENT EXPENSES

For the Three Months Ended March 31, 2007	Asbestos			Environmental			All Other [1][5]			Total
Beginning liability — net [2] [3]	$	2,242		$	316		$	1,858		$	4,416
Losses and loss adjustment expenses incurred		6			—			12			18
Losses and loss adjustment expenses paid		(72	)		(17	)		(62	)		(151	)
Ending liability – net [2] [3]	$	2,176 [4]		$	299		$	1,808		$	4,283

[1]	“All Other” also includes unallocated loss adjustment expense reserves and the allowance for uncollectible reinsurance.
[2]	Excludes asbestos and environmental net liabilities reported in Ongoing Operations of $9 and $6, respectively, as of March 31, 2007, and $9 and $6, respectively, as of December 31, 2006. Total net losses and loss adjustment expenses incurred in Ongoing Operations for the three months ended March 31, 2007 includes $1 related to asbestos and environmental claims. Total net losses and loss adjustment expenses paid in Ongoing Operations for the three months ended March 31, 2007 includes $1 related to asbestos and environmental claims.
[3]	Gross of reinsurance, asbestos and environmental reserves, including liabilities in Ongoing Operations, were $3,095 and $336, respectively, as of March 31, 2007, and $3,242 and $362, respectively, as of December 31, 2006.
[4]	The one year and average three year net paid amounts for asbestos claims, including Ongoing Operations, are $370 and $256, respectively, resulting in a one year net survival ratio of 5.9 and a three year net survival ratio of 8.5. Net survival ratio is the quotient of the net carried reserves divided by the average annual payment amount and is an indication of the number of years that the net carried reserve would last (i.e. survive) if the future annual claim payments were consistent with the calculated historical average.
[5]	The Company includes its allowance for uncollectible reinsurance in the “All Other” category of reserves. When the Company commutes a ceded reinsurance contract or settles a ceded reinsurance dispute, the portion of the allowance for uncollectible reinsurance attributable to that commutation or settlement, if any, is reclassified to the appropriate cause of loss.

PC-13

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
PROPERTY & CASUALTY
PAID AND INCURRED LOSSES AND LOSS ADJUSTMENT EXPENSES (“LAE”)
DEVELOPMENT — ASBESTOS AND ENVIRONMENTAL

	Asbestos [1]					Environmental [1]
	Paid			Incurred		Paid			Incurred
For the Three Months Ended March 31, 2007	Losses & LAE			Losses & LAE		Losses & LAE			Losses & LAE
Gross
Direct	$	83		$	2	$	20		$	—
Assumed — Domestic		60			—		4			—
London Market		6			—		2			—
Total		149			2		26			—
Ceded		(77	)		4		(9	)		—
Net	$	72		$	6	$	17		$	—

[1] Excludes asbestos and environmental paid and incurred losses and LAE reported in Ongoing Operations. Total gross losses and LAE incurred in Ongoing Operations for the three months ended March 31, 2007 includes $1 related to asbestos and environmental claims. Total gross losses and LAE paid in Ongoing Operations for the three months ended March 31, 2007 includes $1 related to asbestos and environmental claims.

PC-14

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
PROPERTY & CASUALTY
UNPAID LOSS AND LOSS ADJUSTMENT EXPENSE RESERVE ROLLFORWARD

	For the Three Months Ended March 31, 2007
	Business			Personal			Specialty			Ongoing			Other			Total
	Insurance			Lines			Commercial			Operations			Operations			P&C
Liabilities for unpaid losses and loss adjustment expenses at 1/1/07 - gross	$	7,794		$	1,959		$	6,522		$	16,275		$	5,716		$	21,991
Reinsurance and other recoverables		650			134			2,303			3,087			1,300			4,387
Liabilities for unpaid losses and loss adjustment expenses at 1/1/07 - net		7,144			1,825			4,219			13,188			4,416			17,604
Provision for unpaid losses and loss adjustment expenses
Current year		793			610			250			1,653			—			1,653
Prior year		6			4			(6	)		4			18			22
Total provision for unpaid losses and loss adjustment expenses		799			614			244			1,657			18			1,675
Payments		(617	)		(645	)		(192	)		(1,454	)		(151	)		(1,605	)
Liabilities for unpaid losses and loss adjustment expenses at 3/31/07 - net		7,326			1,794			4,271			13,391			4,283			17,674
Reinsurance and other recoverables		635			99			2,388			3,122			1,191			4,313
Liabilities for unpaid losses and loss adjustment expenses at 3/31/07 - gross	$	7,961		$	1,893		$	6,659		$	16,513		$	5,474		$	21,987
Earned premiums	$	1,292		$	953		$	378		$	2,623		$	—		$	2,623
Loss and loss expense paid ratio		47.8			67.7			49.8			55.3
Loss and loss expense incurred ratio		61.8			64.5			64.1			63.1
Prior accident year development (pts.)		0.5			0.5			(1.7	)		0.2

PC-15

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
PROPERTY & CASUALTY
REINSURANCE RECOVERABLE ANALYSIS

	March 31,			December 31,
	2007			2006
Gross Reinsurance Recoverables
Paid Loss and Loss Adjustment Expenses	$	539		$	460
Unpaid Loss and Loss Adjustment Expenses		4,252			4,417
Subtotal Gross Reinsurance Recoverables		4,791			4,877
Less: Allowance for Uncollectible Reinsurance		(418	)		(412	)
Net Reinsurance Recoverables	$	4,373		$	4,465

	As of December 31, 2006
Distribution of Gross Reinsurance Recoverables	Amount			% of Total
Gross Reinsurance Recoverables	$	4,877
Less: Mandatory (Assigned Risk) Pools & Structured Settlements		(673	)
Gross Reinsurance Recoverables Excluding Mandatory Pools & Structured Settlements	$	4,204
Rated A- (Excellent) or better by A.M. Best [1]	$	3,050			72.5	%
Other Rated by A.M. Best		162			3.9	%
Total Rated Companies		3,212			76.4	%
Voluntary Pools		223			5.3	%
Captives		197			4.7	%
Other Not Rated Companies		572			13.6	%
Total	$	4,204			100.0	%

[1] The balances as of December 31, 2005 have been presented on a gross basis to conform with the current year presentation. Based on A.M. Best ratings as of December 31, 2006.

