Type Public Number of employees 17,500 (2015) | Key people Christopher Swift, CEO | |
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Traded as NYSE: HIG
S&P 500 Component Revenue $26.2 billion USD (2013) Net income $ 176 million USD (2013) Total assets $247.8 billion USD (2015) Stock price HIG (NYSE) US$ 48.07 +0.26 (+0.54%)31 Mar, 4:02 PM GMT-4 - Disclaimer Headquarters Hartford, Connecticut, United States CEO Christopher J. Swift (1 Jul 2014–) Founded 1810, Hartford, Connecticut, United States Subsidiaries Twin City Fire Insurance Co, Evergreen Group Profiles | ||
The hartford financial services group inc celebrates 200 years of incorporation
The Hartford Financial Services Group, Inc., usually known as The Hartford, is a United States-based investment and insurance company that is part of the Fortune 500 list. Headquartered in Hartford, Connecticut, The Hartford's 2013 revenues were $26.2 billion. The company’s earnings are divided between property-and-casualty operations, group benefits and mutual funds.
Contents
- The hartford financial services group inc celebrates 200 years of incorporation
- History
- Acquisitions divestitures and related changes
- References
The Hartford is the 12th-largest property and casualty company in the United States, The Hartford sells its products primarily through a network of agents and brokers, and has been the direct auto and home insurance writer for members of AARP for more than 25 years.
The company's product offerings include:
History
The Hartford was founded in 1810 in Hartford, Connecticut. A group of local merchants gathered in a Hartford inn and, with working capital of $15,000, founded the Hartford Fire Insurance Company. The company survived some of the greatest peacetime tragedies in American history. After a huge fire destroyed New York's financial district in 1835, The Hartford's president, Eliphalet Terry, used his personal wealth to cover all of the company's damage claims. Other catastrophic events included the Chicago fire of 1871 and the 1906 San Francisco earthquake and fire.
The company logo shows a male deer, which in full maturity was referred to by the medieval hunting term hart. The etymology of 'Hartford' is the ford where harts cross (deer crossing). The Seal of the City of Hartford likewise features a mature male deer.