PC-16

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
PROPERTY & CASUALTY
CONSOLIDATED INCOME STATEMENTS

																Year Over
	THREE MONTHS ENDED															Year			Sequential
	Mar. 31,			Jun. 30,			Sept. 30,			Dec. 31,			Mar. 31,			3 Month			3 Month
	2006			2006			2006			2006			2007			Change			Change
Earned premiums	$	2,566		$	2,607		$	2,632		$	2,628		$	2,623			2	%		—
Net investment income		357			365			359			405			413			16	%		2	%
Other revenues		123			114			118			118			118			(4	%)		—
Net realized capital gains (losses)		5			(29	)		16			17			23		NM				35	%
Total revenues		3,051			3,057			3,125			3,168			3,177			4	%		-
Losses and loss adjustment expenses [1]		1,641			1,963			1,753			1,645			1,675			2	%		2	%
Amortization of deferred policy acquisition costs		518			523			531			534			528			2	%		(1	%)
Insurance operating costs and expenses [2]		141			107			157			175			151			7	%		(14	%)
Other expenses		157			178			143			165			167			6	%		1	%
Total benefits and expenses		2,457			2,771			2,584			2,519			2,521			3	%		-
Income before income taxes		594			286			541			649			656			10	%		1	%
Income tax expense		170			70			160			151			195			15	%		29	%
Net income		424			216			381			498			461			9	%		(7	%)
Less: Net realized capital gains (losses), after-tax [3]		3			(19	)		10			50			13		NM				(74	%)
Core earnings	$	421		$	235		$	371		$	448		$	448			6	%		-
Total Property & Casualty effective tax rate — net income		28.6	%		24.4	%		29.7	%		23.3	%		29.7	%		1.1			6.4
Total Property & Casualty effective tax rate — core earnings		28.6	%		25.4	%		29.5	%		29.4	%		29.5	%		0.9			0.1

[1]	The three months ended June 30, 2006 included a $243 charge as a result of the agreement with Equitas and the Company’s evaluation of the reinsurance recoverables and allowance for uncollectible reinsurance associated with older, long-term casualty liabilities. The three months ended December 31, 2006 included a current accident year reserve release of $58, predominantly related to Personal Lines auto liability claims and Business Insurance workers’ compensation claims and package business.
[2]	The three months ended June 30, 2006 included a reduction to the Citizens’ assessment of $34 ($18 in Business Insurance and $16 in Personal Lines). The three months ended September 30, 2006 included a reduction to the Citizens’ assessment of $7 ($4 in Business Insurance and $3 in Personal Lines). These assessments and reductions thereto related to 2004 and 2005 hurricanes. Citizens’ assessment recoupments for Business Insurance totaled $1 for each of the three months ended March 31, 2006 and June 30, 2006 and $2 for each of the three months ended September 30, 2006, December 31, 2006 and March 31, 2007. Citizens’ assessment recoupments for Personal Lines totaled $1 for the three months ended June 30, 2006 and $2 for each of the three months ended September 30, 2006, December 31, 2006 and March 31, 2007.
[3]	The three months ended December 31, 2006 included a $25 after-tax gain on the sale of Omni.

PC-17

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
PROPERTY & CASUALTY
CONSOLIDATED BALANCE SHEETS

	AS OF												Year Over
	Mar. 31,		Jun. 30,			Sept. 30,		Dec. 31,			Mar. 31,		Year			Sequential
	2006		2006			2006		2006			2007		Change			Change
Investments
Fixed maturities, available for sale, at fair value	$	24,984	$	25,377		$	26,460	$	27,178		$	27,138		9	%		—
Equity securities, available for sale, at fair value		719		796			783		873			861		20	%		(1	%)
Mortgage loans		225		286			291		409			506		125	%		24	%
Other investments		712		797			843		840			938		32	%		12	%
Total investments		26,640		27,256			28,377		29,300			29,443		11	%		—
Cash		290		193			156		225			229		(21	%)		2	%
Premiums receivable and agents’ balances		3,321		3,312			3,308		3,251			3,312		—			2	%
Reinsurance recoverables		5,261		4,485			4,232		4,465			4,373		(17	%)		(2	%)
Deferred policy acquisition costs		1,150		1,176			1,202		1,197			1,201		4	%		—
Deferred income tax		984		1,061			715		608			520		(47	%)		(14	%)
Goodwill		152		152			152		149			149		(2	%)		—
Property and equipment, net		485		504			523		543			558		15	%		3	%
Other assets		1,624		1,552			1,404		1,281			1,475		(9	%)		15	%
Total assets	$	39,907	$	39,691		$	40,069	$	41,019		$	41,260		3	%		1	%
Unpaid losses and loss adjustment expenses	$	21,974	$	21,770		$	21,849	$	21,991		$	21,987		—			—
Unearned premiums		5,607		5,580			5,589		5,522			5,537		(1	%)		—
Other liabilities		3,492		3,562			2,884		3,321			4,623		32	%		39	%
Total liabilities		31,073		30,912			30,322		30,834			32,147		3	%		4	%
Equity, x-AOCI, net of tax		8,816		8,949			9,451		9,851			8,781		—			(11	%)
AOCI, net of tax		18		(170	)		296		334			332	NM				(1	%)
Total stockholders’ equity		8,834		8,779			9,747		10,185			9,113		3	%		(11	%)
Total liabilities and stockholders’ equity	$	39,907	$	39,691		$	40,069	$	41,019		$	41,260		3	%		1	%
Hartford Fire NAIC RBC									588	%

PC-18

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
PROPERTY & CASUALTY
STATUTORY SURPLUS TO GAAP STOCKHOLDERS’ EQUITY RECONCILIATION

	Dec. 31, 2006			Dec. 31, 2005
Statutory Capital and Surplus	$	8,230		$	6,980
GAAP Adjustments Deferred policy acquisition costs		1,197			1,134
Deferred taxes		(320	)		(355	)
Benefit reserves		(107	)		(165	)
Unrealized gains on investments		418			324
Goodwill		149			104
Non-admitted assets		939			745
Other, net		(321	)		(118	)
GAAP Stockholders’ Equity	$	10,185		$	8,649

PC-19

INVESTMENTS

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
INVESTMENT EARNINGS BEFORE-TAX
CONSOLIDATED

																Year Over
	THREE MONTHS ENDED															Year			Sequential
	Mar. 31,			Jun. 30,			Sept. 30,			Dec. 31,			Mar. 31,			3 Month			3 Month
	2006			2006			2006			2006			2007			Change			Change
Net Investment Income (Loss)
Fixed maturities [1]
Taxable	$	897		$	911		$	937		$	988		$	1,002			12	%		1	%
Tax-exempt		135			133			132			133			133			(1	%)		—
Total fixed maturities		1,032			1,044			1,069			1,121			1,135			10	%		1	%
Equities
Available-for-sale		23			21			23			25			28			22	%		12	%
Held for trading		454			(970	)		1,185			1,155			210			(54	%)		(82	%)
Total equities		477			(949	)		1,208			1,180			238			(50	%)		(80	%)
Mortgage loans		31			36			42			49			57			84	%		16	%
Policy loans		33			36			37			36			36			9	%		—
Limited partnerships		6			35			26			39			51		NM				31	%
Other		24			3			(10	)		(3	)		(12	)	NM			NM
Subtotal		1,603			205			2,372			2,422			1,505			(6	%)		(38	%)
Less: Investment expense		22			17			23			25			22			—			(12	%)
Total net investment income (loss)	$	1,581		$	188		$	2,349		$	2,397		$	1,483			(6	%)		(38	%)
Less: Securities held for trading		454			(970	)		1,185			1,155			210			(54	%)		(82	%)
Total net investment income excluding trading securities	$	1,127		$	1,158		$	1,164		$	1,242		$	1,273			13	%		2	%
Investment yield, before-tax [2]		5.6	%		5.7	%		5.6	%		5.9	%		5.9	%		0.3			—
Investment yield, after-tax [2]		3.9	%		3.9	%		3.9	%		4.0	%		4.1	%		0.2			0.1
Net Realized Capital Gains (Losses)
Gross gains on sale	$	91		$	89		$	103		$	137		$	124			36	%		(9	%)
Gross losses on sale		(106	)		(124	)		(107	)		(84	)		(66	)		38	%		21	%
Impairments
Credit related		—			—			(3	)		(7	)		(12	)		—			(71	%)
Other [3]		(23	)		(66	)		(18	)		(4	)		(3	)		87	%		25	%
Total impairments		(23	)		(66	)		(21	)		(11	)		(15	)		35	%		(36	%)
Japanese fixed annuity contract hedges, net [4]		(44	)		(14	)		38			3			5		NM				67	%
Periodic net coupon settlements on credit derivatives/Japan [5]		(14	)		(7	)		(11	)		(12	)		(9	)		36	%		25	%
GMWB derivatives, net		(13	)		(22	)		9			—			22		NM				—
Other net gain (loss) [6]		(12	)		(35	)		16			(11	)		(15	)		(25	%)		(36	%)
Total net realized capital gains (losses)	$	(121	)	$	(179	)	$	27		$	22		$	46		NM				109	%

[1]	Includes income on short-term bonds.
[2]	Represents annualized net investment income (excluding income related to equity securities held for trading) divided by the monthly weighted average invested assets at cost or amortized cost, as applicable, excluding equity securities held for trading, collateral received associated with the securities lending program and reverse repurchase agreements as well as consolidated variable interest entity minority interests.
[3]	Primarily relates to fixed maturity impairments for which the Company was uncertain of its intent to retain the investment for a period of time sufficient to allow for a recovery to amortized cost. These impairments do not relate to security issuers for which the Company has current concerns regarding their ability to pay future interest and principal amounts based upon the securities’ contractual terms.
[4]	Relates to the Japanese fixed annuity product (product and related derivative hedging instruments excluding periodic net coupon settlements).
[5]	Included in core earnings.
[6]	Primarily consists of changes in fair value on non-qualifying derivatives and hedge ineffectiveness on qualifying derivative instruments. In addition, the three months ended December 31, 2006 includes a before-tax benefit of $35 received from the WorldCom security settlement and a before-tax loss of $24 from the sale of Omni.

I-1 

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
INVESTMENT EARNINGS BEFORE-TAX
LIFE

																Year Over
	THREE MONTHS ENDED															Year			Sequential
	Mar. 31,			Jun. 30,			Sept. 30,			Dec. 31,			Mar. 31,			3 Month			3 Month
	2006			2006			2006			2006			2007			Change			Change
Net Investment Income (Loss)
Fixed maturities [1]
Taxable	$	663		$	673		$	692		$	714		$	727			10	%		2	%
Tax-exempt		29			30			29			30			30			3	%		—
Total fixed maturities		692			703			721			744			757			9	%		2	%
Equities
Available-for-sale		15			13			13			15			18			20	%		20	%
Held for trading		454			(970	)		1,185			1,155			210			(54	%)		(82	%)
Total equities		469			(957	)		1,198			1,170			228			(51	%)		(81	%)
Mortgage loans		28			32			38			44			50			79	%		14	%
Policy loans		33			36			37			36			36			9	%		—
Limited partnerships		9			23			14			23			32		NM				39	%
Other		5			(4	)		(4	)		(19	)		(24	)	NM				(26	%)
Subtotal		1,236			(167	)		2,004			1,998			1,079			(13	%)		(46	%)
Less: Investment expense		16			12			17			18			17			6	%		(6	%)
Total net investment income (loss)	$	1,220		$	(179	)	$	1,987		$	1,980		$	1,062			(13	%)		(46	%)
Less: Securities held for trading		454			(970	)		1,185			1,155			210			(54	%)		(82	%)
Total net investment income excluding trading securities	$	766		$	791		$	802		$	825		$	852			11	%		3	%
Investment yield, before-tax [2]		5.7	%		5.8	%		5.8	%		5.9	%		5.9	%		0.2			—
Investment yield, after-tax [2]		3.8	%		3.8	%		3.8	%		3.9	%		3.9	%		0.1			—
Net Realized Capital Gains (Losses)
Gross gains on sale	$	41		$	48		$	61		$	65		$	72			76	%		11	%
Gross losses on sale		(59	)		(82	)		(66	)		(50	)		(40	)		32	%		20	%
Impairments
Credit related		—			—			(3	)		(7	)		(12	)		—			(71	%)
Other [3]		(9	)		(43	)		(14	)		—			(2	)		78	%		—
Total impairments		(9	)		(43	)		(17	)		(7	)		(14	)		(56	%)		(100	%)
Japanese fixed annuity contract hedges, net [4]		(44	)		(14	)		38			3			5		NM				67	%
Periodic net coupon settlements on credit derivatives/Japan [5]		(14	)		(8	)		(12	)		(14	)		(12	)		14	%		14	%
GMWB derivatives, net		(13	)		(22	)		9			—			22		NM				—
Other net gain (loss) [6]		(28	)		(29	)		(2	)		8			(10	)		64	%	NM
Total net realized capital gains (losses)	$	(126	)	$	(150	)	$	11		$	5		$	23		NM			NM

[1]	Includes income on short-term bonds.
[2]	Represents annualized net investment income (excluding income related to equity securities held for trading) divided by the monthly weighted average invested assets at cost or amortized cost, as applicable, excluding equity securities held for trading, collateral received associated with the securities lending program and reverse repurchase agreements as well as consolidated variable interest entity minority interests.
[3]	Primarily relates to fixed maturity impairments for which the Company was uncertain of its intent to retain the investment for a period of time sufficient to allow for a recovery to amortized cost. These impairments do not relate to security issuers for which the Company has current concerns regarding their ability to pay future interest and principal amounts based upon the securities’ contractual terms.
[4]	Relates to the Japanese fixed annuity product (product and related derivative hedging instruments excluding periodic net coupon settlements).
[5]	Included in core earnings.
[6]	Primarily consists of changes in fair value on non-qualifying derivatives and hedge ineffectiveness on qualifying derivative instruments. In addition, the three months ended December 31, 2006 includes a before-tax benefit of $25 received from the WorldCom security settlement.

I-2 

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
INVESTMENT EARNINGS BEFORE-TAX
PROPERTY & CASUALTY

																Year Over
	THREE MONTHS ENDED															Year			Sequential
	Mar. 31,			Jun. 30,			Sept. 30,			Dec. 31,			Mar. 31,			3 Month			3 Month
	2006			2006			2006			2006			2007			Change			Change
Net Investment Income (Loss)
Fixed maturities [1]
Taxable	$	230		$	236		$	242		$	263		$	267			16	%		2	%
Tax-exempt		106			103			103			103			103			(3	%)		—
Total fixed maturities		336			339			345			366			370			10	%		1	%
Equities — available-for-sale		8			8			10			9			10			25	%		11	%
Mortgage loans		3			4			4			5			7			133	%		40	%
Limited partnerships		(3	)		12			12			16			19		NM				19	%
Other		19			7			(6	)		16			12			(37	%)		(25	%)
Subtotal		363			370			365			412			418			15	%		1	%
Less: Investment expense		6			5			6			7			5			(17	%)		(29	%)
Total net investment income (loss)	$	357		$	365		$	359		$	405		$	413			16	%		2	%
Investment yield, before-tax [2]		5.5	%		5.5	%		5.3	%		5.8	%		5.9	%		0.4			0.1
Investment yield, after-tax [2]		4.1	%		4.1	%		3.9	%		4.3	%		4.4	%		0.3			0.1
Net Realized Capital Gains (Losses)
Gross gains on sale	$	50		$	41		$	42		$	72		$	52			4	%		(28	%)
Gross losses on sale		(47	)		(42	)		(41	)		(34	)		(26	)		45	%		24	%
Impairments
Credit related		—			—			—			—			—			—			—
Other [3]		(14	)		(23	)		(4	)		(4	)		(1	)		93	%		75	%
Total impairments		(14	)		(23	)		(4	)		(4	)		(1	)		93	%		75	%
Periodic net coupon settlements on credit derivatives [4]		—			1			1			2			3			—			50	%
Other net gain (loss) [5]		16			(6	)		18			(19	)		(5	)	NM				74	%
Total net realized capital gains (losses)	$	5		$	(29	)	$	16		$	17		$	23		NM				35	%

[1]	Includes income on short-term bonds.
[2]	Represents annualized net investment income divided by the monthly weighted average invested assets at cost or amortized cost, as applicable, excluding the collateral received associated with the securities lending program.
[3]	Primarily relates to fixed maturity impairments for which the Company was uncertain of its intent to retain the investment for a period of time sufficient to allow for a recovery to amortized cost. These impairments do not relate to security issuers for which the Company has current concerns regarding their ability to pay future interest and principal amounts based upon the securities’ contractual terms.
[4]	Included in core earnings.
[5]	Primarily consists of changes in fair value on non-qualifying derivatives, hedge ineffectiveness on qualifying derivative instruments and other investment gains. In addition, the three months ended December 31, 2006 includes a before-tax benefit of $10 received from the WorldCom security settlement and a before-tax loss of $24 from the sale of Omni.

I-3 

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
INVESTMENT EARNINGS BEFORE-TAX
CORPORATE

											Year Over
	THREE MONTHS ENDED										Year			Sequential
	Mar. 31,		Jun. 30,		Sept. 30,		Dec. 31,		Mar. 31,		3 Month			3 Month
	2006		2006		2006		2006		2007		Change			Change
Net Investment Income
Fixed maturities [1]
Taxable	$	4	$	2	$	3	$	11	$	8		100	%		(27	%)
Total fixed maturities		4		2		3		11		8		100	%		(27	%)
Equities — available-for-sale		—		—		—		1		—		—			(100	%)
Total net investment income	$	4	$	2	$	3	$	12	$	8		100	%		(33	%)

[1] Includes income on short-term bonds.

I-4 

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
COMPOSITION OF INVESTED ASSETS
CONSOLIDATED

	March 31,					June 30,					September 30,					December 31,					March 31,
	2006					2006					2006					2006					2007
	Amount		Percent			Amount		Percent			Amount		Percent			Amount		Percent			Amount		Percent
Fixed maturities, available-for-sale, at fair value [1]	$	75,719		69.6	%	$	76,054		68.6	%	$	78,705		68.5	%	$	80,755		67.8	%	$	81,566		66.3	%
Equity securities, at fair value
Available-for-sale [2]		1,539		1.4	%		1,568		1.4	%		1,594		1.4	%		1,739		1.4	%		2,212		1.8	%
Held for trading		26,057		23.9	%		26,916		24.3	%		27,863		24.3	%		29,393		24.7	%		30,805		25.1	%
Total equity securities, at fair value		27,596		25.3	%		28,484		25.7	%		29,457		25.7	%		31,132		26.1	%		33,017		26.9	%
Policy loans, at outstanding balance		2,007		1.9	%		2,110		1.9	%		2,057		1.8	%		2,051		1.7	%		2,099		1.7	%
Mortgage loans, at cost		2,145		2.0	%		2,555		2.3	%		2,742		2.4	%		3,318		2.8	%		4,015		3.3	%
Limited partnerships		774		0.7	%		946		0.9	%		1,095		1.0	%		1,244		1.0	%		1,500		1.2	%
Other investments [3]		578		0.5	%		682		0.6	%		668		0.6	%		673		0.6	%		746		0.6	%
Total investments	$	108,819		100.0	%	$	110,831		100.0	%	$	114,724		100.0	%	$	119,173		100.0	%	$	122,943		100.0	%
Less: Equity securities held for trading		26,057		23.9	%		26,916		24.3	%		27,863		24.3	%		29,393		24.7	%		30,805		25.1	%
Total investments excluding trading securities	$	82,762		76.1	%	$	83,915		75.7	%	$	86,861		75.7	%	$	89,780		75.3	%	$	92,138		74.9	%
HIMCO managed third party accounts	$	4,849				$	5,283				$	6,828				$	7,157				$	7,654
Asset-backed securities (“ABS”)	$	7,867		10.4	%	$	8,008		10.5	%	$	7,620		9.7	%	$	7,925		9.8	%	$	8,991		11.0	%
Commercial mortgage-backed securities (“CMBS”)		13,224		17.5	%		13,588		17.9	%		15,027		19.1	%		16,666		20.6	%		16,993		20.8	%
Collateralized mortgage obligation (“CMO”)		1,003		1.3	%		1,227		1.6	%		1,295		1.6	%		1,308		1.6	%		1,231		1.5	%
Corporate		34,012		44.9	%		33,828		44.5	%		35,123		44.6	%		35,891		44.6	%		34,736		42.6	%
Government/Government agencies — Foreign		1,429		1.9	%		1,240		1.6	%		1,133		1.4	%		1,294		1.6	%		1,272		1.6	%
Government/Government agencies — U.S.		1,014		1.3	%		1,583		2.1	%		1,352		1.7	%		846		1.0	%		1,055		1.3	%
Mortgage-backed securities (“MBS”) — agency		2,963		3.9	%		2,849		3.8	%		2,717		3.5	%		2,702		3.3	%		2,509		3.1	%
Municipal — taxable		1,139		1.5	%		1,147		1.5	%		1,268		1.6	%		1,344		1.7	%		1,345		1.6	%
Municipal — tax-exempt		10,841		14.3	%		10,550		13.9	%		11,086		14.1	%		11,062		13.7	%		11,466		14.1	%
Redeemable preferred stock		41		0.1	%		38		—			40		0.1	%		36		—			47		0.1	%
Short-term		2,186		2.9	%		1,996		2.6	%		2,044		2.6	%		1,681		2.1	%		1,921		2.3	%
Total fixed maturities [1]	$	75,719		100.0	%	$	76,054		100.0	%	$	78,705		100.0	%	$	80,755		100.0	%	$	81,566		100.0	%
AAA	$	20,197		26.7	%	$	21,098		27.7	%	$	22,421		28.6	%	$	23,629		29.2	%	$	25,500		31.3	%
AA		10,299		13.6	%		10,556		13.9	%		10,520		13.4	%		10,298		12.8	%		10,911		13.4	%
A		18,544		24.5	%		18,196		23.9	%		18,059		22.9	%		18,251		22.6	%		17,175		21.1	%
BBB		16,575		21.9	%		15,605		20.5	%		16,700		21.2	%		17,655		21.9	%		17,023		20.9	%
U.S. Government/Government agencies		4,926		6.5	%		5,597		7.4	%		5,782		7.3	%		5,507		6.8	%		5,406		6.6	%
BB & below		2,992		3.9	%		3,006		4.0	%		3,179		4.0	%		3,734		4.6	%		3,630		4.4	%
Short-term		2,186		2.9	%		1,996		2.6	%		2,044		2.6	%		1,681		2.1	%		1,921		2.3	%
Total fixed maturities [1]	$	75,719		100.0	%	$	76,054		100.0	%	$	78,705		100.0	%	$	80,755		100.0	%	$	81,566		100.0	%

[1]	Includes $164, $224, $376, $404 and $486 in Corporate at March 31, 2006, June 30, 2006, September 30, 2006, December 31, 2006 and March 31, 2007, respectively, of which $97, $150, $271, $397 and $112, respectively, were investments held by The Hartford Financial Services Group, Inc.
[2]	Includes $40, $55, and $53 in Corporate at September 30, 2006, December 31, 2006, and March 31, 2007, respectively.
[3]	Includes $45 in Corporate at March 31, 2007.

I-5 

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
COMPOSITION OF INVESTED ASSETS
LIFE

	March 31,					June 30,					September 30,					December 31,					March 31,
	2006					2006					2006					2006					2007
	Amount		Percent			Amount		Percent			Amount		Percent			Amount		Percent			Amount		Percent
Fixed maturities, available-for-sale, at fair value	$	50,571		61.7	%	$	50,453		60.6	%	$	51,869		60.3	%	$	53,173		59.4	%	$	53,942		58.0	%
Equity securities, at fair value
Available-for-sale		820		1.0	%		772		0.9	%		771		0.9	%		811		0.9	%		1,298		1.4	%
Held for trading		26,057		31.8	%		26,916		32.3	%		27,863		32.4	%		29,393		32.9	%		30,805		33.2	%
Total equity securities, at fair value		26,877		32.8	%		27,688		33.2	%		28,634		33.3	%		30,204		33.8	%		32,103		34.6	%
Policy loans, at outstanding balance		2,007		2.4	%		2,110		2.5	%		2,057		2.4	%		2,051		2.3	%		2,099		2.3	%
Mortgage loans, at cost		1,920		2.3	%		2,269		2.7	%		2,451		2.9	%		2,909		3.3	%		3,509		3.8	%
Limited partnerships		491		0.6	%		581		0.7	%		679		0.8	%		794		0.9	%		966		1.0	%
Other investments		149		0.2	%		250		0.3	%		241		0.3	%		283		0.3	%		297		0.3	%
Total investments	$	82,015		100.0	%	$	83,351		100.0	%	$	85,931		100.0	%	$	89,414		100.0	%	$	92,916		100.0	%
Less: Equity securities held for trading		26,057		31.8	%		26,916		32.3	%		27,863		32.4	%		29,393		32.9	%		30,805		33.2	%
Total investments excluding trading securities	$	55,958		68.2	%	$	56,435		67.7	%	$	58,068		67.6	%	$	60,021		67.1	%	$	62,111		66.8	%
ABS	$	6,784		13.4	%	$	6,929		13.7	%	$	6,574		12.7	%	$	6,725		12.6	%	$	7,705		14.3	%
CMBS		9,552		18.9	%		9,745		19.3	%		10,660		20.6	%		11,875		22.3	%		12,150		22.5	%
CMO		870		1.7	%		983		2.0	%		1,010		1.9	%		1,004		1.9	%		928		1.7	%
Corporate		24,648		48.7	%		24,235		48.0	%		25,166		48.5	%		25,572		48.1	%		24,996		46.4	%
Government/Government agencies — Foreign		746		1.5	%		579		1.2	%		488		0.9	%		689		1.3	%		648		1.2	%
Government/Government agencies — U.S.		806		1.6	%		1,226		2.4	%		1,011		1.9	%		661		1.2	%		819		1.5	%
MBS — agency		2,147		4.2	%		2,080		4.1	%		1,969		3.8	%		1,903		3.6	%		1,759		3.3	%
Municipal — taxable		942		1.9	%		955		1.9	%		1,067		2.1	%		1,144		2.2	%		1,144		2.1	%
Municipal — tax-exempt		2,407		4.8	%		2,346		4.7	%		2,476		4.8	%		2,495		4.7	%		2,582		4.8	%
Redeemable preferred stock		16		—			15		—			16		—			13		—			16		—
Short-term		1,653		3.3	%		1,360		2.7	%		1,432		2.8	%		1,092		2.1	%		1,195		2.2	%
Total fixed maturities	$	50,571		100.0	%	$	50,453		100.0	%	$	51,869		100.0	%	$	53,173		100.0	%	$	53,942		100.0	%
AAA	$	11,010		21.8	%	$	11,707		23.2	%	$	12,362		23.8	%	$	13,301		25.0	%	$	14,908		27.7	%
AA		6,714		13.3	%		6,914		13.7	%		6,848		13.2	%		6,584		12.4	%		6,901		12.8	%
A		13,568		26.8	%		13,235		26.2	%		13,024		25.1	%		13,193		24.8	%		12,423		23.0	%
BBB		12,180		24.1	%		11,336		22.5	%		12,241		23.6	%		12,909		24.3	%		12,627		23.4	%
U.S. Government/Government agencies		3,797		7.5	%		4,252		8.4	%		4,221		8.1	%		3,947		7.4	%		3,870		7.2	%
BB & below		1,649		3.2	%		1,649		3.3	%		1,741		3.4	%		2,147		4.0	%		2,018		3.7	%
Short-term		1,653		3.3	%		1,360		2.7	%		1,432		2.8	%		1,092		2.1	%		1,195		2.2	%
Total fixed maturities	$	50,571		100.0	%	$	50,453		100.0	%	$	51,869		100.0	%	$	53,173		100.0	%	$	53,942		100.0	%

I-6 

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
COMPOSITION OF INVESTED ASSETS
PROPERTY & CASUALTY

	March 31,					June 30,					September 30,					December 31,					March 31,
	2006					2006					2006					2006					2007
	Amount		Percent			Amount		Percent			Amount		Percent			Amount		Percent			Amount		Percent
Fixed maturities, available-for-sale, at fair value	$	24,984		93.8	%	$	25,377		93.1	%	$	26,460		93.2	%	$	27,178		92.8	%	$	27,138		92.2	%
Equity securities, available-for-sale, at fair value		719		2.7	%		796		2.9	%		783		2.8	%		873		3.0	%		861		2.9	%
Mortgage loans, at cost		225		0.8	%		286		1.1	%		291		1.0	%		409		1.4	%		506		1.7	%
Limited partnerships		283		1.1	%		365		1.3	%		416		1.5	%		450		1.5	%		534		1.8	%
Other investments		429		1.6	%		432		1.6	%		427		1.5	%		390		1.3	%		404		1.4	%
Total investments	$	26,640		100.0	%	$	27,256		100.0	%	$	28,377		100.0	%	$	29,300		100.0	%	$	29,443		100.0	%
ABS	$	1,083		4.4	%	$	1,079		4.3	%	$	1,046		4.0	%	$	1,200		4.4	%	$	1,286		4.7	%
CMBS		3,672		14.7	%		3,843		15.1	%		4,367		16.5	%		4,791		17.6	%		4,843		17.8	%
CMO		133		0.5	%		244		1.0	%		285		1.1	%		304		1.1	%		303		1.1	%
Corporate		9,250		37.0	%		9,480		37.4	%		9,768		36.9	%		10,060		37.2	%		9,650		35.7	%
Government/Government agencies — Foreign		683		2.7	%		661		2.6	%		645		2.4	%		605		2.2	%		624		2.3	%
Government/Government agencies — U.S.		208		0.8	%		357		1.4	%		341		1.3	%		185		0.7	%		236		0.9	%
MBS — agency		816		3.3	%		769		3.0	%		748		2.8	%		799		2.9	%		750		2.8	%
Municipal — taxable		197		0.8	%		192		0.8	%		201		0.8	%		200		0.7	%		201		0.7	%
Municipal — tax-exempt		8,434		33.8	%		8,204		32.3	%		8,610		32.5	%		8,567		31.5	%		8,884		32.7	%
Redeemable preferred stock		25		0.1	%		23		—			24		0.1	%		23		0.1	%		31		0.1	%
Short-term		483		1.9	%		525		2.1	%		425		1.6	%		444		1.6	%		330		1.2	%
Total fixed maturities	$	24,984		100.0	%	$	25,377		100.0	%	$	26,460		100.0	%	$	27,178		100.0	%	$	27,138		100.0	%
AAA	$	9,181		36.8	%	$	9,385		37.0	%	$	10,054		38.1	%	$	10,321		38.1	%	$	10,588		39.0	%
AA		3,528		14.1	%		3,584		14.1	%		3,577		13.5	%		3,583		13.2	%		3,965		14.6	%
A		4,926		19.7	%		4,914		19.4	%		4,952		18.7	%		4,950		18.2	%		4,715		17.4	%
BBB		4,394		17.6	%		4,267		16.8	%		4,453		16.8	%		4,733		17.4	%		4,392		16.2	%
U.S. Government/Government agencies		1,129		4.5	%		1,345		5.3	%		1,561		5.9	%		1,560		5.7	%		1,536		5.7	%
BB & below		1,343		5.4	%		1,357		5.3	%		1,438		5.4	%		1,587		5.8	%		1,612		5.9	%
Short-term		483		1.9	%		525		2.1	%		425		1.6	%		444		1.6	%		330		1.2	%
Total fixed maturities	$	24,984		100.0	%	$	25,377		100.0	%	$	26,460		100.0	%	$	27,178		100.0	%	$	27,138		100.0	%

I-7 

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
UNREALIZED LOSS AGING
CONSOLIDATED [1] [2]

	March 31, 2007							December 31, 2006
	Amortized		Fair		Unrealized			Amortized		Fair		Unrealized
	Cost		Value		Loss			Cost		Value		Loss
Total AFS [3] Securities
Three months or less	$	13,387	$	13,251	$	(136	)	$	12,601	$	12,500	$	(101	)
Greater than three months to six months		698		690		(8	)		1,261		1,242		(19	)
Greater than six months to nine months		769		758		(11	)		1,239		1,210		(29	)
Greater than nine months to twelve months		954		936		(18	)		1,992		1,959		(33	)
Greater than twelve months		15,737		15,331		(406	)		15,402		14,911		(491	)
Total	$	31,545	$	30,966	$	(579	)	$	32,495	$	31,822	$	(673	)
BIG [4] and Equity AFS [3] Securities
Three months or less	$	729	$	720	$	(9	)	$	631	$	624	$	(7	)
Greater than three months to six months		85		84		(1	)		52		50		(2	)
Greater than six months to nine months		12		11		(1	)		128		122		(6	)
Greater than nine months to twelve months		30		29		(1	)		128		124		(4	)
Greater than twelve months		762		724		(38	)		573		529		(44	)
Total	$	1,618	$	1,568	$	(50	)	$	1,512	$	1,449	$	(63	)

[1]	As of March 31, 2007, fixed maturities represented $571 or 99%, of the Company’s total unrealized loss of available-for-sale securities. The Company held no securities of a single issuer that were at an unrealized loss position in excess of 5% of the total unrealized loss amount as of March 31, 2007 and December 31, 2006. For a detailed discussion of the other than temporary impairment criteria, see “Evaluation of Other-Than-Temporary Impairments on Available-for-Sale Securities” included in the Critical Accounting Estimates section of the Management’s Discussion & Analysis and “Other-Than-Temporary Impairments on Available-for-Sale Securities” in Note 1 of Notes to Consolidated Financial Statements, both of which are included in The Hartford’s 2006 Form 10-K Annual Report.
[2]	Includes investments held in Corporate.
[3]	Represents available-for-sale (“AFS”) securities.
[4]	Represents below investment grade (“BIG”) securities.

I-8 

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
UNREALIZED LOSS AGING
LIFE

	March 31, 2007							December 31, 2006
	Amortized		Fair		Unrealized			Amortized		Fair		Unrealized
	Cost		Value		Loss			Cost		Value		Loss
Total AFS Securities
Three months or less	$	9,614	$	9,516	$	(98	)	$	8,462	$	8,392	$	(70	)
Greater than three months to six months		531		526		(5	)		999		985		(14	)
Greater than six months to nine months		607		599		(8	)		934		912		(22	)
Greater than nine months to twelve months		756		742		(14	)		1,186		1,166		(20	)
Greater than twelve months		9,952		9,696		(256	)		9,952		9,635		(317	)
Total	$	21,460	$	21,079	$	(381	)	$	21,533	$	21,090	$	(443	)
BIG and Equity AFS Securities
Three months or less	$	491	$	485	$	(6	)	$	391	$	387	$	(4	)
Greater than three months to six months		53		52		(1	)		26		25		(1	)
Greater than six months to nine months		8		7		(1	)		57		53		(4	)
Greater than nine months to twelve months		19		18		(1	)		74		71		(3	)
Greater than twelve months		475		446		(29	)		410		371		(39	)
Total	$	1,046	$	1,008	$	(38	)	$	958	$	907	$	(51	)

I-9 

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
UNREALIZED LOSS AGING
PROPERTY & CASUALTY

	March 31, 2007							December 31, 2006
	Amortized		Fair		Unrealized			Amortized		Fair		Unrealized
	Cost		Value		Loss			Cost		Value		Loss
Total AFS Securities
Three months or less	$	3,754	$	3,716	$	(38	)	$	3,954	$	3,923	$	(31	)
Greater than three months to six months		166		163		(3	)		250		245		(5	)
Greater than six months to nine months		161		158		(3	)		305		298		(7	)
Greater than nine months to twelve months		197		193		(4	)		800		787		(13	)
Greater than twelve months		5,782		5,632		(150	)		5,446		5,272		(174	)
Total	$	10,060	$	9,862	$	(198	)	$	10,755	$	10,525	$	(230	)
BIG and Equity AFS Securities
Three months or less	$	231	$	228	$	(3	)	$	232	$	229	$	(3	)
Greater than three months to six months		33		32		(1	)		26		25		(1	)
Greater than six months to nine months		4		4		—			71		69		(2	)
Greater than nine months to twelve months		11		11		—			54		53		(1	)
Greater than twelve months		283		275		(8	)		161		156		(5	)
Total	$	562	$	550	$	(12	)	$	544	$	532	$	(12	)

I-10 

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
INVESTED ASSET EXPOSURES
AS OF MARCH 31, 2007

TOP TEN CORPORATE FIXED MATURITY EXPOSURES BY SECTOR

	LIFE
			Percent of
			Total
	Fair		Invested
	Value		Assets
Basic industry	$	2,029		2.2	%
Capital goods		1,847		2.0	%
Consumer cyclical		2,330		2.5	%
Consumer non cyclical		2,143		2.3	%
Energy		1,259		1.4	%
Financial services		7,538		8.1	%
Technology and communications		2,861		3.1	%
Transportation		559		0.6	%
Utilities		3,198		3.4	%
Other		1,232		1.3	%
Total	$	24,996		26.9	%

	P&C
			Percent of
			Total
	Fair		Invested
	Value		Assets
Basic industry	$	842		2.9	%
Capital goods		597		2.0	%
Consumer cyclical		908		3.1	%
Consumer non cyclical		944		3.2	%
Energy		440		1.5	%
Financial services		2,772		9.4	%
Technology and communications		1,138		3.9	%
Transportation		143		0.5	%
Utilities		1,457		4.9	%
Other		409		1.4	%
Total	$	9,650		32.8	%

	CONSOLIDATED [1]
			Percent of
			Total
	Fair		Invested
	Value		Assets
Basic industry	$	2,871		2.3	%
Capital goods		2,447		2.0	%
Consumer cyclical		3,242		2.6	%
Consumer non cyclical		3,088		2.5	%
Energy		1,701		1.4	%
Financial services		10,384		8.5	%
Technology and communications		4,002		3.3	%
Transportation		703		0.6	%
Utilities		4,657		3.8	%
Other		1,641		1.3	%
Total	$	34,736		28.3	%

TOP TEN EXPOSURES BY ISSUER [2] [3]

	LIFE
General Electric Company	$	273	0.3	%
Citigroup Inc.		261	0.3	%
Merrill Lynch & Co., Inc.		253	0.3	%
Parcs Ltd.		249	0.3	%
Bank of America Corp.		248	0.3	%
AT&T Inc.		239	0.3	%
HSBC Holdings PLC		236	0.2	%
Comm. 2006-C8 Mortgage Trust		221	0.2	%
Royal Bank of Scotland Group PLC		214	0.2	%
UBS AG		199	0.2	%
Total	$	2,393	2.6	%

	P&C
State of California	$	246	0.8	%
New York City, NY		226	0.8	%
State of Georgia		211	0.7	%
State of Massachusetts		197	0.7	%
State of Illinios		192	0.7	%
Goldman Sachs Group, Inc.		187	0.6	%
Puttable Fltg. Opt. Tax-Exempts Rcpts		171	0.6	%
State of Louisiana		146	0.5	%
Merrill Lynch & Co., Inc.		126	0.4	%
Houston, TX		118	0.4	%
Total	$	1,820	6.2	%

	CONSOLIDATED [1]
State of California	$	408	0.3	%
Merrill Lynch & Co., Inc.		382	0.3	%
Goldman Sachs Group, Inc.		382	0.3	%
General Electric Company		375	0.3	%
State of Massachusetts		323	0.3	%
Bank of America Corp.		323	0.3	%
HSBC Holdings PLC		316	0.3	%
State of Illinios		314	0.3	%
UBS AG		311	0.2	%
Parcs Ltd.		299	0.2	%
Total	$	3,433	2.8	%

[1]	Includes investments held in Corporate.
[2]	Excludes U.S. government and government agency backed securities as well as securities classified as trading securities.
[3]	Issuers may include trust securities or holdings supported by multiple underlying assets.

I-11